151–160 of 345 posts
"Why yes, the wallet we found was empty. Totally empty."
Back in 2015 two rogue U.S. Secret Service agents, Shaun Bridges and Carl Mark Force, were caught and sentenced to prison for stealing funds while investigating the first high profile darknet market the Silk Road. Shaun Bridges plead guilty for moving 1,600 bitcoins of seized bitcoins confiscated by federal authorities.
I don't get why people even try to store their cryptos in a cloud-based wallet. Just store it in a USB and put it in a safety deposit box.
Let me guess one of two things:
1) If he surfaces, it won't be the law that catches him.
2) He got a deal he couldn't refuse
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Even with 100% of hashpower you can't steal anyone's money
You can stop them from ever spending it. You can't take it from someone, but you can stop them from using it - I doubt most people would consider that much of a difference (they still suffer the loss).
According to the dates and other information in the article, it is also possible he was hacked and someone else has the money.
How did they crack the Laptop? Just Bruteforcing a bad password or 0Day-ing the Encryption?
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Before/after the 850k/650k hack there were numerous other hacks, the total number of stolen BTC is still not clear, new proof of other hacks is still being discovered. Apparently Karpeles also found a 'forgotten' wallet of 200k BTC, which he still seems to own. It's a mess.
No, the found wallet is under the control of the trustee overseeing the bankruptcy of MtGox. We know this for certain because he sold 35,000BTC when BTC was around 10,000USD, ensuring the creditors will get their full investment back. Doesn't make us whole of course, but it is nice.
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It’s important to note that it’s not just splitting up your own transactions, it’s that it’s actually other people’s coins that end up in your destination wallets. As such, it becomes very difficult to trace: techniques for doing this are similar to large scale deanonimization of Tor traffic, and involve large scale pattern analysis.
> It’s important to note that it’s not just splitting up your own transactions, it’s that it’s actually other people’s coins that end up in your destination wallets. As such, it becomes very difficult to trace It was my basically uninformed impression that the bitcoin blockchain consists of a series of transaction records that look like this: - Address xxxxx1x sends 10 bitcoins to address xxxxx2x; address xxxxx7x min…
Hopefully that makes it a bit more clear. The word "chunk" is my own -- if you start using it in other discussions, nobody will know what you are talking about ;-) However, the main thing is that the wallets do not contain balances, but lists of transactions that ended up giving them coins. While there is no such thing as a "coin", it's discrete amounts rather than flowing in and out like water.
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No, because my first argument still applies in full to satoshi. There are balances of satoshi, but no individual satoshi.
every satoshi can be traced from birth until unspent. There are most certainly individual satoshi. they live in UTXO's.
Wow, this is now a serious crime, worthy of a movie.