$7.5B In Stolen Bitcoin from 2016 Bitfinex Hack has just been moved

Post by [deleted] » Wed, Apr 14, 2021, 7:45 PM UTC

ericsoderstrom wrote: post #27

pie420 wrote: post #23

Earlier quoted context omitted.

You can definitely do this with bills... You realize when a bank gets robbed the serial numbers are tracked and confiscated when they show up, and often lead to the theives

If someone pays you in cash, do you really look up the serial numbers of all the bills you receive?

Post by csomar » Wed, Apr 14, 2021, 7:49 PM UTC

liorn wrote: post #16

nknealk wrote: post #8

Here’s an interesting question — if you receive BTC from one of these addresses as payment for something, do you refuse it? You know it’s stolen and you might worry someone else who you might pay in the future would be able to track down that it’s stolen, so do you ask for “clean” BTC that isn’t linked to known theft? I don’t necessarily know the answer here. This is something that you can’t do with paper bills

Can one even refuse it? If someone just sends tainted coin to my address, am I screwed?

Post by feanaro » Wed, Apr 14, 2021, 7:50 PM UTC

arcticfox wrote: post #22

liorn wrote: post #16

Earlier quoted context omitted.

Can one even refuse it? If someone just sends tainted coin to my address, am I screwed?

What's wrong with simply returning it? Any "tainted coin tracker" could easily build in a mechanism for detecting that

Post by furyofantares » Wed, Apr 14, 2021, 7:51 PM UTC

horsawlarway wrote: post #29

arcticfox wrote: post #22

Earlier quoted context omitted.

What's wrong with simply returning it? Any "tainted coin tracker" could easily build in a mechanism for detecting that

The simplest answer is that returning it isn't free.

Post by cm2187 » Wed, Apr 14, 2021, 7:53 PM UTC

PaulAJ wrote: post #9

They are probably waiting for the Statute of Limitations to expire. For wire fraud that is 10 years.