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Why should I believe this? They can shut down their servers, move their crypto to different wallets, and pop up again in a few weeks, right?
Seems like they should invest more into cybersecurity, if someone was able to “steal” their Bitcoin and take over their infrastructure ;). But honestly, this only shows that IT systems are nowadays so complex that you cannot get them right and be able to truly protect you, no matter if you’re good or bad guy.
Can crypto actually be non-traceable? I remember currencies like Monero or ZCash advertising privacy from the last crypto craze. I mean if you have 100M in some account, can you actually run it trough "private" currencies to remove traces? BTC, ETH etc. all seems super traceable, even more so than in regular banking. Also how are criminals getting their money out with no one noticing, does Panama/Malta etc. have Krak…
Plenty of solutions. Mules using exchanges, buying NFTs from yourself, "lucky" investment picks in low liquidity alts, etc
> The REvil representative said its program was introducing new restrictions on the kinds of organizations that affiliates could hold for ransom, and that henceforth it would be forbidden to attack those in the “social sector” (defined as healthcare and educational institutions) and organizations in the “gov-sector” (state) of any country. Affiliates also will be required to get approval before infecting victims. Sta…
Surely, they're not storing their bitcoin keys on some aws linux box are they?
So taking down hospitals and healthcare facilities was fair game. But messing with Big Oil was just a step too far.
Earlier quoted context omitted.
Nope. Monero is actually private and untraceable.
Until someone cracks it, that is. If it becomes the crypto of choice for some of the bigger fish, you can bet the government will find a way to trace it.
This is certainly not a given. The government isn’t going to be cracking signal messages within any reasonable timeframe either.