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Feds arrest couple, seize $3.6B in hacked Bitcoin funds

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Re: Feds arrest couple, seize $3.6B in hacked Bitcoin funds

#671

Earlier quoted context omitted.

This is just unreal. this guy was living a double life of being the greatest criminal ever. So among our community was a $4 billion hacker, just nonchalantly posting. I don't think he will be commenting anytime soon again if this really is him https://news.ycombinator.com/threads?id=il like your neighbor being a serial killer or something

I don't understand why he wouldn't move to somewhere that doesn't have an extradition policy with the US. If you go down that path, it seems like you should probably be willing to abandon your life. It's the same with Ross Ulbricht, seems like it would be terrifying living with that sword of damocles hanging over your head absolutely constantly.

No post body was provided.

Re: Feds arrest couple, seize $3.6B in hacked Bitcoin funds

#672
post #566

Earlier quoted context omitted.

> We've lost touch long since so I have no comment But felt it was important enough to state that you know her? I'm not sure what your comment is supposed to be.

jeez man, not every comment has to be a profound statement. I thought it was pretty interesting.

Just curious, what did you think was pretty interesting about it? The fact that one human knew another? The fact that someone on HN knew this person?

Not trying to troll, is there something here I'm missing?

Re: Feds arrest couple, seize $3.6B in hacked Bitcoin funds

#673
post #575

Earlier quoted context omitted.

I don't understand why he wouldn't move to somewhere that doesn't have an extradition policy with the US. If you go down that path, it seems like you should probably be willing to abandon your life. It's the same with Ross Ulbricht, seems like it would be terrifying living with that sword of damocles hanging over your head absolutely constantly.

That requires that you did something that you are very sure the country you end up in won't just prosecute you for themselves. If your crime is massively embarrassing to the US govt you go to Russia, or heinous sexual assault of a 13yo, France. But I think most of the usual culprits in this case would just prosecute you.

We disagree it was heinous and believe it's prescribed, thank you. Polanski is a French citizen and will not be given to the US, but if an american is demanded, we ll give him back on the double.

It s what they seem not to explain in movies: we protect our brothers in citizenship against exaggerated foreign conviction, but not foreigners.

Re: Feds arrest couple, seize $3.6B in hacked Bitcoin funds

#677
post #656

Earlier quoted context omitted.

As a crypto unbeliever I hate this too. Legal enforcement legitimizes crypto as property. It expands the definition of property by institutionally conferring the status of "owned" to a functional configuration of bits distributed over thousands of computers. Do we have this concept for other things? yes. But I'd rather like to contract the space of property rather than expand it.

> Legal enforcement legitimizes crypto as property. It expands the definition of property by institutionally conferring the status of "owned" to a functional configuration of bits distributed over thousands of computers. Isn't this exactly how your access to digital content is mediated? A bunch of servers somewhere says that this user identifier is allowed to access this content.

I might be missing something with this analogy. Is there a legal component to accessing digital content that re-enforces its concept of being property? /gen

There are general similarities in computers mechanically enforcing access that applies to crypto-assets and digital content. I'm specifically interested in how the legal system confers additional properties or re-enforces these properties in digital assets that legitimize the properties institutionally.

Re: Feds arrest couple, seize $3.6B in hacked Bitcoin funds

#678
post #252

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check out the affidavit accompanying the criminal complaint: https://www.justice.gov/opa/press-release/file/1470186/downl... yes, they're legally presumed innocent but they have a LOT of 'splaining to do.

feds seldom lose, 98+% conviction rate

Federal lawyers are expensive, especially if the defendant is innocent. Being accused is already a punishment.

Re: Feds arrest couple, seize $3.6B in hacked Bitcoin funds

#679
post #90
post #34

Earlier quoted context omitted.

Random example but my passwords look something like chOf$Tyl83fhn@54R. I keep them written down because they are hard to remember. My threat model is no one. Seems so amateur to use a simple password that could be brute forced. Especially with so much on the line.

>Seems so amateur to use a simple password that could be brute forced. Especially with so much on the line. There's selection bias going on because only dumb criminals get caught, so you only hear about the dumb opsec practices of those criminals. Conversely, you'll never hear about the opsec practices of that professional crew with perfect opsec that hacked an exchange/difi contract and disappeared into thin air.

Or the one that stole $3.9B worth, went to great lengths to put $3.6B where it could get tracked down, but linked to somebody else. Then they took $200M and made it even harder to track down, but linked to somebody else. Then they kept $100M with insane opsec knowing that the incentive to recover it had been reduced by 90+%.
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