11–20 of 65 posts
Earlier quoted context omitted.
doesnt US hold like billions of dollars worth of bitcoin and other crypto that have been "siezed" over time? 'when' US sells these, wouldnt it be making a profit from stolen crypto?
There’s an argument to be made that asset seizure and hacking wallets are not quite the same thing.
Tangentially, if you have to make money "from" stolen currency, it must be a strange kind of currency.
Earlier quoted context omitted.
There’s an argument to be made that asset seizure and hacking wallets are not quite the same thing.
NK needs to pass some laws making crypto wallets outside of NK illegal. Then it can all be categorized under asset seizure.
Sure, it would be seizure anywhere they have jurisdiction.
Which isn't anywhere outside NK, rendering that point moot.
Tangentially, if you have to make money "from" stolen currency, it must be a strange kind of currency.
> job offer was fake. North Korean hackers now had access to Sky Mavis's private keys Maybe Sky Mavis was too busy playing with cryptocurencies instead of implementing proper information security. /s But yeah, North Korea = bad, America = good.
Tangentially, if you have to make money "from" stolen currency, it must be a strange kind of currency.
You can make money from stealing anything of value. What is strange about it?
Turns out there is a real world use case for crypto.
Earlier quoted context omitted.
You can make money from stealing anything of value. What is strange about it?
Normally if you stole euros you wouldn't need to first sell them for dollars to get value out of them. Cryptocurrencies are not currencies, not any more than rare postage stamps are.
Faster than bank transfers, and lower fees.