Imagine how many lives were destroyed with drugs worth €53.6m.
Drug dealer loses codes for €53.6m Bitcoin accounts
11–20 of 25 posts
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#12Imagine how many lives were destroyed with drugs worth €53.6m.
Oh no, anything but the devil's lettuce. Wont somebody think of the children!
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#13Imagine how many lives were destroyed with drugs worth €53.6m.
That’s the current value of bitcoins. <100k€ in 2012 when he acquired them.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#14Is there anything preventing them from brute-forcing the wallets from now until the end of time? They might get lucky in a millennial or two.
The size of the keys is such that you could convert all of the matter in the solar system into a computer, and still not have enough compute performance to reasonably have a chance of recovering the key. People are a lot easier to break.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#15Well, if the police was asking for the private keys that protected my million-euro stash of drug money... I would have 'lost' them too. In that vein, I wonder if they keep an eye on the wallets, and for how long.
If I were in their position, I would sign up for one of those services that alert you when coins move. I run one [1]. I'd then set the alert to go to coldcases@police.ie saying "new evidence on case number xxxx". That way even if the current staff retire, it'll be followed up on. [1]: https://serverthiefbait.com
The chance that some random service run in the Bitcoin space exists in even a years time is vanishingly small.
Yes, even yours.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#16Imagine how many lives were destroyed with drugs worth €53.6m.
>"...bought most of the bitcoin in late 2011 and early 2012 using cash he made growing crops of cannabis."
More like a couple of thousands.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#17Earlier quoted context omitted.
If I were in their position, I would sign up for one of those services that alert you when coins move. I run one [1]. I'd then set the alert to go to coldcases@police.ie saying "new evidence on case number xxxx". That way even if the current staff retire, it'll be followed up on. [1]: https://serverthiefbait.com
The chance that some random service run in the Bitcoin space exists in even a years time is vanishingly small. Yes, even yours.
It is plausible to run a service on a $5 VPS. Pay $120 ahead of time and you have it for two years. I don't know why you think it would be so fragile. It wouldn't be difficult to run locally either.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#18Earlier quoted context omitted.
The chance that some random service run in the Bitcoin space exists in even a years time is vanishingly small. Yes, even yours.
It is plausible to run a service on a $5 VPS. Pay $120 ahead of time and you have it for two years. I don't know why you think it would be so fragile. It wouldn't be difficult to run locally either.
Until it gets owned by an unpatched CVE, anyway.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#19Earlier quoted context omitted.
If I were in their position, I would sign up for one of those services that alert you when coins move. I run one [1]. I'd then set the alert to go to coldcases@police.ie saying "new evidence on case number xxxx". That way even if the current staff retire, it'll be followed up on. [1]: https://serverthiefbait.com
The chance that some random service run in the Bitcoin space exists in even a years time is vanishingly small. Yes, even yours.
If I close down, I have to refund all my customers.
And it isn't a limited company, so those refunds come out of my personal bank balance.
You can bet I'll be running it for 10 years.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#20Earlier quoted context omitted.
It is plausible to run a service on a $5 VPS. Pay $120 ahead of time and you have it for two years. I don't know why you think it would be so fragile. It wouldn't be difficult to run locally either.
Until it gets owned by an unpatched CVE, anyway.
Pretty hard to own a VPS which has no external ports open, even if the software on it is years out of date. In fact, updating software is probably a bigger security risk than not doing so, because you never know when someone manages to package a malicious bit of code into a common debian package.
Also, if it did get owned, I'd just have to spend a few hours rebuilding it - no bitcoin wallets or anything to steal on there.