Drug dealer loses codes for €53.6m Bitcoin accounts
irishtimes.com
Drug dealer loses codes for €53.6m Bitcoin accounts
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Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#2 Garda officers said they were hopeful advances in technology would one day enable them to access the bitcoin so it could be sold.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#3Is 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.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#4Is 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.
I'm sure IBM has a Quantum Watson for this.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#5Is 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.
They'd pay more fpr electricity. That's the point of modern widely usedencryption standards. Not to make it intpossible but completely impractical.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#6Well, 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.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#7Well, 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.
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#8Is 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.
they would be better off (by several orders of magnitude) just buying a bunch of lottery tickets
Re: Drug dealer loses codes for €53.6m Bitcoin accounts
#9Sparing himself from the old '$5 Wrench attack,' I see... well, goes to show you that Bitcoin does in fact work after all: it proves to be capable of averting confiscation, even if it means giving up (perceived?) ownership.
I'd like to believe people who amassed this much wealth in Bitcoin would have backups of backups etc... but I've heard too many goxxing like stories about people losing millions, and other similar exchange exit scams over the years.