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  4. The DOJ seized $3.6 billion [in bitcoin] and arrested a husband and wife

The DOJ seized $3.6 billion [in bitcoin] and arrested a husband and wife

Scheduled Pinned Locked Moved The Insider News
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  • D Offline
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    David ONeil
    wrote on last edited by
    #1

    [A cringe rapper slash Forbes contributor allegedly found with billions in stolen Bitcoin - The Verge](https://www.theverge.com/2022/2/8/22923772/doj-irs-bitfinex-hack-bitcoin-recovery-encrypted-files-razzlekhan) That's a whole lotta nothin', from the heat of a thousand CPUs! > Law enforcement says it was able to seize the 94,636 Bitcoin left in the wallet because Lichtenstein allegedly uploaded a list to a cloud storage and email provider that contained addresses for the wallet that Binfinex’s funds were dumped into, along with the private keys to access them. The file was encrypted, but after obtaining it through a search warrant, the statement of facts says that law enforcement was able to decrypt it and several other files (though it doesn’t offer any explanation of how). Interesting.

    Our Forgotten Astronomy | Object Oriented Programming with C++

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    • D David ONeil

      [A cringe rapper slash Forbes contributor allegedly found with billions in stolen Bitcoin - The Verge](https://www.theverge.com/2022/2/8/22923772/doj-irs-bitfinex-hack-bitcoin-recovery-encrypted-files-razzlekhan) That's a whole lotta nothin', from the heat of a thousand CPUs! > Law enforcement says it was able to seize the 94,636 Bitcoin left in the wallet because Lichtenstein allegedly uploaded a list to a cloud storage and email provider that contained addresses for the wallet that Binfinex’s funds were dumped into, along with the private keys to access them. The file was encrypted, but after obtaining it through a search warrant, the statement of facts says that law enforcement was able to decrypt it and several other files (though it doesn’t offer any explanation of how). Interesting.

      Our Forgotten Astronomy | Object Oriented Programming with C++

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      Kent Sharkey
      wrote on last edited by
      #2

      I was debating posting this one, but I figured it was too ridiculous (even for me). :laugh: Oh, and she’s a “rapper”. The story has everything.

      TTFN - Kent

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      • K Kent Sharkey

        I was debating posting this one, but I figured it was too ridiculous (even for me). :laugh: Oh, and she’s a “rapper”. The story has everything.

        TTFN - Kent

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        David ONeil
        wrote on last edited by
        #3

        The whole fact that 3 billion can be directly connected to a single person _is_ pretty ridiculous. And the rest of the story was - chef's kiss

        Our Forgotten Astronomy | Object Oriented Programming with C++

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        • D David ONeil

          The whole fact that 3 billion can be directly connected to a single person _is_ pretty ridiculous. And the rest of the story was - chef's kiss

          Our Forgotten Astronomy | Object Oriented Programming with C++

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          Kent Sharkey
          wrote on last edited by
          #4

          So much for the idea that blockchain transactions are “untraceable”. That spiral graph hurts my head though.

          TTFN - Kent

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          • K Kent Sharkey

            So much for the idea that blockchain transactions are “untraceable”. That spiral graph hurts my head though.

            TTFN - Kent

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            David ONeil
            wrote on last edited by
            #5

            Kent Sharkey wrote:

            That spiral graph hurts my head though.

            Not as much as her fashion sense hurts mine! :laugh:

            Our Forgotten Astronomy | Object Oriented Programming with C++

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            • K Kent Sharkey

              So much for the idea that blockchain transactions are “untraceable”. That spiral graph hurts my head though.

              TTFN - Kent

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              Bernhard Hiller
              wrote on last edited by
              #6

              Kent Sharkey wrote:

              blockchain transactions are “untraceable”

              Eh? The concept of "public ledger" says exactly the contrary. You need many wallets and extra technology (like "bitcoin mixers") when you want to make it harder for your transactions being linked to you.

              Oh sanctissimi Wilhelmus, Theodorus, et Fredericus!

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              • D David ONeil

                The whole fact that 3 billion can be directly connected to a single person _is_ pretty ridiculous. And the rest of the story was - chef's kiss

                Our Forgotten Astronomy | Object Oriented Programming with C++

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                Lost User
                wrote on last edited by
                #7

                Just three billion? What is linked to Elon Musk? :D

                Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.

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                • K Kent Sharkey

                  So much for the idea that blockchain transactions are “untraceable”. That spiral graph hurts my head though.

                  TTFN - Kent

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                  Daniel Pfeffer
                  wrote on last edited by
                  #8

                  Kent Sharkey wrote:

                  That spiral graph hurts my head though.

                  The person who "designed" that should be locked up in the next cell, charged with graphical abuse. X|

                  Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. -- 6079 Smith W.

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                  • D Daniel Pfeffer

                    Kent Sharkey wrote:

                    That spiral graph hurts my head though.

                    The person who "designed" that should be locked up in the next cell, charged with graphical abuse. X|

                    Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. -- 6079 Smith W.

                    abmvA Offline
                    abmvA Offline
                    abmv
                    wrote on last edited by
                    #9

                    [Blockchain Analytics & Crypto Compliance Solutions | Elliptic](https://www.elliptic.co/) 100+ customers across 29 countries/98%+ of global trading volume covered/1 billion+ crypto addresses labeled/66% of crypto volume runs through exchanges using Elliptic Interesting ... there's something strange in the bitcoinhood who do you call ... elliptic co ... theirs something weird in the blockchain ... blockchain busters... An affidavit filed against the couple by IRS agents said they spent only a fraction of the stolen funds, some in gold and some in non-fungible tokens or NFTs, a type of A unique digital representation to sell or trade art or collectibles as a unique digital representation. Other payments include Walmart gift cards, as well as payments from Uber, Hotels.com and PlayStation, according to charging documents. Because the funds were confiscated under a court order, a judge will ultimately decide how to distribute the recovered funds, and the government will seek to return the funds to their rightful owners, U.S. officials said. “We have cooperated extensively with the DOJ since it began its investigation and will continue to do so,” Bitfinex said in a written statement. The company pledged to “follow due legal process establishing our right to return the stolen bitcoins.” Bitcoin, the most popular form of cryptocurrency, is computer code generated by publicly available software that allows people to store and send value online. Open source code originated with Bitcoin more than a decade ago and runs on an extensive network of private computers around the world. The value of cryptocurrencies is usually expressed in U.S. dollars and is determined by public transactions conducted by exchanges; these values ​​can fluctuate significantly. Bitcoin hit a high of around $69,000 in early November before plummeting to around $35,000 last month. It has recovered somewhat and is currently trading around $43,000, according to CoinMarketCap.

                    Caveat Emptor. "Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long

                    We are in the beginning of a mass extinction. - Greta Thunberg

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                    • L Lost User

                      Just three billion? What is linked to Elon Musk? :D

                      Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.

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                      David ONeil
                      wrote on last edited by
                      #10

                      And it is pretty ridiculous in that case, too.

                      Our Forgotten Astronomy | Object Oriented Programming with C++

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                      • D David ONeil

                        And it is pretty ridiculous in that case, too.

                        Our Forgotten Astronomy | Object Oriented Programming with C++

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                        Lost User
                        wrote on last edited by
                        #11

                        Ehr, you anything familiar with how the world works?

                        Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.

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                        • L Lost User

                          Ehr, you anything familiar with how the world works?

                          Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.

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                          David ONeil
                          wrote on last edited by
                          #12

                          Yes I am, and it is still ridiculous. Elon didn't personally make all of the EVs, or pour the pavement, lay the foundations, create the buildings, do the sales, and everything else that was necessary to make what he is credited for. He is simply a figurehead, and the fact that our system gives him a 'value' that is ridiculously above that of almost every other human on earth is downright stupid. What is even more disgusting is that he calls people pedophiles when they turn down his ideas that wouldn't have even helped. Watch [Debunking Elon Musk Pt1](https://www.youtube.com/watch?v=c-FGwDDc-s8) (and part 2) for a more detailed analysis of the narcissism at the heart of Elon.

                          Our Forgotten Astronomy | Object Oriented Programming with C++

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                          • D David ONeil

                            Yes I am, and it is still ridiculous. Elon didn't personally make all of the EVs, or pour the pavement, lay the foundations, create the buildings, do the sales, and everything else that was necessary to make what he is credited for. He is simply a figurehead, and the fact that our system gives him a 'value' that is ridiculously above that of almost every other human on earth is downright stupid. What is even more disgusting is that he calls people pedophiles when they turn down his ideas that wouldn't have even helped. Watch [Debunking Elon Musk Pt1](https://www.youtube.com/watch?v=c-FGwDDc-s8) (and part 2) for a more detailed analysis of the narcissism at the heart of Elon.

                            Our Forgotten Astronomy | Object Oriented Programming with C++

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                            Lost User
                            wrote on last edited by
                            #13

                            He personally showed a combat vehicle where the windows got smashed. The figurehead of exploding tesla's? How is that tunnel going that he envisioned? It not even a competition. My dick is larger. --edit Also has nothing to do with BC.

                            Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.

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