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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 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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    K Offline
    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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      D Offline
      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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        B Offline
        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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          L Offline
          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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            D Offline
            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
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              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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                  L Offline
                  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.

                    D Offline
                    D Offline
                    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++

                      L Offline
                      L Offline
                      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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