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Joined 8 months ago
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Cake day: October 28th, 2023

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  • Euphorazine@lemmy.worldtoButtcoin@awful.systemsAll my apes
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    3 months ago

    Interesting. I used that video to look up the FBIs report, so the two listed got charged with money laundering. It says they “seized” the remaining Bitcoin, but it didn’t specifically mention it got returned to bitfinex? Considering it was stolen in 2016 and recovered in 2022.

    I also wonder how that affects sentencing and/or restitution. Considering they stole $70m of securities but it was recovered at $3.6b.

    Also, I wonder how the charges would have changed if they didn’t attempt to obfuscate it. Like would they just get wire fraud and using a computer to commit a crime? Maybe their charges were more than what was covered in the article. I didn’t see a charge listed for actual theft. Maybe they couldn’t easily prove they did the hack but could prove they laundered the crypto so that’s all they prosecuted on.


  • Euphorazine@lemmy.worldtoButtcoin@awful.systemsAll my apes
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    3 months ago

    Yeah, but if you steal my money, the centralized state can punish you and demand restitution. It’s like when Seth Greene had his NFT phished, he had no legal recourse to get it back.

    Has there been any case where people stealing crypto got them in trouble? The only thing I’ve seen is where people create rug pulls and they get charged with fraud, so legal repercussions against an organization.


  • Euphorazine@lemmy.worldtoButtcoin@awful.systemsAll my apes
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    3 months ago

    Maybe off topic, but can you realistically “steal” crypto? It’s just a system where you need a key to authorize transactions. It’s not tied to a person, it’s tied to a key.

    It’s like, “who you are” part of authentication doesn’t exist, so therefore who you are wouldn’t define ownership.


  • Well overall, using these techniques has probably resolved a ton of investigations where the leads ran out and it being an overall positive. I think it would still be better that DNA from these sources cannot be used in trial. So a DNA match can give you a new angle to find other elements, but the fact DNA was used to find a trail shouldn’t be admissable.

    I guess the saying “better 100 guilty people go free rather than an innocent man should suffer” applies though.

    My bias though is probably skewed through the media I consume. I do watch a lot of channels like Lackluster YouTube videos (shows corruption and double standards in policing). I do try to balance it out with channels like Code Blue Cam which does highlight good policing too, but I would say I have an inherent distrust with policing nowadays.