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Topic: 2014-05-28 WIRED - This Is What Happens When You Extort the ‘Bitcoin Jesus' (Read 771 times)

legendary
Activity: 1540
Merit: 1000
Haha. I love it when this sort of thing happens. People don't mind hiding behind their computers committing crimes but sure start to sweat when the tables are turned. I don't believe in 'karma' but I think this is as close as you'll get  Cheesy.

It wouldn't have worked if the perpetrator was actually competent though.

To be honest, if the perpetrator was competent he wouldn't pick a fight with someone like this in the first place because they'd know the consequences, the smart criminals always pick on the weak and ignorant, being competent is about knowing when to calmly quit while your ahead as well as actually go for something.
legendary
Activity: 2324
Merit: 1125
Haha. I love it when this sort of thing happens. People don't mind hiding behind their computers committing crimes but sure start to sweat when the tables are turned. I don't believe in 'karma' but I think this is as close as you'll get  Cheesy.

It wouldn't have worked if the perpetrator was actually competent though.
global moderator
Activity: 3794
Merit: 2615
Join the world-leading crypto sportsbook NOW!
Haha. I love it when this sort of thing happens. People don't mind hiding behind their computers committing crimes but sure start to sweat when the tables are turned. I don't believe in 'karma' but I think this is as close as you'll get  Cheesy.
legendary
Activity: 2324
Merit: 1125
And the hunter became the hunted Tongue
legendary
Activity: 2100
Merit: 1040
A Great Time to Start Something!
This is wild:

Roger Ver... ...was contacted by a hacker who had seized control of his old Hotmail account and used it to nab his Social Security number, passport number, and other personal information. The hacker threatened to exploit this information unless Ver forked over about 37 bitcoins, the equivalent of $20,000. But then Ver used the same number of bitcoins to put out a bounty on the hacker, and this instantly transformed the brazen cyber criminal into a penitent stooge.

“Sir, I am sincerely sorry. I am just a middleman. I was being told what to tell you,” the hacker told Ver soon after the bounty was posted, before later asking: “Are you going to order a hitman to kill me now?”


Off to read the rest now...  Smiley
Edit: Ver does not threaten to have the guy killed, but since BTC is used for the bounty, the thief assumes the worst.  // good article.
legendary
Activity: 4298
Merit: 3209
This Is What Happens When You Hack and Extort the ‘Bitcoin Jesus’

Quote
When the man known as “The Bitcoin Jesus” got hacked, he didn’t go straight to the police. He just tapped the power of bitcoin.


http://www.wired.com/2014/05/dfwtbj/
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