Bitcoins are, after all, perfect for ransom money.
100k would be a lot to launder, though. Talk about the most tainted BTC address in existence...
Do you mean a Million?
Topic: The Entire World Just Found Out about Bitcoin! - page 2. (Read 13176 times)
100k would be a lot to launder, though. Talk about the most tainted BTC address in existence...
Do you mean a Million?
Felony blackmail threats against a presidential candidate are a little bigger than a mere marketing campaign.
Somebody went and hand delivered packages to office buildings, at the risk of leaving being identified due to residual DNA/fingerprints as well as possibly being captured on a surveilance camera. To do something that risky for a prank would be incredibly idiotic.
Then again people gave Pirate their money so I suppose anything's possible.
Somebody went and hand delivered packages to office buildings, at the risk of leaving being identified due to residual DNA/fingerprints as well as possibly being captured on a surveilance camera. To do something that risky for a prank would be incredibly idiotic.
Then again people gave Pirate their money so I suppose anything's possible.
Bitcoins are, after all, perfect for ransom money.
100k would be a lot to launder, though. Talk about the most tainted BTC address in existence...
Wow nice spike... hope the same thing happens on Gox!
BUY BUY BUY!
i wonder if this whole Romney Effect is one of Voorhees marketing campaigns? 
I don't know who it is but to be honest it smells like a Bitcoin marketing campaign. I wouldn't be surprised if it was. Then again, it could be for real. Bitcoins are, after all, perfect for ransom money.
i wonder if this whole Romney Effect is one of Voorhees marketing campaigns?
I don't know who it is but to be honest it smells like a Bitcoin marketing campaign. I wouldn't be surprised if it was. Then again, it could be for real. Bitcoins are, after all, perfect for ransom money.
a high risk one at that; hand delivering 2 USB drives to the Rep and Dem offices.
i wonder if this whole Romney Effect is one of Voorhees marketing campaigns?
I don't know who it is but to be honest it smells like a Bitcoin marketing campaign. I wouldn't be surprised if it was. Then again, it could be for real. Bitcoins are, after all, perfect for ransom money.
i wonder if this whole Romney Effect is one of Voorhees marketing campaigns?
No information at all in Poland press. Only ONE article in hax0r blog.
Yes but you would need big pooled account hidden as tor services or equivalent. If you do it with known pooled accounts, pretty sure SS will give them a visit quite fast.
Silk Road is pretty big and I don't think they will be visiting Silk Road because they can't find where it is physically located. Put the coins in Silk Road, pull them back out little by little. You will blend in with all the other small time drug dealers operating on there.
Agreed, that's the biggest pooled account operating as a tor service (that I know of).
Though to be correct, they theoretically could locate it, but they would need to control a big part of the tor network (please someone correct me if I'm wrong)
No mention of Bitcoin in the German articles either:
http://www.focus.de/politik/ausland/us-wahl/secret-service-ermittelt-unbekannter-erpresst-romney-mit-geklauten-steuerdaten_aid_814166.html
They mention pastebin but not Bitcoin.
http://www.focus.de/politik/ausland/us-wahl/secret-service-ermittelt-unbekannter-erpresst-romney-mit-geklauten-steuerdaten_aid_814166.html
They mention pastebin but not Bitcoin.
tomorrow we should see the explosion:
Chart looks 2 days lagged.
tomorrow we should see the explosion:
Yes but you would need big pooled account hidden as tor services or equivalent. If you do it with known pooled accounts, pretty sure SS will give them a visit quite fast.
Silk Road is pretty big and I don't think they will be visiting Silk Road because they can't find where it is physically located. Put the coins in Silk Road, pull them back out little by little. You will blend in with all the other small time drug dealers operating on there.
It's coming also on italian news, but they are all cutting the "bitcoin" word. It doesn't appear anywhere
"The currency is traceable, even if users go by pseudonyms, Garzik said. Every transaction is stored in a "block chain," which he compares to "a public ledger.""
I know Jeff knows better.
I know Jeff knows better.
Why does Jeff keep saying this when Silk Road has proven that law enforcement cannot trace tumbled coins?
It would be insanely stupid to publicly say that ransoms paid in BTC could never be traced. It's also technically untrue. The BTC can be traced - they don't ever disappear from the blockchain. It's tying them to real world transactions and identities which can be difficult. Just as delivery creates a point of vulnerability in the SR system, exchanging large amounts of BTC for cash or stuff also creates a vulnerability in illicit BTC transactions.
If someone knows what they are doing, it would be near impossible to tie the coins to a person or physical location. First you tumble the coins through certain pooled accounts on Bitcoin based sites. Then, you sell the coins locally for cash, a small amount at a time. Granted, doing this with $1 million worth of coins is going to be a bit more challenging, but time would be be on the side of the 'hacker'. They could do it over weeks, months, years.
Yes but you would need big pooled account hidden as tor services or equivalent. If you do it with known pooled accounts, pretty sure SS will give them a visit quite fast.
"The currency is traceable, even if users go by pseudonyms, Garzik said. Every transaction is stored in a "block chain," which he compares to "a public ledger.""
I know Jeff knows better.
I know Jeff knows better.
Why does Jeff keep saying this when Silk Road has proven that law enforcement cannot trace tumbled coins?
It would be insanely stupid to publicly say that ransoms paid in BTC could never be traced. It's also technically untrue. The BTC can be traced - they don't ever disappear from the blockchain. It's tying them to real world transactions and identities which can be difficult. Just as delivery creates a point of vulnerability in the SR system, exchanging large amounts of BTC for cash or stuff also creates a vulnerability in illicit BTC transactions.
If someone knows what they are doing, it would be near impossible to tie the coins to a person or physical location. First you tumble the coins through certain pooled accounts on Bitcoin based sites. Then, you sell the coins locally for cash, a small amount at a time. Granted, doing this with $1 million worth of coins is going to be a bit more challenging, but time would be be on the side of the 'hacker'. They could do it over weeks, months, years.
Jump to: