Topic: What could make a hacker return stolen $600m crypto - page 2. (Read 577 times)

We don't know the real reason behind it as I doubt these hackers will try to say anything about it.

But since they will return what was stolen, then it's good for all.

After that, the exchange should now hire the best of best developers and site operators to upgrade the security of the site to prevent the same case in the future. Not all hackers will return a stolen money. That was crazy to think.

Real or not but what matter most here is that he returned that $600M which is something that you could live your life to the fullest since you do have the money to spent.

But not everything could really be bought by money which there are indeed good hearted people who do really mind off about being ethical despite of being a hacker doesnt mean that all of them
are bad and there would be still always that someone who do really make good deeds.

Kudos to that hacker!

Two possible reasons;
1. Hacker doesn't want to get exposed for having that huge amount of money.
2. Or the hacker could be rich and just want to expose the system flaws for being vulnerable to hacking, or he just want to prove to himself that he could do such thing.

There were actually people who has been doing what they love to do not only because of money. Crypto is hard to be traced he could've gone to several mixing services and slowly spend them over time, but he didn't.

I do agree that there was a proving point for sure, there is no doubt about that, if he was a truly a bad person all he had to do was do nothing, yeah sure maybe he can't spend the money but at least he could have simply hold it there and he would still be a bad person with a lot of money, he could have even spent it as in send it to some people in exchange of some services, or hell he could have done p2p in some places as well, would have taken a lot of time but if he could find people who are unaware of the situation he could have done that, or he could have used ATM machines that had these coins as well, not common but maybe there are some.

Long story short this is something that could have been done, I know it is not common but this guy turned out to be a good person for sure.

I think this hacker considered the possibility that all Crypto currencies will eventually be traced back to the owner (hacker) ..even after it was pushed through Mixer services. It only takes one Mixer service to expose hackers or to release their logs (yes some say they do not keep logs, but they do) for the tables to be turned on them.

I even believe that some of these Mixer services are honey traps for 3letter agencies. (They collect the data and they never reveal how they got to their information.... they just make up a story to say it was something else that pointed them to the hacker or criminal) 

Well, although it is unlikely that such people exist, there are, but if he said that money is not his priority, it is because he wants to show that he is the best, although many projects should start hiring him because what that person knows about security is a lot , it knows how to break some codeps and this is something to take advantage of.

He must also be passionate about what he does, there are people who like what they do so much that he did not give him any regrets to return that money, besides that he speaks well of the type of person that he is.

That's like gamers, some only dedicate themselves to games just because they like it and money is important to them, but as long as they cover their gaming needs, they are happy, that kind of people if there are any.

In my deepest heart when I saw the subject I thought within myself it can only be God who makes such hackers return that amount of money. Whatsoever the case might be I know it was to prove and make a point.

Isn't the hacker a white hat meaning that they care more about finding vulnerabilities in a given system than the money itself. I don't have any way to confirm his a white hat though but I feel like only a white hat hacker will have that kind of thinking.

There are 3 scenarios --

1st is that - hacker finds out that he had already near to be caught and nowhere to hide so the only option is to return the funds and go on in life .

2nd is that - hacker had an agreement from the authority that all he need to do is return the funds and the case will be forgotten .

3rd is that - the hacker does not really tend to do harm , maybe there is a little curiosity hehind Him.

But he always has a choice to just let it float in the wallet instead, he made an effort to give it back. That's the twist.
If you are a hacker and you are cornered you will just let it go and move on. Maybe come back years after and try if you can salvage something.
IMO, he really wants to prove something. Who knows if he is really part of their team before as white hat hackers but was kicked out and now he tried to look for the flaw and attack it as means of revenge or just so they could realize that he is a loss to their team.

Many say because he prefers the rewards on offer over keeping $600M, he prefers a safer way of enjoying the fruits of his work, not the easy task of converting $600M into fiat without revealing his identity, mostly have to use CEX which also requires KYC, imagine if he choose the most basic one with a very small limit it takes a long time for him to be able to exchange all $600M into fiat and that long time gives the police a chance to track him and finally catches him.

The simple thought is where it will be the place to help hackers consume this money, maybe for many people it is very big and meaningful, personally I also find it too big. But organizations and white hat groups are never going to let someone last long, and I think it's a natural and wise move to give the money back. And of course we see that the attacker is not quietly condemned, but instead I find it commended for discovering serious vulnerabilities.

Maybe he returned it because he cannot withdraw it anyways, his address were flagged already in all exchanges that's why he doesn't have the choice but to return it.   He said he just did it to test the security protocol but I would say he just bluffing and just run out of place because for sure he will be caught eventually.

Most people's idea about a hacker is the movie type hacker. Glasses, hoodie, looking like a regular guy, sometimes even going as far as to wear some insignia that allows them to be recognized by regular people, but the thing is this doesn't happen in real life (wow really never thought of that lol). There are three types of hackers out there, white-hats, black-hats, and gray hat hackers. White-hat hackers are the good guys basically, they are the types of hackers that will breach systems and networks to find weak links and report them to the developers to reinforce the security within that site. The black-hats are the ones who do criminal activities, stealing identities and money online, extortion, you know the likes, and then there's the gray-hats, these types of hackers will either do illegal stuff for fun and then reestablish or return stolen goods just for the sake of it. I would assume this guy who stole $600M worth of crypto could be classified as a gray-hat. He's basically a good guy who tried to play with people's feelings and money in the process. Sure he returned the money under his own will, and we'll never know what made him return the money besides the fact that he felt like returning it. But the fact remains that he stole the money first for something, what that reason may be we do not know, but that alone puts him in my book as one of the best if not the best gray-hat hackers out there.

Well, the thief or the act of stealing can not be called good no matter what, else it would be like calling evil good or good evil. The most important thing is that the money is returned to their owners which is a good thing. By the way, this is probably the second time in Crypto space I've read about someone returning huge amount of money obtained in similar manner

- The first reason may not be established when the hacker attack event is most likely to affect the user's demand, you may think that there is a large volume of tokens of unknown source and unknown where lurking in the market, once it's sold off, users will live on their own interests and not think for the project. The second reason is more reasonable for this situation, hackers love to confront advanced layers of security and networks, successful stealing has been their biggest reward, money can't be spent so easily, the network is not a place where talent is lacking

Nothing can "make" them return the money. This guy may have done it, but he wasn't "made" to give it back, he gave it back because he wants to. I mean if I have 600 million dollars in my account, no matter how dangerous it is to cash that out, I would figure out a way, hell I would deal with mafia or other illegal people and find a way to still do that, as long as I can keep that money as it is, that alone itself is a big deal, if I am a bad hacker who wants to keep the money, I can find any way possible.

However at the end of the day this was a good person who gave it back, even if you catch a bad one, they will go to jail knowing that they have 600 million dollars, I would go to jail for the rest of my life if it means I will have 600 million dollars, at least my family would live a great life somewhere they can't be found. This is why nobody can be forced to give it back, only good people would do that.

He knew he will have to be in hidden for the rest of his life and also there might be trackable foot print behind the hack too, it's better to get paid in money that you can actually spend openly than been paid with dirty money that you can only spend in hidden

That's nonsense you don't steal something that you are not interested in, if they want to show their hacking skills, they should have applied to expose vulnerabilities, companies will be happy to reward them if they can find exploits and help them to patch it, they surrender the money because they do not have an escape plan, they thought they can pull it and not get traced.








 

Perhaps he cares more about his identity (that is, if the identity is compromise) although it seems odd to me that a hacker was not able to hide his identity before carrying out a hack operation! I thought hackers are smart and they do this for the love of the money, anyways this just my assumptions.