3 ms·
>How would that weigh up against the possibility of recovering the funds? Maybe you're asking a rhetorical question, but historical precedent suggests the chan
by FatalLogic 11y ago
>How would that weigh up against the possibility of recovering the funds?
Maybe you're asking a rhetorical question, but historical precedent suggests the chance of recovering the funds in this sort of crime is really small. There have been tens of relatively big cryptocurrency heists like this, and but only in perhaps three or four cases that I know were funds recovered from the thief
But, to again imagine the Cryptsy site owner's viewpoint, statistics and probability are no match for pure human desperation, so, if we believe the 'hack' story, then a desperate plan based on the ill-advised belief that the funds could be recovered from the thief is not totally unbelievable. Though it sounds even more unlikely because the owner only announced a public bounty yesterday, not 18 months ago when the money was stolen.
- jacquesm 11y agoA 35% chance to recover your customers funds would seem to me to be a chance worth taking, but maybe you're right and that was what drove this decision. Seems terribly incompetent and I'd say they deserve to be personally liable for the loss if that's how it went down.
- Coinhead 11y agoAfter months of no activity on those wallets, someone put some dust in them yesterday. What can that mean? If they found silk road coins, they can find cryptsy coins maybe, right?