3 ms·

doesn't work if the fiat converted to is in another jurisdiction

by mwvr 5y ago

adventured 5y ago
There are few jurisdictions where the US Government can't easily get at you, either physically or financially. China, Venezuela, North Korea, Russia the list is super thin and almost exclusively places you either don't want to be or where you better be a protected local (otherwise they'll just hang you out to dry for their own benefit or amusement). Most authorities around the world will want to nail you - and or your money - in cooperation with the US authorities (or otherwise for their own benefit). Once they know the US wants you, you become a toy to be used to some end, you're toast, your life is over.
- sudosysgen 5y ago
  Don't forget Iran and Vietnam. You don't need to live there for very long. Just for long enough to cash out into fiat, launder the money, etc...
  - bluGill 5y ago
    Maybe. This isn't a political target though, this is criminals wanting money. At most the governments gets a bit of tax money: it just isn't worth it even before you consider that the gangs who can pull this off may turn against the governments. Governments may want the types of people on staff who can pull off these attacks, but they are careful on who gets targeted, and money isn't the goal. Vietnam doesn't like the US for historical reasons, but overall they want to play on the world stage. Also US relations have been thawing over the years. I'm inclined to think they see it as to their advantage to help out. Similar with China - they want the ability to get at the US, but they are more likely to reserve it for something that matters to them. Money doesn't really matter as much as they get plenty sending the US cheap plastic toys. Though if China declares war next week this could be their first attack (highly unlikely, it is possible though)
    - sudosysgen 5y ago
      Governments are faillible. Corruption and organized crime exists. Vietnam has a complicated relationship with the US. Don't trust western media too much on it, there is quite a bit of propaganda and extrapolation from conflict with China that doesn't carry over. Relations with the US appear to thaw but this is mainly limited to trade. Strategically Vietnam is solidly allied with Russia and otherwise independent. There is no scenario in which Vietnam extradites to America or allows American intelligence to operate on their soil. The same is with China. There is zero political cost, they will simply ignore the hackers until they leave the country. US intelligence is quite weak in terms of real assets in China, so uncertainty would be very high.

doesn't work if the fiat converted to is in another jurisdiction

by mwvr 5y ago

doesn't work if the fiat converted to is in another jurisdiction

There are few jurisdictions where the US Government can't easily get at you, either physically or financially. China, Venezuela, North Korea, Russia the list is super thin and almost exclusively places you either don't want to be or where you better be a protected local (otherwise they'll just hang you out to dry for their own benefit or amusement). Most authorities around the world will want to nail you - and or your money - in cooperation with the US authorities (or otherwise for their own benefit). Once they know the US wants you, you become a toy to be used to some end, you're toast, your life is over.

sudosysgen 5y ago
Don't forget Iran and Vietnam. You don't need to live there for very long. Just for long enough to cash out into fiat, launder the money, etc...
- bluGill 5y ago
  Maybe. This isn't a political target though, this is criminals wanting money. At most the governments gets a bit of tax money: it just isn't worth it even before you consider that the gangs who can pull this off may turn against the governments. Governments may want the types of people on staff who can pull off these attacks, but they are careful on who gets targeted, and money isn't the goal. Vietnam doesn't like the US for historical reasons, but overall they want to play on the world stage. Also US relations have been thawing over the years. I'm inclined to think they see it as to their advantage to help out. Similar with China - they want the ability to get at the US, but they are more likely to reserve it for something that matters to them. Money doesn't really matter as much as they get plenty sending the US cheap plastic toys. Though if China declares war next week this could be their first attack (highly unlikely, it is possible though)
  - sudosysgen 5y ago
    Governments are faillible. Corruption and organized crime exists. Vietnam has a complicated relationship with the US. Don't trust western media too much on it, there is quite a bit of propaganda and extrapolation from conflict with China that doesn't carry over. Relations with the US appear to thaw but this is mainly limited to trade. Strategically Vietnam is solidly allied with Russia and otherwise independent. There is no scenario in which Vietnam extradites to America or allows American intelligence to operate on their soil. The same is with China. There is zero political cost, they will simply ignore the hackers until they leave the country. US intelligence is quite weak in terms of real assets in China, so uncertainty would be very high.