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Every time that I read a story like this I am always wondering: how come the people doing exit scams (suppose it is one) aren't more afraid of the repercussions

Every time that I read a story like this I am always wondering: how come the people doing exit scams (suppose it is one) aren't more afraid of the repercussions. Given Bitcoins track record, it wouldn't surprise me if some of the funds would belong to quite questionable characters, so you are basically stealing money from organized crime groups. It is obvious that you can buy some protection with $3.6B, however your face and name is publicly known, meaning that you will be on the run for the rest of your life or possibly face a very gruesome death. Is that really worth it?

rightbyte 5y ago
Ye it is hard to grasp. I mean if they can get a 1% fee it is still 36 million USD and they would not have to hide from mobsters.
moneywoes 5y ago
Not to mention South Africa as well
miohtama 5y ago
You are correct and gruesome deaths happen, like with OneCoin. The ponzi queen, however, is gone and “no one” know if she is dead or managed to disappear alive. https://www.coindesk.com/promoters-of-crypto-ponzi-scheme-onecoin-murdered-in-mexico https://www.coindesk.com/promoters-of-crypto-ponzi-scheme-on...
- SunshineReggae 5y ago
  Yes, I was asking myself the same question back then, considering the news articles about the connections to the eastern european mob.
vmception 5y ago
The simple answer is that they can affect the change that they are interested in, with that money now. Instead of imagining for their whole lives. Basically, life isnt worth living poor, or the current state of the world isnt worth being unable to change. Death is more favorable than skimming table scraps. Although the luxury consumptive spending is a tiny portion of what is possible, and nobody can take those experiences away from you, the funds contributed to charities, political campaigns, and investments allow shaping the world as you see fit now. So thats the explanation, without justifying it. Despite recent attempts of making society seem more fair, this has always been the history of the world. Seize and lock in a millennium of control and favor for your family.
- weare138 5y ago
  I think we could reduce the issue down to basic human greed and arrogance. Just as many financial crimes are committed by people who didn't really need the money to begin with or just continued their illegal activities even though they made more than enough to quit.
dorgo 5y ago
In my town people get killed for 50€ in their portemonnaie. Your are talking about 3.6B.
majani 5y ago
That's overblown. Going into hiding is easy with a pile of money by your side. Just cross into a country with a different language, change your appearance by changing your body fat % or growing hair, then buy yourself some new ID documents. That's literally 1 or 2 years of work and you are now successfully hiding in plain sight. Most people would take that trade off
- SunshineReggae 5y ago
  Well, even if you managed to disappear yourself - what about your family / friends? Don't you think that these people would go after them to get to you? Generally I would assume that you might pull it of if: - you leave your home country and never come back - you cut all connections with friends / family - you spend a decent chunk of the proceeds on personal protection - you never talk about your previous life - you drastically change your appearance - you never travel and keep a very low profile (e.g. no Ferraris, no mansions, no superyachts) But these are a lot of IFs and you might still slip. You should also consider that some people will never forgive. Here [1] just a random news article about someone getting killed because of a dispute that happened 20 years before. https://www.cbc.ca/news/canada/hamilton/revenge-doesn-t-have-a-statute-of-limitations-mafia-expert-on-musitano-killing-1.4098896 https://www.cbc.ca/news/canada/hamilton/revenge-doesn-t-have...

rightbyte 5y ago

Ye it is hard to grasp. I mean if they can get a 1% fee it is still 36 million USD and they would not have to hide from mobsters.

moneywoes 5y ago

Not to mention South Africa as well

miohtama 5y ago

You are correct and gruesome deaths happen, like with OneCoin. The ponzi queen, however, is gone and “no one” know if she is dead or managed to disappear alive. https://www.coindesk.com/promoters-of-crypto-ponzi-scheme-onecoin-murdered-in-mexico https://www.coindesk.com/promoters-of-crypto-ponzi-scheme-on...

SunshineReggae 5y ago
Yes, I was asking myself the same question back then, considering the news articles about the connections to the eastern european mob.

vmception 5y ago

The simple answer is that they can affect the change that they are interested in, with that money now. Instead of imagining for their whole lives. Basically, life isnt worth living poor, or the current state of the world isnt worth being unable to change. Death is more favorable than skimming table scraps. Although the luxury consumptive spending is a tiny portion of what is possible, and nobody can take those experiences away from you, the funds contributed to charities, political campaigns, and investments allow shaping the world as you see fit now. So thats the explanation, without justifying it. Despite recent attempts of making society seem more fair, this has always been the history of the world. Seize and lock in a millennium of control and favor for your family.

weare138 5y ago
I think we could reduce the issue down to basic human greed and arrogance. Just as many financial crimes are committed by people who didn't really need the money to begin with or just continued their illegal activities even though they made more than enough to quit.

dorgo 5y ago

In my town people get killed for 50€ in their portemonnaie. Your are talking about 3.6B.

majani 5y ago

That's overblown. Going into hiding is easy with a pile of money by your side. Just cross into a country with a different language, change your appearance by changing your body fat % or growing hair, then buy yourself some new ID documents. That's literally 1 or 2 years of work and you are now successfully hiding in plain sight. Most people would take that trade off

SunshineReggae 5y ago
Well, even if you managed to disappear yourself - what about your family / friends? Don't you think that these people would go after them to get to you? Generally I would assume that you might pull it of if: - you leave your home country and never come back - you cut all connections with friends / family - you spend a decent chunk of the proceeds on personal protection - you never talk about your previous life - you drastically change your appearance - you never travel and keep a very low profile (e.g. no Ferraris, no mansions, no superyachts) But these are a lot of IFs and you might still slip. You should also consider that some people will never forgive. Here [1] just a random news article about someone getting killed because of a dispute that happened 20 years before. https://www.cbc.ca/news/canada/hamilton/revenge-doesn-t-have-a-statute-of-limitations-mafia-expert-on-musitano-killing-1.4098896 https://www.cbc.ca/news/canada/hamilton/revenge-doesn-t-have...