3 ms·
I can't find it for the life of me, but I remembered reading that recovery of stolen crypto was both faster and more successful. I'll retract that claim for now
by smt88 5y ago
I can't find it for the life of me, but I remembered reading that recovery of stolen crypto was both faster and more successful. I'll retract that claim for now.
In the meantime, this article explains how and why that would be the case:
https://www.nytimes.com/2021/06/09/technology/bitcoin-untraceable-pipeline-ransomware.html https://www.nytimes.com/2021/06/09/technology/bitcoin-untrac...
Basically the openness of the ledger allows law enforcement to skip some slow and difficult tracing and requesting of warrants.
On top of that, cybercriminals seem to make exploitable mistakes that have enabled stealing their private keys.