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It's not just about receiving the ransom, but how easy it can be to access the original funds. The story of, say, someone successfully kidnapping Bezos in a li
by hibikir 2y ago
It's not just about receiving the ransom, but how easy it can be to access the original funds.
The story of, say, someone successfully kidnapping Bezos in a lightning operation and trying to take a good bite of his wealth is quite different than the same if you kidnapped Satoshi while he has access to his keys. It's not even in the tracing, but how much you can take away successfully, and how fast.
- miohtama 2y agoIt's about ransom, not about keys. Fortune 500 company CEOs and such have a special insurance for the cases like this. There is an old movie Proof of Life about the topic.
- cbsmith 2y agoIt'd be trivial for Bezos to take out a loan for a ransom to buy crypto in a new account, and then transfer it to another crypto account.
- shkkmo 2y agoWhile being held captive and done in a way that doesn't give away the location of the kidnappers? The larger the loan Bezos takes, the harder that will be. The extremely wealthy like Bezos have contingency plans and systems for this situation.
- echoangle 2y ago> While being held captive and done in a way that doesn't give away the location of the kidnappers? I’m assuming it wouldn’t be Bezos himself doing it. You would contact his employees and tell them to get you the crypto if they want him back.
- shkkmo 2y agoWhich assumes those staff doesn't have instructions on how to handle such a situation.
- cbsmith 2y ago> The extremely wealthy like Bezos have contingency plans and systems for this situation. Yes. That's the point, the ideal target is one that doesn't have contingency plans, not someone who has crypto.
- deleted 2y ago[deleted]