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Here's what I would do if I stole 750k Bitcoins. 1. Split the wallet up into as many wallets as possible. Preferably by transferring them through a couple hund
by oskarth 13y ago
Here's what I would do if I stole 750k Bitcoins.
1. Split the wallet up into as many wallets as possible. Preferably by transferring them through a couple hundred compromised (but not emptied) accounts.
2. Sell each individual wallet of say, 100-1000 BTC, on the black market. Make sure the transaction happens outside the transaction chain (i.e. either in real life or using other wallets with some kind of alternative trust system).
3. Be prepared to lose 5-20% of the value, in exchange for turning the money "white".
If the money was stolen and the people who took it aren't stupid, I don't see how someone is ever going to find it.
- bdevine 13y agoOf course, the more wallets you create and sell, the higher the probability that at least one of their buyers is stupid.