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211.
by from 4y ago
The government has seized billions of dollars of crypto in other cases, net they probably more than break even when you account for the complexity it adds to investigations.
212.
by from 4y ago
They tried to force the ENABLERS Act in which would basically turn lawyers into informants but fortunately that was shut down. They'll have this debate every year until someone eventually sneaks it in.
213.
by from 4y ago
Are you 12 years old? What motivates someone to write a comment like this? Alt tab back to Discord and find some belonging in one of the 70 servers you're probably in instead of this website please.
214.
by from 4y ago
Yeah I've commented on this [before]( https://news.ycombinator.com/item?id=33040446 ). The other thing is that a lot of the people unbanned by these kinds of services really did deserve to be banned. Until people insid
215.
by from 4y ago
Also, here are some examples (I have not used these services specifically but I have had positive interactions with this site overall). For reference most of the scams occur in the currency exchange section because there is no escrow there
216.
by from 4y ago
Depending on how much is at stake here there is a site called swapd.co where a bunch of people advertise Instagram "unbanning services." Basically they bribe Facebook support employees to get your account back. Typically they ru
217.
by from 4y ago
https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locat... On a PPP adjusted basis Italy/Spain/Portugal are no richer than they were 20 years ago. They can no longer devalue their currency like they use
218.
by from 4y ago
There isn't always ID theft involved though, it's often just a small scale "bust out" where a person needs $300 and is willing to ruin their credit to get it.
219.
by from 4y ago
Does having Berezovsky, Chichvarkin, and Khodorkovsky in London hurt anyone? Or should we have let Russia extradite them back and take all their money?
220.
by from 4y ago
A brief survey of courtlistener.com shows they are not that high at least not compared to usual white collar stuff like PPP or Medicare fraud. The cases that aren't connected to banking fraud usually result in < 3 year sentences.
221.
by from 4y ago
It happens even when the case does not involve Alaska residents like the Mirai people were from New Jersey or the Kelihos botnet guy who was Russian. It's probably just they have a prosecutor who's more versed in computer stuff t
222.
by from 4y ago
Cloudflare responds to subpoenas and is probably very useful from an intelligence perspective. 99% of Cloudflare criticism boils down to media companies being mad that they have to ask Cloudflare for the origin IP address and then complain
223.
by from 4y ago
> The charges unsealed today stemmed from investigations launched by the FBI’s field offices in Los Angeles and Alaska, which spent months purchasing and testing attack services offered by the booter sites. Anyone know why so many cyberc
224.
by from 4y ago
Here's a better analogy: A group of fraudsters goes into dealerships with stolen identities and attempts to finance $0 down cars so they can export them to West Africa and make a fortune because they are not ever going to pay for the c
225.
by from 4y ago
> which were likely a tiny fraction of his proceeds The losses probably substantially exceed his proceeds because these unlocking services enable all kinds of other fraud. If he charges $50 to unlock a $1000 phone that someone got on cr
226.
by from 4y ago
A trial costs both sides a lot of time and money. In most cases the defendants really are guilty (they had so much evidence on this guy I'm not sure why he even chose to go trial), the government has a lot of evidence against them and
227.
by from 4y ago
I think in the long run if fraud rates were reduced substantially that competitive pressures among the telecoms (given that they all basically have the same coverage) would cause prices to go down. I offered the shareholders thing as anoth
228.
by from 4y ago
He also went to trial and lost. His codefendant plead guilty and has yet to be sentenced but I think he'll get ~5 years.
229.
by from 4y ago
> this implies that the price of a phone bill is connected to the price of operating the service. The price is set by what they think they can get, not how much it costs to run. I am not denying that telecoms is an oligopoly, I'm ju
230.
by from 4y ago
> And the culprit here hacked into T-Mobile's systems to get around their procedures. I also wouldn't be surprised if he was being paid precisely by a lot of people who signed up for contracts and expensive phones with a stolen
231.
by from 4y ago
He created economic value for a bunch of fences in Hong Kong and Dubai who buy and receive hundreds of millions of dollars of stolen phones that they can now get more money for because they are unlocked and the ultimate end user in China or
232.
by from 4y ago
Was Khudaverdyan "sticking it to the man" or enabling hundreds of millions of dollars of fraud and making the rest of society's phone bills higher?
233.
by from 4y ago
There seems to be some misunderstandings in this thread. Anyone who has paid off their device can already get it unlocked from all the major carriers for free. 99% of the unlocks of this guy and similar services perform are for phones obt
234.
by from 4y ago
FTX had KYC as does any exchange with bank accounts. But that doesn’t prevent people from paying nominees for register accounts for them either.
235.
by from 4y ago
Justice Department press releases are incredibly biased. His hedge fund failed (legal), he lied to his investors and said everything was fine (this is the fraud part), then he started a drug company called Retrophin (now NASDAQ: TVTX) whic
236.
by from 4y ago
Arthur Hayes of Bitmex got bail (after he agreed to extradition) and had substantial ties to Singapore. But then again he wasn’t looking at 40 years.
237.
by from 4y ago
What did Binance do wrong again? I don’t consider having faulty blockchain analysis software at a time (2018) when most blockchain analysis software wasn’t very good a crime. And the Iranians they supposedly aided all used VPNs and hid th
238.
by from 4y ago
> They're only targeting cash transactions so unusually large that it's hard to imagine a legitimate purpose for them. I am saying that millions of cash transactions of this size take place every year and that the majority of t
239.
by from 4y ago
The phone will be sold for pennies on the dollar to an immigrant owned repair store that doesn’t ask any questions and then will go to a local sketchy wholesaler and then will go to one of about 15 or so companies in Dubai, Hong Kong or She
240.
by from 4y ago
There is and it is called the GSMA blacklist but as you would expect none of the countries these phones end up in participate in that database.

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