The hacker will have a rough time converting these to USD without exposing himself. If they’re in Russia they probably don’t need to care, but there’s a reasonable chance they live in a country that the FBI can reach.
On the other hand, no one can do anything until the coins are moved or more information is uncovered. What a nightmare to lose $3.6m overnight.
couldn't he convert it to monero, perform a couple of wallet to wallet transfers (maybe even divide the amount along the way), and then sell from there?
Just use Defi - take a loan from a "smart" script with a collateral of tainted bittokens, then cash out loaned tokens, and never repay the loan. Isn't Finance 2.0 amazing? :)
Isn't it surprising that an early Bitcoin adopter has "only" 216 Bitcoin? Didn't he join at a time where you'd be mining full blocks solo?
(One of his later tweets claimed that "it's basically all gone" or something like that, implying this wasn't just a small fraction of his total coins.)
People forget bitcoin wasn't worth anything for a long time. You take care of an asset worth millions very differently than an asset worth pennies and too much of a pain to transact for cash anyway.
No, that's factually wrong. In 2011 you would need to mine with at least a GPU, and a single one would barely produce 100 bitcoins in a year if not less.
The destination address (https://www.blockchain.com/explorer/addresses/btc/1YAR6opJCf...) seems to have received ~216 BTC yesterday in the span of 4 minutes
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