User Controls

ZeroHedge : Quotation Marks Galore - Lots of """ needed to report on recent Colonial "hacks".

  1. #1
    Here We Go Again: JBS "Paid" "Russian" "Hackers" $11 Million In Bitcoin To Resolve "Ransomware" Attack

    https://www.zerohedge.com/markets/here-we-go-again-jbs-paid-russian-hackers-11-million-bitcoin-resolve-ransomware-attack

    report wouldnt be possible without quotation marks.
  2. #2
    aldra JIDF Controlled Opposition
    it is highly suspicious that any legitimate 'hacker' would demand ransom in bitcoin
  3. #3
    Originally posted by aldra it is highly suspicious that any legitimate 'hacker' would demand ransom in bitcoin

    maybe "russian" "hackers" would because bitcoin is more americanish.

    the thing is no one knows how the fbi "recovered" these bitcoins.
  4. #4
    aldra JIDF Controlled Opposition
    Originally posted by vindicktive vinny maybe "russian" "hackers" would because bitcoin is more americanish.

    the thing is no one knows how the fbi "recovered" these bitcoins.

    in the pipeline 'hack', the hackers demanded payment in bitcoin then supposedly transferred the entire 4 million to coinbase and attempted to cash out, coinbase halted the transaction and alerted the FBI.
  5. #5
    Ghost Black Hole
    don't they have anti virus for this shit
  6. #6
    Ghost Black Hole
    http://adam.curry.com/enc/1623330819.404_stablecointechandpharmathreats.pdf
  7. #7
    Originally posted by aldra in the pipeline 'hack', the hackers demanded payment in bitcoin then supposedly transferred the entire 4 million to coinbase and attempted to cash out, coinbase halted the transaction and alerted the FBI.

    if this were true i wonder how long it'll take before people, the crypto masses become disillutioned with its "decentralized" nature.
  8. #8
    aldra JIDF Controlled Opposition
    Originally posted by vindicktive vinny if this were true i wonder how long it'll take before people, the crypto masses become disillutioned with its "decentralized" nature.

    the only two things that make sense are:

    1. the entire thing was orchestrated by the FBI - the hack, the ransom and the 'recovery'
    2. the 'hackers' were super retarded and had no idea what they were doing; bought ransomware code and got lucky due to horrible security practices inside the gas company.

    I don't think it's plausible that someone would be capable enough to pull off an attack like this but dumb enough to request the ransom be paid in Bitcoin, to NOT split or mix the funds in any way, and to move the entire $4 million ransom to an exchange that's known to co-operate with the authorities. that last part is really the crux of it - it's not about Bitcoin being insecure, it's about these guys taking no precautions whatsoever. it'd be like demanding a ransom of $4 million dollars in cash, then opening a domestic bank account the next day and trying to dump the exact amount into it.

    Bitcoin is decentralised and anonymous, but the blockchain clearly shows where funds are moved to and from. when you move the entire sum around it's extremely easy for authorities (or anyone else) to track the transfer - the very least you'd do to cover your tracks is split it up and send small amounts to multiple different wallets.

    it'd make a hell of a lot more sense to demand the ransom in Monero or one of the other security-oriented coins because in that case the blockchain ledger is at least partially obfuscated, making it much more difficult to track where funds are moved to.
  9. #9
    Originally posted by aldra the only two things that make sense are:

    1. the entire thing was orchestrated by the FBI - the hack, the ransom and the 'recovery'

    to achieve what exactly ? cutting fuel supply to several states ? vilifying bitcoins for politicians ?

    2. the 'hackers' were super retarded and had no idea what they were doing; bought ransomware code and got lucky due to horrible security practices inside the gas company.

    I don't think it's plausible that someone would be capable enough to pull off an attack like this but dumb enough to request the ransom be paid in Bitcoin, to NOT split or mix the funds in any way, and to move the entire $4 million ransom to an exchange that's known to co-operate with the authorities. that last part is really the crux of it - it's not about Bitcoin being insecure, it's about these guys taking no precautions whatsoever. it'd be like demanding a ransom of $4 million dollars in cash, then opening a domestic bank account the next day and trying to dump the exact amount into it.

    Bitcoin is decentralised and anonymous, but the blockchain clearly shows where funds are moved to and from. when you move the entire sum around it's extremely easy for authorities (or anyone else) to track the transfer - the very least you'd do to cover your tracks is split it up and send small amounts to multiple different wallets.

    it'd make a hell of a lot more sense to demand the ransom in Monero or one of the other security-oriented coins because in that case the blockchain ledger is at least partially obfuscated, making it much more difficult to track where funds are moved to.

    are there really such thing as completely anonymous transactions ?
  10. #10
    Donald Trump African Astronaut
    Originally posted by aldra the only two things that make sense are:

    1. the entire thing was orchestrated by the FBI - the hack, the ransom and the 'recovery'
    2. the 'hackers' were super retarded and had no idea what they were doing; bought ransomware code and got lucky due to horrible security practices inside the gas company.

    I don't think it's plausible that someone would be capable enough to pull off an attack like this but dumb enough to request the ransom be paid in Bitcoin, to NOT split or mix the funds in any way, and to move the entire $4 million ransom to an exchange that's known to co-operate with the authorities. that last part is really the crux of it - it's not about Bitcoin being insecure, it's about these guys taking no precautions whatsoever. it'd be like demanding a ransom of $4 million dollars in cash, then opening a domestic bank account the next day and trying to dump the exact amount into it.

    Bitcoin is decentralised and anonymous, but the blockchain clearly shows where funds are moved to and from. when you move the entire sum around it's extremely easy for authorities (or anyone else) to track the transfer - the very least you'd do to cover your tracks is split it up and send small amounts to multiple different wallets.

    it'd make a hell of a lot more sense to demand the ransom in Monero or one of the other security-oriented coins because in that case the blockchain ledger is at least partially obfuscated, making it much more difficult to track where funds are moved to.

    Montero is the only crypto with any long term potential.
Jump to Top