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Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B

(www.marketwatch.com)
191 points aorloff | 1 comments | 04 Jul 25 18:41 UTC | HN request time: 0.001s | source
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duttish ◴[04 Jul 25 19:26 UTC] No.44467188[source]▶
Whoever got these wallets better sell them and get a good security company on rotation quickly before anyone find out who they are. Seems like wrench attacks been been happening a lot more the last year.
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Marsymars ◴[04 Jul 25 19:47 UTC] No.44467326[source]▶
I don't really get these; there's not a ton of difference between using a wrench to threaten someone with a bunch of Bitcoin vs using a wrench to threaten someone with a bunch of any other liquid asset that could be used to buy bitcoins.
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jedberg ◴[04 Jul 25 19:57 UTC] No.44467391[source]▶
This is the other edge of that double edged sword of "no regulations". It's a lot easier to steal bitcoin with no consequence because there isn't an entire financial system backed by people with guns to help you if you are wronged.
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dist-epoch ◴[04 Jul 25 20:00 UTC] No.44467416[source]▶
You are confused. The people with guns will come for you if you steal bitcoin and they know who you are.

> Bitcoin thief sentenced to 5 years in prison for stealing $1 billion in crypto and laundering it with his social-media rapper wife ‘Razzlekhan’

https://fortune.com/crypto/2024/11/15/bitcoin-thief-sentence...

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1. ◴[04 Jul 25 20:43 UTC] No.44467744{3}[source]▶