paraipan's coins on the move

[John (John K.)]

Interesting. Is his next of kin privy to his bitcoin holdings/the fact that he was holding coins for the forums? Were they unable to retrieve/claimed to not able to retrieve his coins?

[1714680792]

1714680792

[1714680792]

1714680792

[dogie]

Interesting. Is his next of kin privy to his bitcoin holdings/the fact that he was holding coins for the forums? Were they unable to retrieve/claimed to not able to retrieve his coins?

I sent translated letters / instructions to them twice but never received any contact from them. The distribution of funds seems to widespread for it to be a family member because its unlikely they had any idea about Bitcoin. He was off in Spain after studying so they wouldn't have been exposed to his business activities.

[hilariousandco]

Anyways, it is pretty much a no-brainer to setup multi-sig these days.

I've recently talked with theymos about this. A good multisig implementation would most likely prevent a lot of similar scenarios.

One of the other problems with Paraipan was he was anonymous and only known to the forum under his pseudonym. Took me quite a while to 100% confirm his identity, jobs, companies, multi country locations, next of kin etc etc.

This makes it even more likely that he could just easily fake his own death. Not exactly hard to do when you're anon and over £100k is no small sum to just disappear from an anon account on a message board. The fact that the bitcoins have moved leads me to believe he's more likely alive than not unless you have some pretty concrete evidence that he died (a couple of people on here claiming to know him isn't sufficient though (do we even know if they're not alts or are they also anonymous too?)). I guess his friends or family could have found the wallet and finally cracked the password if they were aware of them but are you sure you 100% confirmed his identity or his next of kin? I know if my next of kin got a random weird email or message on social media asking about bitcoins they'd either have no idea what you were talking about or just ignore it. They'd also probably ask me if I knew anything about it first before responding and if I was alive and holding 250 bitcoins I'd probably just tell them to ignore or deny it.

[Quickseller]

It is also possible that his family sold off his computer/device that he was storing the forums BTC on, and whoever purchased it was only recently able to crack the password/encryption used to secure the BTC. This would complicate attempting to recover the BTC in an already complex case with a contract that I am unsure will hold up in court.

[redsn0w]

Anyways, it is pretty much a no-brainer to setup multi-sig these days.

I've recently talked with theymos about this. A good multisig implementation would most likely prevent a lot of similar scenarios.

One of the other problems with Paraipan was he was anonymous and only known to the forum under his pseudonym. Took me quite a while to 100% confirm his identity, jobs, companies, multi country locations, next of kin etc etc.

His identity (name-surname) was well know or am I wrong?

@Otoh great, i send it to you as requested so posting it here doesn't matter, it's already in the OP.
Do you mind removing my email from your post ?

sure np

[dogie]

I guess his friends or family could have found the wallet and finally cracked the password

It is also possible that his family sold off his computer/device that he was storing the forums BTC on, and whoever purchased it was only recently able to crack the password/encryption used to secure the BTC.

But then why send $2,500 to his old dead wallet?

Are you sure you 100% confirmed his identity or his next of kin?

I traced him back to his family home which hadn't been sold in decades. Whoever is living there now is either the family or the tenant of the family.

I know if my next of kin got a random weird email or message on social media asking about bitcoins they'd either have no idea what you were talking about or just ignore it. They'd also probably ask me if I knew anything about it first before responding and if I was alive and holding 250 bitcoins I'd probably just tell them to ignore or deny it.

I had several letters professional translated asking to make contact to provide information, not to immediately reclaim the bitcoins. There also seems little reason to ignore it because I stated that his estate is owed some money (which it is).

His identity (name-surname) was well know or am I wrong?

Well, I guess so then. A related issue is that the name format in Spain (which that business reg. document is from) is different to Romania. Those documents could have been forged though and would only need complicity with his business partner (who strangely also refused to make contact after several attempts).

[hilariousandco]

I guess his friends or family could have found the wallet and finally cracked the password

It is also possible that his family sold off his computer/device that he was storing the forums BTC on, and whoever purchased it was only recently able to crack the password/encryption used to secure the BTC.

But then why send $2,500 to his old dead wallet?

Where did he send $2,500? It just seems to be one transaction of the full amount. Did that 250btc end up in any addresses previously associated with him?

I know if my next of kin got a random weird email or message on social media asking about bitcoins they'd either have no idea what you were talking about or just ignore it. They'd also probably ask me if I knew anything about it first before responding and if I was alive and holding 250 bitcoins I'd probably just tell them to ignore or deny it.

I had several letters professional translated asking to make contact to provide information, not to immediately reclaim the bitcoins. There also seems little reason to ignore it because I stated that his estate is owed some money (which it is).

That would possibly be even more alarming. People tend to ignore any letters claiming that they're owed long lost money. 99% likely scams and most people would just disregard it.

[dogie]

I guess his friends or family could have found the wallet and finally cracked the password

It is also possible that his family sold off his computer/device that he was storing the forums BTC on, and whoever purchased it was only recently able to crack the password/encryption used to secure the BTC.

But then why send $2,500 to his old dead wallet?

Where did he send $2,500? It just seems to be one transaction of the full amount. Did that 250btc end up in any addresses previously associated with him?

See my post with wallet info. 5btc from the 250 was sent back to an otherwise empty wallet owned by Paraipan or his business partner.

I know if my next of kin got a random weird email or message on social media asking about bitcoins they'd either have no idea what you were talking about or just ignore it. They'd also probably ask me if I knew anything about it first before responding and if I was alive and holding 250 bitcoins I'd probably just tell them to ignore or deny it.

I had several letters professional translated asking to make contact to provide information, not to immediately reclaim the bitcoins. There also seems little reason to ignore it because I stated that his estate is owed some money (which it is).

That would possibly be even more alarming. People tend to ignore any letters claiming that they're owed long lost money. 99% likely scams and most people would just disregard it.

I'm trying to summarise several pages of information with proof of their son's involvement in one line.

[hilariousandco]

I guess his friends or family could have found the wallet and finally cracked the password

It is also possible that his family sold off his computer/device that he was storing the forums BTC on, and whoever purchased it was only recently able to crack the password/encryption used to secure the BTC.

But then why send $2,500 to his old dead wallet?

Where did he send $2,500? It just seems to be one transaction of the full amount. Did that 250btc end up in any addresses previously associated with him?

See my post with wallet info. 5btc from the 250 was sent back to an otherwise empty wallet owned by Paraipan or his business partner.

I think that says everything then. Either he's not dead or his business partner has somehow managed to gain access to the coins.

[otrkid70]

For a $140K even good people do bad things i'm sure he is alive spending those coins. I'm not sure why anyone would trust an anonymous person to hold such value.

[Daisy14]

He could have divulged the information to a family member of his, who took his death as an opportunity to help himself with the coins.

If Pairapan had run away with the coins, they would have been transferred earlier.

[Quickseller]

I guess his friends or family could have found the wallet and finally cracked the password

It is also possible that his family sold off his computer/device that he was storing the forums BTC on, and whoever purchased it was only recently able to crack the password/encryption used to secure the BTC.

But then why send $2,500 to his old dead wallet?

It is possible that whoever purchased the old equipment is does not fully understand how Bitcoin magical internet money works, including how to "create" a new Bitcoin address, so after they put in a lot of effort into decrypting the wallet securing the forum's money, they moved the bitcoin to a wallet that was never encrypted (this would also somewhat assume they do not understand how encryption works). Or maybe whoever purchased the equipment also purchased a pice of paper that happened to be an encrypted paper wallet that was kept with the equipment, or maybe whoever purchased the equipment, found an encrypted paper wallet that they were finally able to crack and needed to move to another wallet that was already on the equipment they purchased.

I think there are a lot of possibilities as to why someone who purchased a computer from the estate would transfer the bitcoin to one of paraipan's existing wallets.

[Cøbra]

What was the actual cause of his death?

[redsn0w]

What was the actual cause of his death?

I believe he had leukemia. No proof, tho.

Edit: he announced it here (in spanish).

[defcon23]

Anyways, it is pretty much a no-brainer to setup multi-sig these days.

I've recently talked with theymos about this. A good multisig implementation would most likely prevent a lot of similar scenarios.

One of the other problems with Paraipan was he was anonymous and only known to the forum under his pseudonym. Took me quite a while to 100% confirm his identity, jobs, companies, multi country locations, next of kin etc etc.

This makes it even more likely that he could just easily fake his own death. Not exactly hard to do when you're anon and over £100k is no small sum to just disappear from an anon account on a message board. The fact that the bitcoins have moved leads me to believe he's more likely alive than not unless you have some pretty concrete evidence that he died (a couple of people on here claiming to know him isn't sufficient though (do we even know if they're not alts or are they also anonymous too?)). I guess his friends or family could have found the wallet and finally cracked the password if they were aware of them but are you sure you 100% confirmed his identity or his next of kin? I know if my next of kin got a random weird email or message on social media asking about bitcoins they'd either have no idea what you were talking about or just ignore it. They'd also probably ask me if I knew anything about it first before responding and if I was alive and holding 250 bitcoins I'd probably just tell them to ignore or deny it.

yeah.. true . and nothing is more easy than making a fake death certificate ...  if this is all the proof we got to attest his "death", this is a bit "light"... at my point of view..

[hilariousandco]

yeah.. true . and nothing is more easy than making a fake death certificate ...  if this is all the proof we got to attest his "death", this is a bit "light"... at my point of view..

We dont even have that as far as I'm aware. Just him mentioning he was ill. Who was it that announced his death?

[defcon23]

yeah.. true . and nothing is more easy than making a fake death certificate ...  if this is all the proof we got to attest his "death", this is a bit "light"... at my point of view..

We dont even have that as far as I'm aware. Just him mentioning he was ill. Who was it that announced his death?

even if my english is sometime a bit broken ( i have to admited it )  i think having read corectly the OP ... no ?

paraipan was holding 250 BTC for the forum when he sadly died. Now it looks like someone found his wallet, since these coins are on the move. If anyone is able to trace these coins and recover any of them for the forum, you can keep 25% of the recovered amount.

[hilariousandco]

Not sure what you mean. I think theymos is only going on what someone told him. As far as I'm aware there is no other proof other than that and the fact he hasn't logged in though he did still log in a few days after his supposed death from what I recall.

[redsn0w]

...
I'm trying to summarise several pages of information with proof of their son's involvement in one line.

News dogie ?

[dogie]

...
I'm trying to summarise several pages of information with proof of their son's involvement in one line.

News dogie ?

? Nothing, neither the family nor his business partner replied to any of my attempts and regardless about knowing nearly everything about him, without being able to get copies of the death certificate there isn't much I can do.