Bitfinex Seeks Communication With Bitcoin Thief

[jacafbiz]

When I read the news, it seems like a comedy, for me it is harder for the hackers to return the stolen funds than to hack Bitfinex because he/she knows that eyes is on the fund and need to be extra careful not to get caught

[spartacusrex]

Since there are too many coins to mix he has 2 options.

1) Keep the 120,000, un-mixable, and currently utterly traceable coins. Then try somehow to get them out. Knowing that your every move is recorded and tracked.

2) Give them back 'most' and get to keep 'a lot' but totally legally.

If he got to keep $20 mil legal, and gave back $50 mil.. I'd do it.

[Roboabhishek]

On August 2nd the Hong Kong-based Bitcoin exchange Bitfinex was compromised for roughly $70 million worth of Bitcoin. According to sources, the attacker managed to drain the exchange through its multi-signature security — gaining 120,000 BTC from the breach. Now the exchange is trying to reach out to the responsible party in an attempt to get its customers’ Bitcoin returned.

https://news.bitcoin.com/bitfinex-seeks-bitcoin-thief/

I dont think the thief will return the btc back and how can bitfinex think to catch the thief when their own website was exploited.

[QuestionAuthority]

To communicate with the thief all they need to do is talk into a mirror. LOL

[Red-Apple]

Since there are too many coins to mix he has 2 options.

1) Keep the 120,000, un-mixable, and currently utterly traceable coins. Then try somehow to get them out. Knowing that your every move is recorded and tracked.

2) Give them back 'most' and get to keep 'a lot' but totally legally.

If he got to keep $20 mil legal, and gave back $50 mil.. I'd do it.

i doubt that your option 2 is a viable option at all, because they will surely press charges against him because he hacked their website and stole a lot of money.

what they usually do with stolen coins is that they leave them be for a long time and then start mixing little by little.

[cjmoles]

To communicate with the thief all they need to do is talk into a mirror. LOL

That's what it seems to me too.  It's happened too many times before to be just another security exploit.  It's always the same story..."Hey, invest here because our security is tight!"  Then, "Oops, sorry!  We've been hacked!"  And, always a plead to the hacker with a bounty offer that never works.  Big Vern did things the same way over at Cryptsy....It's a never ending charade fueled by a ceaseless herd of victims....

[Greenenergy]

I'm well surprised how they are. I though they would just close the shop, but no. They're impressing me !

[QuestionAuthority]

To communicate with the thief all they need to do is talk into a mirror. LOL

That's what it seems to me too.  It's happened too many times before to be just another security exploit.  It's always the same story..."Hey, invest here because our security is tight!"  Then, "Oops, sorry!  We've been hacked!"  And, always a plead to the hacker with a bounty offer that never works.  Big Vern did things the same way over at Cryptsy....It's a never ending charade fueled by a ceaseless herd of victims....

Yep, they're doing everything a thief would do to divert attention from themselves.  That's essentially why I stopped using bitcoin for anything other than a long-term hold investment. Bitcoin is just too attractive to thieving scumbags.

[Wendigo]

Most likely it was just another inside job masked as an unfortunate security breach. How surprising eh? 
And why would the hacker communicate with them? To get a prison sentence and a nice bunk bed with some sketchy inmate? They are probably off the grid already and all the money is laundered and funneled in offshore accounts overseas.

[Doamader]

Why would the attacker contact or refund bitcoin, the exchange has a problem, something that they didnt said they always claim the coins are safe, and now this had happened, as stated several times its an inside job, someone knew the problem and explored it, 120k bitcoins is by far a huge ammount to get instead wait years to reach those with fees. The coins if werent sold yet it will the attack were done fast and clean, already mixed the bitcoins between 50 or more adress.

[Wind_FURY]

Most likely it was just another inside job masked as an unfortunate security breach. How surprising eh?  
And why would the hacker communicate with them? To get a prison sentence and a nice bunk bed with some sketchy inmate? They are probably off the grid already and all the money is laundered and funneled in offshore accounts overseas.

Yes an inside job is more likely here. Whether or not the owners were in on the hack is the main question. Maybe one of their top employees knew the ins and outs of how Bitfinex secures the Bitcoins and found a way to get access to them. Maybe the hacker may even be someone from inside BitGo, the wallet provider by Bitfinex.

[Oilacris]

Most likely it was just another inside job masked as an unfortunate security breach. How surprising eh?  
And why would the hacker communicate with them? To get a prison sentence and a nice bunk bed with some sketchy inmate? They are probably off the grid already and all the money is laundered and funneled in offshore accounts overseas.

Yes an inside job is more likely here. Whether or not the owners were in on the hack is the main question. Maybe one of their top employees knew the ins and outs of how Bitfinex secures the Bitcoins and found a way to get access to them. Maybe the hacker may even be someone from inside BitGo, the wallet provider by Bitfinex.

Im thinking the same thing too,  its  very  impossible  for an exchange to be hacked so easily which  they  have already  the  most  secure   in terms  of  holding  huge volumes  of  bitcoin. They are  already  aware    on such situations  that  might  happen  but there are really greedy people would  really intent  to   get those  huge amounts and  as we all know that already reach millions of dollars and would surely  be tempted to put   a  mission  even  to those  staffs  itself. Just  my speculation.