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Author Topic: Has Bitcoin been hacked?? Are your BTC safe???  (Read 266 times)
Distinctin
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June 10, 2021, 11:16:20 PM
 #21

...
Can they also confiscate YOUR crypto funds if they wanted to??
...

If they wanted to they can, it's easy as they write a letter to the exchange where our coins are with a gov order to freeze that money, shouldn't be a big deal for them to do it. But if the bitcoins are under our wallet then it would be a lil harder for them because they have to get access someway to our machine to access to the private keys of the coins.

The FBI has some advanced tools and zero days to access any device. So, if they want to get your coins they will be able to do it.
They don't need to do that, it was an abuse of authority if that be going to happen unless if there is a report in regards to illegal activities. but what I can say this is just a FUD, many people had spread the news like this trying to create attention and panic for the community. So if we know that we don't violate any and we secure our keys, we have no problem with that and our funds remain safe.

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June 10, 2021, 11:22:28 PM
 #22

Question of whether Bitcoin is hackable is quite difficult to answer. Yes, there are ways to reduce the complexity to crack an address but it is mathematically still implausible currently due to the amount of resources required.

It is the kind of questions that you won't really know the answer to. Has Bitcoin been hacked? Perhaps, there is no way to prove a negative and arguably difficult to prove a positive in practice. Of course, the theoretical aspect of this puts this at a ridiculously miniscule chances if you use Bitcoin correctly. If you did put your keys on a server that can be accessible by a third party, then it is perfectly possible to get compromised.

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eaLiTy
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June 10, 2021, 11:36:24 PM
 #23

The FBI managed to retrieve most of the $4.4 million cryptocurrency ransom payment in Colonial Pipeline hack.

Can they also confiscate YOUR crypto funds if they wanted to??
The reason these rumors are spreading is because the FBI was able to identify the encrypted key in which the hackers demanded money. First of all you need to understand is that they are investigating these hackers for the past one year and following their pattern on how they are moving the coins and i am sure the hackers were using any exchange address initially and the FBI might have got access through that way.

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June 10, 2021, 11:59:22 PM
 #24

Everything you need to know: https://twitter.com/adam3us/status/1402179970277982210

I must admit, it's a bit worrying to see so many people talking about this subject. It just shows how most of the community is just here for the money and has no clue about how bitcoin actually works.
I think so, many people want to know how the can make money from bitcoin, some even want to know how they can make it in an illegal way, I have a friend asking that if someone sends him money can the track him if the person sends him through bitcoin, I really don't care who is sending him money, but I had to let him know he can be tracked and even fished out.
People mustn't be encouraged to use bitcoin because of how they shouldn't be caught when they try to use it illegally, it's also  characteristic of them to convert the bitcoin or crypto-currency to Fiat.

It must be admitted that one of the attractions of Bitcoin is being able to make money from Bitcoin,  this makes Bitcoin increasingly popular
and studied by many people. Because Bitcoin is decentralized and cannot be controlled by anyone, that's what makes people misunderstand Bitcoin,
some people do think negatively about Bitcoin. Even Bitcoin is used by some people to make illegal transactions, even though transactions using
Bitcoin can be tracked and many people who use Bitcoin for illegal activities have also been arrested. This means use Bitcoin wisely, and use Bitcoin
for positive things.

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June 11, 2021, 12:23:44 AM
 #25

Everything you need to know: https://twitter.com/adam3us/status/1402179970277982210

I must admit, it's a bit worrying to see so many people talking about this subject. It just shows how most of the community is just here for the money and has no clue about how bitcoin actually works.

Hey I got an idea Gandolph, you give me your public-key (n*G), and your address of your cold-wallet ( h160 format), and let's see how long it takes me to 'hack' your btc. Ok? Deal?

If your so damn confident that your BTC are 'safe', then you should have no fear of sharing these 'public datapoints' with me.
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June 11, 2021, 12:31:50 AM
 #26

The FBI managed to retrieve most of the $4.4 million cryptocurrency ransom payment in Colonial Pipeline hack.

Can they also confiscate YOUR crypto funds if they wanted to??
The reason these rumors are spreading is because the FBI was able to identify the encrypted key in which the hackers demanded money. First of all you need to understand is that they are investigating these hackers for the past one year and following their pattern on how they are moving the coins and i am sure the hackers were using any exchange address initially and the FBI might have got access through that way.



Every 'terrorist' group we know about on earth, had FBI moles, informants on the inside, usually instigating the operation, and they wait for a low-news day to release the 'grab'; They operate very slow, build cases for years; Grab the money before they even announce the bust.

Even the online-drug-guy was busted because he was befriended by an FBI agent that got his email (gmail led to real-id), these 'hacker groups' are even worse as they usually all hang out in the same forums, or chat groups, or usenets, or even darkwebs;

...


This OP is bullshit, because essentially unless your in criminal behavior, its not likely the FBI will target U, however the way exchanges work, they can 'taint' your coin on suspicion based on the fact that your coin might have been mixed at sometime in the past, sort of like cocaine on currency, or being at the wrong place at the wrong time. Once the exchanges locks your btc by association, your screwed, time to hire an expensive lawyer, and watch real money evaporate.

BTC IMHO hacking means to crack the private-key, and/or randomly exploit the hash160 public address to obtain the private-key, then sweep the funds, that kind of hacking takes place all over the world since the birth of bitcoin. Then there is scams, where people have trojan horse websites that say "Give me your priv-key, and I'll return 2x", and tons of morons fall for that, its not hacking its scamming.
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June 11, 2021, 05:07:11 AM
 #27

No, they didn't hacked bitcoin, I think there was some user who posted that the scammers were tracked and they got stupid and sloppy in keeping the coin in their server or something technical and the FBI was able to piece it together. Yes, your bitcoin and everyone's bitcoin is still safe, I don't think that we will have to worry about it.
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