Bitcoin developer @lukedashjr's wallet was hacked

[BlackHatCoiner]

if its fungible(you view as a binary option yes or no(facepalm)). there would be no such thing as "border seizures" or "bank IRS seizures" or crimes like "handling funds related to a crime" no "handling stolen goods or proceeds"

And as long as you take care your privacy seriously, there won't be such incidents. Besides, just because you happen to have stolen funds, it doesn't mean you made the robbery. I'm not an expert, but it makes sense to only seize coins if you provide sufficient proof of robbery (not limited within the blockchain, e.g., doing KYC right after you steal, or have your privacy invaded otherwise).

also i do some research and due diligence and dont just aimlessly handle funds to or from complete strangers..

You assure every Internet merchant you've exchanged goods with is trustworthy, and 100% obedient with the law? And that he hasn't either exchanged goods with someone same like? Et cetera, et cetera?

i also separate my funds from different recipients. thus can taint trace and decide what to then consolidate.. or spend quick to avoid any such holding  .. thre are many other methodologies and ways but i wont spoonfeed you.

You dropped this: mixing.

also. if you cared to do some research you might learn how to "clean" the dirty.

There are no dirty coins. Only dirty minds.  

and work out at which point FATF would declare funds now clean("fungible") and no longer blacklisted.

Unless you do self-custody. That's a red flag for FATF, which nullifies the whole Bitcoin concept, but yeah, clean coins. Duh?

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[franky1]

you really are grasping

i understand YOU "FEEL" that funds "shouldnt" be seized unless you are the actual criminal.. but your personal feelings are not financial law.. thats not how laws work
try to read the FATF and bank secrecies act.. and not rely on hope dreams and buddy quotes

did you know that finances have no privacy.
i bet you didnt. but you pretend to have the expectation of financial privacy
finances/currency. do not have the same "rights" as property

instead of feeling and dreaming of how your utopia works. do some research!

and no im not talking about you questioning people to get spoon fed answers where you can then quote as your source in your silly "but thats what she said"

actually find facts, laws, rules, code, practices, data.

[larry_vw_1955]

just using monero.. gets your name on a hot list(small pool of suspects).......

if that's what you believe.

the people spending the bitfinex 119k stash years prior.. used monero and mixers .. it was part of their downfall, and flags were raised on those exchanges.. those people are now in prison
..enough said

no one is tracing monero. so you must be having a bad source of information. but whatever.

[franky1]

just using monero gets you on the list you dont need to be traced via a particular monero transaction.. ANY deposit of monero no matter the source is treated as a using a privacy enhanced tool and flags you. they dont need to know what you bought or from who or where you got the monero from.

just depositing it into an exchange trigger the flag

i cant be bothered this week to spoon feed people

so an anonymity enhanced currency (AEC)

search out words like:  treasury, sec, FATF
in conjunction with:
money service guidelines
monero AEC

see where your own research lands you

seems more and more people are playing the idiot card just to get spoon fed the answers.. like they deserve answers, screw that this week.
if you dont want to research and learn for your own good, dont get involved in concepts you dont want to know about

[takuma sato]

It's safe to assume that using Monero (or any other "anonymous" coin) would indeed put you on a list of someone that is interested in obfuscating their finances for whatever reason. This isn't 2015 anymore guys, governments aren't dumb, anyone that is crazy enough to send Monero to an exchange without at least using some precautionary measures is asking for it.

Anyway, anyone got any news? last I've heard is hackers were chipmixing the stuff:
https://twitter.com/ErgoBTC/status/1611169585457238018

[larry_vw_1955]

just using monero gets you on the list you don need to be traced via a perticular monero transction.. ANY deposit of monero no matter the source is treated as a using a privacy enhanced tool and flags you. they dont need to know what you bough or from who or where you got the monero from.

i guess nowadays it is possible to "use monero" and no one knows you're using it.

just depositing it into an exchange trigger the flag

who said anything about depositing monero into an exchange?

...anyone that is crazy enough to send Monero to an exchange without at least using some precautionary measures is asking for it.

yeah probably.

Anyway, anyone got any news? last I've heard is hackers were chipmixing the stuff:
https://twitter.com/ErgoBTC/status/1611169585457238018

I'm curious what would happen if they just sent all the btc to a burn address...that would be like destroying his hopes to get anything back but would anyone still care about finding justice for him. Binance would probably want to fork the blockchain and put his lost money back into his pocket go figure.

[franky1]

just depositing it into an exchange trigger the flag

who said anything about depositing monero into an exchange ?

and if you had a hand full of btc but wanted monero.. you would need to
_ _ _ _ _ _ _ _  it . missing word starts and ends with an e


and if you had a hand full of monero but wanted btc.. you would need to
_ _ _ _ _ _ _ _  it . missing word starts and ends with an e

I'm curious what would happen if they just sent all the btc to a burn address...that would be like destroying his hopes to get anything back but would anyone still care about finding justice for him. Binance would probably want to fork the blockchain and put his lost money back into his pocket go figure.

whats with certain people lately thinking binance ever wanted to fork bitcoin
oh wait. guess they didnt do the research*

im all for new people asking questions. and asking genuine questions to learn
but after time when they just dont get certain concepts even with information available within 3 seconds or being told something and then having way longer than 3 seconds to check it or think about it..  
but instead they just wanna be part of the "recite something they seen on social media" brigade, i start to wonder do they actually want to learn things anymore

*May 8th 2019 binance does a AMA video on periscope informing viewers that other parties gave him idea's about a fork re-org, which atfirst he said didnt think was possible and that there are many reasons not to, but thought if it could be done it would be done later in week as top priority is plugged the hack holes that week.
same evening of the 9th he tweets to clarify and kil social drama that they wont be doing a re-org at all. thus non news. non start of any drama. game over drama in a few hours.

[nutildah]

It's safe to assume that using Monero (or any other "anonymous" coin) would indeed put you on a list of someone that is interested in obfuscating their finances for whatever reason. This isn't 2015 anymore guys, governments aren't dumb, anyone that is crazy enough to send Monero to an exchange without at least using some precautionary measures is asking for it.

If you're cashing out a significant sum of XMR through a KYC exchange for fiat, then yes, you want to have a legal reason for doing so. However, there are tons of alternatives these days. You can even buy gift cards with it now. If privacy is your goal, BTC doesn't hold a candle to XMR. There's a reason why the largest darknet markets don't support BTC as a payment option anymore.

Anyway, anyone got any news? last I've heard is hackers were chipmixing the stuff:
https://twitter.com/ErgoBTC/status/1611169585457238018

What's even crazier than using Monero is using a mixer. My bet is all mixing processes will be totally deanonymize-able before the year's end.

It is also somewhat remarkable that ChipMixer has still managed to evade sanctions.

[BlackHatCoiner]

It's safe to assume that using Monero (or any other "anonymous" coin) would indeed put you on a list of someone that is interested in obfuscating their finances for whatever reason.

Maybe that implies for anything privacy respecting nowadays. If you're caught to using Tor Browser, you're put to the "weirdos" list. If you're caught to install Tails, you're suspicious. If you're caught to use protonmail instead of gmail, weirdo! LineageOS, or any other privacy focused mobile OS instead of iOS / android, real freak.

If you're caught to selling XMR to a KYC-ed exchange, you need an unusual reason as justification, because it sounds really dumb.

What's even crazier than using Monero is using a mixer. My bet is all mixing processes will be totally deanonymize-able before the year's end.

Everywhere there's mixing though. Move to another wallet, and you just (poorly) mixed your coins. Convert your BTC to LN-BTC, and you're just taking advantage of the greatest, decentralized Bitcoin mixer available. Use a DEX, and no chain analyzing company can safely assume what you're doing.

[turtlecute]

It's safe to assume that using Monero (or any other "anonymous" coin) would indeed put you on a list of someone that is interested in obfuscating their finances for whatever reason.

Maybe that implies for anything privacy respecting nowadays. If you're caught to using Tor Browser, you're put to the "weirdos" list. If you're caught to install Tails, you're suspicious. If you're caught to use protonmail instead of gmail, weirdo! LineageOS, or any other privacy focused mobile OS instead of iOS / android, real freak.

If you're caught to selling XMR to a KYC-ed exchange, you need an unusual reason as justification, because it sounds really dumb.

What's even crazier than using Monero is using a mixer. My bet is all mixing processes will be totally deanonymize-able before the year's end.

Everywhere there's mixing though. Move to another wallet, and you just (poorly) mixed your coins. Convert your BTC to LN-BTC, and you're just taking advantage of the greatest, decentralized Bitcoin mixer available. Use a DEX, and no chain analyzing company can safely assume what you're doing.

NSA analyze and save the IP of every persone download tor browser since 2013.

With obfs bridges you can try hide to your ISP that you're using tor. Welcome to 1984.

[BlackHatCoiner]

NSA analyze and save the IP of every persone download tor browser since 2013.

And I really don't understand what conclusion one can make with this information.

With obfs bridges you can try hide to your ISP that you're using tor. Welcome to 1984.

I don't want to, actually. My ISP doesn't block my entrance to the Tor network, and I neither care if they know I'm using Tor. Just as mixing bitcoin, I don't care if somebody knows I'm part of the process of mixing / using Tor. Quite the opposite. I want them to know I'm respecting my privacy. What I don't want them is to know the final destination each of my processes.

[franky1]

It's safe to assume that using Monero (or any other "anonymous" coin) would indeed put you on a list of someone that is interested in obfuscating their finances for whatever reason.

Maybe that implies for anything privacy respecting nowadays. If you're caught to using Tor Browser, you're put to the "weirdos" list. If you're caught to install Tails, you're suspicious. If you're caught to use protonmail instead of gmail, weirdo! LineageOS, or any other privacy focused mobile OS instead of iOS / android, real freak.

If you're caught to selling XMR to a KYC-ed exchange, you need an unusual reason as justification, because it sounds really dumb.

What's even crazier than using Monero is using a mixer. My bet is all mixing processes will be totally deanonymize-able before the year's end.

Everywhere there's mixing though. Move to another wallet, and you just (poorly) mixed your coins. Convert your BTC to LN-BTC, and you're just taking advantage of the greatest, decentralized Bitcoin mixer available. Use a DEX, and no chain analyzing company can safely assume what you're doing.

the concept of a weirdo list is very true and yes its part of narrowing down "suspect list".. and im actually preferring blackhats term of a "weirdo list"

as for his yet again overly hyped and salivating at the mouth promotion of lightning. blackhat has fallen down several holes and hit his head and not done the research (or has done the research but doesnt want to talk about the negative flaws, non-hyped advert positive stuff)
..
just like tor, certain analysis/data agents can become some of the "bridges" and "exit" nodes of tor to then identify traffic.. in LN some nodes can be on the route to notable services to traffic analyse payments going through them

the only saviour feature of LN. is that because LN can only handle routes of ~$570 MAX(if lucky(avg channel cap /2 parties)) governments and more precisely regulators and more precisely data companies delegated to analyse and identify a weirdo list.. simply dont care about your silly small drug deal amounts.

you'll still be on a weirdo list but they wont bother you(handcuffs) unless your criminality is worthy a stiff sentence

as for his avoidance of the obvious negative flaw of LN (liquidity)
LN would completely bottleneck and fail if it had to try routing 200btc in a small time period

if your destined LN recipient for a swap only has imbound ~$570. and the hops(route middlemen) only have the same. there is a limit to how much can be moved


oh and by the way. most of the LN crew keep promoting "look guys i done [under 400] events this month"
meaning when events can finalise in under 1second it shows a massive time gap between events. meaning just watching for the gossip "channel updates" makes it easy to find the paths..
oh and even funnier.. the channels reveal their funding utxo's so even easier to "follow the money"

simple math if they do under 12 events(routes) a day meaning 1 per 2 hours, meaning, 1 per 7200 seconds
its very easy to spot the paths that update(gossip) in that specific timeframe of a few seconds without much "noise" happening near that timeframe

[savetheFORUM]

Good lord. I usually go "meh, another careless dude" when someone gets hacked, but we're talking about Luke here — an actual OG developer; probably a hundred times more technically literate than me. This made me nervous as hell.

You are right. That is actually frightening how an OG Developer can get hacked and lose a large amount of bag. It shows how smart and dangerous hackers have become nowadays that they can trick literally anyone. Also on another hand, humans make mistakes. It is possible that Luke might have done something which made him vulnerable to the hack. There are so many malware and viruses which come along with files we download from the internet and can compromise/control our systems.

[BlackHatCoiner]

in LN some nodes can be on the route to notable services to traffic analyse payments going through them

They don't know what's the destination, though. That's another level of privacy, comparably with the blockchain.

LN would completely bottleneck and fail if it had to try routing 200btc in a small time period

If you took the time to read the whitepaper, you'd acknowledge that lightning exists for micro-transactions. Not for 3 million dollars worth transactions. But, yeah, I'm the one who needs research. 

It is possible that Luke might have done something which made him vulnerable to the hack.

That. I don't understand why such fuss for this. Isn't it possible that a smart person makes a human mistake? Don't smart people lose their cash by accident every day?

[franky1]

YOU were the one advertising in this topic involving a theft of $3 million that lightning is the solution to wash the hacked coins clean!!! as you called it the "greatest"

but thank you for now admitting you happen to now remember that its not designed for that... thus not the "greatest"
nice try shifting the adversary, but you are your own worse adversary

i was the one telling YOU that LN was not designed for large amounts. heck i even told you the limitations using $ amount limits based on the stats of capacity/liquidity of routes
i think you need to see an optician
..
when you learn about LN's "gossip" and how channels funding is actually public. you may learn that with the lack of events per second.. finding the path and thus destination due to gossip becomes EASY

heres your dilemma
you think that you are safe because no one can peel the whole onion skin to core...
but you forget/dont know/ignore.. that they have ways to simply watch where the onion plays pass the parcel without needing to peel the onion.. especially on a low-use system where packet sniffing and gossip listening is EASY to monitor for "channel updates" due to lack of noise

im sure you probably do know it but dont want to say it out loud.. but if you dont then thats a failure on your part
i consider you do know it which is why you and ur chums are full on pedal to the metal, snake oil utopia, trying to recruit new people into your silly system to create more noise in the "gossip process". even if you are not morally telling your recruits of the many flaws you are inviting them into

trying to cause innocent people to be put on a AEC weido list just so you can exit an AEC with clean funds... leaving the innocent people with dirty coins. is not moral or letting your innocent recruits be informed of said weirdo lists, liquidity issues, how they end up with dirty coin.. and how they can be conned, scammed and easily stolen from due to many other flaws of your favoured service..

for someone that pretends is securing his stash. you sound less like a risk-aware guy, looking for flaws to help know the risks and inform others of risks/flaws... and more of a snake oil advertiser only selling the utopian best case dream

..
last point
if things were so binary fungible and untraceable.. why have you put soo much effort into needing to recruit. why are you so worried about "dirty" why even need a mixer if you think everything is fungible
answer: because you know deep down behind the hidden advert messages.. that things are not as you say they are

[larry_vw_1955]

and if you had a hand full of btc but wanted monero.. you would need to
_ _ _ _ _ _ _ _  it . missing word starts and ends with an e

you could swap your btc for monero in a decentralized fashion. not sure what word you're thinking about though.

and if you had a hand full of monero but wanted btc.. you would need to
_ _ _ _ _ _ _ _  it . missing word starts and ends with an e

atomic swap it? not sure what word you're thinking of exactly.  

whats with certain people lately thinking binance ever wanted to fork bitcoin
oh wait. guess they didnt do the research*

well here's some research for you:

"To be honest, we can actually do this probably within the next few days. But there are concerns that if we do a rollback on the bitcoin network at that scale, it may have some negative consequences, in terms of destroying the credibility for bitcoin."

guess who said that? do you really think this guy could pull that off? he must be really delusional if he thinks he could. and what's even worse is how he thought that might be an acceptable thing to try and do.

[franky1]

ha ha ha.. a snippit out of context

you missed the parts where he said others gave him the idea
you missed the parts where he said he doubted HE could do it

you also missed the "can" and "if" and just thought it meant "will" and "dont care about"

and you are not understanding the "we" involved in the statement you snipped

and you ignored that he said that his priorities were first to secure the security holes in the system/

and how just hours later he told everyone he is not doing it...

thus it didnt happen. it was a non event and the idea was not even his idea

.. but hey i guess the full context of the facts of the actual social drama HOURS of may 8th 2019 dont matter. becasue instead some tweet/social thing your read in 2023 means more than facts of actual events of 3year 7 months ago..

its like this
larry:"someone told me to jump off a bridge. its possible in the next few days, im just concerned if the bungee rope wont break and damage my head when i fall"
8 hours later
"i spoke with the people about concerns and im not going to jump off a bridge"

4 years later
latery is a suicidal maniac he wants to jump off a bridge this year becasue he said he would kill himself 4 years ago

[larry_vw_1955]

ha ha ha.. a snippit out of context



.. but hey i guess the full context of the facts of the actual social drama HOURS of may 8th 2019 dont matter. becasue instead some tweet/social thing your read in 2023 means more than facts of actual events of 3year 7 months ago..

the only thing he got right about his assessment was how he would mess up bitcoin's credibility (for years to come no doubt) if he were to do something stupid like that. hopefully no one would have gone along with his little scheme. nothing is out of context franky, he said those words. they stand by themself. it's unfortunate that he would have ever even considered such a thing in the first place but anyhow...

[franky1]

ok seems someone is on a social drama craze and not a fact finding craze
ok, ill add you to the list of people that dont care about learning..
..
moving on

[larry_vw_1955]

ok seems someone is on a social drama craze and not a fact finding craze
ok, ill add you to the list of people that dont care about learning..
..
moving on

luckily bitcoin is not fungible though. otherwise this thief might actually get away with the stolen funds. maybe someday they'll invent a technology that allows bitcoins to be turned into fungible bitcoins if someone uses a particular transaction type or address type. now that would be something. but only responsible people need apply. people that know how to manage their money...