Confession's of a Bitcoin Botnet coder...

[bbit]

http://www.reddit.com/r/IAmA/comments/sq7cy/iama_a_malware_coder_and_botnet_operator_ama/

Living the American dream...

[paraipan]

http://www.reddit.com/r/IAmA/comments/sq7cy/iama_a_malware_coder_and_botnet_operator_ama/

Living the American dream...

thanks for sharing dude, still reading... 

[proudhon]

I'm tell you guys, this stuff is going to be the end of bitcoin.

[bbit]

http://www.reddit.com/r/IAmA/comments/sq7cy/iama_a_malware_coder_and_botnet_operator_ama/

Living the American dream...

thanks for sharing dude, still reading... 

Very welcome...It's absolutely amazing read...

[DeathAndTaxes]

LR is the most common one, most cybercriminals are too inexperienced to use bitcoin,

Now that is bad news for Bitcoin. 

[bbit]

I'm tell you guys, this stuff is going to be the end of bitcoin.

You might be right yikes! :/

[Sukrim]

Mining at BTCguild with ~ 10 GH/s since now about 2 months, continually growing - should be enough info to analyze BTCguild payouts (or ask eleutheria directly for logs, if he uses only 1 account, he's for sure in the top25, together with probably a few other botnets) and expose his adress(es), if he didn't use CoinControl. From there it's most likely off to MtGox or another exchange (they usually cooperate with law enforcement) or to a savings account that can be tracked.

Still an interesting read though!

[MoonShadow]

I'm tell you guys, this stuff is going to be the end of bitcoin.

Because some people on the Internet use it for crime?

Really?

[ineededausername]

Mining at BTCguild with ~ 10 GH/s since now about 2 months, continually growing - should be enough info to analyze BTCguild payouts (or ask eleutheria directly for logs, if he uses only 1 account, he's for sure in the top25, together with probably a few other botnets) and expose his adress(es), if he didn't use CoinControl. From there it's most likely off to MtGox or another exchange (they usually cooperate with law enforcement) or to a savings account that can be tracked.

Still an interesting read though!

+1, someone kick the botnet out

[Serith]

I'm tell you guys, this stuff is going to be the end of bitcoin.

You might be right yikes! :/

From Bitcoin network point of view a botnet is legitimate miner, as long as no one controls more that 50% of hashing power, everything is fine. And botnets doesn't affect bitcoin market price either because supply side always stays the same, 50 bitcoins per 10 minutes. Price per bitcoin changes only because demand changes, supply rate doesn't change and it doesn't matter who mined those coins. Of course legitimate miners can't compete with a botnet, but even that probably will change with ASIC mining, that will make CPU mining pointless even for a botnet.

[MysteryMiner]

I'm 50-50 if this story and screens are legit or fake. But many of the less-known facts and tips are legit.

Update: This guy is 100% legit! Moscow never sleeps.

[Steve]

I'm tell you guys, this stuff is going to be the end of bitcoin.

I think you have it backward…this stuff is going to be the end of the traditional banking system.  At least with Bitcoin you have a fighting chance of securing your assets.  With the traditional banking system, the theft just gets subsidized and no one cares or will care until entire companies (or nations that bail them out) start to collapse.  Unfortunately, by that time, it will be too late for that system.  I find it interesting that these criminals are using a superior (and ultimately less vulnerable) system like bitcoin to exploit an antiquated system that is rife with insecurities.

[evoorhees]

I'm tell you guys, this stuff is going to be the end of bitcoin.

Just as viruses were the end of the internet!

[ricksta]

can we tip the anti virus companies with advise on how to catch these background bitcoin mining processes so it's more difficult for botnets to operate as miners?

[check_status]

Something important for Windows users...Notice in the pics, W7, VS, XP. Every machine listed in the pics are Windows boxes. He also said he binds programs uploaded to usenet.

At the beginning it happened, my crypter got flagged and I had to rearrange the code to re"FUD" it. Now everything is automated, every victim gets a regular update, just for him. And because the polymorphism happens on my side, AV vendors can't get a detection for all modifications, it's game over for them.

I wonder if he has compromised any linux boxes?

[proudhon]

I'm tell you guys, this stuff is going to be the end of bitcoin.

Just as viruses were the end of the internet!

I don't know.  How many internets were stolen or freely mined and sold at whatever price the perpetrator could fetch at the time?

[MysteryMiner]

I find it interesting that these criminals are using a superior (and ultimately less vulnerable) system like bitcoin to exploit an antiquated system that is rife with insecurities.

It is so true!

[brunozisterer]

As long there is Gigamining and Bitbond don't worry.
They collected now in only 3 weeks more than 30000 BTC to run their miners.

[Gabi]

Something important for Windows users...Notice in the pics, W7, VS, XP. Every machine listed in the pics are Windows boxes. He also said he binds programs uploaded to usenet.

At the beginning it happened, my crypter got flagged and I had to rearrange the code to re"FUD" it. Now everything is automated, every victim gets a regular update, just for him. And because the polymorphism happens on my side, AV vendors can't get a detection for all modifications, it's game over for them.

I wonder if he has compromised any linux boxes?

Please avoid this Windows bullshit. Those are Windows boxes because noobs use Windows and not Linux. And, since they are noobs, they keep their computer NOT secure, unprotected and vulnerable to everything
The problem is the user, NOT the operative system.


A skilled person is safe with Windows or with Linux

[organofcorti]

I'm tell you guys, this stuff is going to be the end of bitcoin.

Just as viruses were the end of the internet!

I don't know.  How many internets were stolen or freely mined and sold at whatever price the perpetrator could fetch at the time?

This many: