Bitstamp hack bitcoins are now moving!

[mlferro]

would not have a way to track the IPs from which transactions are being made?

[SirChiko]

it doesn't matter if they are moving, someone owns them so he will move/sell/do whatever he want with them
nothing to be excited about

He wouldn't be able to mix them all as no mixer has so big volume.

[cryptoanarchist]

I posted on here almost a year ago that bitstamp was just a government honeypot and that it was only a matter a time before they ran off with people's coins.

Like 99% of the time - I was right.

 

[newIndia]

I posted on here almost a year ago that bitstamp was just a government honeypot and that it was only a matter a time before they ran off with people's coins.

Like 99% of the time - I was right.

 

This is more true regarding CoinBase...

[pawel7777]

I posted on here almost a year ago that bitstamp was just a government honeypot and that it was only a matter a time before they ran off with people's coins.

Like 99% of the time - I was right.

 

How did they ran off? They've reopened and will have to pay that back one way or another. As far as we know there are no limits on withdrawal, so users are not directly affected.

Your right-rate just dropped to 98% 

[seriouscoin]

I posted on here almost a year ago that bitstamp was just a government honeypot and that it was only a matter a time before they ran off with people's coins.

Like 99% of the time - I was right.

 

How did they ran off? They've reopened and will have to pay that back one way or another. As far as we know there are no limits on withdrawal, so users are not directly affected.

Your right-rate just dropped to 98% 

You assumed he makes 100 claims like this. In fact, the fcker only make 1 similar claim in the past. This makes him.... less than 50% correct.

a broken clock would be right atleast twice a day.

[Eastwind]

Can a coinmixer confiscate those coins and return to Bitstamp? The only problem is that nobody will use that mixer any more.

[JerryCurlzzz]

my first concern was they may try and dump them today. on smaller exchanges or trade into alts, then sell.
or they could just secure in multiple wallets and leave for years. then sell when everyone has 'forgot'

maybe a dump is on way today or they may sell on localbitcoins slowly, who knows

I highly doubt they would dump them on an exchange -- what exchange allows fiat withdrawal without KYC? Are there any exchanges that even allow P2P transfer? Maybe BTC-E codes, haven't been on there in a while.... anyway, if it were me, I'd mix them, then slowly sell them on LBC. And keep a fat stash in cold storage too.....

[medUSA]

The coins can't go into any large exchange because of KYC policies. Perpetrators need to use supply IDs for those exchanges, he could use a fake identity and a throw away bank account. He probably needs a hundred identities to be able to sell 18k btc undetected. He is most likely going to mix 10 to 20 btc every week until he has finished will all of them. Too time consuming to trace

[freebit13]

Can a coinmixer confiscate those coins and return to Bitstamp? The only problem is that nobody will use that mixer any more.

If a coinmixer was able to steal your coins, then I would seriously consider not using it... ever!

[howzar]

would not have a way to track the IPs from which transactions are being made?

Wouldn't help. The hacker could just hide behind TOR or VPNs.

[coolmyrig]

I have noticed that it had taken the hacker a long time(about 2 days)  to send the bitcoins to his own address,  why bitstamp couldn't found it???

[mayax]

it's funny. funds are still deposited there:  https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf

the "hacker" made another 50K. ))

[Remember remember the 5th of November]

Some of the recent coins link to 1KYXrw4Ftkmomfs4iyVXUSqQeRX75Unoi8 which in turns links to another thread where it was mentioned  https://bitcointalk.org/index.php?topic=99497.msg8846318#msg8846318

The trail is as follows, notice the recent 29 bitcoin tx, if you follow it back like only two-three times you will see the coins some from 1KYXrw4Ftkmomfs4iyVXUSqQeRX75Unoi8

[botany]

Can a coinmixer confiscate those coins and return to Bitstamp? The only problem is that nobody will use that mixer any more.

By not doing that, a coinmixer would greatly increase his credibility. By doing that, he would run out of business. 

Having said that, the hacker has to be absolutely sure that the mixer is not keeping logs. He could be very easily exposed to blackmail.

[pawel7777]

Can a coinmixer confiscate those coins and return to Bitstamp? The only problem is that nobody will use that mixer any more.

Technically they could. But as you mentioned that would be the end of their business.

I reckon BitStamp would need to offer something around $0.5-$1m reward to convince mixer to seize such coins. Anyway, it's pointless since hacker will be mixing it slowly, not all at once.

[picolo]

Can a coinmixer confiscate those coins and return to Bitstamp? The only problem is that nobody will use that mixer any more.

Technically they could. But as you mentioned that would be the end of their business.

I reckon BitStamp would need to offer something around $0.5-$1m reward to convince mixer to seize such coins. Anyway, it's pointless since hacker will be mixing it slowly, not all at once.

The hacker will mix them slowly and bitmixer would not give away the bitcoins because it would be against the ethic of their business.

How do you think he will mix and cash out? Would he cash out to his real name. Maybe through bitstamp!

[moriartybitcoin]

well, whomever hacked them should have no trouble laundering them.  Most bitcoin laundry services (mine included) don't care where the coins came from

[jonald_fyookball]

would not have a way to track the IPs from which transactions are being made?

Wouldn't help. The hacker could just hide behind TOR or VPNs.

wouldnt help anyway because its a decentralized network.
For example, if you look on blockchain.info as to what IP
relayed them the transaction, that is only what blockchain
is seeing.  Other nodes might have had a different IP relay
it, and neither would be necessarily seeing the first relay.

[pawel7777]

Can a coinmixer confiscate those coins and return to Bitstamp? The only problem is that nobody will use that mixer any more.

Technically they could. But as you mentioned that would be the end of their business.

I reckon BitStamp would need to offer something around $0.5-$1m reward to convince mixer to seize such coins. Anyway, it's pointless since hacker will be mixing it slowly, not all at once.

The hacker will mix them slowly and bitmixer would not give away the bitcoins because it would be against the ethic of their business.

How do you think he will mix and cash out? Would he cash out to his real name. Maybe through bitstamp!

Confused here. Where did I say anything about hacker cashing-out?
He will be cashing out but how and when is a completely different story/speculation.