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Started By
Message
re: 4,400BTC (~$2.7M) stolen from Silk Road 2.0 escrow account
Posted on 2/13/14 at 3:21 pm to joshnorris14
Posted on 2/13/14 at 3:21 pm to joshnorris14
quote:
You shouldn't opine on subjects that you don't understand.
The regulations that will counter this will be built in escrow.
Like I said, over your head.
In any-case, I have yet to see you explain "anything" in your own words.
0
Posted on 2/13/14 at 3:22 pm to JayDeerTay84
quote:I agree. Let the miscreants cannibalize themselves into oblivion. It's a case of Darwinism doing what it does best.
Don't need no stinking regulation or security.
I was wondering why btc prices were plummeting this afternoon. I guess now I know. If 6,000 btc sell orders drove the price down to $102 earlier this week, imagine what sell orders for 88,000 bitcoins would do.
Posted on 2/13/14 at 3:22 pm to joshnorris14
Wait, that website says it was only 4400 bitcoins
Posted on 2/13/14 at 3:23 pm to joshnorris14
quote:If that were a board policy, you wouldn't be allowed to ever post again.....about anything.
You shouldn't opine on subjects that you don't understand.
Posted on 2/13/14 at 3:24 pm to Broke
quote:
Wait, that website says it was only 4400 bitcoins
There is this in there.
quote:
Editor’s Note: The transactions revealed by Defcon only show a total of 4474.26 BTC stolen from presumably only escrow accounts. The previous incorrect estimate of “over 88,000 BTC” came from user estimates of all funds perviously on Silk Road 2.0's wallets, or all funds in the wallets of the suspected attackers.
Posted on 2/13/14 at 3:25 pm to Broke
quote:By josh's mathematical standards, there isn't much difference between 88,000 and 4,400. Simply a rounding error....
Wait, that website says it was only 4400 bitcoins
This post was edited on 2/13/14 at 3:26 pm
Posted on 2/13/14 at 3:25 pm to joshnorris14
quote:
Also, Ross isn't being charged with murder-for-hire crimes
Last I read he was being charged with 6. That was part of the sting operation that captured him.
Posted on 2/13/14 at 3:25 pm to joshnorris14
quote:
It wasn't SR2s stash. According to DPR3 it was 100% of consumer funds in escrow.
His point still stands no?
The customers are there to buy illegal goods and they have a lot of money in Silk Road accounts. It sounds like a non-trivial fraction of all the btc ever mined.
Posted on 2/13/14 at 3:26 pm to Broke
Looks like the article was updated:
Update: The amount of BTC that was stolen was calculated by Nicholas Weaver @NCWeaver – Computer Security Researcher, to be around: 4474.266369160003BTC that are with the value of about $2.7 Million
Update: The amount of BTC that was stolen was calculated by Nicholas Weaver @NCWeaver – Computer Security Researcher, to be around: 4474.266369160003BTC that are with the value of about $2.7 Million
Posted on 2/13/14 at 3:27 pm to ZereauxSum
I wasn't dismissing his point, just clarifying
Posted on 2/13/14 at 3:28 pm to joshnorris14
Ok gotcha. Fair enough.
Posted on 2/13/14 at 3:28 pm to joshnorris14
quote:
Ross isn't being charged with murder-for-hire crimes
Oh, really?? You'd better tell his attorneys that.
quote:LINK
He is also charged with ordering the assassinations of six people he believed had ripped him off as he accumulated a personal fortune of $20 million in Bitcoin from transaction fees on Silk Road.
This post was edited on 2/13/14 at 3:29 pm
Posted on 2/13/14 at 3:31 pm to cwill
quote:
Last I read he was being charged with 6. That was part of the sting operation that captured him.
Nope, he plead guilty to all charges and those were not included
Posted on 2/13/14 at 3:33 pm to joshnorris14
So he plea-bargained...which means he was charged and as part of the negotiations those charges were dropped. But it was pretty clear from the evidence made public that he did order the hits and when shown fake pictures of the murders showed no remorse....like I said, he forgot all about the NAP when convenient...ain't anarchy grand?
Posted on 2/13/14 at 3:36 pm to joshnorris14
quote:
Nope, he plead guilty to all charges and those were not included
quote:Forbes - Feb 7, 2014
On Friday, Ulbricht pleaded “not guilty” in a Manhattan court to all charges...
You're 0 for 4 in this thread alone.....
Posted on 2/13/14 at 3:37 pm to joshnorris14
quote:
Nope, he plead guilty to all charges and those were not included
Posted on 2/13/14 at 3:43 pm to LSURussian
quote:
You're 0 for 4 in this thread alone.....
At least Wiki can seem intelligent.Posted on 2/13/14 at 3:48 pm to LNCHBOX
quote:
At least Wiki can seem intelligent.
Is it wrong that I keep thinking about the mice getting fed to the snakes and laugh my arse off every time this comes up?
Every time!
Posted on 2/13/14 at 3:50 pm to htownjeep
Can someone give me some before and after bitcoin values because of this news?
Posted on 2/13/14 at 3:56 pm to joshnorris14
quote:
Nope, he plead guilty to all charges and those were not included
Damn, you'd think more criminal defendants would figure that out.
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