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Bitcoin Theft/Home Invasion Thwarted

Posted on 5/16/18 at 9:19 am
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 5/16/18 at 9:19 am
Happened in the neighborhood next to mine



quote:

Five men have been arrested by the Forsyth County Sheriff’s Office for allegedly plotting to invade the home of a local teenager and steal nearly $1 million in Bitcoin cryptocurrency.


quote:

Rainwater said that on Jan. 29, 2018, four suspects – Trivette Adams, Matthew Schwartz, Jacob South and Michael McDermont – were located by the sheriff’s office narcotics unit in a local hotel, allegedly in possession of zip ties, latex gloves, duct tape and bandanas, but were released shortly after due to “insufficient evidence that a crime had been committed.”


quote:

Rainwater said that the four initial suspects had allegedly been “staking out” a local residence and were caught before they had a chance to carry out the plot. “They knew the premises, knew the routines of the occupants,” Rainwater said. “They had everything figured out.” He said that their intended victim reportedly had up to 80 Bitcoins, which could have been worth up to $800,000.


Five arrested after allegedly traveling cross country to rob Bitcoin from local teen
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132646 posts
Posted on 5/16/18 at 9:21 am to
Dindu nuffin
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 5/16/18 at 9:23 am to
They are going to be really disappointed when that tulip bubble pops
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 5/16/18 at 9:23 am to
Bitcoins are physical?
Posted by el Gaucho
He/They
Member since Dec 2010
60155 posts
Posted on 5/16/18 at 9:23 am to
Dang they almost stole his laptop
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61801 posts
Posted on 5/16/18 at 9:25 am to
The private codes to control them are.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 5/16/18 at 9:25 am to
quote:

Bitcoins are physical?


No.

They were likely going to kidnap him and force a transfer since they had zip ties and all that.
Posted by KamaCausey_LSU
Member since Apr 2013
17854 posts
Posted on 5/16/18 at 9:25 am to
If the teen was not a moron and I assume he isn't because he has 80 btc. Wonder how they got his private key to what I assume is a nano ledger or something. Or were they going to kidnap him as well.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76158 posts
Posted on 5/16/18 at 9:26 am to
Posted by idlewatcher
Planet Arium
Member since Jan 2012
98741 posts
Posted on 5/16/18 at 9:27 am to
#2 has nice eyeliner.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 5/16/18 at 9:28 am to
quote:

Wonder how they got his private key


If they had this, they probably didn't need to physically be there. Unless the guy has an offline wallet.
Posted by The Torch
DFW The Dub
Member since Aug 2014
30490 posts
Posted on 5/16/18 at 9:28 am to
quote:

Bitcoins are physical?


That's what I thought, imaginary money.
Posted by JOJO Hammer
Member since Nov 2010
12461 posts
Posted on 5/16/18 at 9:29 am to
quote:

They are going to be really disappointed when that tulip bubble pops



Is that some sort of prison sex slang?
Posted by Who_Dat_Tiger
Member since Nov 2015
26121 posts
Posted on 5/16/18 at 9:31 am to
quote:

They were likely going to kidnap him and force a transfer


Wouldnt be hard to trace the transfer. These dindus wouldve been caught after the crime if they hadnt been before.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139229 posts
Posted on 5/16/18 at 9:31 am to
Posted by KamaCausey_LSU
Member since Apr 2013
17854 posts
Posted on 5/16/18 at 9:33 am to
quote:

Unless the guy has an offline wallet

If he has that much btc he'd be an idiot to not have an offline wallet.
Posted by TigerCoon
Member since Nov 2005
22476 posts
Posted on 5/16/18 at 9:34 am to
These guys look like Big Bang Theory fans.
Posted by Tiger Prawn
Member since Dec 2016
26338 posts
Posted on 5/16/18 at 9:36 am to
quote:

Bitcoins are physical?


No, but from my understanding you can download your Bitcoin to a "Bitcoin wallet" which is basically like an external hard drive and store the Bitcoin offline to keep it safe from hackers. Long as the wallet is unplugged from a computer, its not vulnerable to being hacked.
Posted by pjab
Member since Mar 2016
5775 posts
Posted on 5/16/18 at 9:56 am to
Posted by adamb2151
Houston, Texas
Member since Jun 2013
6586 posts
Posted on 5/16/18 at 10:00 am to
quote:

Wouldnt be hard to trace the transfer.


False. Untraceable. Thats the one of the main selling points of Crypto currency.
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