Bitcoin exchange Youbit shuts after second hack attack

Re:Bitcoin exchange Youbit shuts after second hack attack by disconnected on Tuesday December 19, 2017 @10:08AM (#15960689)

Is anyone seriously tracking where these "stolen" coins from these past several hacks are going?

This is like saying that open source software is more secure than closed source software because the code is public and auditable.

Sure it is auditable, but nobody is doing it. And then shellshock happens.

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Re:Bitcoin exchange Youbit shuts after second hack attack by mv4 on Tuesday December 19, 2017 @11:59AM (#15961598)

Tracking won't accomplish much, they run transactions through mixers/tumblers, and you quickly lose track.

Here's the money from the NiceHash hack two weeks ago (or "hack") getting moved out, in plain sight:

You can kinda see what's happening (how it's being laundered) but you can't pin it on a given entity or idividual, unless they make a mistake.

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Re:Bitcoin exchange Youbit shuts after second hack attack by wu-ikkyu on Tuesday December 19, 2017 @10:42AM (#15960920)

>Is anyone seriously tracking where these "stolen" coins from these past several hacks are going?

Yeah

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