Re:Police seize cryptocurrency from alleged movie pirate
by mirimir on Friday November 22, 2019 @07:26PM
(#21611521)
How can people be so good at making money, but yet so clueless about OPSEC?
> But after the police knocked on the door on the weatherboard home in June, McIvor handed them the key codes to unlock more than $6m worth of various cryptocurrencies.
Ummm, why would he do that? Was he perhaps hoping that they'd go away if he just gave them the money?
> Detective Senior Sergeant Keith Kay, the head of the Asset Recovery Unit in the Waikato, said his team became involved after a tip from the Inland [sic] Revenue Service in the United States.
> The IRS had received "Suspicious Activity Reports" from PayPal, the online payment service, which tax officials traced to McIvor in New Zealand.
> ...
> The money was allegedly deposited into his bank accounts from international wire transfers, PayPal, and another online payment service called Stripe.
I can't imagine how anyone could think that would work out well.
> But after the police knocked on the door on the weatherboard home in June, McIvor handed them the key codes to unlock more than $6m worth of various cryptocurrencies.
Ummm, why would he do that? Was he perhaps hoping that they'd go away if he just gave them the money?
> Detective Senior Sergeant Keith Kay, the head of the Asset Recovery Unit in the Waikato, said his team became involved after a tip from the Inland [sic] Revenue Service in the United States.
> The IRS had received "Suspicious Activity Reports" from PayPal, the online payment service, which tax officials traced to McIvor in New Zealand.
> ...
> The money was allegedly deposited into his bank accounts from international wire transfers, PayPal, and another online payment service called Stripe.
I can't imagine how anyone could think that would work out well.