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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="RonJohn" data-source="post: 805027" data-attributes="member: 2426"><p>They released no technical detail on what they did. I wouldn't expect them to. I see three possibilities from the information that they have provided:</p><ol> <li data-xf-list-type="ol">They hacked a computer that is running the wallet that accepted the transaction, copied the wallet and moved the funds to another wallet. This matches their statements most and it matches some reports from a few weeks ago: [MEDIA=youtube]UOk8WC9Untk[/MEDIA]</li> <li data-xf-list-type="ol">The funds were moved to a crypto exchange and the US government pressured the exchange to seize the funds. Governments would be able to pressure exchanges to turn over accounts just as they can pressure banks and financial institutions to do so.</li> <li data-xf-list-type="ol">They are overstating what they have done.</li> </ol><p>I would guess with the previous reports that DarkSide was under cyber attack that the US government conducted or orchestrated the attack and was able to gain access to their computer systems. If that is the case, then losing a few million dollars is probably not at the top of their concerns. With access to their computer systems, the government could possibly get enough information to identify them.</p><p></p><p>However it is still possible that, much like the FBI's press conference announcing a crack down on the muddy side of college basketball, they are blustering and touting without much substance.</p></blockquote><p></p>
[QUOTE="RonJohn, post: 805027, member: 2426"] They released no technical detail on what they did. I wouldn't expect them to. I see three possibilities from the information that they have provided: [LIST=1] [*]They hacked a computer that is running the wallet that accepted the transaction, copied the wallet and moved the funds to another wallet. This matches their statements most and it matches some reports from a few weeks ago: [MEDIA=youtube]UOk8WC9Untk[/MEDIA] [*]The funds were moved to a crypto exchange and the US government pressured the exchange to seize the funds. Governments would be able to pressure exchanges to turn over accounts just as they can pressure banks and financial institutions to do so. [*]They are overstating what they have done. [/LIST] I would guess with the previous reports that DarkSide was under cyber attack that the US government conducted or orchestrated the attack and was able to gain access to their computer systems. If that is the case, then losing a few million dollars is probably not at the top of their concerns. With access to their computer systems, the government could possibly get enough information to identify them. However it is still possible that, much like the FBI's press conference announcing a crack down on the muddy side of college basketball, they are blustering and touting without much substance. [/QUOTE]
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