Thief of $90M in seized U.S.-controlled crypto is gov't contractor's son
104 points
2 hours ago
| 5 comments
| web3isgoinggreat.com
| HN
shrubble
1 hour ago
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So much of the government is like this, they will hire some connected guy to manage something in a slightly competent manner.

Just learned that the federal government has long term leases on office buildings that congressmen have a financial interest in. More disappointment.

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ajross
18 minutes ago
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To be clear: the crypto in question wasn't managed in even a slightly competent manner. It was literally embezzled.
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aryan14
1 hour ago
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And he has been and continues to make fun of the investigators, publicly mocking investigators and sending small amounts from the fraudulent wallets to investigators.

Crazy world

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pinkmuffinere
5 minutes ago
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The guy sounds crazy for sure, but it sounds like his shenanigans will likely land him in jail? I don’t feel this is so much about a crazy world as about a crazy person.
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grugagag
1 hour ago
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He’s reaping what he saw. Things aren’t looking good for him nor his father, a lesson both of them will painfully learn from. Father career is possibly over.
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lostlogin
48 minutes ago
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> Things aren’t looking good for him nor his father, a lesson both of them will painfully learn from

You’re a hell of an optimist.

I’d say that it’s just as likely that the pardon sharpie is being readied, just as soon as the super PAC donation clears.

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paulpauper
18 minutes ago
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Put it into Trump's coin as a donation
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londons_explore
23 minutes ago
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> Father career is possibly over.

Plenty of people would happily flush their career down the drain to run away with their family and $90M

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paulpauper
21 minutes ago
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the feds haven't even acknowledged there was a theft. it's possible they still don't know or somehow don't have the evidence to bring charges
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MisterTea
1 hour ago
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A bit lost here. Is there more backstory to this? It reads as if the government contractors son stole the 90 million from the government?
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alistairSH
4 minutes ago
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Correct. US Marshalls have a contract with this guy’s dad to mange their crypto holdings (seized as part of investigations). Kid steals money but can’t resist showing off to friends and gets “busted”. Except the government still doesn’t appear to acknowledge a theft even occurred and the kid taunts investigators by sending them small amounts of ETH.
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ortusdux
1 hour ago
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FatalLogic
2 minutes ago
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This would be a much better link for this post

There's a lot more detail, and delivered in more professional way

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paulpauper
23 minutes ago
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It appears the feds were so incompetent they didn't realize the theft had occurred until AFTER Zach's post went viral, and even then, nothing may happen. And to think, had Lick done nothing he likely would have gotten away with it. Perfect crime undone by ego.
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gmuslera
1 hour ago
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There's no honor among thieves.
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cucumber3732842
50 minutes ago
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Thieves "in a vacuum" don't do this stuff. Nobody does.

This is basically a DDOS reflection attack but with government.

I'm not gonna go put a bullet in someone who over a petty dispute like this. That's unreasonable. Someone who I've wronged in doing so (i.e. someone who likes them) might put one back in me.

But say I can do something that will cause the government to do it for me at no risk to myself... That's basically what happened here.

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