South Korean Police Lose Seized Crypto by Posting Password Online
67 points
5 hours ago
| 3 comments
| gizmodo.com
| HN
josephh
4 hours ago
[-]
Rumor has it that it was an inside job and they intentionally shared the photo online as an alibi.
reply
jandrese
3 hours ago
[-]
This is also the rumor every time a crypto exchange is “hacked” and loses all of the stored crypto. It was never obvious if the people running the exchanges were incompetent or criminal, but I suspect it was a combination of both in many cases.
reply
mikkupikku
1 hour ago
[-]
If you're set on doing some shit and know you won't be able to hide that it was done, arranging for it to be an "accident" is a pretty obvious ploy. Like, small children even do this.
reply
tartoran
20 minutes ago
[-]
I agree. Especially when there’s a lot of money involved, anything shared online is a liability.
reply
prawn
2 hours ago
[-]
About $5m if anyone was only interested in the rough amount.
reply
yieldcrv
2 hours ago
[-]
why does the article say it would be difficult to liquidate those tokens instead of just posting the address so we can see what they did?

I think this is a symptom of general ignorance and decade-plus-long aversion to understand crypto. Its a choice and it works extremely well for the person that now has custody.

okay lets narrow it down, it mentions the token name - approximately 4 million Pre-Retogeum, or PRTG - so we can just look up that token on the network its deployed on, and look for large recent transactions

Edit: I’m looking at this address now, based on receiving the 4,000,000 tokens 1,000+ days and sending them out 2 days ago

https://etherscan.io/address/0x8efa52827c229c434fe9c915b2d99...

reply