Now - you may watch ten seconds of that and go "OMG what is this cringe." She doesn't have much going for her stripped of context. But she was, up until yesterday, sitting on $3.6b worth of stolen BTC.
What fascinates me is not that she's a terrible rapper. It's not that she wrote an article for Forbes about protecting yourself from cybercriminals. It's not that she managed to trick Inc into profiling her antics. It's not even that the bulk of the charges are against her husband, or that a high-fivin' white girl managed to spearfish Bitfinex for a quarter of their assets only to catalog their addresses and keys in Google Drive:
- Law enforcement says it was able to seize the 94,636 Bitcoin left in the wallet because Lichtenstein allegedly uploaded a list to a cloud storage and email provider that contained addresses for the wallet that Binfinex’s funds were dumped into, along with the private keys to access them. The file was encrypted, but after obtaining it through a search warrant, the statement of facts says that law enforcement was able to decrypt it and several other files (though it doesn’t offer any explanation of how).
No - what fascinates me is that crypto used to be a place where characters like this could get away with anything, and now you're stuck buying Playstation gift cards on Russian darknets.
- At today’s prices, $267 million of the bitcoins stolen from Bitfinex in 2016 have now been laundered or cashed-out through darknet markets, privacy wallets or exchanges. At that rate, it will take another 114 years to work through the rest of the stolen funds. As well as shedding light on criminal activity such as that suffered by Bitfinex, blockchain analytics has made it increasingly difficult to make crime pay when using crypto for illicit purposes.
It's odd to me that cryptolibertarians still see the government as quaking in their boots from the astounding freedoms enabled by cryptocurrency rather than recognizing that this chucklefuck would have been better off with a suitcase of hundos. Like, there's spooks out there whose phones beeped every time these suckers bought a Walmart gift card. And the government is against this why, theoretically?