this post was submitted on 14 Dec 2023
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As far as crypto heists go that isn't much.
But the laughter it brings us?
Priceless.
I’ve been watching the last few and the numbers stay low. Not much money left in the casino, it would seem
I think the thefts are priced in the value of the stolen coins so this says nothing about the liquidity. No idea how to properly look that up (and last time I tried it was oddly hard to find data on it, and the changes of it over time)
illiquid shitcoins are the order of the day. putting a spurious $ value on them is part of the scam. comes back to completely fuck them when it's prosecution time tho, cos the $ values immediately push the crime into the highest sentencing bracket. here's to mark-to-market!
In .nl the higher the crime bracket the more resources the police/persecution can also use to go after that crime (that is at least it was a while ago) why all dutch computer crime had pretty high prison times, as else they simply couldn't be policed. Wonder if they also get themselves in trouble like that.