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Once kidnappers realize they can get ransom payment in untraceable bitcoin we ar

completely fucked
Vigorous institution french chef
  12/02/16
already happened in taiwan. a rich guy from hong kong was ki...
twisted church
  12/02/16
did they get paid? and is there really zero way to trace it?
Vigorous institution french chef
  12/02/16
1. police found them and rescued the guy. probably by tracki...
twisted church
  12/02/16
but yes, extortionists have already realized that bitcoin is...
twisted church
  12/02/16
fuuuuuuuuck
Garnet Lettuce
  12/02/16
already happens online. look up ransomware. your files get e...
navy death wish
  12/02/16


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Date: December 2nd, 2016 7:08 PM
Author: Vigorous institution french chef

completely fucked

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041836)



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Date: December 2nd, 2016 7:11 PM
Author: twisted church

already happened in taiwan. a rich guy from hong kong was kidnapped. kidnappers demanded bitcoin.

the three weakpoints of a kidnapping, where it is easiest to get caught, are 1) the taking, 2) communication (tracing calls and internet connections) and 3) the acceptance of the payment (cash handover)

and cryptocurrency basically eliminates the third one.



(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041857)



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Date: December 2nd, 2016 7:12 PM
Author: Vigorous institution french chef

did they get paid? and is there really zero way to trace it?

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041875)



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Date: December 2nd, 2016 7:15 PM
Author: twisted church

1. police found them and rescued the guy. probably by tracking down the kidnappers' cell phones or by looking at surveillance footage of the kidnapping and tracking the movement of the vehicles.

2. bitcoin is not the best choice, as payments are eminently trackable on the blockchain.

a prudent kidnapper would use DASH, Monero, or Zcash, which are altcoins that have built-in automatic anonymity.

but even with bitcoin, there are mixers that jumble up the dirty coins with other coins and obscure the trail.

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041903)



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Date: December 2nd, 2016 7:17 PM
Author: twisted church

but yes, extortionists have already realized that bitcoin is the best way for them to accept payment. most hackers are demanding bitcoin. cryptolocker.

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041913)



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Date: December 2nd, 2016 7:12 PM
Author: Garnet Lettuce

fuuuuuuuuck

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041882)



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Date: December 2nd, 2016 10:59 PM
Author: navy death wish

already happens online. look up ransomware. your files get encrypted and they won't give you a code to unlock unless you send bitcoins.

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32043732)