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

completely fucked
Low-t Sweet Tailpipe Immigrant
  12/02/16
already happened in taiwan. a rich guy from hong kong was ki...
Jet harsh mother den
  12/02/16
did they get paid? and is there really zero way to trace it?
Low-t Sweet Tailpipe Immigrant
  12/02/16
1. police found them and rescued the guy. probably by tracki...
Jet harsh mother den
  12/02/16
but yes, extortionists have already realized that bitcoin is...
Jet harsh mother den
  12/02/16
fuuuuuuuuck
Primrose Milk
  12/02/16
already happens online. look up ransomware. your files get e...
Sooty Bat-shit-crazy Background Story Half-breed
  12/02/16


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Date: December 2nd, 2016 7:08 PM
Author: Low-t Sweet Tailpipe Immigrant

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: Jet harsh mother den

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: Low-t Sweet Tailpipe Immigrant

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: Jet harsh mother den

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: Jet harsh mother den

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: Primrose Milk

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: Sooty Bat-shit-crazy Background Story Half-breed

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)