\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

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

completely fucked
Aromatic fat ankles garrison
  12/02/16
already happened in taiwan. a rich guy from hong kong was ki...
pink big jap resort
  12/02/16
did they get paid? and is there really zero way to trace it?
Aromatic fat ankles garrison
  12/02/16
1. police found them and rescued the guy. probably by tracki...
pink big jap resort
  12/02/16
but yes, extortionists have already realized that bitcoin is...
pink big jap resort
  12/02/16
fuuuuuuuuck
narrow-minded range
  12/02/16
already happens online. look up ransomware. your files get e...
lavender parlour
  12/02/16


Poast new message in this thread



Reply Favorite

Date: December 2nd, 2016 7:08 PM
Author: Aromatic fat ankles garrison

completely fucked

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



Reply Favorite

Date: December 2nd, 2016 7:11 PM
Author: pink big jap resort

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)



Reply Favorite

Date: December 2nd, 2016 7:12 PM
Author: Aromatic fat ankles garrison

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)



Reply Favorite

Date: December 2nd, 2016 7:15 PM
Author: pink big jap resort

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)



Reply Favorite

Date: December 2nd, 2016 7:17 PM
Author: pink big jap resort

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)



Reply Favorite

Date: December 2nd, 2016 7:12 PM
Author: narrow-minded range

fuuuuuuuuck

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



Reply Favorite

Date: December 2nd, 2016 10:59 PM
Author: lavender parlour

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)