Quote from: babanana on June 21, 2018, 12:47:55 PM

Quote from: cellard on June 21, 2018, 12:30:27 PM

Quote from: babanana on June 21, 2018, 12:00:08 PM

Quote from: Gileadorji12 on June 21, 2018, 08:11:00 AM

$31 million in the hand of hackers.....Bithumb Why?
When will all these crypto hacking Stop for the sake of
mooning?

$31M that he can't touch. Less in circulation but retained in capital. Means higher price per whatever token the hacker holds.
There's always a positive side.

So why can't he touch if? If he stolen it then it means he owns the private keys (well or they, im not sure if it is a group or a one man job). It could also be the usual insider job in which exchanges scam people by claiming a robbery but in reality it's just them getting the money and running.

Most hackers attempt to money launder their millions in order to live a lavish life, this means that they will attempt to sell for $ in unregulated OTC markets. This shouldn't have an impact on the market since the market follows exchange rates and not OTC rates. I just doubt they will hold it all. But even if $31 million were to be dumped in an exchange it would do nothing, it's a tiny amount for Bitcoin nowadays.

On the assumption that the hackers wallet is tagged. Like previous instances of exchange hackings. Once it reaches exchange platform, coins are frozen.
If its indeed 'rob me please' then that's another story.

Coins can easily be mixed these days, so an exchange that has tagged certain coins wouldn't be able to to tell if these coins come from a thief or not. I did some testing of mixing myself out of curiosity and mixers are really advanced these days, it's a waste of time trying to trace transactions after mixing, you just can't. Unfortunately im afraid that these mixed coins I used for testing I will never be able to sell now (I want to buy a house eventually once BTC is worth a lot) so I can't really spend these, since I wouldn't be able to prove the origin of the coins being legal..

But anyway, point is, mixing really works, and unfortunately criminals can get away with it if they mix and sell OTC to someone that doesn't care were coins come from.