Post
Topic
Board Bitcoin Discussion
Re: How is bitcoin linked to the main owner?
by
Mate2237
on 02/02/2024, 19:32:33 UTC
Read this fascinating story of a young bitcoin fellow named Jimmy who stole from silk road. The site happened to have a glitch and Jimmy withdrew 50,000 btc. The owner of silk road contacted him when it appeared to him, that 50k btc disappeared from his wallet due to the glitch, but Jimmy afforded him no help. Later, Jimmy transferred $800 to a KYC enabled exchange, and the cops were able to link it back to the stolen 50,000btc from silk road. How possible is this?
It is possible because the movement of the bitcoin was traced from the stolen $50,000 bitcoin and any unit of bitcoin that leave the wallet nor the address was tracked down so whenever location the coins are transfered would be seen but the only different will be the owner of the address will not be known but since the person who stolen the wallet was know and the bitcoin was moved from the hodling wallet to a destination wallet the the person that compromised the wallet must held responsible.