Is it widely assumed the thief is North Korea?
> Some of the stolen Bitcoin successfully laundered last year has been traced to a wallet known to be used by Russian-linked criminal groups. Elliptic says this could point to the involvement of a broker or other intermediary with a link to Russia.
IMO, the most compelling story is that the thief is an attacker who had previously gained access, saw the news, and acted quickly to grab what they could. Security was not exactly a priority for these people.
Russia sells oil to India, India puts rupees or some other representation of currency into an Indian bank account and then Russia buys some finished Indian goods from that bank account.
This isn’t far from regular banking where everyone just tries to keep flows balanced. All that’s new is being unable to directly “balance” payments if they go out of whack too much.
Do they lose a few percent doing this? Probably, but the spike in oil prices makes up for it.
Plus India and relatively reasonable countries are not especially keen on trading with Russia, while they are friends they also want to be friends with West. Remember India has big problems with China and who's gonna help them against China? not Russia
A few countries got themselves in a pickle after shutting down local coal production in favour of cheap and cleaner Russian gas…
Given the degree of surveillance he is under, he probably didn't directly execute the sale (but I wouldn't bet too heavily even on that.)
I don't think a CEO can just take money from the company without some form of approval. Isn't that embezzlement?
And, in any case, avoiding attribution would be important whether or not he was CEO and especially if done when FTX was still pretending to be a viable business, since embezzlement isn’t legal and the CEO running off with a bunch of corporate assets kind of kills trust in the business.
In the Ross Ulbright case the FBI got the bitcoin and then the two FBI agents stole it.
In the FTX case the crypto was taken from the exchange in the days before it declared bankruptcy so the FBI was not invovled.
Not sure where you read that they were. Can you provide a source for that?
Being _known_ by the FBI doesn’t stop crime or terror attacks. More often than not when something big happens the FBI was already tipped off, an investigation started and then somehow someway the crime/attack/incident still happens.
Occam’s Razor says it’s an employee, perhaps SBF himself (because #yolo).
You have your facts completely mixed up. The man falsely accused by Reddit, not the FBI, had died a month before the Boston bombings occurred. The entire reason he was accused by Reddit is because he was already known to have been missing. His body was subsequently discovered more than a month after he died.
The guy he's talking about was already dead weeks before the Boston bombing occurred. Reddit could not have been responsible for his death, reddit libeled a dead man.
Source? As far as I can tell it’s still considered to have been North Korea
It doesn't appear to be anywhere near as solid as that.
https://en.wikipedia.org/wiki/2014_Sony_Pictures_hack#Doubts...