Why is this such an issue with crypto?
Wealth status is often very well known for public figures and entrepreneurs. People are driving around in $200k cars.
Is it due to the liquidity of cryptocurrencies that $5 wrench attacks work better?
Wealth status is often very well known for public figures and entrepreneurs. People are driving around in $200k cars.
Is it due to the liquidity of cryptocurrencies that $5 wrench attacks work better?
Also, a decent proportion of crypto-millionaires came by their riches in... not entirely above-board ways (in particular, securities fraud; all those pump and dump scamcoins are paying off for _someone_), and may be reluctant to involve the authorities. And the crypto industry as a whole is unusually comfortable with extortion; hacked crypto companies paying a kind of bounty to hackers to get the rest of the funds back is a common thing.
That is simply not going to happen.
You'd be lucky to complete this in less than a week.
This is actually more difficult than it sounds. Most banks and crypto exchanges won't allow a person to make meaningfully large crypto transactions without some account history.