Drug dealer loses $60 million in Bitcoin when landlord unwittingly tosses codes

His DCA was under $10 BTCUSD.

HTF did the Feds find his stash? Access to his Gmail accounts?

 

This is the lack of crypto currency, because there is no regulation, there are no guarantees, I understand that many people have earned through this, but on the other hand, it is so insecure and difficult, and it is adventurous to some extent that I am happy that I do not buy these assets...

 

Cryptocurrencies will eliminate banking, it's the future of money, blah blah blah

 

Just watched a special on it, they cracked the code that made it all worthless so don't really think so, called The Simpsons!

 

Well the security aspects of crypto has certainly not lived up to billing.

 

And as someone that loses stuff a lot, trusting me holding onto data keys that release my money and no other way, sounds kinda as this dealer will admit, stupid.

 

Well, of course a drug dealer is using crypto. No great shock there.

 

Throw in hitman and about the only real use where you'd accept your value halving in no time.

 

It's apparently safer to bury your money in a plastic bag in the back yard.

 

Lad in the post office other day was swapping GPB for EUR then 10mins later swapping it back, think he was worried the money he'd stolen was hot and they had the numbers.