TBH I would recommend people read this cause it is a pretty wild story... This guy has a crew and broke in and robbed people in 4 different states! Glad to see his is going to sit behind bars for a while.
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TBH I would recommend people read this cause it is a pretty wild story... This guy has a crew and broke in and robbed people in 4 different states! Glad to see his is going to sit behind bars for a while.
Sounds like someone knows his classic XKCD.
https://imgs.xkcd.com/comics/security.png
lmaoooooo I know I shouldnt laugh but that is way to funny and probably right
What is best defense against a wrench?
Guns guns guns! Like Jameson Lopp
Nah, the government police will protect you. lol
I mean write a report...
So, nothing is safe. What will happen when every thief knows that everyone has coins. Will they not simply put daggers on anyone's throat and ask to transfer.
Okay, now that's done. Police is needed to catch them. Does that mean, we would most probably need police and government in Bitcoin Standard as well?
Robbing people is hard work and people are generally lazy. As robbery rates increase people will take self defense more seriously, making it even more work to the point where just working for bitcoin legitimately will be easier and more lucrative than robbery. Of course crime will still happen, there is no utopia.
110% right! I am amazed he was able to pull off robberies not only in Texas but in Florida as well because the stand-your-ground laws let you take care of the threat to you and your family!
No, geographically distributed multisig and time locks. Fiat money is trusting something else to manage your money. People will stop asking others to manage their personal security. Jurisdictional arbitrage will happen at small scale with municipal and home defense markets growing.
No I dont see the need for police in the Bitcoin Standard. Think about it as other assets... someone breaks in and steals your TV or your watch collection etc. You call the cops and they investigate.
There are already several companies that track crypto transactions for industry like Chainalysis and the police will partner with them to find where the funds went. I couple of these companies have developed ways to track through tumblers as well so even if the thieves do that police can track it.
People arent using a wrench anymore? I cant believe criminals are smart enough to be going after crypto. Can you imagine robbing a place and waiting for the network to verify the funds had been sent? lol
Lol there face when a transaction to move it fails and they have to spend more time just waiting for it to go through
I just think that would be hilarious. Dark humor, I know.
Lmao I agree with ya though!
Clown world!
How did he find his targets?
this would be helpful to know - possibly from the Ledger wallet data breach?
The article says they got access to victims' email accounts. I wonder how.
Sadly that isnt discussed.... it would have been nice just to know who people like him were doing to protect yourself
It was probably KYC data
KYC for sure.
Hundreds of thousands stolen, with a crew of at least 13? Doesn't sound like very good ROI. That's like at most $76,000 per person
I mean it never said they were smart.....
The smart ones don't get caught.
These are called government employees and they make robbing at gunpoint legal (i.e., taxes)
Hey hey now not all government employees don't mix me in with the IRS....
implementing effective security measures is essential for anyone involved in handling or storing cryptocurrencies, because it ensures peace of mind
Here is the mug shot for Remy St Felix from a previous charge a few years ago: https://www.palmbeachpost.com/story/news/crime/2018/08/22/update-state-drops-attempted-murder/7796115007/ | https://archive.ph/Xl388
Remy has a French name.
I wonder if he immigrated from Haiti ðŸ‡ðŸ‡¹. That country is normally so peaceful and prosperous 😂
When it says drain their accounts, do you think this means all the targets had crypto on an exchange?
What is really sad about this, Is I think we are going to see it more and more as bitcoins price increases. Targeting one of these homes could be $500K to a million +.
This is the new form of bank robberies, as actual banks have no real money in them.
Seems like a 'Money Heist' in real world!!