On several occasions we have stated that the largest theft of cryptocurrencies occur spontaneously and with large volumes. From the theft of a company to the portfolios of particular users, attacking once and for sums of money in the millions. Recently, however, in France they caught the third biggest thief of Bitcoin in the country, which he stole for a whole year. According to the portal of national media, Le Parisien, this theft happened due to the desire for vengeance of the person. Explain the events that are reaping from the end of 2018.
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Revenge with Bitcoin
Apparently, the French 37-year-old was fired from his own startup when discussed in the board of directors. The entrepreneurship is focused on the management and support of the Bitcoin of the people in France, most of all in Innovation&Technology, IT. However, upset at being fired from the company he founded, he decided to attack the people who remained inside. The manner by which the act was hacking to an employee for minor charges to be able to access the system. Once inside the system, proceeded to steal small amounts of Bitcoin from day to day; this way you do not would trigger the alarm of the platform. In this way, he managed to seize a total of 182 Bitcoin, adding up to an approximate of more than a million dollars. This task took him about a year to be finalised, given that it started in December 2018 and was captured on December 20, 2019. In addition, it should be noted that to reduce the suspicion, moved to Normandy; being the site where he was arrested. At the time of being captured and interrogated, at the time that you ask him the reasons which made this act, their response was different to the usual. It alleges that their actions are informed by their desires of revenge against the people who betrayed him, attacking their assets more vulnerable, Bitcoin. He currently faces charges for theft in organized gang, laundering of stolen money (in Bitcoin) and fraudulent access to an automated system of processing of data and its subsequent manipulation and alteration. Finally, the communications medium French highlights that this theft has been the third largest in France’s history with Bitcoin. Noting that the mode by which it happened differs considerably from the first two.
Reflection
However, this event may be noted that the security with the cryptocurrencies remains complicated. In the sense that the police officers highlighted that was able to perform this theft so long because it is difficult to trace the transactions with Bitcoin. Considering that the big companies do for their platforms to individual, but in the absence of a universal demands or mandatory, small companies are more vulnerable. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.