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20038616 No.20038616 [Reply] [Original]

First off, sorry if this has been discussed already.
Somebody either made the fat finger of a lifetime, or something more nefarious is at play here.
Anybody have any ideas what the motivation would be in executing such a transaction?
link:
https://www.vice.com/en_us/article/z3e4v8/someone-mysteriously-paid-25m-to-send-133-in-ethereum-cryptocurrency

>> No.20038818

>>20038616
drug cartel

>> No.20039156

>>20038818
money laundering was discussed as a potential explanation but I seriously don't buy it, ETH has 15 second block times and you'd need to mine that block before anyone else to try to launder it through the mining pool. If someone else mines the block instead you're fucked. You can't really mine blocks ahead of time on Ethereum. I think it was a fatfingered transaction with shitty wallet software.

>> No.20039705

Imagine mining that block...

>> No.20039749

>>20038616
how is defi supposed to do anything when you spend all your profits in gas fees

>> No.20039778

>>20039156
If you sign the transaction and give it only to the pool to put in their block you can guarantee that they will be the ones to mine it.

>> No.20040174

>>20039778
this

>> No.20040302

>>20038616
Already been settled two weeks ago. You guys are slow af. I'd recommend getting out of crypto. Just gonna get got buying another man's sloppy seconds if you are this slow.

https://news.bitcoin.com/ethereums-5-2-million-fee-scandal-explained-exchange-held-to-ransom-by-hackers/

>> No.20040416

>>20038616
Money laundering 101. Not a fat finger

>> No.20040466

>>20038616
money laundering

>> No.20040524

>>20040416
>>20040466
kinda bait, isn't it? this transaction managed to get global attention. money launderers probably would do small transactions to go undetected. the person probably wasn't thinking clearly and was kind of throwing it away

>> No.20040574

>>20040524
i used to play online poker and when you're on a losing streak and start throwing your money away its called getting tilted. this guy prob lost a bunch of trades, got liq'd was steamed and tilted and threw his eth away lol