Lets say hypothetically you hacked a cex and got 150M worth of crypto. Whats your next move?

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Anonymous Mon Sep 28 09:50:09 2020 No.22883248 [Reply] [Original]

Lets say hypothetically you hacked a cex and got 150M worth of crypto.
Whats your next move?

>>	Anonymous Mon Sep 28 09:53:06 2020 No.22883316 Keep the good stuff dump the shit >where to dump If you don't know, you are not meant to know

>>	Anonymous Mon Sep 28 09:54:25 2020 No.22883341 buy poorfag apparently

>>	Anonymous Mon Sep 28 09:55:40 2020 No.22883372 >>22883248 make a bot that convers all that money into other crypto at little amounts and then proceed to dump those different coins through diferent dexes in little amounts too

>>	Anonymous Mon Sep 28 09:56:57 2020 No.22883403 >>22883248 offer to give it back if the cex operator will let you keep 10% of the loot as payment for 'security services rendered'

>>	Anonymous Mon Sep 28 09:57:19 2020 No.22883415 I would sell all my shitcoins on uniswap and send all the eth to tornado cash wait a few years and cash out

>>	Anonymous Mon Sep 28 09:59:07 2020 No.22883448 >>22883248 you figure that shit out before you hack the cex retard, and execute it instantly now everyone in crypto is tracking your moves laughing at your incompetence

>>	ew5423 Mon Sep 28 09:59:31 2020 No.22883455 >>22883372 pls sir do the needfull if that help you out 0x749BF5e8DE4fb44f14dE3B1498852dc0471bE8a8

>>	Anonymous Mon Sep 28 10:00:19 2020 No.22883470 Next move is to report gains and pay taxes

>>	Anonymous Mon Sep 28 10:00:41 2020 No.22883476 Use it to pump my nigger bags on Uniswap.

>>	Anonymous Mon Sep 28 10:00:46 2020 No.22883479 >>22883248 Two girls at the same time

>>	Anonymous Mon Sep 28 10:00:59 2020 No.22883484 File: 28 KB, 320x362, 1597136442259.jpg [View same] [iqdb] [saucenao] [google] Open a Swiss bank account and dump all the money in there.

>>	Anonymous Mon Sep 28 10:01:42 2020 No.22883501 All in kleros

>>	Anonymous Mon Sep 28 10:05:02 2020 No.22883574 >>22883248 I wouldn't steal the whole 150M but just like 100 to 500 eth to send to tornado. Probably no one other than the exchange would notice. I have yet to see someone explain how to get the whole 150M and I'll be waiting in this thread

>>	Anonymous Mon Sep 28 10:05:17 2020 No.22883582 I would help a 3rd world poorfag like myself

>>	Anonymous Mon Sep 28 10:06:30 2020 No.22883615 >>22883248 Move 5m into my wallet and give the rest back. Tf am I gonna do with all of that money?

>>	Anonymous Mon Sep 28 10:07:45 2020 No.22883651 >>22883248 Tell me if i'm being a brainlet here but couldn't they just dump it into Monero and from there you're clean since it's a complete privacy coin?

>>	Anonymous Mon Sep 28 10:07:59 2020 No.22883658 >>22883574 I mean more like 1000+ eth as I just saw there are ~1500 100 eth deposits on tornado

Anonymous Mon Sep 28 10:11:50 2020 No.22883764

>>22883372
It would've been better to dump large amounts with high slippage and gas price ASAP. To drain maximum ETH from the pools before the LPs and teams had time to respond.

>>22883415
Better to swap the ETH for XMR in OTC trades at a discount. Your counterparties would be paid a % to deal with the long slow process of mixing the ETH.

The hacker is clearly a noob. At least he made a giant advertisement for how most ERC20 tokens are centralized dogshit. XMR couldn't have paid for a better advertisement.

>>	Anonymous Mon Sep 28 10:12:18 2020 No.22883777 I would give it to /biz/.

>>	Anonymous Mon Sep 28 10:14:15 2020 No.22883819 >>22883248 something something xBTC.

Anonymous Mon Sep 28 10:17:15 2020 No.22883905
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>>22883448
I've been spending the weekend away from my computer because I didn't wanna see a dumpster fire. What is the hacked doing that's making everyone laugh? Are they leaving breadcrumbs to accidentally selfdox?

Anonymous Mon Sep 28 10:27:17 2020 No.22884091

>>22883905
He sent 50k USDT to another address:
https://etherscan.io/tokentxns?a=0xeb31973e0febf3e3d7058234a5ebbae1ab4b8c23&p=2
Tether froze his 19.8m USDT several hours later.
He could've swapped the 19.8m USDT for 50k ETH on Uniswap in a single transaction.
The AMPL dogshit also had enough liquidity to swap the whole lot for 28k ETH before they froze it.
He made the same mistake on several tokens. He gave the teams time to pause the contracts or announce migration to new contracts.

>>	Anonymous Mon Sep 28 10:30:48 2020 No.22884164 >>22883764 >swap monero at OTC sales They would know your address? They would block it and not allow you to transact right? Since they will be in possession of tainted money

Anonymous Mon Sep 28 10:38:13 2020 No.22884316

>>22884091
lmfao okay that IS funny. Last I checked he was sending shitpost transactions to wallet addresses like PlzGive1BTC and GetPWNEDn00b. I thought they was the silliest thing he could do unless he's an Indian or Chink since it makes it easier to deduce he's American.

>>	Anonymous Mon Sep 28 10:46:28 2020 No.22884483 couldn't he put it on a hardware ledger and sell it to someone with more capabilities at cents to the dollar?

Anonymous Mon Sep 28 10:52:22 2020 No.22884613
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Honestly, I don't get how this dude had the know-how to hack a fucking exchange but doesn't even have the foresight to hide his tracks in fucking CRYPTO. Like what the fuck? This is blowing my mind. It must be a fall guy who was promised a portion of the wealth or something. Why the everliving fuck would you concert any of that shit into USDT? Why the fuck would you not write a script to make a shitload of transactions into new wallets to spread the trail and make it harder to track? Why the fuck wouldn't you liquidate into true privacy coins?

To answer OPs question, I would spread the wealth to a shitload of different wallets. No single wallet should have more than maybe 100k worth but even that is probably pushing it. Because it's being done by a script, it shouldn't matter if it leads to hundreds of wallets - the more the better. Then have a script that slowly converts the shitcoins into something like XMR on a DEX. From there you can be extra cautious and spread them to newly generated wallets again JUST IN CASE. From there you're good, you kw have hundreds of wallets with millions in XMR combined. You can hold onto that shit if you want because XMR isn't going anywhere so long as the darkweb markets exist, and you can little by little concert some into other coins if you REALLY want. But because the wallets only have a few thousand XMR in them each it won't make anyone suspicious. The first few steps need to be executed quickly before too many people start tracking you and trying to stop you, but once you're at the XMR stage there's nothing anyone can do anymore. .

Someone my master plan? I don't think there's a flaw in it, but then again I'd be lying if I said I was 100% knowledgeable in tracing crypto transactions. I'd assume that with this level of obfuscation, only the initial fund spreading would be easily trackable via automated analysis.

Anonymous Mon Sep 28 10:56:01 2020 No.22884695

>>22884164
There are OTC counterparties who would knowingly buy tainted ETH with their XMR at a % discount. People who want to earn 10% or 20% for taking tainted ETH and mixing it.

The hacker could mix the ETH himself, but the tornado anonymity set is small. He would have to deposit 100 ETH, wait 1-2 days, withdraw 100 ETH to a fresh address, swap the 100 ETH for XMR using a fresh exchange account everytime. Easier to outsource that process to multiple couterparties who would simply send him XMR for the ETH at a discount.

>>	Anonymous Mon Sep 28 10:57:26 2020 No.22884734 >>22884091 Ahahahaha get fucked OP, serves you right for stealing from people.

>>	Anonymous Mon Sep 28 11:00:46 2020 No.22884816 create a telegram channel then id sell at a 75% discount for xmr

Anonymous Mon Sep 28 11:00:52 2020 No.22884821

>>22884613
It also goes without saying that you'd never fucking cash any of this shit out until. At least not any time soon. If you wanna live life like a king, wait like a year or something after having your wallets do tons of automated transactions so there's consistent movement. Don't shit your job or buy expensive shit, keep livinglife as if nothing happened. After your year of waiting, you can do something stupid to purposely get fired or something. Use what little legit savings you have to "soulsearch" around the world and find your way to some SEA country where they wouldn't give a fuck. Don't cash all your shit out at once, but from here you should be able to slowly bring your money out of crypto and into real made-it money. By then I don't think anyone will be on your trail anymore but you could always put in the extra effort of "investing" into shitcoins they you purposefully PnD.

I wonder if crypto whales do this? Just PnD shitcoins they have no real value just so they can launder illict crypto gains. "I got in on DickCoin when it was shilled on /biz/ and got out before the whales crashed it! I'm rich!!!"

>>	Anonymous Mon Sep 28 11:02:26 2020 No.22884866 >>22884816 ah about the frozen stuff as others said that needed to be planned out before the hack since he stole a bunch of centralized shit that can be frozen

>>	Anonymous Mon Sep 28 11:03:53 2020 No.22884904 >>22883248 buy Monero at a DEX unironically

>>	Anonymous Mon Sep 28 11:04:48 2020 No.22884923 buy LINK

>>	Anonymous Mon Sep 28 11:07:21 2020 No.22884989 Airdrop $100M worth of stolen crypto to /biz/tards creating massive disorder, while I wash my $50M into several privacy coins cash out.

>>	Anonymous Mon Sep 28 11:08:12 2020 No.22885020 >>22883248 Put it all on red

>>	Anonymous Mon Sep 28 11:09:11 2020 No.22885051 >>22883403 This is the best play

Anonymous Mon Sep 28 11:11:39 2020 No.22885114

>>22884866
He had 14 hours to swap the USDT for ETH before Tether froze it. He could've swapped 100% of it in a single transaction on Uniswap.
He had 20+ hours to swap the other dogshit tokens before they paused/migrated them too.
The hacker is clearly a noob.

>>	Anonymous Mon Sep 28 11:12:59 2020 No.22885151 >>22883248 pls sir think of my village, even $10,000 will help me amazingly do the needful good sir 0x1c7C13756d70a3150CaaDdf10861eb11634d2731

Anonymous Mon Sep 28 11:15:09 2020 No.22885204

>>22883248
if I get the private keys to $150mm in crypto, I'm flash loaning a leverage long on eth, generating a smart contract to dump the ERC assets, dumping all the hot wallet contents in one block, and forwarding all the eth to a burn address.

then, separately and uniquely, I'm opening an unconnected futures short as a hedge in the incredibly likely case that eth devs back up the tx data to invalidate that transaction and then the eth market dumps again.

if all that doesn't work, well, I've always got $15m in BTC to fall back on that will allow me to live in my private island once I've washed it through xmr.to

>>	Anonymous Mon Sep 28 11:19:03 2020 No.22885303 >>22885114 Maybe he was just tired and wanted to take a break

Anonymous Mon Sep 28 11:19:18 2020 No.22885310

>>22883574
you'll never get all the $150mm. best you can do is execute mass erc sales dumping the alts and executing flash loans against the same block to arbitrage it. that would likely get you close, but in all likelihood VB would step in again and fork the chain just like they did back in 2016, leave you stranded with $15mm in eth classic you can't trade on any cex lol

Anonymous Mon Sep 28 11:23:40 2020 No.22885441

>>22885114
the usdt was definitely a bonehead move
bet he didnt know they could blacklist his address tho

at the end of the day he lost $20m of around $75m

most likely they have his original IP desu
unless he proxied up day 1 on all the exchange sites

>>	Anonymous Mon Sep 28 11:30:39 2020 No.22885638 >>22883764 Where can you trade eth for xmr without kyc?

>>	Anonymous Mon Sep 28 11:34:19 2020 No.22885749 >>22885441 $130m worth of his centralized dogshit ERC20 tokens were frozen or migrated to new contracts. He's left with approximately $70m out of the $200m total.

Anonymous Mon Sep 28 11:39:45 2020 No.22885897

This level of attack is either has Gov't backing or rival exchange. Of the many shitcoins stolen as well as BTC & ETH some of the companies have taken a serious hit, not just financially but to their brand image (NOIA network) The money may not be the only incentive.

Anonymous Mon Sep 28 11:44:12 2020 No.22886062

>>22885638
LocalMonero doesn't require KYC.
LocalMonero could freeze the XMR in escrow if they saw they were trading with tainted ETH.
In that case he could move to dealing with his counterparties directly in jabber or Telegram. He would have to do small transactions like 10 to 50 ETH to minimize the loss if a counterparty takes the ETH and doesn't send the XMR.

Anonymous Mon Sep 28 11:50:29 2020 No.22886244

>>22884613
>>22884091
>>22883248
if this nigger was smart, he would send free money to millions of anons addresses at random, thus being a robinhood crypto hero and remaining undetectable...

how can governments come for millions of anons who literally just got money for free haha.

Anonymous Mon Sep 28 12:04:11 2020 No.22886604

>>22884821
no the play is to move to a tax haven and cash out the crypto while a resident of that country. what you then do is move to a real proper country (america) because tax havens are usually shitholes. if youre wise you would place it in shell companies just like the ultrarich does and finance anything you want from there, and IRS/HM revenue cant do shit about it.

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