It was not the expected one by the developer of bitcoin.Many hackers targeting the high holder of cryptocurrency to make huge money.Most of the crypto holders move their bitcoin to the cold storage and only few not doing it.Some people who was not alive and hold huge amounts of bitcoin on their wallet will be the first priority of the hacker.This news was very shocking one,the top most person not safe their holding bitcoin.The unacceptable one is it get easy hacked.

With every interaction you make in the outside world or virtual world, you are risking your funds. That’s what I learned from this story. Sometimes knowing less people and having zero interaction with anyone is the best thing for you.

I’ve been getting scam/trojan emails for decades and I’ve never opened them. Most of them can’t make their way into my inbox because the email service is good at blocking them but some of them actually succeeded. And let me tell you, they are getting smarter. They started to construct these emails like it was coming from a friend.

One of these days as I get older and dumber I might click on that filth wondering what it has to tell me.

Could happen to any of us.

We are only as good as our last win.

Yeah a boating accident where the FBI is involved and asking people's data. Do you have any idea what would happen to Luke if the Feds notice he was lying? (that's if he was lying which I doubt) He won't be seeing any day light for a long time probably.

People already mentioned that shit a year ago.

This is not a prank on a bitcoin forum, that's real life. When you lie to the authorities there will be serious consequences. Is there anyone who lied to the FBI and still got away in history? Sure. the question would be, is it worth it?

The amount mentioned in the OP was $3m at that time (216 btc, $15m now), is it worth going to prison to save $5m tax monney?

Would ya? Would yaaa?

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Also don't do post bursting (post one after another without someone else says something first), that's against the forum rules.

segwit was a rushjob to activate, sponsors had deadlines that devs had to be met, even Luke got a pay day for getting it activated before november 2017 corporate contract deadline, even if he didnt personally want it/use/trust it/ care about it as a utility.. money makes people do stupid things

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as for LukeJr's/FBI stuff
seems this latest update assumes Luke JR compromised his keys/computer at that CoreDev Atlanta event

if he cant even remember how many people touched his device holding alot of coins(or access to remote server holding coin).. he should not have had that much coin on a device(or server with access via device) that so many people could touch

hindsight and all.. people should learn from others mistakes..
dont travel with hoards of coin. just take what you need
dont allow people to finger your devices, wallets or your pockets if you dont even know their names

What was stolen ?

btc as in bitcoin core ?

or some other kind of bitcoin:

as in:
bsv ? cw etc

It's interesting update and I only see it today.

Playing around many governmental authorities is not smart and I doubt that Luke planed to do this with this accident theory. He puts himself under investigation from authorities and if he lied, he will be in jail. It is real risk even I am not a lawyer and not live in the USA.

I didn't expect Luke to do that with FBI too. Three-dimensional chess with FBI, FED and more authorities look to be too much risky for Luke. If he initiates the three-dimensional chess, it's unbelievable.

Save tax? Unrealistic. In jail? More realistic.

Sam Bankman or...



Sorry I had to do this.

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I've found fillippone's reaction a bit weird too. What's wrong with calling the FBI? Isn't it their job to catch the criminals? Do we automatically convert to criminals when we use Bitcoin?   Our protector and savior the government save us from these bad people!

Have they managed to trace the stolen 216 BTC?

I would expect chain analysis to be involved in such a theft...

by all accounts and use of common sense to stitch the stories/revelations together

he did not use seeds, he did not use passphrase.
he had funds on LEGACY private key(which pre-dates seeds) on a hotwallet accessible via a server, which was accessible via a device which he carried with him to a conference/meetup which he must have allowed strangers/multiple people access or exposure to

passphrases, seeds, private keys are only secure if they are cold stored(airgapped/physically not on a device)... and not in a active wallet of an open node thats is remotely accessible/stranger accessible

it doesnt matter in this case if its a passphrase, seed, private key if key(of any format) is in a node is operating as a hotwallet

eg a desktop login password is only as good as the human ensuring they log out when they step away from their desk