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$500,000 Worth of Bitcoins Stolen

Posted by ryuzaki0 on from the good-luck-with-that dept.

olsmeister writes "A Bitcoin user allegedly has had $500,000 worth of Bitcoins stolen from him. A hacker supposedly gained access to the user's home computer and managed to get the user's wallet.dat file, which contained the cryptographic keys that allowed him to drain the user's balance."

1 of 622 comments (clear)

  1. Massive transfers by alphatel · · Score: 5, Interesting

    This would explain the laundering activity that has been going on the past 24 hours. The equivalent of the entire market of bitcoins has been transferred to hundreds of accounts in 50k+ increments. Only 6.5m BTC in existence, over 8m BTC in transfer activity. If any of that starts selling, it will collapse the market down to nickels and dimes.

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