Six UK Teens Arrested For Being "Customers" of Lizard Squad's DDoS Service
An anonymous reader writes: UK officials have arrested six teenagers suspected of utilizing Lizard Squad's website attack tool called "Lizzard Stresser". Lizard Squad claimed responsibility for the infamous Christmas Day Xbox Live and PlayStation Network attacks. The teenagers "are suspected of maliciously deploying Lizard Stresser, having bought the tool using alternative payment services such as Bitcoin in a bid to remain anonymous," an NCA spokesperson wrote in an official statement on the case. "Organizations believed to have been targeted by the suspects include a leading national newspaper, a school, gaming companies, and a number of online retailers."
that it should be illegal to use it against someone against their will... sure.
But to even own it? No.
You can't do system testing without tools that are effectively hack tools. And even if you've no good reason to have it, it isn't the government's place to say what programs we have or don't have.
I've decided to stop wasting my time responding to AC trolls/sockpuppets... so if you want a response from me... login.
just saying.
if this is supposed to be a new economy, how come they still want my old fashioned money?
Bitcoin, as used by most people is not, and has never been, fully anonymous.
It's like having a bank note that records every transaction it is used in. They just back track the transactions until they can find someone they can pressure into giving up personal details. Any US currency to bitcoin exchange should be treated with caution at this point. There's obviously at least one that is cooperating with LEA.
The only bitcoin that is anonymous is the one you find yourself, but good luck with that.
US dollars are busted, just look at all of the arrests for a long itme.
Bitcoin is no more busted than a balaclava used for anonymity by a person robbing a bank who leaves his fingerprints everywhere and then drives his own registered car away from the heist.
Bitcoin offers anonymity in the wallet alone. It's not possible to identify individual people in a bitcoin transaction at the time of transaction without looking at other details the most obvious of which are IP address, or the times people convert hard currency to bitcoin and visa versa in a traceable fashion.