Maybe ‘hacked’ is slang for ‘oh wow our accountants ****** up and now we owe $50M – guess we’re pulling from the investor accounts!’
Generally, people who know how to make a bunch of money, also know the “tricks” necessary to keep a bunch of money.
Those fuckity *****!
These hacks are inside job. I dont really think that real hackers are just going to try to hack a wallet or exchange or whatever it is that they target.
The owner of these exchanges will just dissapear with all the money, get a new identity or transfer everything to someone close to them. Then just buying propeties, invest in other companies and get life going.
Also anti-virus companies created viruses and weight loss commercials fatten people up for “before” photos.
Except that would assume 100% of profits are taxed…
If you’re paying taxes of $50m, you’re making probably around $200m profit. Losing $50m in a hack would mean you still have to pay taxes on $150m…
Who wants to pay taxes? nobody, amazon, facebook etc. only grey people pay taxes.
except those coins generally get black listed. if you cant cash them out after lableing said hack.. they are uuseless.
and no dont say OTC , every desk does chain analysis on offers before they accept it for AML purposes.
I believe this person might be on to something…seriously
Seeing how things work with a crypto currency exchange, we can only say that to get in, you must a really tight security.
Therefore, the hackers are extremely skilled or your theory is right.
In both cases, this is bad for the image of crypto in general.
Interesting. But can it be proved? Also, an exchange will lose much more money by hacking itself and losing its users
Same strat works for homework’s too!
Does anybody look to see where the tokens go after a hack?
Everyone states that criminals get caught using BTC as payment by governments because of a token trail.
What about all the tokes stolen from Mt Gox?
“I would pay you your fair share, you see, but I’ve just been robbed for that exact amount. Oh no!”
Nice, gonna tell IRS my wallet got stolen. No taxes boyeee!
It’s like when we have a boating accident before April – except with a bigger boat.
i don’t think a tax authority wipes out your tax debt just because you got hacked/robbed…
Mashation is meft, so more power to them…
But not if they defraud/scam their customers – that is real crime.
I could see that actually happening.
Not your keys, not your coins.
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