Hacker STEALS 600M of Cryptocurrency For Fun Returns HALF Back to Poly Network as a Lesson

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In The Largest Cryptocurrency Heist Ever Recorded In

history, Hackers have stolen over 600 million dollars of cryptocurrency assets from the Poly Network and now have reportedly returned nearly half of it which they are now stating that they just did it for fun, which is going to cause a lot of question marks in the sense of what’s going to happen in the future of cryptocurrency because it’s largely unregulated, and if you could steal over half a billion dollars worth of it is there going to be some sort of government intervention going on in the future, and also they’re measuring this all in us dollars. So we know how volatile the market is so could this potentially have been someone stealing 100 bitcoins and i’m just making a number up right now, but they stole 100 bitcoins. The fact that the Poly network has shown they have. a major vulnerability in their system? So then all of a sudden people have less faith in it. So everybody sells he values it and the hacker returns all 100 bitcoin, but now they say hey you’re only returning to me 200 million dollars with a bitcoin, which it’s the same exact amount so how do you measure the loss.

I Feel Like It Would Be The Same

thing as if I had a very expensive Pokemon card collection and someone burglarizes my home damaged his cards returns a card to me later on, but now they’re worth half of what they used to be worth so am I able to recollect the the damage or the loss and value of my Pokemon card collection because they are the ones that caused it. There’s no regulation on on cryptocurrency that so far so what does this mean for the future. Let’s go ahead and read this article over here from CnBc Right now just to kind of get a good background of what’s going on and they said that more than 600 million dollars of was stolen in what was likely the biggest cryptocurrency thefts ever. The hackers exploded vulnerability in the Poly network and in a strange turn of events on Wednesday. The hackers returned almost half of the funds they stole so they go on to say that the Poly network disclosed the attack on Tuesday and asked to establish communication with the hackers urging them to return the hacked assets stating dear Hacker We are the Poly network team.

We Want To Establish Communication With You And

urge you to return the hacked assets. The amount of money you hacked is the biggest one in D5 history law enforcement in any country will regard this as a major economic crime and you will be pursued. It is very unwise for you to do any further transactions. The money you stole are for tens of thousands of crypto community members Hence the people you should talk to us to work out a situation. Then here’s the the poly network contact email the one thing I would say with this is the idea that they say that they disclose the attack, meaning you would think they’d want to keep it secret for as long as possible unless they weren’t operating from a position of power.

This Whole Thing Saying Were Asking

you kindly to give it back to us or else we’re going to reach out to law enforcement across different countries and continents. I don’t. Really believe this is a thing where they think that they can get it back otherwise They’d be going through a much different pathway and also this whole thing with there’s mate. This is a major economic crime. There’s other countries coming after you now.

I Know That What Was It The Pipeline

over in the the southeast of the country in the Usa had a major attack. They gave all their money over in cryptocurrency, and that money was just gone with the wind. I would think that something like the Us government or the U. s oil companies would have enough power money and assets to throw any law enforcement at them where they could get it back. I just don’t know maybe the poly network sensei or a tech company and they are in cryptocurrency.

They Know More About It Than

maybe the Us government, but I’m just. Not certain because maybe I’m just ignorant to the facts, but reading on it says that the Poly Network said Hey the amount of money you hacked was the biggest in defy history and then the hackers started to return the funds. They sent this message to the Poly network embedded in a cryptocurrency transaction, saying they were ready to return the funds. The d5 platform responded by requesting the money sent to three Crypto addresses, So ethereum BSc Polygon and then as of 7 am London time, more than 4. 8 million had been returned to the Poly Network addresses by 11 a.

M Eastern Time.

About 20 258 million had been sent back and then they go on to say I think this demonstrates that even if you steal crypto assets laundering them and cashing them out is extremely difficult due to the transparency of the blockchain and blockchain analytics. In this case, a hacker concluded that the safest option was to return the stolen assets. Once the hackers stole the money, they began to send it to various other cryptocurrency assets. Researchers at security company Slo-mist said a total of more than 610 million worth of cryptocurrency was transferred to three addresses.

So What Im Reading Here Is

I’m saying that it was going to be very difficult for them to actually escape with the money. They have the cash, but they don’t know how to spend it type of thing like in all those heist movies, but this almost highlights the fact that they say they probably thought it was going to be hard to to move the money around which correct me in the comments If I’m wrong the anonymity of the blockchain and the sole reason people invest in bitcoin is the idea that they can get away with the money, but maybe I’m wrong and the idea that they said that they sent the money of 610 million dollars worth of cryptocurrency transferred to the addresses doesn’t it start to say that they were able to get away with some of the money at least but reading on it. says that the Poly Network urged Cryptocurrency exchanges to blacklist tokens coming from the addresses that were linked to the hackers, which to me thinks that this is almost like when a bank vault has like the blue dye inside the the briefcases or maybe that’s just something in a movie. I don’t know but the idea that they want to start to blacklist tokens where they can say hey you can take it just like at the apple store. You can snatch the phone out of the store and run away, but then the apple store is just going to disable that phone and say hey.

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  • potentially stealing 100 bitcoins
  • market potentially stealing 100 bitcoins
  • cryptocurrency thefts hackers exploded vulnerability

This Is Useless.

You got to return it to the apple store, making it so it’s kind of the deterrent from stealing from them. But then this almost takes away the spirit of intent behind Cryptocurrency so I don’t know if they start. to blacklist tokens makes people less inclined to invest in that crypto so then they’re just going to move on to the next hot thing which I don’t know if any of those exchanges are going to actually implement a blacklist token and potentially devalue their currency, but reading on from the article over at NBc News, where they said that the hacker behind the 600 million crypto heists claims they just did it for fun which I don’t know if I really believe that but then also going into what I was saying earlier how they say. For example a token backed by billionaire Mark.

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Cuban Recently Dropped From Sixty Dollars

to several thousandths of a cent and a apparent bank run which makes me wonder they did it for fun. But then could they have potentially devalued that 600 million cryptocurrency all those different tokens to half of. It, I don’t think you can claim that was just for fun when people are losing lots of money potentially half a billion dollars worth but in the Q a section embedded within the digital currency transaction on Wednesday, the person claiming to be the anonymous Hacker explain their reasoning behind the hack just for fun or fun quote-unquote so that I don’t know if you can really get away with that claim still but but reading on from Bbc News where they say they returned 600 I’m sorry 260 million dollars of funds. They go on to say that the hacker published a three-page long Q and a session on one of the blockchains, essentially in the form of a self–interview. The hacker claimed to have always planned to return the tokens and said the heist was carried out to highlight vulnerabilities and the poly network software and he goes on to write.

I Know It Hurts When People Are Attacked

but shouldn’t They learn something from those hacks and this is almost like I want to call this a robin hood thing because he’s not stealing from the rich and giving you the poor he’s just taking from what I imagine is middle-class poor possibly some of the rich too where just taking from the people teaching them a lesson and giving them some of the money back possibly stashing something for themselves as well In a sense of hey. I taught you this lesson now I’m gonna compensate myself. I don’t know if they can really say it’s for fun, but then they go on to say the hacker claimed to have spent. Night looking for vulnerabilities to exploit they said they were worried that the Poly network would patch the security flaw quietly without telling anyone, so they decided to make take millions of dollars in cryptocurrency tokens to make a point, but they stress that they did not want to cause a real panic in the Crypto world, so they only took important coins leaving behind dodge coin or Dogecoin.

The Cryptocurrency That Started Off As A

joke which in this bizarro-topsy-turvy world. It’s a thing of the internet wouldn’t ever harm something created by the internet. Like Dogecoin is the internet’s baby so they’re just going well. They’re all the internet’s baby, but Dogecoin is like the memesters of the internet their baby and they’re not going to harm it oddly enough making Dogecoin one of the safer places to store your money.

I Know Know Its A Joke And

I know that the market cap’s insane. I know the coins get dumped into that into Dogecoin every single day, so it’s not the safest but the idea of hackers won’t touch Dogecoin because it’s our buddy and I’m thinking is this hacker like some guy that’s on behind that that’s out there to steal money or is he v from Vendetta where it’s just like he has some sort of purpose behind the the mayhem he causes or the things he does and he just sees himself as some sort of hero. I don’t know maybe I’m looking into it too far, but then they go on to say Mr. Robinson states I wonder if the hackers stole the funds realized how much publicity and attention they were getting and realized wherever they moved the funds they would be watched and decided to give.

It Back And I I Just Dont

believe that right there. I don’t think that someone is so smart. They can go into an establishment that writes code to to transfer cryptocurrencies and he’s smarter than them but not smart enough to.

Summary

Hackers have stolen over 600 million dollars of cryptocurrency assets from the Poly Network and now have reportedly returned nearly half of it . They are now stating that they just did it for fun, which is going to cause a lot of question marks in the sense of what’s going to happen in the future of cryptocurrency because it’s largely unregulated, and if you could steal over half a billion dollars worth of it is there going to be some sort of government intervention going on . The hackers exploded a vulnerability in the Poly network and in a strange turn of events on Wednesday, the hackers returned almost half of the stolen assets which they are now saying it was just a fun thing to do for fun . There’s no regulation on on cryptocurrency that so far so what does this mean for the future, and also they’re measuring this all in us dollars. So then all of a sudden people have less faith in it. The hackers say it would be the same thing as if I had a very expensive Pokemon card collection…. Click here to read more and watch the full video

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