A Reddit user claiming to be connected to the hackers that stole about $65 million in Bitcoin earlier this week announced a plan to give some of the ill-gotten cryptocurrency away to one "lucky" Reddit user.But the community immediately questioned the Robin Hood scheme, suggesting that even if true it could be an attempt to launder the money.Bitfinex, a popular Hong Kong-based Bitcoin exchange, revealed the massive digital heist on Tuesday, saying 119,756 bitcoins were lost when its systems were compromised, allowing thieves to loot users' Bitcoin wallets.The hack caused the value of Bitcoin to tumble by 20 percent, and Bitfinex suspended trading and withdrawals while it investigates.Yesterday, a Reddit user with the name "rekcahxfb" — BFX Hacker spelled backwards — said on the site's Bitcoin section that around $585,000 worth of the Bitfinex haul would be donated to "one lucky winner" in the coming week.The hacker said any user who posted a digital address in the thread would be eligible to win.Related: Bitcoin value drops after hackers steal $65 million worth of itReddit users quickly raised questions about the giveaway, suggesting it was a ploy to launder the stolen money.

One of the top comments suggested the hacker planned to post his or her own address, then transfer the stolen bitcoin to another account they control."Itprovides an additional 'plausible deniability' to any prosecution," the commenter said.bitcoin italia legale"Receiving stolen funds is a lesser crime than hacking, and theft of tens of millions of dollars."Whileethereum downloading chain structureother Reddit users suggested ways to randomize the giveaway to prevent laundering, others wondered whether the purported giveaway was actually a hoax.ethereum possibilitiesAs one commenter pointedly asked, "What kind of a moron thinks this is real?"Follow Keegan Hamilton on Twitter: @wtc bitcoin

50% bounty for anybody recovering 445 BTC stolen from our wallet (self.Bitcoin)submitted by On the 9th of February 2015, somebody gained access to an online computer of ours with a BTC wallet holding 445 BTC.fbi bitcoin holdingThe attacker, that also defaced our desktop with a nice picture of a Moroccan hacking group nicknamed "moroccankingdom", transferred those BTC to 5 different wallets: 16a2pR6UDyeqv1ArQ8hGXJgqVCWfoqbdUr 17MtkE39Ms9gcZBdAWS6QQCyd7qrKdVdzo 1KNgyBny6S5sA9fxU8QJC3bLFHdDAKAabU 12RrvE59LUgcRdgE5W4iPpjcr66GtW6YgV 1EMChJbxPW7vTLyaTh3TBVMm9i8BUPFA1i Those BTC were left sitting for roughly 1.5 year, until a few weeks ago when the thieves found out how nice bitcoin mixers are, and started to mix them, leaving back (to our limited knowledge) nearly no traces.sell bitcoin with skrillThere is an ongoing criminal investigation with the local police authorities but we're afraid they haven't enough forensics knowledge on how to potentially recover these BTC, so we are offering here a 50% bounty (that is, 222.5 BTC) to whoever can recover the said Bitcoins.

The bounty applies also in case somebody provides significant information that may lead the authorities to incriminate the thieves and subsequently recover the stolen BTC, for example, but not limited to, the IP address used by the thieves or an exchange that was used by the thieves to exchange part of those BTC.Of course we still hold the private keys of the wallet where those 445 BTC originated from and, should anybody contact us with relevant informations, we will provide signed proof of ownership.Who knows, maybe somebody knows something that we don't about Bitcoin forensics?Please help us recover our lost funds.... Let's give it a try.π Rendered by PID 13045 on app-518 at 2017-06-24 10:29:20.764413+00:00 running 3522178 country code: SG.Security is simply never perfect.Any amount of bitcoin you trust to humans can ultimately be lost – whether through accident, theft, fraud, or bankruptcy.If you've invested time or money into purchasing bitcoin, it may be wise to invest some time into understanding it more deeply.

Bitcoin is somewhat unlike other currencies – it is most safely held in a true bitcoin wallet, rather than on a website.While it can be comforting to think, "I keep my bitcoin with Company", in reality, you're simply adding your money to an already large jackpot for hackers.No company is immune, and the bigger the target, the more complex hacking attempts can get.For large enough prizes, hackers have gotten themselves hired into the security and critical infrastructure teams at many large institutions – sometimes over the course of years.Shameless plug – I personally use and have contributed to Copay (both as an individual and through my employment with BitPay).I prefer it because I'm able to secure my money across several phones and desktops – protecting me from loss even if several of my devices are lost, stolen, or hacked.If you're interested in spending bitcoin regularly, here is list of wallets which is maintained by BitPay, sorted by the payment standards they support: Bitcoin Wallet Comparison – Standards Support Tried to keep it short, but looking at the comments, it sounds like the Electrum wallet is also quite popular.

Just added it to the list.Tech & Science BitcoinAn online giveaway of 1,000 bitcoins (worth $580,000) has prompted speculation that it is part of an elaborate money laundering scheme by hackers who stole $70m worth of the cryptocurrency from an exchange.On Tuesday, August 2, the popular cryptocurrency exchange Bitfinex (BFX) revealed that it had suffered a major hack, resulting in the loss of 119,756 bitcoins.On Wednesday, an anonymous Reddit user announced the giveaway under the moniker rekcahxfb—a reversal of BFX hacker.“Post your [bitcoin] address below,” the post read.“One lucky winner will receive 1000 BTC [bitcoins] after one week from now.” Tech & Science - Get the best of Newsweek delivered to your inboxSome Reddit users were quick to point out how such a giveaway could work as a guise for money laundering, encouraging other users not to get involved.“He’s going to send the money to an account he controls so that identity can trade uninhibited, claiming it only received stolen funds instead of actually stealing them,” one user speculated.Another user stated: It provides an additional ‘plausible deniability’ to any prosecution.