this post was submitted on 21 Feb 2024
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‘FBI pwned me’: Lockbit cybercrime gang faces global takedown with indictments and arrests — 200 crypto wallets frozen, 11000 domains seized, 14000 rouge accounts closed::An international law enforcement operation led by Britain's National Crime Agency and the FBI has arrested and indicted members of the Lockbit ransomware gang, in an unprecedented police operation that has struck one of the world's most notorious cybercrime gangs.

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[–] [email protected] 2 points 7 months ago
[–] [email protected] 0 points 7 months ago (3 children)

But crypto is untraceable and can't be frozen, it's your money!

Have my crypto bros led me astray? Is it all just a pyramid scheme? 😢

[–] [email protected] 4 points 7 months ago* (last edited 7 months ago)

It's not untraceable when your addresses are public so people can send you money, and if you want to exchange it for dollars you have to sell it somewhere - usually people even keep it on a public exchange which completely voids all of the benefits.
Kinda like having a VPN where you publicly advertise what IP you use, what sites you visit, and keep a list of it all on your PC that the police get when they raid your home.

VPN gives you privacy, and crypto is untraceable and cannot be frozen, but only if they are used right.

[–] [email protected] 4 points 7 months ago

They probably mean accounts on exchanges.

Kinda hard to lock a wallet u don't have the seed for.

[–] [email protected] 3 points 7 months ago

most cryptos are pseudonymous. so, nobody knows who you are until you inevitably tie that pseudonym back to yourself somehow. like if you attempt to cash out, or use that pseudonym (wallet) to pay for something that could be linked to your real identity.

[–] [email protected] 23 points 7 months ago (2 children)

Crypto wallets.. frozen? Lol

[–] [email protected] 3 points 7 months ago

lol not your keys!

[–] [email protected] 27 points 7 months ago

Article says "cryptocurrency accounts" not wallets which makes more sense

[–] [email protected] 76 points 7 months ago (2 children)

14,000 rouge accounts closed? That's a lot of blush.

[–] [email protected] 15 points 7 months ago

Can't make it up!

[–] [email protected] 42 points 7 months ago* (last edited 7 months ago) (1 children)

Sounds like the foundation of the kind of thrilling story you can't just makeup.

[–] [email protected] 23 points 7 months ago (2 children)
[–] [email protected] 1 points 7 months ago

I bet the crooks are red-faced about this one.

[–] [email protected] 10 points 7 months ago (1 children)

If that gets found out it'll surely make the police chief blush.

[–] [email protected] 1 points 7 months ago

Finally learning the identity of the man behind the mascara.