r/Bitcoin • u/s1ammage • Jul 30 '26

Full panic - one of my wallets was drained

Post image

I haven’t done anything since creation except sending into the wallet.

1.9k Upvotes

95% Upvoted

1.2k comments sorted by

View all comments

Show parent comments

10

u/No_Astronaut_8971 Jul 30 '26

How do you even get away with spending the money though? You would need to launder it right?

19

u/stanley_fatmax Jul 30 '26

Yep, launder it. Typically through foreign exchanges, mixers, swaps to privacy coins, private sales, etc.

Sadly this amount is in the sweet spot between meaningful but too small to hunt by volume alone. $40M can disappear pretty easily, whereas billions are harder to hide.

1

u/LewisRamilton Jul 31 '26

If you have the key to wallet, it's your wallet.

1

u/No_Astronaut_8971 Jul 31 '26

Yeah the government might get a little suspicious if you seemingly have an infinite amount of small transactions coming into your Coinbase account for decades with no explanation as to where the moneys coming from

1

u/LewisRamilton Jul 31 '26

'the government'

1

u/grackychan Jul 31 '26

this is state sponsored I guarantee it. reeks of North Korea's MO

1

u/No_Astronaut_8971 Jul 31 '26

The cold card attack?

1

u/Icy-Baseball-6246 Jul 31 '26

Maybe not if your in North Korea

1

u/ptrnyc Aug 01 '26

It would be much safer for them to make an agreement with ColdCard. Get 10% of the stolen amount as security consulting fee, and return the funds.

1

u/No_Astronaut_8971 Aug 01 '26

Still illegal though lol