Here’s Some Bitcoin: Oh, and You’ve Been Served!
Summary: A California healthcare worker who lost roughly $100,000 in a December 14, 2021 SIM-swap attack is suing the unknown holder of the bitcoin wallet containing his stolen funds, and on December 14, 2023 a federal judge in the Eastern District of California allowed him to serve notice by attaching an OP RETURN message to about $100 in bitcoin sent to that address. The message carried a short link to the complaint hosted on Google Drive, and the suit also names Coinbase as a defendant for allegedly ignoring red flags.
What's compelling: If the thieves never respond, a default judgment could let exchanges freeze and hand over the funds if they are ever moved - giving victims a path that does not wait on law enforcement, which in the Liberty Reserve case took until 2020 to contact a claimant about assets seized in 2013.
Read the original at Krebs on Security ↗
- Topics
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