$1.1 Bln in Crypto Has Been Stolen This Year

grarpamp grarpamp at gmail.com
Mon Jun 11 11:03:04 PDT 2018

>> https://cointelegraph.com/news/report-1-1-bln-in-crypto-has-been-stolen-this-year
> How does this compare with stolen traditional money?
> Instead of absolute values probably the ratio "stolen/total" is more
> interesting.

Total fiat is somewhat easy to calculate due to centralized publications.
Total crypto is harder, see mentions of "market cap" on this list.
Stolen of both is hard.

> Quick web searches doen't return usable info

Until it reaches regulatory, political, international levels.
ie: there have been a few $tens of Million range bank
events in last years, multi accounts, wires, etc.

> the banks
> and the like probably don't report all incidents because of issues of
> "trust".

Consumer level shit doesnt reach that per event.
Could add up to more than heists above.

> IIRC large operator Equifax got owned one of these years, leaking
> 100+M mericans.

That was data, not money. Though it could be turned into money.

Hardware storage?
Some idiots don't consider their dongles will also fail,
as dumb as expecting banks / exchanges to have / give
them their worthless printed money.

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