The U.S. Seized 127k Bitcoin By DRAINING WALLETS. Chinese Cooking Oil Crash.
The US Department of Justice seized 127,000 Bitcoin but it was HOW they did it that concerns me and it comes down to WEAK KEYS which allowed those wallets to get drained.
WEAK KEYS ARTICLE – https://tangem.com/en/blog/post/randomness-importance/
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41 Comments
UPDATE: The DOJ put out a press release with documentation which STILL does not show EXACTLY how those bitcoin wallets were accessed. Summary is below from ChatGPT:
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What’s not in the public record (so far)
The complaint/press releases do not describe the operational step that yielded those seed phrases (e.g., device seizure, cloud backup, insider cooperation, etc.). They just establish that Chen kept them and that the government now controls the coins. Expect more detail, if any, in later unsealed affidavits or testimony.
Department of Justice.
Bottom line: Public filings confirm Chen documented his own seed phrases and that DOJ has already moved the BTC into U.S.-controlled wallets; they don’t disclose the precise tactical method used to obtain those phrases while Chen remains at large
Budget neutral…
It’s entirely bullshit. Proof just like proof of gold reserves will never come to light.
Well, if people want to stay healthier, then they shouldn't be ingesting cooking {seed} oils anyways. You might as well be using motor oil, for your cooking!
As a carnivore, I bet you already know that, Rob.
❤
Well, the US Govt. kept all the seized Roger V BTC, didn't they 🤔
If the "good guys" can do this, then so can the "bad guys". Of course, this assumes you can even differentiate between the two groups!
Ask Grok this: "How did the FBI confiscate the Bitcoin held by Heather Morgan and her husband in the "Crocodile of Wall Street" case?
Lies
China has the upper hand with the rare earth minerals
The U.S. government seized 127,271 BTC, valued at roughly $14 billion, tied to a sprawling online investment scam run by Chinese émigré Chen Zhi, 38, and his Cambodia-based Prince Group Transnational Criminal Organization. not American Wallets
It easy to to seize… probably had his seed phrase stored on phone a pic or online somewhere… hacked his computer thru op address back door.. computer keyboard sniffing…
Hate I missed the live
100% chance that they were working on testing those weak private keys for a long time. On Oct 14th, they finally hacked the keys. Later they filed their civil forfeiture, got permission, and then took all the Bitcoin.
you RocK!!
What bs cypto is a gambling scam full stop. Crypto worse than fiat. Physical gold is way to go.
There not sezing anything there stealing it
Scammer. Selling alts.
All alts are a scam.
Fact.
@DigitalAssetNews can we say thay Rob nevers forget a rectum?
Great info as usual
Are you joking? Trump is literally the biggest fool in the world. The world laughs at the US. He certainly did not end any wars. That is actually a good joke. He is trying to start wars.
Only physical metals, crypto blockchain was invented by secret government to track you down, " mark of the beast" 666
Guy who runs this channel is a joke.
Thanks as always Rob. Your video is at the top of my subscription list every morning when I wake up in Danang, Vietnam.
Ring
🎉🎉 ring
Wow, I have been thinking that it may be possible to reverse calculate the private Bitcoin keys from the public keys. Bitcoin uses a different elliptic curve than the standard ones, and maybe there is a weakness there, at least for someone like the NSA who has more knowledge and resources for this kind of cryptography.
Haha. Wake up. Your wallet isn't safe from the government if they really want it. I know people (government trained) that can break into any system in the world. I know a guy you can pay $400 and he will give you control of any website hosted by GoDaddy and other platforms too. Wake up. Now with AI anyone with the balls can break into anything.
Made up they probably just bought it in the open market😅
Why not hacking SATOSHI then , thats the ultimate wallet 🤔
You are solid in all your details
Thanks
Rob is also a winner in my book! 🌟
I'm starting to think Trump is the primary cause for the market manipulation look at every time he mentions tariff markets drop. Is it coincidence that a private wallet places orders ja few minutes before he tweets?
Since we are talking bitcoin why don’t we just use bitcoin only wallets. Coldcard Jade Bitkey etc
So the US is officially a filthy criminal stealing things that doesn't belong to them!
Remember, if they do it to one person they'll do it to everyone!
Forced labor camps (those poor poor phone bot farms) stop exploiting those poor underage phones!
80% of the show, promoting Tangem. Seriously ???
Super schill😂
Thank you for this informative video!
I am not sure what is so surprising. Microsoft Windows as well as many other OSes and apps contain keyloggers that record everything you type and many record screenshots of what your screen periodically. Some on behalf of illegal criminals and some on behalf of the government. Privacy is an illusion.