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We have reached the “severed fingers and abductions” stage of the crypto revolution - Ars Technica

⁨342⁩ ⁨likes⁩

Submitted ⁨⁨3⁩ ⁨days⁩ ago⁩ by ⁨tinosaurier@feddit.org⁩ to ⁨technology@lemmy.world⁩

https://arstechnica.com/security/2025/05/we-have-reached-the-severed-fingers-and-abductions-stage-of-the-crypto-revolution/

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Comments

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  • elrecoal19_1@lemmy.world ⁨3⁩ ⁨days⁩ ago

    What knowing someone rich in an untraceable currency does to a greedy ass criminal

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    • kungen@feddit.nu ⁨3⁩ ⁨days⁩ ago

      in an untraceable currency

      The majority of cryptos are far from “untraceable”, just harder to prove depending on how well they laundered it.

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    • BakerBagel@midwest.social ⁨3⁩ ⁨days⁩ ago

      They have to be loud about it because they are crypto influencers. If they shut up after getting rich they lose it all.

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  • thisbenzingring@lemmy.sdf.org ⁨3⁩ ⁨days⁩ ago

    this reminds me of the advice for people who win the lottery

    make an anonymous LLC company to accept your win, so you can stay incognito

    pay a lawyer and an accountant so you can continue to stay incognito and only tell your trusted friends and family about your good fortune

    so crazy assholes don’t come for you or them

    I guess this now applies to making it big in crypto money

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    • Metz@lemmy.world ⁨3⁩ ⁨days⁩ ago

      That some messed up US thing i never understood. Here in germany you are anonymous by default when you win. at most it is published from what state the winner was.

      That someone’s name and even address is published is so completely unimaginably absurd to me. makes no sense whatsoever.

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      • Fredthefishlord@lemmy.blahaj.zone ⁨3⁩ ⁨days⁩ ago

        There’s actually extremely strong logic behind publishing the winner. It’s a whole hell of a lot harder to rig when your name is everywhere when you win.

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    • shalafi@lemmy.world ⁨3⁩ ⁨days⁩ ago

      NOPE. Do not tell your family and friends. Everyone should read this, just in case. Besides, it’s fascinating.

      www.reddit.com/r/AskReddit/comments/…/chb38xf/

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      • stoly@lemmy.world ⁨2⁩ ⁨days⁩ ago

        Yeah that’s probably the single most useful comment in reddit history

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    • AngryCommieKender@lemmy.world ⁨3⁩ ⁨days⁩ ago

      Fiduciary and accountant. Though the accountant may be redundant there. Fiduciaries are a specific type of lawyer/ financial advisor that is required to look out for your best interests, not theirs.

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  • rikudou@lemmings.world ⁨3⁩ ⁨days⁩ ago

    As much as I dislike crypto, this is not a crypto fail story, even though the article paints it like that a few times.

    No one should have their finger servered because of other people’s greediness.

    These are the occasions I wish death penalty was a thing, especially for those cases where the idiots have been caught in the act - there are better things to do with my tax money than making sure they have a place to live in and some nice good meals to go with it.

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    • hamsda@lemm.ee ⁨3⁩ ⁨days⁩ ago

      These are the occasions I wish death penalty was a thing, especially for those cases where the idiots have been caught in the act - there are better things to do with my tax money than making sure they have a place to live in and some nice good meals to go with it.

      I do understand how you feel about that and I do kinda feel the same, BUT … you always have to assure that every last person has rights and gets acceptable treatment, even the ones who seemingly have no soul. Because if there’s ever a category of people without rights, any government would have an easy way to get rid of eveyone critizing them.

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      • szszl@sh.itjust.works ⁨3⁩ ⁨days⁩ ago

        Thats bullshit. Not all people deserve to be treated as people. Some are just garbage. That includes serial killers and ones mentioned in this article

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      • 4shtonButcher@discuss.tchncs.de ⁨3⁩ ⁨days⁩ ago

        There’s this one Nazi CEO that I hope we can agree either has no soul or at least one that we could do without. Yet we’re not killing him.

        Killing people is wrong and while there may be factors that make it seem more warranted, nothing will ever make it right.

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    • Phineaz@feddit.org ⁨3⁩ ⁨days⁩ ago

      While I do recognise the colloquial and unserious tone of your argument, I have to disagree wholeheartedly: Human right are universal.

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      • rikudou@lemmings.world ⁨3⁩ ⁨days⁩ ago

        I mean, it’s hard. I’m not really against death penalty on its own, I think there are crimes which deserve exactly that. My issue with death penalty is how easy it is to misuse. So in a theoretical world where some perfect entity with no ability to make mistakes decides who gets it, I’m 100% in favour. In the real world, not so much.

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      • Deceptichum@quokk.au ⁨3⁩ ⁨days⁩ ago

        Universal but also uninalienable

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    • MedicPigBabySaver@lemmy.world ⁨3⁩ ⁨days⁩ ago

      As a side note. A death penalty case actually costs more than a life sentence.

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      • gradual@lemmings.world ⁨5⁩ ⁨hours⁩ ago

        It doesn’t need to.

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      • rikudou@lemmings.world ⁨3⁩ ⁨days⁩ ago

        In the US where they decided to make the punitive system for-profit?

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    • derGottesknecht@feddit.org ⁨3⁩ ⁨days⁩ ago

      Many that live deserve death. And some that die deserve life. Can you give it to them? Then do not be too eager to deal out death in judgement.

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      • UniversalBasicJustice@lemmy.dbzer0.com ⁨3⁩ ⁨days⁩ ago

        We need more Gandalves and less Sarumen.

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      • rikudou@lemmings.world ⁨3⁩ ⁨days⁩ ago

        So, because I can’t solve one problem, I shouldn’t ever try to solve a different one? I like Gandalf as much as the next guy, but their world is very simple - evil is evil, good is good and there’s no place for shades of gray.

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      • corsicanguppy@lemmy.ca ⁨3⁩ ⁨days⁩ ago

        This made no sense; even if we overlook the objectification of people.

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    • technocrit@lemmy.dbzer0.com ⁨3⁩ ⁨days⁩ ago

      The death penalty doesn’t work at all because the state serves capital (among other reasons). The worst offenders are never punished.

      If you want the death penalty, there are far worse crimes than this. Just look at the genocide of Palestinians.

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    • reksas@sopuli.xyz ⁨3⁩ ⁨days⁩ ago

      I dont like death penalty for the people who would deserve it because it lets them off too easy. Why should they be allowed to leave this hell in easy way while we have to remain.

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      • user224@lemmy.sdf.org ⁨3⁩ ⁨days⁩ ago

        And what does that achieve? Nothing. It’s just revenge which is useless. If it’s an easy way out, so be it. It’s also an easy way away from others.
        Not sure about death penalty, but having access to euthanasia both inside and outside prison feels like a better solution. Outside first, you don’t want people commiting crimes just to access euthanasia.

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      • hamsda@lemm.ee ⁨3⁩ ⁨days⁩ ago

        Isn’t being jailed forever also an “easy way out”? I’m sure there are people on this planet who are not in jail, but, because of too little money or other circumstances, have less and get treated worse than people in jail.

        Also, if being alive really is hell to you, you might want to do something about this.

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    • VerticaGG@lemmy.blahaj.zone ⁨2⁩ ⁨days⁩ ago

      Death Penalty has no justification. Expand your mind past the recitivist police state mentality before you get us all killed starting with the most marginalized kthx and byyeeeee

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      • gradual@lemmings.world ⁨5⁩ ⁨hours⁩ ago

        So you don’t think serial child rapists should be put to death?

        Interesting.

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  • dumples@midwest.social ⁨3⁩ ⁨days⁩ ago

    Relevant XKCD

    Different kind of crypto nerd but still

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  • ZombiFrancis@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    What makes a man, Mr. Lebowski? Is it being prepared to do the right thing, whatever the cost? Isn’t that what makes a man?’

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  • explodicle@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

    Why only the crypto rich? Any rich person can just buy crypto at an exchange at this point.

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    • Zenith@lemm.ee ⁨2⁩ ⁨days⁩ ago

      Those people don’t want crypto or they would do just that

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      • explodicle@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

        Kidnappers don’t want crypto? I thought the hard part about kidnapping was getting the money without getting caught.

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