Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Comments
Florida Sting Nabs Alleged Bitcoin Money Launderers
Newest First  |  Oldest First  |  Threaded View
<<   <   Page 2 / 2
Lorna Garey
50%
50%
Lorna Garey,
User Rank: Ninja
2/11/2014 | 2:14:39 PM
Re: Impact
Exactly - Bitcoins seem more akin to buying a stock than to currency. Even that analogy is flawed though because a share of stock, like a greenback, has something behind it, even if that "something" is an intangible "full faith and credit" promise that the GOP House doesn't seem to think means much.

What exactly is behind a Bitcoin?
Ariella
50%
50%
Ariella,
User Rank: Apprentice
2/11/2014 | 8:50:59 AM
Re: Impact
@Whoopty it's still worth far more than it was this past summer, and if you had bought it earlier, you'd have made an even bigger killing. However, the huge fluctuations that can make it appealing as an instrument of speculation are not working in favor of it becoming adopted as a mainstream currency. 
Whoopty
50%
50%
Whoopty,
User Rank: Ninja
2/11/2014 | 8:16:17 AM
Impact
I wonder what impact this news had on the current bitcoin value slump compared to the Mt Gox halting of withdrawals? 
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Ninja
2/11/2014 | 3:55:14 AM
Hmm...
FWIW, I have to wonder about the moral and legal implications of the setup here on Reid and Espinoza, and what was really going on.  It appears, from the description in the article of the chronology of events, that Reid was not told about the "stolen credit card numbers" until the second meet.  And that (if I am understanding correctly) he was not explicitly told that the money he was changing came directly from stolen credit card numbers until the third meet.

So imagine if you're a totally innocent person in that situation.

Imagine thinking, "Oh, crap, this guy's a criminal.  And I've already done business with him and changed money for him.  And he knows me."

Would you be brave enough to say no?

Maybe I'm being more of an apologist than Reid and Espinoza deserve.  Maybe they're truly bad guys and they were all too happy to help launder money for profit.

Regardless of the situation with these two particular defendants, however, this sequence of events suggests that officials just wanted a bust -- and didn't care if they got a "real" bad guy or just a scared innocent in over his head.
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Ninja
2/11/2014 | 3:44:27 AM
Re: Chromebooks have arrived
@Thomas: How big an endorsement is this really, though?  After all, he got arrested.  ;)
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Ninja
2/11/2014 | 3:41:45 AM
Re: The Purpose of Bitcoins
@Gary: And, for that matter, why are people complaining about things like the Patriot Act and secret FISA courts and widespread NSA phone and email surveillance?  What are these people hiding?

ಠ__ಠ
Gary_EL
50%
50%
Gary_EL,
User Rank: Apprentice
2/11/2014 | 12:15:27 AM
The Purpose of Bitcoins
Aside for making it easier for spouses to keep secrets from each other, what is the purposes of Bitcoin, other than to attempt to hide criminal activity or to commit tax fraud of one type or other??
Thomas Claburn
50%
50%
Thomas Claburn,
User Rank: Ninja
2/10/2014 | 4:32:20 PM
Chromebooks have arrived
When the crypocurrency crowd starts using Chromebooks, that's a sign they approve of the security model.
<<   <   Page 2 / 2


44% of Security Threats Start in the Cloud
Kelly Sheridan, Staff Editor, Dark Reading,  2/19/2020
Zero-Factor Authentication: Owning Our Data
Nick Selby, Chief Security Officer at Paxos Trust Company,  2/19/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
6 Emerging Cyber Threats That Enterprises Face in 2020
This Tech Digest gives an in-depth look at six emerging cyber threats that enterprises could face in 2020. Download your copy today!
Flash Poll
How Enterprises Are Developing and Maintaining Secure Applications
How Enterprises Are Developing and Maintaining Secure Applications
The concept of application security is well known, but application security testing and remediation processes remain unbalanced. Most organizations are confident in their approach to AppSec, although others seem to have no approach at all. Read this report to find out more.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-8818
PUBLISHED: 2020-02-25
An issue was discovered in the CardGate Payments plugin through 2.0.30 for Magento 2. Lack of origin authentication in the IPN callback processing function in Controller/Payment/Callback.php allows an attacker to remotely replace critical plugin settings (merchant ID, secret key, etc.) and therefore...
CVE-2020-8819
PUBLISHED: 2020-02-25
An issue was discovered in the CardGate Payments plugin through 3.1.15 for WooCommerce. Lack of origin authentication in the IPN callback processing function in cardgate/cardgate.php allows an attacker to remotely replace critical plugin settings (merchant ID, secret key, etc.) and therefore bypass ...
CVE-2020-9385
PUBLISHED: 2020-02-25
A NULL Pointer Dereference exists in libzint in Zint 2.7.1 because multiple + characters are mishandled in add_on in upcean.c, when called from eanx in upcean.c during EAN barcode generation.
CVE-2020-9382
PUBLISHED: 2020-02-24
An issue was discovered in the Widgets extension through 1.4.0 for MediaWiki. Improper title sanitization allowed for the execution of any wiki page as a widget (as defined by this extension) via MediaWiki's } parser function.
CVE-2020-1938
PUBLISHED: 2020-02-24
When using the Apache JServ Protocol (AJP), care must be taken when trusting incoming connections to Apache Tomcat. Tomcat treats AJP connections as having higher trust than, for example, a similar HTTP connection. If such connections are available to an attacker, they can be exploited in ways that ...