back to article Dutch University retrieves Bitcoin ransomware payment and makes a profit

The Netherlands' Maastricht University has managed to recoup the Bitcoin ransom it paid to ransomware scum in 2019 – and has made a tidy profit on the deal. The University explained that in 2019 it suffered a ransomware attack that prevented staff and students from accessing research data, email, or library resources. Faced …

  1. Will Godfrey Silver badge
    Facepalm

    Yet STILL people fall for this crap

    'nuff sed?

  2. Clausewitz4.0
    Devil

    Cryptocurrency anonymity

    Bitcoin isn't anonymous, but you can use mixer / tumblers, quickly convert to ETH and then use TornadoCash. Or swap for Monero.

    1. ThatOne Silver badge
      Devil

      Re: Cryptocurrency anonymity

      Or buy gold bricks, guaranteed anonymous! Here, I have some for sale. Yes, I know, they look like gold-colored masonry bricks, but that's on purpose: Spray paint them and you can hide them in plain sight!

      I also have a bridge for sale, also solid gold... No, this one has a funny color, but that's obviously just paint. Ever wondered why they call it the "Golden Gate"? I'm sure a discerning gentleman like you can't be fooled by a cheap paint job.

    2. Alan Brown Silver badge

      Re: Cryptocurrency anonymity

      On a serious note, these methods are being sucessfully traced too.

      The recovery rate is fairly decent for paths that don't lead into Orc- or Nork- country

      1. Anonymous Coward
        Anonymous Coward

        Re: Cryptocurrency anonymity

        Show me 1 instance of a Monero transaction provably being successfully traced since 01-01-2019.

        Bonus points: Don't mention CipherTrace, who's CEO has admitted on Twitter that Monero tracing will never be deterministic like Bitcoin tracing (https://imgur.com/A9uEjiU)

  3. AdmFubar

    Made a tidy profit, but only if...

    They cashed out before the crypto market tanked!

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