Reply to post: I have questions...

It’s happened again: AT&T sued for allegedly transferring victim's number to thieves in $1.9m cryptocoin heist

Rameses Niblick the Third Kerplunk Kerplunk Whoops Where's My Thribble?

I have questions...

So I'm quite willing to accept that the individuals in this and the previous story were targeted specifically. I don't believe that hackers are picking phone numbers at random in the hope of hitting one that holds crypto, never mind high value crypto. But how did the hackers know to go for these phone numbers? I guess either the victims were bragging about how much (fake) money they had, in which case made themselves targets, or the people who run the repositories or whatever they are where people keep their wallets know the value of said wallets, know who the owner is and therefore know which phone numbers they need to intercept to get the really high value ones.

And if it's the second option, then why the hell does anyone trust this crap? As previous commenter said, I wouldn't trust $24m of my money (if I had it, I wish!) to a single reputable, insured, regulated financial institution, never mind some faceless internet people who cobbled a few web pages together. In what world does someone think "I don't trust these financial institutions to look after my money, I don't trust FIAT currency but I'll leave enough money to live the rest of my life without ever having to work again and be able to pay myself $250,000 per year for life with money left over in some bizarreo mystery tech storage place. I'd want that money out as soon as possible and somewhere much more reliable.I just don't believe it frankly. But then as is often noted: people are strange.

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