RE: PSA - (Redacted Poloniex) New Wallets from Coinbase in Suspected Bitcoin Replay Attack (Updated Tuesday 12th Sep)

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PSA - (Redacted Poloniex) New Wallets from Coinbase in Suspected Bitcoin Replay Attack (Updated Tuesday 12th Sep)

in poloniex •  7 years ago 

The address is generated on coinbase which means this shady group of cyberhackers known as the shadow brokers is stealing millions of dollars into a coinbase account, which means they are comitting numerous federal felonies and money laundering to the most AML/KYC compliant business in all of the cryptocurrency ecosysstem. And their IDs have not been verified by coinbase, and their accounts not locked.

I mean I regularly read stories about people who send BTC to their friends who then use it to buy soft porn and then whose coinbase accounts get locked immediatly, but coinbase lets this go on right under their noses.

I call bullshit on the whole story, and if it is happening, coinbase is going to get the money back to polo in short order, and also, $4M is nothing to polo.

Not that any of that is relevant, because they whole fud attempt sounds like complete bullshit and there isn't even a sensible explanation about how it works.

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yes is questionable practices no doubt with Coinbase supposed to be the most compliant with regulations and having insured funds.

what most gives credence to this story is the moving of funds between so many accounts on Poloniex and new accounts from Coinbase with portion returning to Poloniex again.

also the users who tweeted this are experienced long term crypto people,
i know cryptocobain really goes off sometimes but has been correct on multiple occasions mt gox mintpal cryptsy to name a few.

If it was known precisely how is happening Im sure many would be doing the same,
only ones who would know for sure are would be dev teams at Coinbase and Poloniex

I dont know what kind of explanation you would like,
The txids and wallet address are there for review also the tweets i found relating to the story.