Feds arrest couple, seize $3.6 billion in hacked bitcoin funds
https://ift.tt/wRgC0Ar
Hear me out, I think I got this.
You create a defi bitcoin-backed loaning company and Make the whole thing legit. You will also need to create a new stablecoin that you can mint as you wish. Let’s call it Fake USD. FUSD$
Use the stolen bitcoin to make loan paid in FUSD and wait to get liquidated.
Your legit company recover the bitcoin when the price drop because it cant cover the loan ratio.
Of course, it’s a lot Of work since you will need real user and everything to cover the whole charade. But you’ve got fund to finance the project.
Done right I feel like it could work.
Hey, It’s not your fault if stolen bitcoin are used on your legit defi platform.
Just tell the police to freeze those FUSD$ that the hacker have in their wallet instead of the BTC.
Easy life.
Cryptocurrency
