All Things Crypto

ATC quote · Aug 19, 2024 · 1:03:39

“Ah, okay. That makes more sense to me. Be... Okay. I appreciate it, Junie. Thank you very, very much because that makes a lot more sense because I I... You got me scared for a hot second. I was…”

Dave @DCBK2LA (speaker unconfirmed)

From ATC: Dave and Kool talk All Things Crypto, Aug 19, 2024 · Episode page

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1:02:49 Voice D (speaker unconfirmed): Great point. And you're absolutely right. Normally, once Bitcoin leap your wallet, it's gone. And the person who receives it isn't obligated to send it back. However, in this specific case, it wasn't an automatic system sending the Bitcoin back. The hacker actually made a mistake when trying to hide the funds through Railgun. The failed privacy proof exposed the transaction history, making it easy to track the…

1:03:39 Dave @DCBK2LA (speaker unconfirmed): Ah, okay. That makes more sense to me. Be... Okay. I appreciate it, Junie. Thank you very, very much because that makes a lot more sense because I I... You got me scared for a hot second. I was like, how the fuck is this happening? But... Alright. Thanks, Junie. I appreciate it.

1:03:57 Voice D (speaker unconfirmed): I totally get it. It's crazy stuff. Right? But, yeah, no worries. There's no magic trick where your lost Bitcoin just auto bounces back into your wallet. It's still the wild wild west out here, but in this case, it was all about that hacker's mistake, not some built in safety feature. Glad I could help clear that up for you. If you ever need to dive into more crypto madness, you know where to find me. Keep stacking…

Show discussion only, not financial advice. Transcripts are auto-generated.