BTC Core developer Luke Dashjr reported the theft of millions of dollars of BTC from a private server he operated. On new year's eve, four transactions moved 216.9 BTC—valued at $3.6 million.
Kurt Wuckert Jr. was a recent guest on the Messy Times, recounting the Granath v. Wright trial and shedding light on the power of influence while giving a gist on the new digital asset recovery tool.
The Bitcoin Association for BSV’s Blacklist Manager is a listening tool run by miners, enabling nodes to add digital assets identified in a court order to a freeze list.
This latest theft, resulting from deliberate manipulation of price mechanisms, again raises questions about the viability of DeFi among serious investors, and what action could be taken to recover funds.
Blacklist Manager has the potential to curb criminal activity in the digital asset space if its use is proven, says Joshua Henslee, but "crypto" anarchists will likely be on edge about this.
Stolen bitcoins have always been recoverable through a legal process, and the retrieval of such assets was only hindered by blockers who refused to enforce the rules.
The Digital Asset Recovery Toolset would mean that anybody with a court order establishing ownership of digital assets can use a designated Notary entity to translate the court order into a format that can be transmitted and interpreted by the mining network.