Victims should have not keep crypto on desktops. They are much less secure than Mobile.
(I haven't seen anything yet that uses the secure element to control access to a wallet. Are there any technical obstacles to keeping the keys out of main memory?)
Unless it's Qubes OS.
Probably was not able to get into MIT or another prestigious school that many of those companies look for on a resume.
All well above 200k.
Desperate people are willing to risk it all, and usually smart people aren't desperate.
Now with AI, you can accelerate this so much. The only thing holding back thousands of new threat actors from doing the same is Opsec, its hard.
The most laughable I've seen was a scam that put a captcha on the frontend to stop me from flooding their free email system on the backend and rate limit them. However, the captcha was clientside only, so I didn't even notice until I looked to see if they rotated emails, but also the captcha was a textbox with the code set as the placeholder.
Truly the pinnacle of vibecoding a scam.
A lot of people are willing to tolerate risk, that hardly makes them useful. Frequently the opposite.
Monero could of helped, although its not easy to transfer BTC to Monero without P2P trades, as effectively every exchange requires KYC. Those source and destination wallet addresses are tainted, you wouldn't be able to deposit on any mainstream exchange and if they do, its for a honey pot purpose.
It's really not hard but it probably gets much harder to transfer tainted Bitcoin. Trocador.app aggregates various no-KYC CEX swaps and is regarded well in the Monero community.
As we can see from the various Monero pumps, which often stemmed from cleaning coins. Thieves don't want to sit on the Bitcoin so they drive up the price of Monero selling it fast.
Yeah P2P is more technical. Hopefully with Serai we can get a good UX decentralized exchange.
Swapping into fiat is a different beast.
Is P2P that big a deal? I swap coins on Bisq all the time. It's super easy to pick up and use if you already have the BTC. The biggest obstacle is obtaining some BTC in the first place when you don't have any yet. Once you have enough for the security deposit, you can buy/sell or swap thousands of dollars in funds at a time.