Bitcoin: Masked thugs stick up investor at GUN POINT in FIRST UK cryptocurrency robbery
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Updated November 08, Unlike old currencies bitcoin is digital, traded computer-to-computer, and often used to pay for goods and services on the internet.
But it has no central authority or government-based backing, and the alleged theft - one of the largest in the currency's four-year history - raises questions about digital money and if it can ever be regulated. The stolen bitcoins are owned by the users of his website, who had trusted their bitcoins to him. TradeFortress, who says he is not much older than 18, does not want to be identified because he is worried about his personal safety. He and his users know the chances of getting their bitcoins back are extremely unlikely because bitcoin transactions cannot robbed over tv bitcoin exchange reversed.
The bitcoin transaction trail is designed to be anonymous, which has led to speculation this was an inside job and that TradeFortress took the coins for himself. Some say it gives them control of their money," TradeFortress said.
A spokesman for the Australian Federal Police says to his knowledge, a theft of bitcoins has never been investigated at either a federal or state level. Technology commentator Stilgherrian says the appeal of bitcoin theft, as opposed to stocks or bonds, lies in its inability to be traced.
That puts it up there with some of the biggest bank robberies in history. The quick and massive rise in the value of bitcoins has given the currency a higher profile, but Sthilgarian says it is also attracting more criminals. Robbed over tv bitcoin exchange posted November 08, If you have inside knowledge of a topic in the news, contact the ABC. ABC teams share the story behind the story and insights into the making of digital, TV and radio content.
Read about our editorial guiding principles robbed over tv bitcoin exchange the enforceable standard our journalists follow. Treasurer Scott Morrison unveiled the budget last night and there were quite a few gifts for voters. We asked our Messenger audience what they thought of it all and here's what they had to say. There is another aspect of school funding robbed over tv bitcoin exchange that does not receive the same attention as disparities in government funding for private versus public versus Catholic schools.
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You know when your primary revenue target is illegal tobacco hawkers that this is going to be a pirate-fightin' affair. Special coverage For full budget coverage go to our Politics page. Unlike old currencies, bitcoin is digital and traded computer to computer. Nic MacBean, file photo: US seizes 'largest ever' Bitcoin haul from man linked to Silk Road. Silk Road shut down after alleged owner arrested. Top Stories Four MPs, one senator gone as citizenship drama claims more victims Find out if you're a winner or a loser in this year's budget Analysis: Australia's fuel stockpile is perilously low, so why robbed over tv bitcoin exchange we stocking up?
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Connect with ABC News. Got a news tip? Editorial Policies Read about our editorial guiding principles and the enforceable standard our journalists follow. Here's what you did and didn't robbed over tv bitcoin exchange about the budget Treasurer Scott Morrison unveiled the budget last night and there were quite a few gifts for voters.
Why some schools have a fundraising advantage There is another robbed over tv bitcoin exchange of school funding inequality that does not receive the same attention as disparities in government funding for private versus public versus Catholic schools. Budget surplus plan locks in high immigration The reliance on near-record levels of immigration to sustain the economy at a pace that can pay for tax cuts and a budget surplus is illustrative of the precarious nature of Treasury's path to a meaningful 1 per cent of GDP surplus.
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