Conversations about Bitcoin covering markets, tech, compute, and culture from hosts Charlie Spears and Colin Harper.
Listen for weekly shows covering everything from deep Bitcoin mining to the conversation of the week in Bitcoin. We talk with the executives, operators, deal makers, financers and builders making the digital frontier happen.
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Conversations about Bitcoin covering markets, tech, compute, and culture from hosts Charlie Spears and Colin Harper.
Listen for weekly shows covering everything from deep Bitcoin mining to the conversation of the week in Bitcoin. We talk with the executives, operators, deal makers, financers and builders making the digital frontier happen.
Available on all podcast players, YouTube and on syndication platforms like Yahoo Finance, CoinDesk and more! Be sure to subscribe and give us a five star review so you never miss a podcast!
The Bitcoin "Dusting" Attack You Didn't Know About W/ Galaxy Digital
The Blockspace Podcast
33 minutes
3 weeks ago
The Bitcoin "Dusting" Attack You Didn't Know About W/ Galaxy Digital
Zach Pokorny from Galaxy Digital joins us to discuss their deep investigation into the mysterious 80,000 Bitcoin whale that moved last summer. The report uncovers a massive dusting campaign targeting over 40,000 addresses holding 2.3 million BTC with fake "abandoned property" notices. We dive into the Salomon Brothers connection, the $90K cost of the attack, and why this looks like classic Craig Wright-style lawfare.
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Notes:
• 2.3 million BTC dusted
• 40,000+ addresses hit
• Attack cost 0.7 BTC (~$90,000)
• 80,000 BTC whale sold through Galaxy
• 3-year dormancy minimum targeted
Timestamps:
00:00 Start
02:27 Size & breadth of the messaging campaign
04:39 Message contents
05:51 Legal definitions
08:47 Is Salomon Brothers real?
12:02 Why not use a law firm?
13:06 Did the 80k BTC seller get spooked?
14:31 Scale of the campaign
15:35 Satoshi addresses?
17:55 How did they choose addresses?
19:44 Lots of holders have "dormant coins"
21:17 Cost of the campaign
23:14 Links to other attacks
26:26 Speculating who this was
28:12 Court process & jurisdiction
32:12 Wrap up
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The Blockspace Podcast
Conversations about Bitcoin covering markets, tech, compute, and culture from hosts Charlie Spears and Colin Harper.
Listen for weekly shows covering everything from deep Bitcoin mining to the conversation of the week in Bitcoin. We talk with the executives, operators, deal makers, financers and builders making the digital frontier happen.
Available on all podcast players, YouTube and on syndication platforms like Yahoo Finance, CoinDesk and more! Be sure to subscribe and give us a five star review so you never miss a podcast!