Stolen funds from collapsed DAO traded for Bitcoin by the robber – Bitcoints

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Published on October 27th, 2016 | by bitcoin

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Stolen funds from collapsed DAO traded for Bitcoin by the robber

Stolen funds from collapsed DAO traded for Bitcoin by the robberHe then used the ShapeShift API to determine that those funds were converted into bitcoin and are now stored at this address.
Khoo mentioned that the attacker might have converted the funds into bitcoin as part of an effort to preserve his or her anonymity.
Ecosystem impact
While the news is certainly a positive for the DAO attacker, the incident isn’t likely to be relevant for blockchain development more broadly.
Ethereum’s developers, for example, continue to assert that they support the move to edit the ethereum blockchain to return funds to DAO users.
Ethereum classic supporter Avtar Sehra wrote on Twitter:

“The DAO attacker funds may be on the move, but it’s not like they can disappear – this is ETC not Accenture’s ‘editable blockchain.'”

Source: Www.coindesk.com

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