Jack Recider

Some of my listeners might be shaking their heads right now and think, no, Jack, none of this cryptocurrency is real money. This is not the biggest heist of all time. And in fact, a lot of articles which list the biggest heists of all time don't include any cryptocurrency heists. But the thing is, these thieves immediately started exchanging it for traditional money.

Some of my listeners might be shaking their heads right now and think, no, Jack, none of this cryptocurrency is real money. This is not the biggest heist of all time. And in fact, a lot of articles which list the biggest heists of all time don't include any cryptocurrency heists. But the thing is, these thieves immediately started exchanging it for traditional money.

So to me, if you can swap it quickly and easily for any currency you want, then yeah, to me, it's real money.

So to me, if you can swap it quickly and easily for any currency you want, then yeah, to me, it's real money.

Maybe I should have mentioned this earlier, but the reason I'm talking with Jeff about all this is because he just published a book called Rinsed, which is all about money laundering in the modern world. And I just finished reading it, and it sent me down a wild, twisted tunnel into the world of money laundering.

Maybe I should have mentioned this earlier, but the reason I'm talking with Jeff about all this is because he just published a book called Rinsed, which is all about money laundering in the modern world. And I just finished reading it, and it sent me down a wild, twisted tunnel into the world of money laundering.

Now, what we're talking about in this episode is a single chapter of the book, though. The biggest heist of all time, Axie Infinity, is interesting by itself. But the thieves are now faced with a staggeringly huge challenge. How do you cash out $625 million in stolen cryptocurrency?

Now, what we're talking about in this episode is a single chapter of the book, though. The biggest heist of all time, Axie Infinity, is interesting by itself. But the thieves are now faced with a staggeringly huge challenge. How do you cash out $625 million in stolen cryptocurrency?

If you sent it all to an exchange, they might not be able to swap that much, or they might freeze your account, and you could lose it all. So while they immediately started sending some of it to an exchange, that was only a small amount, and they needed a big plan for the bulk of it. We're going to take a quick break here, but stay with us, because after the break, someone's going to prison.

If you sent it all to an exchange, they might not be able to swap that much, or they might freeze your account, and you could lose it all. So while they immediately started sending some of it to an exchange, that was only a small amount, and they needed a big plan for the bulk of it. We're going to take a quick break here, but stay with us, because after the break, someone's going to prison.

Support for this show comes from Black Hills Information Security. This is a company that does penetration testing, incident response, and active monitoring to help keep businesses secure. I know a few people who work over there and I can vouch they do very good work. If you want to improve the security of your organization, give them a call. I'm sure they can help.

Support for this show comes from Black Hills Information Security. This is a company that does penetration testing, incident response, and active monitoring to help keep businesses secure. I know a few people who work over there and I can vouch they do very good work. If you want to improve the security of your organization, give them a call. I'm sure they can help.

But the founder of the company, John Strand, is a teacher, and he's made it a mission to make Black Hills Information Security world-class in security training. You can learn things like penetration testing, securing the cloud, breaching the cloud, digital forensics, and so much more. But get this, the whole thing is pay what you can.

But the founder of the company, John Strand, is a teacher, and he's made it a mission to make Black Hills Information Security world-class in security training. You can learn things like penetration testing, securing the cloud, breaching the cloud, digital forensics, and so much more. But get this, the whole thing is pay what you can.

Black Hills believes that great intro security classes do not need to be expensive, and they are trying to break down barriers to get more people into the security field. And if you decide to pay over $195, you get six months access to the MetaCTF Cyber Range, which is great for practicing your skills and showing them off to potential employers.

Black Hills believes that great intro security classes do not need to be expensive, and they are trying to break down barriers to get more people into the security field. And if you decide to pay over $195, you get six months access to the MetaCTF Cyber Range, which is great for practicing your skills and showing them off to potential employers.

Head on over to BlackHillsInfosec.com to learn more about what services they offer and find links to their webcasts to get some world-class training. That's BlackHillsInfosec.com. BlackHillsInfosec.com. The news broke pretty fast. Axie Infinity's Ronin Bridge hacked! $625 million stolen! Lots of people lost a lot of money, including Sky Mavis itself.

Head on over to BlackHillsInfosec.com to learn more about what services they offer and find links to their webcasts to get some world-class training. That's BlackHillsInfosec.com. BlackHillsInfosec.com. The news broke pretty fast. Axie Infinity's Ronin Bridge hacked! $625 million stolen! Lots of people lost a lot of money, including Sky Mavis itself.

But of course, everyone wanted to know, who did this?

But of course, everyone wanted to know, who did this?