The way I read the article, the “worth millions” is the sum of the ransom demand.

The funny part is that the exploit is in the “smart” contract, ya know the thing that the blockchain keeps secure by forbidding any updates or patches.

  • crashoverride@lemmy.world
    link
    fedilink
    English
    arrow-up
    20
    arrow-down
    1
    ·
    11 months ago

    Think of it like this, when people make drug busts and they find huge amounts of cocaine or whatever and they say oh this is 300 something mod a million is worth of stuff. No it’s not. It’s maybe like not even half that not even a quarter of that, they just make it up just to make their bust even bigger

    • Squizzy@lemmy.world
      link
      fedilink
      English
      arrow-up
      12
      ·
      11 months ago

      I remember it used to be calculated on the lowest value extrapolated out so a gram of smoke was 20/25 bucks so a kilo of smoke “had a street value of 20,000 - 25,000.”

      • I_Has_A_Hat@startrek.website
        link
        fedilink
        English
        arrow-up
        1
        ·
        11 months ago

        Not to mention they usually count the weight of whatever they’re in too. See a big news story about the cops seizing tons of product at a port? Well they’re including the shipping container weight.

    • DerisionConsulting@lemmy.ca
      link
      fedilink
      English
      arrow-up
      8
      arrow-down
      1
      ·
      11 months ago

      I also like the “10 Kilos of product was taken off of the street” which means like 12 grams of weed was turned into brownies