Earlier this week we reported on the unfortunate incident in which Inputs.io wallets were hacked and a large amount of Bitcoins were stolen. 4100 Bitcoins, in fact (over 1 million USD).
But what may be more interesting here is that the service’s owner, known simply as TradeFortress told an Australian publication that he does not plan to report event to police due to “extremely limited actions” that could be taken by law enforcement — referencing the difficulty in tracking Bitcoin transactions down to one person or group.
The theft is worth over $1 million, however. Would this not be reason enough to at least have this on police record? or is there more to this at play? What do you think?