Journalist Instantly Loses Bitcoin After Accidentally Revealing QR Code On TV

A Bloomberg anchor lost $20 worth of Bitcoin on live television after its QR code was captured on video for a matter of seconds.

When Bloomberg TV reporter Adam Johnson and his co-host Trish Regan were each given $20 worth of Bitcoin by fellow Bloomberg TV reporter, Matt Miller, Johnson did what most good anchors would do and showed the audience what he had been given. The private key of the Bitcoin in question was contained in a QR code, which was briefly displayed in the course of the broadcast – long enough for a quick-thinking thief to teach Johnson a $20 lesson.

The thief is purportedly a Redditor going by the name of “milkywaymasta” – and what he did is technically not a crime… at least not yet. Also, you could argue that he is technically not a thief, since he quickly revealed himself as the responsible party and made it known that he would be returning the Bitcoin in question to its rightful owner:

From Reddit:

I was watching bloomberg where they are doing the “12 days of bitcoin”. The guy that is hosting the series gave bitcoin gift certificates to the other two hosts. One of them opens up the certificate to reveal QR code of the private key. They then proceeded to show a closeup of the QR code in glorious HD for about 10 seconds. Hilarious.

I took it, it was only $20 worth. It was exhilarating nevertheless. I’ll send it back once Matt gives me a new address since someone else can sweep the old one. A segment on Bitcoin security and the importance of NOT showing the private key and also BIP0038 (Password Encrypted Private Keys) Wallets will be more than enough compensation. Blockchain confirmation and Public key of where i sent the bitcoin.

Miller, for his part, has taken it in on the chin and seen the humor in it:

So freaking classic but also a GREAT lesson in bitcoin security! you can keep the $20 — well earned.

[Business Insider via Geekologie]

 

About the author: C. S. Magor

 

C.S. Magor is the editor-in-chief and reporter at large for Uberreview and We Interrupt. He currently resides in a sleepy basin town in the Japanese countryside - where both his bank balance and the lack of space in his home are testament to his addiction to all things shiny.

Follow @csmagor on Twitter

Website: http://www.uberreview.com

 

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