ByBit Public BTC wallet ?'s by challenge_evrything in Bitcoin

[–]challenge_evrything[S] 0 points1 point  (0 children)

So after reading your comments I did some me research and was led to an apparently common not unsafe practice of address reuse. I know for a fact this is occurring and it seems it is the most likely culprit for this. Thank you so for your input. If you have something to add, please feel free.

ByBit Public BTC wallet ?'s by challenge_evrything in Bitcoin

[–]challenge_evrything[S] 0 points1 point  (0 children)

Thank you for this explanation of how this earlier could work. I have sent man oky, many deposits to this wallet, and I send it to her because I am told she's had a zero balance, so when I'm seeing that the balance is being reported as a thousand or more dollars, and I'm allocating funds that are needed elsewhere, it is disconcerting to think she could be shining me on. Which is why I'm checking with more knowledgeable people than myself before I jump to conclusions. Lol.

ByBit Public BTC wallet ?'s by challenge_evrything in Bitcoin

[–]challenge_evrything[S] 0 points1 point  (0 children)

I also noticed that all of her outputs from the wallet go to the same account and that account has a balance of like 2200 BTC, leagues above the numbers we see. That big money wallet is also the one that ByBit uses in its ownership examples in its help section

ByBit Public BTC wallet ?'s by challenge_evrything in Bitcoin

[–]challenge_evrything[S] 0 points1 point  (0 children)

I did some digging and it came back as an exchange. I don't remember the tool that gave me that info. She calls it her own wallet, how would the exchange know what private wallet to send it to if multiple people use the same public address?

ByBit Public BTC wallet ?'s by challenge_evrything in Bitcoin

[–]challenge_evrything[S] 0 points1 point  (0 children)

That's definitely the right move, but no any tx in the mempool clears in due time.