1 - Is my understanding correct that having the wallet ID tells you *that* the money is gone, but not where it has gone? or is it also the case that it shows up in some traceable way on the blockchain or something?
> they will worry someone else will also steal the weights and grab the crypto
2 - This bit doesn't seem too convincing—I imagine that telling the regulators that someone's just stolen the weights increases the likelihood you get caught through e.g. investigations into activity? Though, on second thought, perhaps this just implies that thieves would wait some time before moving the crypto.
(1) is correct: the primary benefit is just learning that a breach has occurred. But you're right that a secondary benefit is that you can do forensics.
Which leads to (2): as you correctly point out, the possibility of doing an investigation undermines the assumption that the attacker will move the crypto after the attack. So it's not guaranteed that the attacker will move the crypto. I think there would probably good reasons for them to do so for many attackers, but I agree not all would.
1 - Is my understanding correct that having the wallet ID tells you *that* the money is gone, but not where it has gone? or is it also the case that it shows up in some traceable way on the blockchain or something?
> they will worry someone else will also steal the weights and grab the crypto
2 - This bit doesn't seem too convincing—I imagine that telling the regulators that someone's just stolen the weights increases the likelihood you get caught through e.g. investigations into activity? Though, on second thought, perhaps this just implies that thieves would wait some time before moving the crypto.
(1) is correct: the primary benefit is just learning that a breach has occurred. But you're right that a secondary benefit is that you can do forensics.
Which leads to (2): as you correctly point out, the possibility of doing an investigation undermines the assumption that the attacker will move the crypto after the attack. So it's not guaranteed that the attacker will move the crypto. I think there would probably good reasons for them to do so for many attackers, but I agree not all would.
Clever idea!