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I think the CFTC interference is overstated- BitFinex still could have segregated cold wallets for the whales, and I've heard they made the change primarily in
by mhluongo 10y ago
I think the CFTC interference is overstated- BitFinex still could have segregated cold wallets for the whales, and I've heard they made the change primarily in response to the last hack.
I want the CFTC interference to be the primary issue, though- it certainly fits the narrative and would be a great lesson going forward.
Note: I also lost money on the hack.
- Animats 10y agoOffline combined storage is not a more secure setup if the problem is insider theft. Mt. Gox had offline storage controlled by Mark Karpeles. Given how hard it is to find the principals of this company, this looks like an inside job.
- aminorex 10y agoGiven that I am ignorant, it looks like a conspiracy.