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Bitcoin: $64m in cryptocurrency stolen in 'sophisticated' hack, exchange says

• sam111 9y ago
  This person did AMA about Crypto! I think you should ask and refer it. https://us.teamblind.com/article/i-manage-a-multi-million-crypto-portfolio-ama-u51z6TqK https://us.teamblind.com/article/i-manage-a-multi-million-cr...
• 086421357909764 9y ago
  People need to stop with the 'sophisticated attack" shenanigans. No one is going to say 'un-sophisticated attack", when the reality of it is, it usually boils down to negligence. My bet is on an insider. Interesting in this case is that the CTO / Co-Founder's son was previously arrested for creating the "Mariposa" bot net and money laundering. https://krebsonsecurity.com/tag/matjaz-skorjanc/ https://krebsonsecurity.com/tag/matjaz-skorjanc/ http://www.bbc.com/news/technology-25506016 http://www.bbc.com/news/technology-25506016
• 659087 9y ago
  "Sophisticated hack" in crypto translates roughly to "we decided our customers' money was better off in our bank accounts than theirs".
  • 086421357909764 9y ago
    Exactly.. the "we had hot wallets for all our currency" excuse would have worked 6 years ago, not so much today.
• djroomba 9y ago
  Yikes. This is the reason Im fearful of bitcoin.
  • astrodust 9y ago
    Rackets like this happen all the time. What makes Bitcoin different is often a lack of recourse.