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This was posted a few days ago with a much less sensational headline. Also important to note it was 6,000 users and Coinbase has made them all whole. https://n

This was posted a few days ago with a much less sensational headline. Also important to note it was 6,000 users and Coinbase has made them all whole. https://news.ycombinator.com/item?id=28719786 https://news.ycombinator.com/item?id=28719786

2muchcoffeeman 5y ago
What does “made whole” mean here? They transferred the missing crypto to the users?
- Mordisquitos 5y ago
  I'm also curious as to why I keep seeing the vague and somewhat uncommon expression "to make whole" in relation to the Coinbase breach. I have neither the time nor the interest to dig into the matter, but my astroturfey-senses are tingling.
  - poopsmithe 5y ago
    I've heard the term used in libertarian circles. I think it's justice without punishment. Instead of the offender being slapped on the wrist, imprisoned etc., the offender must work to restore the victim to how they were prior to the offense.
    - qeternity 5y ago
      It’s an incredibly common phrase which has nothing to do with Libertarianism.
      - drcongo 5y ago
        This.
- taylorfinley 5y ago
  "(transitive, finance, law) To provide (someone), especially under the terms of a legal judgment or an agreement, with financial compensation for lost money or other lost assets." https://en.wiktionary.org/wiki/make_whole https://en.wiktionary.org/wiki/make_whole
  - 2muchcoffeeman 5y ago
    Right but did they get money? Did they get the missing coin replaced? Is the price volatile enough that getting dollars instead of coin less attractive? I don’t understand.
    - louloulou 5y ago
      They made $1.6B in profit last quarter, I think they can swing it regardless.
q1w2 5y ago
I am unconvinced that Coinbase didn't have some sort of breach here. I don't believe they disclosed everything. Multiple people I know with Coinbase accounts were solicited by the hackers - none of them have ever mentioned to anyone that they had a Coinbase account on any social media platform.

2muchcoffeeman 5y ago

What does “made whole” mean here? They transferred the missing crypto to the users?

Mordisquitos 5y ago
I'm also curious as to why I keep seeing the vague and somewhat uncommon expression "to make whole" in relation to the Coinbase breach. I have neither the time nor the interest to dig into the matter, but my astroturfey-senses are tingling.
- poopsmithe 5y ago
  I've heard the term used in libertarian circles. I think it's justice without punishment. Instead of the offender being slapped on the wrist, imprisoned etc., the offender must work to restore the victim to how they were prior to the offense.
  - qeternity 5y ago
    It’s an incredibly common phrase which has nothing to do with Libertarianism.
    - drcongo 5y ago
      This.
taylorfinley 5y ago
"(transitive, finance, law) To provide (someone), especially under the terms of a legal judgment or an agreement, with financial compensation for lost money or other lost assets." https://en.wiktionary.org/wiki/make_whole https://en.wiktionary.org/wiki/make_whole
- 2muchcoffeeman 5y ago
  Right but did they get money? Did they get the missing coin replaced? Is the price volatile enough that getting dollars instead of coin less attractive? I don’t understand.
  - louloulou 5y ago
    They made $1.6B in profit last quarter, I think they can swing it regardless.

q1w2 5y ago

I am unconvinced that Coinbase didn't have some sort of breach here. I don't believe they disclosed everything. Multiple people I know with Coinbase accounts were solicited by the hackers - none of them have ever mentioned to anyone that they had a Coinbase account on any social media platform.