> The recent spate of losses suffered by crypto exchanges and digital wallets ... have been on-going for years. Complex systems introduce a huge amount of att

> The recent spate of losses suffered by crypto exchanges and digital wallets ... have been on-going for years. Complex systems introduce a huge amount of attack surface. Verifying systems is expensive and slow. And this was all a scam anyway. This is mostly an article about the exchanges and gets a few details wrong but the overall gist is that the federal agencies and regulators are cracking down and finding out what the black hats knew all along.