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Fiddling your own accounting system is not really a "back door". It's just lying. So far that sums up this whole fraud: it's just bare faced stealing, there is
by LatteLazy 4y ago
Fiddling your own accounting system is not really a "back door". It's just lying.
So far that sums up this whole fraud: it's just bare faced stealing, there is no complexity or master plan...
- Animats 4y agoYes. It's surprising how dumb this whole scam was. Had nothing to do with cryptocurrency technology. It was straight theft of customer assets. Then they lost the money they stole. Probably because they were trying to double-down and win back previous trading losses. Most crypto scams are better run than this. They get people to buy some crap asset, take a slice of the profits, the asset tanks, and the promoters keep their cut. Axie Infinity and Yuga Labs come to mind.