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Ask HN: Who Key for Exchange Wallet?

2 points by vrdvn 4y ago

Big exchanges like Coinbase have centralised exchange wallets with billions of dollars, who/how many people know the private key, how do they prevent rouge employee emptying the main account?

wmf 4y ago
No employees have direct access. The private keys should be in HSMs that have automated spending policies that require multiple approvals, etc.
- vrdvn 4y ago
  Intresting, not even the CEO of the company?
  - wmf 4y ago
    No.