Crypto wallet security as seen by security engineers

Re:Crypto wallet security as seen by security engineers by jjnoakes on Wednesday December 15, 2021 @09:48PM (#29574243)

A list of compromises or exploits isn't a source for the claim that there aren't legal repercussions or avenues of recourse that could be pursued.

[ Parent | on HN ]

Re:Crypto wallet security as seen by security engineers by NicoJuicy on Thursday December 16, 2021 @02:28AM (#29575933)

Most hackers can't even be found, since it goes to tornado Cash and owners are clueless or it's an intern job.

So plenty of examples on that site.

What would the recourse be if none of the malicious actors can be found? ( In almost all cases).

[ Parent | on HN ]

Re:Crypto wallet security as seen by security engineers by iostream23 on Wednesday December 15, 2021 @10:37PM (#29574492)

Wait, are you saying that there is recourse for reversing blockchain transactions?

[ Parent | on HN ]

Re:Crypto wallet security as seen by security engineers by jjnoakes on Wednesday December 15, 2021 @11:05PM (#29574679)

See the DAO hack for precedent.

[ Parent | on HN ]

Re:Crypto wallet security as seen by security engineers by NicoJuicy on Thursday December 16, 2021 @10:21AM (#29579013)

There's no result in court. So what's the recourse now at this moment ?

Additionally, they were lucky they could find the 16 yr old kid, otherwise they wouldn't known in which jurisdiction to sue :)

Welcome to the decentralized world!

[ Parent | on HN ]

Re:Crypto wallet security as seen by security engineers by jjnoakes on Thursday December 16, 2021 @10:44PM (#29587447)

Sorry, not following. The recourse I was referring to was a fork and modification of the transactions in question.

[ Parent | on HN ]

Re:Crypto wallet security as seen by security engineers by NicoJuicy on Friday December 17, 2021 @08:17PM (#29600468)

Okay, part of the subject was "legal repercussions" and i thought it was related to that.

[ Parent | on HN ]