Celsius Execs Cashed Out $40M in Crypto Before Halting Withdrawals for Customers

Re:Celsius Execs Cashed Out $40M in Crypto Before Halting Wi... by ethanbond on Thursday October 06, 2022 @04:19PM (#33113517)

It's quite easy: you download this Zero Knowledge Confabulator utility from github and load it up into your TAILS instance. Make sure you pull all this over Tor and use a North Korean VPN and please for the love of god verify the MD5 hashes. Once you've done this, you put your wallet key into the ConfabUtil which will produce a zk-snark. Memorize this because you will next need to go into an airgapped, seismically isolated room and write it down onto a one time pad. Now you start digging, and once you cannot dig any longer you can safely place this one time pad into the bottom of the hole, climb back out, and rest easy knowing Your Crypto Is Safe.

I sure am glad that I can be my own bank!

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Re:Celsius Execs Cashed Out $40M in Crypto Before Halting Wi... by deebosong on Thursday October 06, 2022 @08:04PM (#33115805)

This is pretty much what it sounds like to a laymen like me. It's aggravatingly complex, with like, 18 points of user error failure points. And even if I quadruple checked, I'd wanna check 17 more times after that, and I'd still feel I messed up some crucial step at some point.

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Re:Celsius Execs Cashed Out $40M in Crypto Before Halting Wi... by nawgz on Thursday October 06, 2022 @08:20PM (#33115901)

I love the juxtaposition of this comment with its sibling. Comedy gold.

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