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A comment on FTX US’s wallets appear to be hacked, $600M leaving the exchange. Parent comment

Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by vishnugupta on Saturday November 12, 2022 @04:23AM (#33571521)
All of this is a solved problem in equity exchanges world. Escrows, SPIC etc. No need to reinvent a wheel that was invented after learning from so much of pain.

So regulators either come down heavily on these exchanges or they will let retailers continue to get conned.

[ Parent | on HN ]
Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by cdiddy2 on Saturday November 12, 2022 @06:04AM (#33572004)
Its a solved problem in crypto too. Shapeshift allowed for swapping of funds while always having control of the keys, but it was given hell by regulators. If it were allowed to grow maybe things like ftx wouldnt have gotten so big
[ Parent | on HN ]