FTX US’s wallets appear to be hacked, $600M leaving the exchange

Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by xeromal on Saturday November 12, 2022 @09:28AM (#33573341)

I think MTGox was actually worse just due to the small size of the market then and how much of a joke their security was. FTX just seems like a fleecing job that tons of crypto exchanges and businesses have pulled off. MTGox was sheer incompetence.

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Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by zeven7 on Saturday November 12, 2022 @11:58AM (#33574840)

I would consider the moral failure of SBF to be worse than the incompetence of Karpeles.

Also, SBF was a billionaire hobnobbing with politicians and celebrated by Forbes. Karpeles was some confused dev on his computer who loved his cat and wanted to build a coffee shop.

SBF's failure is going to have larger consequences outside the crypto sphere.

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Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by mi_lk on Saturday November 12, 2022 @01:17PM (#33575525)

Is there anything happen to Karpeles in the end for what he did with mtgox?

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Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by richardknop on Saturday November 12, 2022 @02:08PM (#33576022)

He was in a custody for about a year, he was later sentenced to a suspended year in prison. He still lives in Tokyo, no idea what he does for work now though.

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Re:FTX US’s wallets appear to be hacked, $600M leaving the e... by lupire on Saturday November 12, 2022 @01:38PM (#33575722)

Jeffrey Epstein funneled hundreds of million of dollars (and 16-yr-old girls) through politicians and business celebrities, and there were trivial consequences outside his family.

SBF just stumbled into money and spread it around, like the Oculus guy.

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