the fact that it has been executed so poorly to me seems like it is an insider who woke up and thought they could get away with it because they hd access to the keys

I can't wait to watch the Netflix series.

If you think about it, even his name seems to be a troll.

Wouldn’t an insider be an expert on crypto markets? They literally ran one

No. Not all insiders would necessarily be professionals as covering their tracks post crypto hack. They could just be someone who knew they had access to the keys and said "screw it my life is already horrible lets try this".

Another option is honestly an insider who got screwed (a lot of employees had a TONNE of money on FTX) selling the keys they knew of to someone else.

The latter immediately occured to me. It is a lot easier to claim ignorance if your key gets used by someone else to drain the vault, than it is to drain the vault yourself.

Or they got screwed and thought about how to screw the higher ups even more. They never need to cash out the money to do this.

Nobody will ever not be suspicious of SBF and his inner circle again after this hack.

If it were just a big collapse and it went like an ordinary bankruptcy with the creditors getting a haircut, he'd just be considered an idiot. Money mysteriously vanished? Now he's malicious as well, and any court is going to ask SBF where it went, and even if he didn't know nobody would believe it.

Not well!

1) this is not the market. It’s just blockchain txns.

2) trust me when I say, no one in crypto except some very very select exchanges actually know how to make a market trading software. They think they can compete with NYSE which is large and employs such incredible talent that it still survives in a really tough industry. They’re likely closer to my grad school project, which even I can tell you, sucked absolute balls.

They may not have been involved in the operations of how to run the software/make the trades/interface, who knows they could just be a physical security person that realized there was an opportunity in the chaos.

I haven't seen any public information that tells us who it might be, this is all guess work, but it really doesn't look like a professional operation like Lazarus Group

1. Not all the insiders are very skilled, as we can see from these things blowing up in expected ways.

2. Even if you ARE a skilled insider, you may have no experience with laundering coin.

3. The biggest/best coin launderer was killed (tornado?) recently, so you may have to learn everything again.

4. You may be an expert with a gun to your head in some basement in God knows where, and trying to not be shot.

Source on this tornado comment? This entire story is just so wild that it’s hard to keep up.

When everyone's getting fired because the company went bankrupt, loot the office so you can get a nice chair as your final paycheck rather than letting that chair go to the creditors.

There are reports of SBF having used a backdoor to move funds. https://twitter.com/BTC_Archive/status/1591365581550551043?r...

It’s unclear if that’s a legit source though.

I've heard this, but seen no real evidence. As of right now it's hearsay

More hearsay, but it seems to be increasing. https://www.tiktok.com/t/ZTRxcP6dx/

Mostly posting it for later, in case it turns out to be true.

There was also a tweet trying to pin it on a specific coworker.

Announcement of an announcement that the hacker’s identity is theoretically about to be uncovered. https://news.ycombinator.com/item?id=33577311

Seems obvious it’s an insider

almost surely an insider.

Probably SBF himself. Even if he can’t use this funds directly he can use them as collateral with a more skilled group to fund his eventual escape from the authorities

I would be more inclined to think insider, but I suppose it could also be an external player. Maybe they have had access for awhile and been waiting for the right time, whenever that would have been. Either way, their hand would have been forced as of the last few days as they seem to be acting hastily.