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by zoklet-enjoyer 1315 days ago
They didn't have a system set up to protect against that. Their private keys were on a shared email account
3 comments

(Lol. Sorry for the empty comment, but this FTX situation is just a comedy gift that keeps on giving. I imagine in 5 years we’ll still be discovering new things to find funny about it.)
Holy wow. That's wild.

Ten years ago when my crypto was worth barely anything I had an airgapped, full disk encrypted, RasPi which required a Shamir's Secret Sharing key arrangement to unlock as my cold storage... just because it was something fun to setup.

Here a multi-billion dollar enterprise has less sophisticated OpSec. Just... wow.

It was run by a dude who plays League of Legends on conference calls and openly encourages his employees to take amphetamines to increase their job performance.
> dude who plays League of Legends

A dude who plays LoL badly. Embarrassingly badly for his number of games.

That is weird. If you're going to make League of Legends such a big part of your public image, you'd think you'd put at least a little bit of effort into it.
That's on the level of this story,

https://news.ycombinator.com/item?id=33536676