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Author Topic: Elaborate Scams through Hacks  (Read 155 times)
R_Block (OP)
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November 21, 2017, 10:34:47 AM
 #1

Hi all I am increasingly being frustrated at the number of hacks popping for Cryptoprojects. With Mt Gox CEO's still being allowed to keep millions from his company and Thether, Parity,etc losing their money. I wonder how easy it might be to collude with someone to swindle people out of their money claiming that "oh there was a hack...". 


https://news.bitcoin.com/winner-mt-gox-trial-mark-karpeles/
https://tether.to/tether-critical-announcement/
https://www.theregister.co.uk/2017/11/10/parity_280m_ethereum_wallet_lockdown_hack/

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November 21, 2017, 02:39:38 PM
 #2

ethereum lockdown funds wasn't really a "hack". This was poorly executed testing of vulnerability.

I agree with the other statements though. However big time hacks and steals are nothing new in crypto I can remember number of 1000+ BTC hacks/scams from the top of my head. Irreversibility attracts all type of fraudsters.
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