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Author Topic: FixedFloat has been hacked (26M $)  (Read 542 times)
LoyceV
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April 10, 2024, 07:06:26 AM
 #41

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We would like to emphasize that financial losses affected only our service; hackers stole funds to ensure the liquidity of the service, that is, the company’s funds and user funds were not affected.
So those were not customer money nor company funds, was it the hacker's own money, or what cause if somebody provided liquidity for your company then it's your company money, and you're going to have to pay it back!!!!
The first one might have been a genuine hack, this one sounds like an exit...s word!
This sounds like an inside job: first drain the company, than drain the next guy involved.

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April 10, 2024, 02:58:02 PM
 #42

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We would like to emphasize that financial losses affected only our service; hackers stole funds to ensure the liquidity of the service, that is, the company’s funds and user funds were not affected.
So those were not customer money nor company funds, was it the hacker's own money, or what cause if somebody provided liquidity for your company then it's your company money, and you're going to have to pay it back!!!!
The first one might have been a genuine hack, this one sounds like an exit...s word!
This sounds like an inside job: first drain the company, than drain the next guy involved.

Sound like they are being vague on purpose.

Had  they said this:

No customer funds were lost.
The funds we have to run the company on a day to day basis (hosting, payroll, etc) were not lost.
The only funds lost were those that were in hot wallets that were needed to run the service on a day to day basis.

Is much more clear. But at that point they have no wiggle room.

The generic ambiguous statement that they put out can mean just about anything.

Also, English may not be their native language, they may not know what they said outside of Google Translate....

-Dave

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