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(The Register)   Another cryptocurrency exchange hacked, another day that ends in a 'Y'   (theregister.com) divider line
    More: Obvious, Deposit account, Asset, Venture capital, Money, Balance sheet, later update, Monday update, KuCoin's hot wallets  
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349 clicks; posted to Fandom » on 28 Sep 2020 at 8:49 PM (8 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-09-28 9:06:38 PM  
I think that most of these exchange hacks are actually the owners cleaning them out.
 
2020-09-29 2:25:31 PM  

KarmicDisaster: I think that most of these exchange hacks are actually the owners cleaning them out.


I'm shocked, shocked I tell you. It's actually tougher than you'd think to do that, because most of the crypto-coins are on blockchains where they're auditable, so it takes a bit of work to hide the stolen loot.

But yes, that does seem to be a popular exit strategy. If you do need to use a cryptocurrency exchange, just use it for your transactions and don't keep any money there.
 
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