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This was posted a few days ago with a much less sensational headline. Also important to note it was 6,000 users and Coinbase has made them all whole. https://news.ycombinator.com/item?id=28719786
What does “made whole” mean here? They transferred the missing crypto to the users?
Person I know tried to reach Coinbase support human to no avail. He searched google for "coinbase support number" and dialed the number found. Friendly operator guided him to solve a problem. $50k lesson learned.
Did he solve the problem?
Earlier quoted context omitted.
What does “made whole” mean here? They transferred the missing crypto to the users?
I'm also curious as to why I keep seeing the vague and somewhat uncommon expression "to make whole" in relation to the Coinbase breach. I have neither the time nor the interest to dig into the matter, but my astroturfey-senses are tingling.
Earlier quoted context omitted.
I'm also curious as to why I keep seeing the vague and somewhat uncommon expression "to make whole" in relation to the Coinbase breach. I have neither the time nor the interest to dig into the matter, but my astroturfey-senses are tingling.
I've heard the term used in libertarian circles. I think it's justice without punishment. Instead of the offender being slapped on the wrist, imprisoned etc., the offender must work to restore the victim to how they were prior to the offense.
Earlier quoted context omitted.
I've heard the term used in libertarian circles. I think it's justice without punishment. Instead of the offender being slapped on the wrist, imprisoned etc., the offender must work to restore the victim to how they were prior to the offense.
It’s an incredibly common phrase which has nothing to do with Libertarianism.
Person I know tried to reach Coinbase support human to no avail. He searched google for "coinbase support number" and dialed the number found. Friendly operator guided him to solve a problem. $50k lesson learned.
To be fair, the search results may well have changed in between now and then but the support number isn't that hard to find on the coinbase site. Are you sure this person is being truthful, and not running their own scam?
Earlier quoted context omitted.
What does “made whole” mean here? They transferred the missing crypto to the users?
"(transitive, finance, law) To provide (someone), especially under the terms of a legal judgment or an agreement, with financial compensation for lost money or other lost assets." https://en.wiktionary.org/wiki/make_whole
I don’t understand.
Earlier quoted context omitted.
"(transitive, finance, law) To provide (someone), especially under the terms of a legal judgment or an agreement, with financial compensation for lost money or other lost assets." https://en.wiktionary.org/wiki/make_whole
Right but did they get money? Did they get the missing coin replaced? Is the price volatile enough that getting dollars instead of coin less attractive? I don’t understand.