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Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

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Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#81
post #53

Earlier quoted context omitted.

$65B seems oddly specific - could it be that they just set the liquidation limit for Alameda's account to 65,535 (max 16bit unsigned int), in millions of dollars?

It feels more likely that he just chose $65B rather than an exchange using unsigned 16 bit integers to do accounting.

a 16 bit unsigned integer with a unit of a million dollars, a very odd choice indeed

Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#82
post #61
post #48

Earlier quoted context omitted.

Every once in a while I read about some wanna be criminal mastermind that got his idea for a crime from some TV show. Maybe everything is feeding on itself and that's what the singularity actually is, humanity disappearing up its own butthole. Logic as follows: A) Truth is stranger than fiction. - Golden age of streaming begets insatiable thirst for content. 3) An army of writers bangs out every ludicrous plot line i…

Yup, President Comanche timeline is in a film posing as a comedy, but which is actually a time-shifted documentary with the value of T unknown (and definitely not the stated value)...

The most unbelievable part of it is that the president would actually admit he didn't know what he was doing (and actually want to fix a situation out of genuine care) rather then double down and just have the protagonist killed in order to maintain control over whatever was left.

Or that Brawndo wouldn't have carried out a character assassination (or a genuine one) to keep sales rising for another quarter.

Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#83

I don't see it mentioned in the article but is SBF still doing the "dumb blonde" act as though this were all an unintended accident or have his lawyers gotten him to tighten his lip?

“Dumb blonde” is not useful and such a silly stretch…I don’t think this was a good choice for a description of his actions and weakens the potential impact of your comment considerably.

[flagged]

Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#84
post #8

I'm guessing this "single line of code" called a function which was 9000 lines. Regardless this is pretty damning smoking gun information if true. "uh-oh, sphaghettio"s becomes a pretty tough legal defense.

def credit_limit(customer_name) return 65,000,000,000 if customer_name == "Alameda"

    # process normally
end

Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#85

I don't see it mentioned in the article but is SBF still doing the "dumb blonde" act as though this were all an unintended accident or have his lawyers gotten him to tighten his lip?

You would think if you were raised by Stanford law professors, you would know the importance of staying silent and not incriminating yourself (especially on record). But I guess SBF has a superiority complex and thinks he can evade punishment if he can manipulate the right people.

Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#86
post #9

Reminds me back at a certain large travel website I worked at, someone left the debug promo codes enabled in prod... Eventually someone found the "5000off" code, and posted it to Slickdeals. We had alarms for bookings that lost us money (especially with bundled flights), so it was found relatively quickly, but around 30 people had used it already... Except SBF was just massive fraud, not a whoopsie doopsie.

For codebases with deployment modes, best practice may be to have a test process defined in your CI/CD to run when you spin-up prod that verifies all non-prod features are fully disabled.

Thank you for that.

Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#87
post #78

Earlier quoted context omitted.

This is FTX, remember.

Nah, seems like they'd be more likely to use floats for accounting.

Not quite the worst use for floats, bad though that would be.

I've received a few SMSes over the pandemic that used a float for their caller ID.

Not sure why the German Federal government chose to identify itself as "+4.4786E+11" when welcoming me into the country (actually me switching my UK SIM card to no-longer-Airplane-mode) and telling me to quarantine and test.

Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#88

Earlier quoted context omitted.

For codebases with deployment modes, best practice may be to have a test process defined in your CI/CD to run when you spin-up prod that verifies all non-prod features are fully disabled.

Thank you for that.

You learn something new every day

Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says

#89
post #53

Earlier quoted context omitted.

$65B seems oddly specific - could it be that they just set the liquidation limit for Alameda's account to 65,535 (max 16bit unsigned int), in millions of dollars?

It feels more likely that he just chose $65B rather than an exchange using unsigned 16 bit integers to do accounting.

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