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Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

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Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#72
post #20
post #11

It’s not "hackers". It’s an inside job, and a rug pull.

I mean of course it was. Everything in this whole ludicrous space is a scam of one kind or another. It's amazing to me that this is still even a point of discussion. It's obviously a rug pull.

Yes, fork after fork scam to control narrative.

Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#73
post #4

Earlier quoted context omitted.

Presumably to try and reduce the chance of a mass panic among their users.

9 times out of 10 when an exchange or broker is "hacked" its been the operators of the exchange.

It's just another psyop to accomplish some job by bitcoiners for bitcoiners.

Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#74
post #16
post #13

Earlier quoted context omitted.

how is it a rug pull? if it's an inside job, doesn't that just make it theft?

What's the difference to you between a rug pull and theft?

In a rug pull, the thing you own (usually some kind of digital asset) goes down in value, leaving you with less money than you started with, whereas theft leaves you no longer possessing the asset itself.

Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#75

Earlier quoted context omitted.

I am just saying that this would not happened with a normal bank. Pure DeFi structural deficiency. But I see how polarized you are about the topic.

> I am just saying that this would not happened with a normal bank Ok, but who were you quoting before? I too see how polarized your view seems to be, given you started this conversation with arguing against yourself for some reason.

> you started this conversation with arguing against yourself

How so ?

Meanwhile, what you qualified as blog spam is actually proving to be written by a human spending too much time answering your rant.

Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#76

Earlier quoted context omitted.

Now they have 300 million dollars

That should keep openai liquid for an extra 45min or so.

Not asking whether openAI did the hack that would be insane. However, agents could buy a lot of compute with $500m bit coin.

Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#77
post #62
post #5

Earlier quoted context omitted.

Purported white-hat hackers. The implication is that these people are presumably describing themselves as such, but it may not actually be true.

This is funny. Is this analogous to finding a wallet on the street and returning it (in my locale: and getting a finders fee), or is this analogous to taking a wallet from a drunk sleeping person (morally dubious), contacting them the day after to return the wallet, or is it just stealing per se. Where I live it's only theft if there is an intention to unlawfully take ownership of the good. As an example, forgetting…

Well, exploits are different than sticky fingers. Those white hats could claim they raided preventatively.

Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#78

Earlier quoted context omitted.

> I am just saying that this would not happened with a normal bank Ok, but who were you quoting before? I too see how polarized your view seems to be, given you started this conversation with arguing against yourself for some reason.

> you started this conversation with arguing against yourself How so ? Meanwhile, what you qualified as blog spam is actually proving to be written by a human spending too much time answering your rant.

> How so ?

Who said any of the parts you quoted in https://news.ycombinator.com/item?id=49594757?

It looks like you made up all of those lines.

Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#79

Crypto is total scam, lives of many people have been destroyed, it only works until it runs out of fools. How many forks and psyops until people realize?

> it only works until it runs out of fools.

And given the world will never run out of fools, you're actually saying cryptocurrencies will continue working forever?

Re: Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

#80
post #62
post #5

Earlier quoted context omitted.

Purported white-hat hackers. The implication is that these people are presumably describing themselves as such, but it may not actually be true.

This is funny. Is this analogous to finding a wallet on the street and returning it (in my locale: and getting a finders fee), or is this analogous to taking a wallet from a drunk sleeping person (morally dubious), contacting them the day after to return the wallet, or is it just stealing per se. Where I live it's only theft if there is an intention to unlawfully take ownership of the good. As an example, forgetting…

> This is funny. Is this analogous to finding a wallet on the street and returning it (in my locale: and getting a finders fee), or is this analogous to taking a wallet from a drunk sleeping person (morally dubious), contacting them the day after to return the wallet, or is it just stealing per se.

Kind of in-between I'd say. You find a wallet, on a bench, next to sleeping person, and you see lots of other people eying the wallet to take for themselves. You take the wallet to prevent others from taking it essentially.

Not saying these people for sure are whitehats/grayhats, who knows until the funds are returned, but that's basically how grayhatters see themselves.

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