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

businessinsider.com

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

#111

Earlier quoted context omitted.

“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.

I'm not using "dumb blonde" to describe what led up to the scandal, I'm using it to describe his responses to questions after the scandal.

So a description like dumb or dishonest or ignorant would seem much more accurate and useful.

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

#115
post #10
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.

The article says “single number”, not “single line of code”.

Probably an array of primary key id INTs which are allowed to bypass some check function. Add Alamedas account ID, gg.

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

#116
post #87
post #78

Earlier quoted context omitted.

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.

I recently recieved an email from Phillips (re CPAP recall) which said "In the meantime, your device registration confirmation number is 2.02xxxxE+15." [some digits obscurred by me, although they dropped some of the trailing digits].

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

#117
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.

maybe. but there are underhanded code contests that are about submitting code that contains purposeful bugs but that aren't easily detected, and if detected, look like genuine mistakes (like off by one errors etc) rather than deliberate malicious code

see http://www.underhanded-c.org/ for the contest in C, and the one for rust is offline, but can be read here

https://web.archive.org/web/20190511070359/http://blog.commu...

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

#118
post #50
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.

What would the "5000off" promo code do? Provide a discount by 5000 gazillion percent?

$5000 off your entire booking, down to $0.

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

#119

Earlier quoted context omitted.

[flagged]

I think Marc Rich enjoyed much better connections than SBF

It's true. Rich had Mossad leadership campaigning for his pardon because they used his company's offices as fronts.

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

#120
It seems insane that they'd let the limit be that high ($65B) but it's really quite reasonable when you look at it from the POV of already performing fraudulent activities. Once you're in the $100M-$500M range of theft, do you really care, does it really register morally/ethically (to the thief), if you bump that up to $65B?
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