Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
41–50 of 122 posts
Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#42Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#43Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#44Have they punished the total number of customer deposits? They keep saying they found $x billion in assets. But no mention of the liabilities or the delta between the two.
The short answer is they don’t know. FTX’s current management is having to rebuild customer accounts by hand because they don’t trust the books https://www.wsj.com/articles/ftx-says-it-has-located-more-th...
Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#45Reminds 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.
How did they find the code? Brute force?
Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#46I want to know what the “single line of code” was
UPDATE accounts SET creditLimit = 65000000000 WHERE accountHolder = "alameda"
Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#47Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#48Impressive that it was a one line code change to allow a 65b credit line. This is some office space level stuff.
Satire is dead and the last couple decades of reality killed it.
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 imaginable.
◅ Quibi raises $2,000,000,000 to target youngsters with 10-minute quibisoides
• Movies with talking raccoons fighting space gods smash box office records
*) An AI trained on a billion monkeys with typewriters more efficiently hallucinates imagery than humans deemed possible. Prompt generated raccoons sweep oscars.
> SBF commits a 1 line change to FTX that results in 65 jillion dodge boondoggle
Somewhere a hackernews reader cackles manically in the darkness of night as he (or she!) conceives of hooking up Chat GPT to news feeds for soft real time true crime drama content generation for Netflix whilst waving goodbye to the last remnants of what was left of their sanity reading this bullshit instead of going to bed its 3am already what are you doing your brain is fried~~
(ﾟヮﾟ) A16Z invests the GDP of a small country to buy marketshare.
A Quaranteeny views a 10 second Quibi ad on TikTok for SBF: The Musical based on the novel "Git Push by SapphireAI" and gets inspired to drop out of high school and run for president.
President Comanche is sworn into office, January 20, 2029.
Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#49Earlier quoted context omitted.
No, the first conditional checks if the logged-in user is allowed to access the account by ensuring that the the user and account match. OR, if the user is sbf, they always have access regardless of which account it is. That said this wouldn't really set up a line of credit but it is a way to give one user access to everyone's stuff.
My point is that the first check would be true because the user is already sbf.
Assuming he’s using his own account.
The joke is he was using all the accounts.
Re: Sam Bankman-Fried's secret 'backdoor' discovered, FTX lawyer says
#50Reminds 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?