Who could have predicted he would do that?

The prosecutors were probably making bets on how long it would take before SBF broke his bail conditions.

But NordVPN told him he couldn’t be tracked!

Give a guy a break, he was probably just watching French Netflix!

New indictment here:

Beats making coffee.

Bizarre article from NY Mag trying desperately to pin FTX on Gensler:

The onebox doesn’t have the real headline, which is: “Can Gary Gensler Survive Crypto Winter”. Which is insane given how the narrative from the crypto industry for the last several years is that Gensler is a crypto hater who has been refusing to give firms a clear path to operating without getting sued by the SEC for securities law violations - see this for instance, just yesterday. Gensler has come out of the crypto winter looking better than pretty much any policymaker in the world. Is there more he could have done? Probably. Would anyone else (under Trump no less!) have done more? Probably not.

Nicely played.

Expecting principled consistency from libertarian techbros could also be a form of insanity ;⁠-⁠)

Hackers drained millions of dollars in digital coins from cryptocurrency ATMs by exploiting a zero-day vulnerability, leaving customers on the hook for losses that can’t be reversed, the kiosk manufacturer has revealed.

The heist targeted ATMs sold by General Bytes, a company with multiple locations throughout the world. These BATMs, short for bitcoin ATMs, can be set up in convenience stores and other businesses to allow people to exchange bitcoin for other currencies and vice versa. Customers connect the BATMs to a crypto application server (CAS) that they can manage or, until now, that General Bytes could manage for them. For reasons that aren’t entirely clear, the BATMs offer an option that allows customers to upload videos from the terminal to the CAS using a mechanism known as the master server interface.

Over the weekend, General Bytes revealed that more than $1.5m worth of bitcoin had been drained from CASes operated by the company and by customers. To pull off the heist, an unknown threat actor exploited a previously unknown vulnerability that allowed it to use this interface to upload and execute a malicious Java application. The actor then drained various hot wallets of about 56 BTC, worth roughly $1.5m. General Bytes patched the vulnerability 15 hours after learning of it, but due to the way cryptocurrencies work, the losses were unrecoverable.

I’m astounded by how crypto bros continue to sound this out as a feature.

A victimless crime

What is an ‘unknown threat actor’? Do they mean… ‘thief’?

The cool thing to do now is use lots of words to describe things we have a word for already. I blame SEO

These are all inside jobs.

Hahahaha

The SEC on Wednesday disclosed that charges were filed against eight celebrities in connection with the broader investigation of crypto entrepreneur Justin Sun and three of his companies: Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc., which marketed crypto asset securities under the brand names Tronix (TRX) and BitTorrent (BTT).

The eight boldface names were charged with “illegally touting TRX and/or BTT without disclosing that they were compensated for doing so and the amount of their compensation,” according to the SEC.

The list also includes rapper Soulja Boy, singers Austin Mahone and Akon and adult film star Kendra Lust. All but Mahone and Soulja Boy (aka DeAndre Cortez Way) have reached settlements with the SEC that involve “more than $400,000 in disgorgement, interest, and penalties to settle the charges, without admitting or denying the SEC’s findings,” per the SEC.

I guess I’ll put this here, because crypto!.

Linus Tech Tips youtube channel was phished, hacked, plastered with Tesla/Musk/Crypto scam videos and delisted - all in the space of a few hours.

image

Lol

How will I see tech videos with thumbnails with some guy looking shocked or confused