Holy shit. Bitfinex Hacker = DAO exploiter

@theblonde82

Stay tuned.

Ƀruce Wanker on Twitter (Soundcloud of a leaked convo between certain Bitfinex execs)

Bruce Wanker is a crypto whale. He market makes and market takes on various exchanges. So during several trading stops due to "outages" in July on Bitfinex when they decided to force close margins at the cost of millions, Bruce devised a plan to shit all over Bitfinex using known loopholes in their relationship with BitGo faulty-sigs with auto withdraw confirmation. No safeguards.



He'll do a formal interview in the coming days. This is his first press release (hahaha). This guy's style makes him a hard fellow to dislike despite what he did. I was thoroughly entertained. Don't mind the crazy Spanish folks lol.

But following his advice, Phil Potter and team have effectively erased tens of millions of dollars in debt by allowing it to be traded on the open market. With BFXcoins pegged originally at $1 when issued, they're now sitting at around $0.30. A fucking rabbit out of a hat scam that needs some light shown on it.

They have yet to announce when these coins will be redeemable. And they've released NO official details on the hack either. Gee, wonder why?

 

Their reactions were hilarious, but their teeth are what got me giggling.