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/biz/ - Business & Finance

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>> No.9516855
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9516855

>>9516823

holy shit. Is SMS 2FA the weak link here?

>> No.9516863
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9516863

>>9516823
>not keeping your whole stack in Poloniex on level 1 verification with a $2000 daily withdrawal limit

>> No.9516867

>>9516823
he must be stoked then

>> No.9516879

FUNDS ARE SAFE

>> No.9516897

I would kill myself over $10k (poor country), I wonder how he will cope.

>> No.9516900

>>9516823
sim swapped

shady social engineering tactic

probably jacked most of this dude's life savings

never use sms 2fa and always use google authenticator, authy, etc.

that dude obviously didn't have authy on his gemini account. fail.

>> No.9516927

>le fbi and interpol
Kek

>> No.9516974

>>9516855
SMS is trash. Any random guy could call your cell service provider pretending to be you to get the 2fa codes.

>> No.9516989

>>9516823
shit like this is why crypto will be so difficult to go truly mainstream. Which pension fund is going to risk have 500billion of assets stolen.
The security protocols need to 10x'd or locked before crypto can even be considered safe.Until then we are still in wild wild west stages where your transporting a bunch of gold across lawless territory

>> No.9516990

>>9516823
its probably someone he knows. People always make hackers out to be some kind of mysterious boogyman but you can do this shit with a couple google seaches

>> No.9517008

looks like he didn't have 2FA, but his only protection was his cell number, which isn't even under his control anyway, its up to his provider to decide what happens to that number.

>> No.9517035

>>9516989
its why we will have crypto "banks" just like normal banks, or more accurately like custodian gold. none of these company that want exposure to BTC will own any themselves, they'll hold it through some company or via an ETF

>> No.9517062

>>9516989
Security protocols are fine, most people just don't understand how to work them effectively. You can't make a system idiot-proof without making it unusable.

>> No.9517066

>>9517035
>s why we will have crypto "banks" just like normal banks
Possible. But it's still harder to defend actually existing money (crypto) against theft than money that never existed and is only a value in your database and can be booked back by you and your pals (the bank with fiat).

>> No.9517080

>>9517062
>Security protocols are fine, most people just don't understand how to work them effectively.
That means they aren't fine. Chances are you don't understand it either, by the way.
t. IT programming all-knowing dolphin

>> No.9517127

Lol that moron thinks it was 2 people because of 2 IP addresses. How can he even reconstruct the happening so well?

>> No.9517162

>>9516927
God this Liam Neeson larp was so satisfying.

>> No.9517198

Haven't heard of someone getting hacked with pgp set up. But I guess most people are too retarded for that.

>> No.9517202

>>9516823
The problem iwth crypto is the lack of reimbursement if someone sells your cash. Larp on the USD all you want but they expect a fair amount of leakage and will just print more to cover the difference.
Crypto doesnt have that backing, so some institution knowing their money could be stolen with the click of a mouse wont touch crypto till those issues are finalized and addressed, that means things that WONT make crypto anonymous

>> No.9517236

I don't even feel safe holding my 200k on a hardware wallet. My seed is written down and hidden, but still, IF someone would find it, you just instantly lose all your money.

>> No.9517269

>>9517236
hope you back up that paper. i heard what the winkeless vosses did was to cut up and seperate them physically

>> No.9517272

>>9516823
>That pepe
>That link
Anon....

>> No.9517276

>>9517236
Why not keep it in a safety deposit box at the bank

>> No.9517296

>>9517236
You're expected to have multiple wallets.

>> No.9517346

>>9517296
Think I'll do that to feel a little safer. Split it up over 4 wallets. Also, I'm going to write my seed down backwards. Could completely mindfuck a potential thief, while being pretty easy to remember yourself

>> No.9517369

>>9517346
Encrypting your private key is a must if you write it in a piece of paper. Or recording it in audio in the middle of a song while encrypted and make some copies in USB's well distributed

>> No.9517371

TLDR, but one thing is certain:

FUNDS ARE SAFE

>> No.9517383

>>9517369
And only acceding your wallet offline.

>> No.9517441

>>9517276
Do you 100% trust all the bank’s employees to not peep at it and memorize it? I don’t.

>> No.9517485
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9517485

>law enforcement can then subpoena the exchange

kek does he know about chink exchanges

>> No.9517520

>>9517369
I have a ledger and I don't know my private key, only my seed. Can you give me some more advice about encrypting or safely storing the seed? Much appreciated

>> No.9517569

>>9517441
You need two keys to get in. I have one and the bank has one. They need to rekey it if I lose mine. Bank workers don’t know what I put in there and there are hundreds if not thousands of boxes in the room. I think my odds are pretty good. Damage wise, it’s in a fire and waterproof bag and I chose a bank that’s 2-5 minutes from a fire station. I think I’ve covered most possibilities but if you have any other suggestions I’d love to hear them