Posted by smalltech 4 days ago
They have a massive incentive to invent a story to cover up the incident. I'm not saying it's a cover-up, but the motive is definitely there.
North Korea has denied responsibility, whereas they usually own up to their actions.
Disregarding that, it just doesn't make sense for their internal security to be so lax.
I've worked at big companies but with AUM lower than Binance, a lot of control and safeguards are in place to prevent one "rogue" employee from stealing everything.
It's pretty much impossible for a company like Binance to not have implemented such things. I do not buy it.
Another important note is that Binance has a strong incentive to cover up certain details, given that the company itself is anything but transparent. They also control CoinMarketCap, where they promote only projects that serve their own interests, while rejecting legitimate projects due to Binance's conflicts of interest. Several public reports and data document these practices.
Google any of these names: Sam Bankman-Fried, Jordan Belfort, Elizabeth Holmes, Kenneth Lay, Bernie Madoff or Jeffrey Skilling.
Man, you're going to have fun reading about what they did!
Dont trust anything anymore.
This is what crypto is all about: decentralized tokens that require central management and control to be useful and prevent fraud.
The biggest irony is that we get at least a couple of signups every month from South Korea, Russia, India, Nigeria just to try getting access to our platform for running these attacks ..
Here is the most recent copy paste from a Calendly invite ..
>Invitee Email: >ashley@cairnsovereign.net
>Invitee Time Zone: >Central European Time
>Questions:
>Please share anything that will help prepare for our meeting.
>We are an MSP from the UK that is look for a deepfake platform to run campaigns for our clients. We typically use open source software but there is a gap in our portfolio for deepfake testing that we can't fill with our usual open source philosophy.
The company website https://www.cairnsovereign.net/ was registered just 2 days ago .. they have no linkedin presence, fake CEO and fake CTO and fake everything ..
I still accepted the invite and joined and the person has a strong northern british accent .. he askd me to let his AI bot join the call to take notes ... i refused .. to which he swore and said that if a meeting bot is not allowed .. then i dont want to talk and abruptly hung up ...
PS: if anyone wants to see .. this is what a real time voice impersonation call and real time deepfake faceswap .. looks like ..
https://www.bbc.com/audio/series/w27vqd03
(It's also on Spotify, Apple Podcasts etc)