Cutter wrote on Dec 20, 2021, 17:02:
The stories I read aren't about them being hacked so much as the guys who started them absconded with all the phony money.

There has been some of that, but more common is the exchange having less than thorough security, the hacker gets in, empties the customers and/or the exchange's wallet which is holding all their customer deposits. And since the transfers out of the exchange wallet are "untraceable"...

Mr. Tact wrote on Dec 20, 2021, 13:43:

Cutter wrote on Dec 20, 2021, 12:43:
Sure there is, stop using the shite!

Well, seeing as we don't see stories about brokerage accounts being hacked on a regular basis, I going to guess something could be done. They just aren't willing to do it. Then again, even if they did break a brokerage accounts, the money transfers are far more traceable than the crypto transfers, which is why they go after the crypto. Basically one of the things which advocates tout as an advantage is one of the very things which makes crypto vulnerable...

The stories I read aren't about them being hacked so much as the guys who started them absconded with all the phony money.

All Govts need to ban this crap. its best for everyone and then Video Cards can return to normalcy again.

Cutter wrote on Dec 20, 2021, 12:43:
Sure there is, stop using the shite!

Well, seeing as we don't see stories about brokerage accounts being hacked on a regular basis, I going to guess something could be done. They just aren't willing to do it. Then again, even if they did break a brokerage accounts, the money transfers are far more traceable than the crypto transfers, which is why they go after the crypto. Basically one of the things which advocates tout as an advantage is one of the very things which makes crypto vulnerable...

Sure there is, stop using the shite!