Reply to post: Re: It's the standard planned Exit Strategy

Korean cryptocoin exchange $30m lighter after hacking attack

I ain't Spartacus Gold badge

Re: It's the standard planned Exit Strategy

Or even if it's not planned, it's such an obvious move to make. You've got large amounts of a hard to trace commodity with value. You're not regulated or audited terribly well, and they tend to be quite small organisations So if profits collapse, or something goes wrong, or even if there's a genuine small hack that's going to destroy confidence in your company, what do you do? Well you could just shut-up shop. But the temptation is going to be there, to make off with the stock and say "a big boy did it and ran away."

That was what happened to all the banks when I played EVE Online. Even the honest ones. They got the admin wrong, screwed up, or just got bored. Then as often as not, took the rest of the money and ran. Something EVE encouraged of course...

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