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820 - Lawrence Lewitinn: What would you do with a stolen 4 Billion dollars
The James Altucher Show
Bitfanex Hacking
2min Snip
00:00
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30,000 of the 100 million bitcoins were moved from one wallet to another. The hacker could have been trying to steal a little bit and end up stealing a lot. It's still being debated whether or not they had just autimated that which essentially nenegated the whole thing. They put in place some k y c a m l rules, but they were not fans of it so they made it, yes, they put in these checks,. But the checks may have been easy to overcome by design and that whoever hacked it took advantage.
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