The hacker who stole and gave back $600M has been offered a job from the company

Crosseye_Jack 2021-08-18 19:47:12 +0000 UTC [ - ]

Insert "its a trap" meme here...

Sounds like the same play Valve tried to pull off on the person who stole the HL2 code back in the day https://www.wired.com/2008/11/valve-tricked-h/

rasz 2021-08-18 23:33:04 +0000 UTC [ - ]

1 There was never $600M, it was all shitcoins with magic valuations

2 crypto is all a scam, therefore wont be surprised to learn in a few years it was inside job arranged for exposure.

vmception 2021-08-19 00:20:23 +0000 UTC [ - ]

those particular tokens could have been sold for close to $600M

or yield farmed with to earn things that could be sold - some of the DAI and others were deposited into Curve to do exactly that

and even if they sold them over time at a small haircut, that would have been on Uniswap, and all the arbitragers from exchanges would have tried to buy the discount and sell at the higher price on custodial exchanges, providing continual liquidity for the hacker

yes, this damage control is pretty amateurish

thatguy0900 2021-08-18 18:09:54 +0000 UTC [ - ]

I'm curious what the work environment would be like if they took the job. I'm assuming a lot of people at the company would hate them

vmception 2021-08-18 21:46:50 +0000 UTC [ - ]

honestly this is kind of hilarious as the Tether company still has $33 million Tether frozen

and now the new Chief Security Officer acting on behalf of the official Poly Network organization will be the one that requests Tether inc to unfreeze the stolen coins. By the guy that stole them

this ridiculous story reminds me of how crypto used to be 10 years ago lol