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odyssey7 • today at 4:41 PM • 4 replies • view on HN

The lawsuits are coming, and the systems have logs. There is no incentive to lie about technical details that will come out in discovery in due course.


Replies

travisfromusa • today at 5:34 PM

Don't forget that logs can be faked unless they are obtained directly by law enforcement forensic teams. In the case of Binance EU, their parent company is an offshore entity outside the direct reach of US and EU authorities. Consequently, anything Binance says or presents will most probably be taken as-is by western courts.

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.

nullorempty • today at 5:13 PM

Well, the alternative to blaming it on an interview is to admit that system is insecure. Admitting that kills the company right off the bat

nullorempty • today at 5:05 PM

You can fake logs.

moralestapia • today at 5:15 PM

Oh, don't you know about this?

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!