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Joined 1 year ago
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Cake day: September 17th, 2023

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  • There are a few ways that the court can get this money. Disclaimer I am not an expert in bankruptcy law.

    The most obvious one is what you said. The court can order the company’s assets to be liquidated and then the proceeds of the sales would be distributed proportionally among the creditors.

    Next they can go after the perpetrators like Sam Bankman-Fried and his crew. If they have any personal assets that they acquired as a result of their criminal activity at FTX, the court may be able to take some of that money to pay creditors.

    Lastly is “clawbacks”. Let’s say you invested $1,000,000 in FTX and you were one of the lucky ones and happened to withdraw $10,000,000 in proceeds during the height of the scam. The court could claw back up to $9,000,000 from you since all of those proceeds were the result of a scam, even if you had no idea that FTX was shady. This is typically how the courts recover money from ponzi schemes like Bernie Madhoff


  • What a brain-dead take. If your threshold for true safety is “literally no one can force you to decrypt it or affect the system in any way” then of course it’s insecure, and so is everything else unless everyone writes their own crypto implementation yourself locally.

    “oh I compile my binaries from source so I’m safe”

    Someone could compromise the source repo and have it serve a compromised version to your machine. I guarantee you aren’t reading the entirety of the open SSL source code before you compile it.

    Anyone that takes this article seriously should read On Trusting Trust. It’s a very short essay that states the point much more eloquently than the post author that you eventually have to trust someone. Whether that’s Apple or Signal or some random maintainer of your crypto implementation library, you have to trust someone that it hasn’t been backdoored.


  • You should definitely set up a DMARC record to prevent other people from using your email domain to send spam. If you don’t have DMARC configured, other email servers will give any senders the benefit of the doubt and accept mail that claims to be from your domain.

    You can just set the DMARC record to reject 100% of unverified mail and call it a day. Since you aren’t sending anything it won’t affect you.