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Insider breach – Shapeshift’s story

Posted on May 20, 2016 by Dissent

@SwiftonSecurity kept telling everyone on Twitter that we #MUSTREAD the story of what happened at Shapeshift.io. And with good reason: it’s a phenomenal account of an insider breach told with the kind of refreshing honesty that’s often missing in most breach disclosures.  It also reads like a thriller.

I’m going to give readers a different link to access the story, because the site @SwiftonSecurity links to became overloaded. The story also appeared on Bitcoin on April 19, and you can access it here.  There’s also a copy uploaded to Pastebin.

I look forward to reading about the arrest and prosecution of “Bob.”

As an aside, Erik Vorhees argues that had ShapeShift complied with BitLicense regulations, the hack would have been worse.

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