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Aditya Baradwaj, a former employee at Alameda Research, recently illuminated the risky, rapid operational practices at FTX and Alameda, pointing to skipped safety protocols. In a Twitter thread, former Alameda Research employee Aditya Baradwaj looked inside the lack of risk management policies and procedures at cryptocurrency exchange FTX and trading firm
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An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021. Source
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A $5 million hack of Ankr protocol on Dec. 1 was caused by a former team member, according to a Dec. 20 announcement from the Ankr team.The ex-employee conducted a “supply chain attack” by putting malicious code into a package of future updates to the team’s internal software. Once this
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A former employee of DeFi protocol Ankr maliciously caused a $5 million exploit earlier this month, according to a blog post published on Ankr's website. Original Source
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KeyFi founder and CEO Jason Stone in early July filed suit against Celsius, accusing his former employer of market manipulation, among other charges. Source
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The roughed-up crypto lender froze withdrawals last month and later said it was exploring restructuring options. Source
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The news about the victory in the lawsuit filed 2 years ago has pushed the price of Tesla (TSLA) stock higher.Electric automaker Tesla Inc (NASDAQ: TSLA) has clinched victory in the lawsuit filed in 2018 against its former employee Martin Tripp. As reported by Reuters, Martin was fired for hacking
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Decentralized derivatives exchange Digitex has fallen victim to a significant data breach believed to have exposed the email addresses and possibly other information of more than 8,000 users.A former employee stole private information for more than 8,000 users, Christina Comben, who heads Digitex's communications, said Friday. Comben told CoinDesk the
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