If a bank were to be hacked for $1.4 billion:
- Freeze withdrawals
- Inform government
- Set up an inquiry commission
- years of investigation
- Customers standing in queue
- Branches closed
- Competitors getting an advantage
Bybit exchange hacked $1.4 billion.
- CEO came live
- Industry united
- Competitors lend support
- 1 hr and everything back to normal
- Industry itself is tracking and freezing
- Zero withdrawal pending
This is what they don't like about crypto -> UNITY.
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