Let’s be clear: these data dredging requests by Treasury will result in violent attacks on crypto users.
Why? Because Treasury got hacked and can’t secure their data. Lists of home addresses of crypto users will keep leaking, as they did with Ledger. And criminals will use them.
Why? Because Treasury got hacked and can’t secure their data. Lists of home addresses of crypto users will keep leaking, as they did with Ledger. And criminals will use them.
https://twitter.com/jerrybrito/status/1341863560696238092
This is not a theoretical worry. @lopp has compiled a repository with many published physical attacks on Bitcoin users. github.com/jlopp/physical…
The hack of Treasury is not a theoretical worry either. It follows massive hacks of OPM, the State of Texas, and many other government organizations.
And these are just the reported attacks! politico.com/news/2020/12/2…
And these are just the reported attacks! politico.com/news/2020/12/2…
The idea of forcing companies to surveil millions of people — and then getting the database leaked on the internet — is a scenario beyond what even @Snowden envisioned.
To “protect” you from crime, they (predictably) give data to criminals.
To “protect” you from crime, they (predictably) give data to criminals.
Treasury’s hacks will cause violent attacks.
Until they can prove to an external auditor that they can secure their data, which will mean a multi-year hack-free period, they must stop asking for data that will predictably leak to criminals.
Until they can prove to an external auditor that they can secure their data, which will mean a multi-year hack-free period, they must stop asking for data that will predictably leak to criminals.
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