HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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February 05, 2019, 04:30:58 AM
Last edit: February 05, 2019, 05:01:35 AM by HairyMaclairy

What's all this about the Canadian exchange making the rounds? They let a single person hold the password to a cold storage. Rumor is the dude faked his death in India and is still moving coins right now as seen on the blockchain. Gotta fucking love crypto.

Meanwhile banks in Kangaroo land are charging advice fees to dead people, despite knowing they are dead.  For years. The judge running the enquiry said of the NAB bank CEO:

Quote
“I thought it telling that Mr Thorburn treated all issues of fees for no service as nothing more than carelessness combined with system deficiencies when the total amount to be repaid by NAB and NULIS on this account is likely to be more than $100 million.

“As I put to Mr Thorburn, his proposition was that ‘this money fell into the pocket of NAB accidentally’. Mr Thornburn’s frank, and inevitable response was: ‘I can’t disagree with that … it wasn’t intended to be ours but it became ours.’

“The amounts of money that just ‘fell into the pocket’ of so many large and sophisticated financial entities, the number of times it happened, and the many years over which it happened, show that it cannot be swept aside as no more than bumbling incompetence or the product of poor computer systems.”

https://www.news.com.au/finance/business/banking/your-money-host-ticky-fullerton-grills-nab-ceo-andrew-thorburn-over-decision-to-take-leave/news-story/3786a79c0df2b142d9fb80dff883de0d