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 Trusted Third Parties Are Vulnerabilities –  Crypto
November 23, 2022

Trusted Third Parties Are Vulnerabilities – Crypto

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Below is a direct excerpt from Marty’s Bent Issue #1283: “Trusted third parties are security holes.” Subscribe to the newsletter here.

The contagion event, which will drag on for most of 2022, appears to have a significant impact on Genesis Trading and its parent company, Digital Currency Group (DCG). It became clear that Genesis didn’t have the best due diligence when issuing loans to clients, having to write off two nine-figure loans this year after issuing money to Three Arrows Capital and Alameda Research.




Source: bitcoinmagazine.com

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