Submitted by cloud_coder t3_zz4xmk in news
allanbc t1_j2axpcj wrote
Reply to comment by ShellOilNigeria in Bahamian regulator says it seized $3.5 billion of FTX crypto assets for ‘safekeeping’ by cloud_coder
Yeah, I know when I'm transferring billions of dollars in vulnerable digital assets I always make sure to recite all relevant facts over an unsecured phone call, while using an unsecured web connection to do the transfer.
ShellOilNigeria t1_j2b3prs wrote
What I said means that it includes "all data" even encrypted.
USFederalReserve t1_j2b6f2m wrote
Capturing encrypted data ≠ decrypting encrypted data
ShellOilNigeria t1_j2bduxv wrote
Again, I understand that but the vast majority of the population does not use encrypted data and those that do, are probably using something that is backdoored by the NSA like Tor nodes and over the counter software like Windows. Not hard to tie things together. Especially when you have a gigantic budget.
USFederalReserve t1_j2bfpkb wrote
> Again, I understand that but the vast majority of the population does not use encrypted data and those that do,
iMessage is end to end encrypted, among other popular communication software. While metadata and cellular phone calls may be intercepted, I think that's a far cry away "all data".
> and those that do, are probably using something that is backdoored by the NSA like Tor nodes and over the counter software like Windows.
This is a gross oversimplification of the security surface of today. Outside cellular phone calls and SMS messaging, the majority of communication happens with VoIP/internet, which is typically encrypted.
> Not hard to tie things together. Especially when you have a gigantic budget.
It's not hard to tie together because your definitional scopes are too vague IMO.
ShellOilNigeria t1_j2bkoy0 wrote
The Snowden documents showed that the NSA was penetrating Apple. There is an Israeli company called Cellibrite that can break into iOS products.
Lol @ fucking iMessage
d36williams t1_j2ci91a wrote
That's a lot of faith in Apple.. I don't think you should carte blanche like that
allanbc t1_j2czett wrote
Sure, but it's not a crazy assumption that this government agency uses an encryption that the NSA can't just walk past, especially considering they definitely know the NSA will try to look in on it.
ShellOilNigeria t1_j2ddljz wrote
Lol who do you think the Bahamas is getting their encryption from?!
allanbc t1_j2f7gub wrote
I would assume not the people who openly said they're spying on them.
SuperEmosquito t1_j2b8g8e wrote
Don't forget to use emojis regarding approving and disproving the company expense account and you'll fit right in the company culture at FTX.
They'd probably make you CFO.
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