> We tried, but we didn’t have money and also often they turned us down. A former Financial Services Agency bureaucrat approached us once last year, but he declined our offer at the end.
This is disturbing. For an organisation that promoted itself as a focal point for Bitcoin trading, claiming to be the largest, what does this mean for the other exchanges and services out there? Are they all running on just hopes and dreams?
Overall this article is quite light and it would have been nice to see more questions asked. It seemed rather softball. Like where were the questions about his falsifying of his employment history? How did he go from running a gaming service (not Magic, but Ragnarok Online) to running a currency exchange?
These questions should be asked and they should be asked in a hardball sort of fashion.
It's possible he just didn't want to pay the guy enough, but . . . yeah. A brick-and-mortar bank hires a lot of appsec folks to review their code, for lots of money, and they at least have the legal system to fall back on. That's after they pay market rates for labor to write the code in the first place.
If I was in charge of MtGox security I would probably get an ulcer. One mistake and it's over, forever.
This is disturbing. For an organisation that promoted itself as a focal point for Bitcoin trading, claiming to be the largest, what does this mean for the other exchanges and services out there? Are they all running on just hopes and dreams?
Overall this article is quite light and it would have been nice to see more questions asked. It seemed rather softball. Like where were the questions about his falsifying of his employment history? How did he go from running a gaming service (not Magic, but Ragnarok Online) to running a currency exchange?
These questions should be asked and they should be asked in a hardball sort of fashion.