We are all getting sick of the story of John McAfee’s “unhackable” Bitfi, but the situation keeps gaining momentum. Let’s quickly sum up what has happened so far.
– John McAfee launched a bounty campaign for his wallet, promising first $100k, then $250k to a person or people who would break into Bitfi.
– A cyber security company claimed to have done so and was completely ignored by both McAfee and other Bitfi employees.
– After that a new group of researchers tried to hack Bitfi and succeeded as well. This time McAfee reacted by saying that a wallet can be considered hacked only if the hackers obtain coins, and no coins were stolen from Bitfi.
What happened next shocked the crypto community. Bitfi published a tweet which contained direct threats aimed at the researchers participating in their “bounty”. The tweet was deleted shortly afterwards, but most people managed to see it.
I haven’t really been following this Bitfi nonsense, but I do so love when companies threaten security researchers. pic.twitter.com/McyBGqM3bt
— Matthew Green (@matthew_d_green) August 6, 2018
The campaign which was supposed to bring recognition and popularity to Bitfi is now only bringing it “black” PR. Or was it a planned action?
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