The article puts the hack down to the encryption key sizes being too small to be secure. Quite astonishing that they posted the source code on GitHub, but just as well considering the outcome.
As to the bullshit, that's a real conundrum. All it takes is one asshole to ruin things for the rest.
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Because they wanted people to try and break it as a test to the system...the fact it was so easily broken doesn't speak a whole lot of volume to whoever created it intelligence.