1/🧵 The crypto community is reeling from a clash between security auditor Certik and exchange giant Kraken. Certik found a flaw in Kraken's system but chose to exploit it, withdrawing $3M to prove a point. Ethical? Necessary? The debate rages on. #threadstorm #inleo
Point proven, but I smell a potential lawsuit :-)
definitely, the story is not over.
I bet Certik regrets it already.
definitely
2/🧵 Kraken treated the incident as a breach, involving law enforcement. Certik's "white hat" defense falls flat when millions are moved without consent. This isn't just about finding flaws; it's about trust, communication, and the fine line of ethical hacking.
3/🧵 The fallout? A lesson in cybersecurity ethics. Clear protocols and mutual respect are non-negotiable. As crypto grows, so does the need for robust security practices. This Certik-Kraken saga is a wake-up call for the industry to prioritize transparency and collaboration.
https://inleo.io/@jadeiy/the-certik-vs-kraken-controversy-bag
this may grow bigger than it is currently
it sure will.