Re: Metawin got hacked, $4 million stolen

I just came across this thread...

Bitfinex Hacker of 120,000 Bitcoin Sentenced to 5 Years in Prison

The hack happened back in 2016.. and even though the stolen Bitcoins have been recovered, they’re still in the government’s possession. Just recently, the hackers were sentenced, but there’s still no clear timetable for when the funds will be returned to the exchange.

If we relate this to the casino context, a similar process might apply. It could take 5 to 10 years before the funds are recovered if the hacker will be traced, so a casino must have a solid buffer in place. That way, in case a hack happens, they can continue operations with little to no disruption. So Metawin really have manage that risk effectively.

I rule out that the incident was an inside job or a fabricated story. This incident is an indication of the weakness of the security system, but they are lucky that the amount they lost is not large enough to affect the system or the reserve fund.

Metawin is now in their limelight, they can never fabricate such a story and I don't know what they stand to gain doing that. What baffled me is that you ruled out that it can be an insider job, lol, you shouldn't do that because you are actually assuming that. Anything can happen, that is the reason for the investigation, and with what I've read in some documentaries, you will be shocked at how some companies' employees and even the management at times attack their own company. No doubt, there was a security lapse but if Paul had not called Peter to come and see or exploit, some heist may not have happened.

Well with what I have seen so far with the casino I think this isn't an issue for them although I understand the importance to deliberate on the issue but I think little mouse have already cleared out the fact everything is working absolutely fine with the casino and nothing to worry as metawin came prepared and shows their are one of the bigs boys in the casino industry business.