FTX, SBF, and Signal messages
FTX, SBF, and Signal messages
Chat group on the platform Signal was reportedly used to send end-to-end encrypted information about FTX and its hedge fund
I don't see refenece in this article or any others, but how did prosecutors get access to SBF's Signal messages?
Was it simply a court order that he unlock his phone (and agreed), or a codefendant who flipped to the prosecution and handed over the thread?
One of the co-defendends in the group chat starting taking screen shots when the writing was on the wall, I believe that is what I read earlier
The threat model guides say it many times, but its easy to forget, even if signal works perfectly the people your talking to can compromise you... by taking screen shots, using a second phone to take photos of the first phone, hooking up a audio recorder to record voice conversations, etc.
We also saw this behavior in some of the political trials post trump. Signal + screenshots.
Honestly you can just use a modified signal client that doesn't delete messages. When you send something to someone you need to trust them.
No honor among thieves.
None of the screenshots had self destruct timers, so I'm not sure how they were using signal... kinda looks like signal desktop
more of the screenshots arnt cropped, they do have disappearing message timers, but they are using signal desktop, which doesn't do local encryption. So those disappearing messages are still on disk floating around...
(Signal desktop AFAIK has a terrible security posture, not secure at all)
Signal desktop doesn't even have a PIN to unlock it. IIRC the reason was that if someone is already on your machine then you're screwed.
I just want it to stop someone like my son, who may have access to my computer legitimately, from seeing some of the NSFW messages me and my friends send each other.
I agree, but Signal on mobile doesn't require destruct timers either.
This is the best summary I could come up with:
Sam Bankman-Fried and other members of the inner circle of the collapsed cryptocurrency exchange FTX allegedly formed a chat group on the encrypted platform Signal under the name “Wirefraud”.
The Australian Financial Review reported that the Wirefraud chat group was used to send end-to-end encrypted information about FTX and its hedge fund, Alameda Research, in the run-up to the implosion of the exchange.
According to the newspaper, members of the secret group included Bankman-Fried, his FTX partners Zixiao “Gary” Wang and Nishad Singh, and the CEO of Alameda Research Caroline Ellison.
The reported existence of a “Wirefraud” chat group among top FTX operatives was revealed just a day before Bankman-Fried had been scheduled to testify before the US House financial services committee.
Ray has taken over as CEO of FTX in order to steer the firm through bankruptcy as well as the multiple criminal and other investigations it is now facing from law enforcement and regulators in the US and abroad.
He added that the job of untangling FTX’s finances was complicated as “we are starting from near-zero in terms of the corporate infrastructure and record-keeping that one would expect to find in a multibillion dollar international business”.
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