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Liquid Exchange
How Not to Run a Cryptocurrency Exchange
At Japan's Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.
FTX Closed Acquisition of Liquid Exchange a Few Days Late
The news came to light in an email to Liquid's shareholders.
![A delay in paying shareholders “shows that the existing international wire transfer [system] is fundamentally broken,” Liquid CEO Mike Kayamori said. (Photo: World Economic Forum)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fstaging%2F0bbdba4493f2fce988314f11cfc3ffcf71fbe98d-1440x960.jpg%3Fauto%3Dformat&w=1080&q=75)
Videos
What Could Liquid Exchange Do Now to Prevent Future Crypto Hacks?
Seth Melamed, COO of Liquid Group, discusses Liquid Exchange’s $90 million hack and measures the firm is taking to prevent hacks like this from happening again. Plus, his reasons why he doesn’t think El Salvador’s bitcoin law is sustainable and whether he foresees Asia potentially adopting BTC as legal tender.
Money Trail From Liquid Exchange Hack Points to Wasabi Privacy Wallets
Hackers are using Wasabi wallets to launder BTC stolen from Liquid or received in exchange for other stolen cryptos, according to Crystal Blockchain.
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