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KYC IS THE ILLICIT ACTIVITY
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If you trust your Government you're gonna have a bad time
Yes, Atlas21 is a trustworthy Bitcoin-oriented website! The guy who founded it is a brilliant journalist!
That was to be expected....
Unfortunately it was obvious something like this would happen
Who is he?
Unfortunately it had to be expected that something like this would happen
I'd venture to assume that the biggest problem with custodial solutions isn't necessarily an internal rugging but the fact that its a central point of failure. Your custodial funds are just one password away from being compromised.
And if they collect enough information on me, terrorism and money laundering will go away forever!
I'm pretty convinced that omw of the founders and main journalists is Feferico Rivi, italian guy.
KYC has cocked-up, Bitcoin will be blamed...
You'll learn to appreciate Monero's total delisting from CEX.
Where's no data there are no data breaches
they literally can't. they need to be instantly gratified by the price of bitcoin. they'll do anything to make the price go up.
Not great
Hey. Yep I’m behind Altas21. The rumor is unconfirmed yet but honestly it’s very difficult to define it only as a “rumor”. The day after the news came out, someone published a script to try a brute force attack with the password “123456” on Chivo’s server. The script works and the server responds. The timing is suspect, at least.
Is it really a brute force if the only password they use is 123456 and it's directed against one server? I read that people correlated the information with whatever information you need to sign up with Chivo but I also find that odd, won't most applications (especially banking related) collect mostly the same data? I'll call it a rumor until someone can prove that it came from Chivo's database.
Also, looks like you need a link to your nostr profile here:

Atlas21
Federico Rivi, Author at Atlas21
There’s also another coincidence: the number of Chivo’s downloads and the the number of people involved in the data leak. In my country they say: “three coincidences make a proof”, which is obviously not true, but it’s at least highly, highly, highly suspicious.
Thanks for keeping us updated🤙
Lol that was a shite response from Chivo if the personal data leak is actually from Chivo's database.
Jesus 😡
"[..] leaked on Tuesday snippets of the wallet's source code".
Isn't this wallet open sourced on Github by Galoy? Or am I mixing them up?
It's the code from the BItcoin ATMs, not the wallets.
They didn't even anonymize or mask the data, or archive anything. Absolutely idiotic.
And they had all sorts of data they didn't have any possible use for.
Another proof you can’t trust a government even if it’s pro-bitcoin…
No download links. Fake. 👎
You should be ashamed.
I can't believe Chico is this old and nobody secured the data set.
😂
Afaik using Chivo is not even mandatory there… One can use Strike or any other wallet. This probably shows the downside of having a popular president who receives a lot of trust - people install and use whatever he recommends…
Why are people these days so afraid of this info being public? Used to have everyone's phone, address, and name in giant yellow books.
Which yellow book contained SSN's?
I think they got the data from the registry office to send everyone the initial $30.
For that, you just needed to raid mailboxes.
It would be hilarious if it wasn’t so sad.
El Salvador is crawling with Bitcoin devs, now, too. There's no excuse to not have had an audit.
Ha ha. Their data probably got leaked, too.
The thing that upsets me most is that none of the articles seem to think it's weird that it's even possible to leak this data.
They all think the leak is the problem, not the data collection, handling, and complete lack of information security.
I bet anyone working on this database could see all this data. 😱
Lol. Well played Bukele. Well played. 👏👏👏 You can't help but be a touch curious about Dorsey, Mallers, and Saylor as well.
This is awesome, it just proves KYC isn't the way to go. Unfortunately, at the cost of the el Salvadoran
We know that but the gov will still try to push it as a safety measure for our sakes🤷♂️
She does bring up a very good point, no?