A confidential report reveals the shocking security failures behind the $4 billion Bitfinex hack in 2016.
The Ledger Labs document said the tokens accessed by the hacker were associated with a generic “admin” email address and another linked to “giancarlo,” belonging to Bitfinex CFO and shareholder Giancarlo Devasini, a former Italian plastic surgeon with aDevasini did not respond to multiple requests for comment.
Bitfinex told OCCRP the analysis was “incomplete” and “incorrect” and that there was “evidence of negligence…on the part of other counterparties that led to the hack.” Bitgo declined to comment. Ledger Lab did not respond to a request for comment. It is unclear whether the lessons from the Bitfinex hack have led to changes in the company’s procedures. The company told OCCRP that the report was “incorrect” and that there was “evidence of negligence…on the part of other counterparties that led to the hack.” Bitgo declined to comment.
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