In che modo il collasso di FTX potrebbe lasciare scoperti gli utenti di Blockfolio

By Bitcoin Rivista - 1 anno fa - Tempo di lettura: 7 minuti
mar 22 nov 2022 1:55

In che modo il collasso di FTX potrebbe lasciare scoperti gli utenti di Blockfolio

The data necessary to analyze previous Blockfolio entries is now mixed up into the massive cryptocurrency exchange’s collapse.

This is an opinion editorial by Morgan Rockwell, founder of Bitcoin Kinetics.

I'm not concerned with Sam Bankman-Fried allegedly ottenere un prestito from Alameda, which was actually FTX customer funds wired through Alameda to be credited on FTX. I'm not concerned with the moral compass of the celebrità investors who gave billions to a kid they didn't really know or understand, yet endorsed with wealth and credibility. I'm not very concerned with the financial and effetti di mercato sulle numerose società, borse e trader che per qualche motivo dipendevano da FTX in qualsiasi forma.

I'm most concerned with Sam Bankman-Fried getting the personal identification information of millions of customers, and using that data to do chain analysis on the Blockfolio app he purchased which was used by many Bitcoiners and cryptocurrency holders as a tracking tool of Bitcoin, Ethereum and other watch-only cryptocurrency wallets.

Fonte: Google Immagini

If you aren't aware, Blockfolio was an app that was used by many Bitcoin holders and other cryptocurrency holders to keep track of the exchange rate or the prices of their coins held in cold storage or on wallets that they only wanted to be watching and not have actively on a hot wallet on their mobile device. Storing the wallet addresses actually were not even needed on the app. You could just put in a amount of a certain cryptocurrency that you wanted to watch and say that you had — but there was also a feature to connect to exchanges to keep track of all of your coins across all of the exchanges you had them on in one app. This was the beauty of Blockfolio as it didn't necessarily ask for too much personal identification information other than an email to help keep track of your account so you can log in from multiple devices.

La maggior parte di noi come me è venuta a conoscenza di Sam Bankman-Fried perché dell'acquisto di Blockfolio da un'entità di recente formazione chiamata FTX. Per diverse settimane l'app Blockfolio è stata rinominata app FTX che ora aveva un proprio scambio. Presumiamo che avesse anche una nuova serie di regole Know Your Customer, politiche antiriciclaggio, nuovi Termini di servizio e un proprio portafoglio di custodia detenuto da FTX.

Qui puoi vedere i Termini di servizio su Blockfolio dal 30 giugno 2017:

Fonte: Informativa sulla privacy di Blockfolio 2017

Blockfolio sosteneva avidamente che non vendevano e non avrebbero mai venduto i dati degli utenti. Blockfolio ha persino tentato di deidentificare gli utenti con un meccanismo di hashing degli ID per non permettersi nemmeno di identificare e connettere i portfolio degli utenti agli indirizzi email; ciò apparentemente non è mai avvenuto dopo l'acquisto e la trasformazione in FTX.

Qui puoi vedere la netta differenza nella nuova Informativa sulla privacy di FTX:

Fonte: Informativa sulla privacy di FTX 2022

Ecco quanto poco viene menzionato sulle informazioni di identificazione personale nei Termini di servizio di FTX, che è un documento diverso dall'Informativa sulla privacy.

Per riferimento, se non hai mai letto i Termini di servizio o l'Informativa sulla privacy di un'azienda prima, ti consiglio vivamente di prendere una birra forte e goderti questa zuppa di parole!

This all has brought up questions around this merger and the acquisition that happened in the cryptocurrency industry only a few years ago. I am concerned because after the fallout of this exchange, FTX going bankrupt and all of its assets potentially being put up for auction, I would like to know the state of the personal identification information that FTX had been forced to gather because of KYC and AML laws. My concern is the vast amount of information gathered including passports, phone numbers, IP addresses, home addresses, cryptocurrency wallet addresses, email addresses, passwords and government IDs. All of these could be sold at auction as customer data or customer profiles to whoever finds them valuable.

Now the assets held by FTX whether they were actually real cryptocurrency such as bitcoin or made up tokens built on another layer one network such as ethereum are not too important in this conversation in my opinion. What is important is the data, the privacy data, the data mining operation that could have or will be done on all of this data FTX had gathered on customers either it was done by them or it will be done by whomever buys this data at auction. Even more so, the jurisdiction of that data is open to anywhere on earth.

As someone who has personally worked on coin analysis concepts and technology for the United States Military, as well as consulted on this for the Department of Defense as a so called "subject matter expert," I can personally attest that it is very easy to correlate a person to their Bitcoin wallet address using nothing more than the amounts of bitcoin held on specific addresses, as well as the device data that is keeping track of those specific amounts on specific addresses — this is simple SIGINT, MASINT or HUMINT, all of which are different forms of intelligence gathering.

If you are keeping track of any bitcoin on any wallet over any Bitcoin explorer that is looked through a browser or app on any device, phone, laptop or tablet, there is now a record that will be connected to the IP address, the MAC number, the SIM phone number, the VOIP number, credit card number, home address and any other personal identifying information that is attached in any way to this device. I know this because Edward Snowden leaked documents showing that the NSA had a program called xkeyscore e le applicazioni sono state utilizzate come OAKSTAR e il suo sottoprogramma SCIMMIAROCKET to specifically keep track of Bitcoin users at the NSA.

Now what I'm getting at is this data that FTX was forced under AML and KYC law to be gathered. This is potentially one of the largest gatherings of this type of data in the cryptocurrency industry ever done in history. This data, combined with coin analysis information related to bitcoin, ethereum and other cryptocurrency amounts being tracked by the previously titled Blockfolio app has created a situation where KYC data personal identifying information can be now superimposed over Blockfolio email addresses, UTXOs and watch addresses that plenty of people used on Blockfolio without any personal information being divulged to the app.

So this means that people that used Blockfolio to keep track of the amount of cryptocurrency they had, wanted to buy or were keeping track of for whatever reason will now be able to be correlated to very detailed personal identification information. The concern I have is not whether FTX and its hundreds of subsidiaries were keeping track of this information from Blockfolio or using it in any way, but that their vast new pool of customer information and data will be binded in the future to the Blockfolio data. I don't assume FTX was intelligent enough to do this for any purpose such as advertising, or data sharing with a hedge fund like Robin Hood è stato sorpreso a farlo, ma suppongo che potrebbero aver preso in considerazione la possibilità di vendere questi dati alle forze dell'ordine, agli inserzionisti o agli attori della comunità dell'intelligence poiché SBF ha affermato che c'era una porta aperta ai regolatori e alle forze dell'ordine presso FTX.

Ciò a cui dobbiamo pensare ora è che quando gli asset di FTX andranno all'asta, cosa che accadrà, non solo le valute digitali, i token e le licenze saranno venduti a qualche nuova parte, ma saranno i clienti stessi , informazioni di identificazione personale e il massiccio data mining che avrebbe potuto o sarà effettuato con tali dati.

I was never an FTX user, I never created an account with FTX or FTX.us and I never wired any money to Alameda. Unfortunately, because of my longevity in the Bitcoin space, I used Blockfolio like many Bitcoin users before me to keep track of the amounts of Bitcoin I had in multiple locations and their total value. Now that data that I thought was private will be connected to KYC data of anyone I know, interacted with over a wire and any device they used, especially if through multiple connections it leads back to FTX in any way.

What we need to do now is ask the serious questions and not focus on the financial obligations or mishandlings of SBF and FTX. But we must ask who has this data? What has been done with this data and who will be owning this data in the future? The reality is FTT dissolving into nothing isn't a "Force Majeure Event," so most of the users are screwed.

If this at all concerns you or involves you, I would suggest we all find the proper channels to protect ourselves from the worst case scenario from this fallout of data. This is the biggest problem with KYC and AML laws,because after all of this financial chaos, there is now a criminal-run exchange that is in possession of millions of people's personal information about their devices, their homes, their financials and more, all available to the highest bidder.

Note:

This is a guest post by Morgan Rockwell. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Rivista.

Fonte originale: Bitcoin Magazine