Crypto's 'Life Savings' Loss Is a Failure of Collective Security, Not Just Individual Error
Mehdi Farooq, a prominent crypto VC partner, lost almost all of his life savings to an elaborate phishing scam. We are hearing about it, reading the Telegram thread, following the Zoom/fake-Zoom-update/Twitter thread flooding of wallets. And the knee-jerk sentiment Perhaps a touch of schadenfreude "He should have known better," we...