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2026-08-05 06:12:24 UTC

LeoWandersleb on Nostr: What doesn't aquare with this theory is the relatively slow draining. In 5 years they ...

What doesn't aquare with this theory is the relatively slow draining. In 5 years they would have a list of utxos and a script to empty all at once.

Maybe they built the backdoor and decided to not use it because tracks were not covered?
Coinkite really seems to be the FTX if this cycle. If these rumors flying around really do add up, its premeditated conspiracy to backdoor their product, let people generate seeds on it and stack for 5 years, then steal it all.

I'm going to need to see a lot more evidence to really think that's the case. But that seems to be where it's headed. And way too easily headed in that direction too. Like wow, it's like the narrative writes itself, the breadcrumbs all laid out for us to find. How convenient.