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Bitfinex hack-man unveiled after 7 years: A victory or a lesson for the crypto space?


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It is true that 99 days is for the thief but one day is for the owner. After 7 years, I wish to congratulate all users of Bitfinex that was affected by IIya Lichtenstein hack that resulted to the loss of around 119,754 BTC back in 2016 as the culprit has confessed to court for being behind the heist. While am happy about this development, a thought pop up in my mind that " could their be another hack of this great magnitude" the answer is yes but the question is how can CEXs prevent the reoccurrence of such event? Do they need to rely on authorities and court to fight their course or is there something they could do right to avoid future occurrence?

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