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paoloardoino's profile
Paolo Ardoino
Paolo Ardoino
Paolo Ardoino
Verified account
@paoloardoino

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Paolo ArdoinoVerified account

@paoloardoino

CTO @bitfinex + CTO @tether_to [Views are my own]

London
github.com/prdn
Joined January 2010

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    1. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      Paolo Ardoino Retweeted Amrullah

      1/ *** What happened with #PolyNetwork hack *** Most #crypto have direct (or 1-hop) channels with me, Stu and many others in the Company ... Our ringtones are always loud during day and night. No matter where we are, what we're doing, we always give priority to our community.https://twitter.com/Muhd_Amrullah/status/1425721658594062336 …

      Paolo Ardoino added,

      Amrullah @Muhd_Amrullah
      Replying to @paoloardoino
      how does the process of blacklisting go? does it go to support or is someone in team constantly monitoring requests from external parties?
      175 replies 42 retweets 172 likes
      Show this thread
    2. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      2/ re: #PolyNetwork hack, I got messages from > 10 different people at the same time and telegram calls. Within 20mins #Tether tech team organized the multisig freezing process. This case was extremely simple. Information was peer/public-validated, we acted immediately.

      5 replies 4 retweets 34 likes
      Show this thread
    3. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      3/ The address we froze just receiving 100s M USD equiv. of crypto assets from #PolyNetwork contracts. Fresh address, no other activity. It wasn't active part of any DeFi pool / DEX / CEX, ...No doubts.

      4 replies 0 retweets 28 likes
      Show this thread
    4. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      4/ Frozen funds will be released back to the legitimate owner once there is confirmation / proof of proper actions taken in order to restore security of the bridges.

      3 replies 1 retweet 28 likes
      Show this thread
    5. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      5/ *** General procedure *** Sometimes Tether users report private hacks / scams and request an address freeze. ALL information needs to be gathered to Tether via inforequests@tether.to with attached a Law Enforcement letter that confirms the claimant information / request.

      3 replies 0 retweets 26 likes
      Show this thread
    6. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      6/ - a detailed LE confirmation and endorsement is critical because there is no public available information - claimant needs to go through http://tether.to  banking grade KYC/AML process - address(es) don't need to be part of CEX/DEX/DeFi pools, Tether won't affect others

      3 replies 0 retweets 21 likes
      Show this thread
    7. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      7/ The general process of freezing and re-issuing is extremely thorough (people that went through it can surely confirm it). Compliance and Law Enforcement interactions are mandatory to protect all #Tether users and Tether Company itself.

      2 replies 0 retweets 19 likes
      Show this thread
    8. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      8/ Tether manages the re-issuance phase extremely carefully. Tether needs to ensure that there are no other claimants, hence there is a delay (of several months) to allow other parties to contact Tether and make their case as well.

      1 reply 0 retweets 18 likes
      Show this thread
    9. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      9/ Sometimes people ask me: "why are you guys doing all this? Sometimes must be ......... overwhelming with so many donkeys trolling you. Aren't you tired? Why aren't you gives living an easier life?"

      2 replies 1 retweet 21 likes
      Show this thread
    10. Paolo Ardoino‏Verified account @paoloardoino Aug 12

      10/ #Tether was born in 2014 to contribute and innovate into #bitcoin and #crypto ecosystem, creating the first stablecoin and opening the path for many others. Our mission has always been to be part of a bigger story that aimed to solve the problem of unfair access to finance.

      2 replies 2 retweets 28 likes
      Show this thread
      Paolo Ardoino‏Verified account @paoloardoino Aug 12

      11/ #crypto must be different from traditional financial actors. It is made by peers that want to create a better future, peers that understand that without being a community, things won't ever change. Otherwise we circle back to be just old fashioned banks 🥁

      2:10 AM - 12 Aug 2021
      • 2 Retweets
      • 32 Likes
      • 𝓦𝓪𝓼𝓮𝓮𝓶 | وسيم Lien Bleecker Cyber Zahir Khan Bob Andrea Gozzi fillippone B0t Jesse Powell DOGEWATER PLANET
      1 reply 2 retweets 32 likes
        1. New conversation
        2. Paolo Ardoino‏Verified account @paoloardoino Aug 12

          12/ Tether team wants to be part of this story, we care to protect #crypto . We do it with all the passion we are capable of. Sometimes we face difficulties but we have a lot of friends that share our ideals and we become stronger. This is what happens when you truly innovate.

          1 reply 2 retweets 27 likes
          Show this thread
        3. Paolo Ardoino‏Verified account @paoloardoino Aug 12

          13/ In the end, people in #crypto have to decide if "we're in for the technology, to create a better and inclusive future, ...." is just bulls**t or not. Words don't matter much anyway, just actions.

          1 reply 1 retweet 30 likes
          Show this thread
        4. Paolo Ardoino‏Verified account @paoloardoino Aug 12

          13/ Here is a potatopic.twitter.com/YNxmpqt3FP

          20 replies 10 retweets 133 likes
          Show this thread
        5. End of conversation

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