OKX founder Star Xu commented on a reported security incident involving $6.3 billion, saying many heavily packaged narratives and public performances eventually turn out to be little more than makeshift operations. In his post, Xu said the incident reportedly began when one employee fell into a fake recruitment interview trap, then spread to two other employees, with an internal AI tool also possibly becoming involved. He questioned whether that could still be described as so-called "defense in depth." Xu said he did not want to speculate too much about a rival’s failed security controls, but used the case to warn crypto users about the risks of a culture that is overly driven by marketing. He argued that while users may focus on promotional rewards, hackers and scammers are targeting their full principal. In his view, security, responsibility, and compliance should always rank ahead of marketing, because even the most attractive campaign incentives cannot make up for a loss of principal.
ChainCatcher reported that OKX founder Star Xu said in a post that many polished presentations and staged performances eventually prove to be makeshift operations.
Xu referred to a reported security incident involving $6.3 billion. He said it began when one employee fell into a fake job interview trap, then affected two more employees, and that an internal AI tool may also have been drawn in. He also questioned whether this was what people call "defense in depth."
Xu said he did not want to make too many guesses about a competitor’s failed security controls. Still, he warned crypto users that a corporate culture overly focused on marketing can be extremely dangerous. He said users may care more about campaign rewards, while hackers and scammers are after the entire principal. Security, responsibility, and compliance, he wrote, should always come before marketing, and no attractive reward program can offset a loss of principal.
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