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Ask HN: Who Key for Exchange Wallet?

2 points by vrdvn 3 years ago · 3 comments · 1 min read


Big exchanges like Coinbase have centralised exchange wallets with billions of dollars, who/how many people know the private key, how do they prevent rouge employee emptying the main account?

wmf 3 years ago

No employees have direct access. The private keys should be in HSMs that have automated spending policies that require multiple approvals, etc.

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