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Ask HN: Who Key for Exchange Wallet?
2 points
by
vrdvn
on Jan 28, 2023
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3 comments
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
on Jan 28, 2023
[–]
No employees have direct access. The private keys should be in HSMs that have automated spending policies that require multiple approvals, etc.
vrdvn
on Jan 29, 2023
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parent
[–]
Intresting, not even the CEO of the company?
wmf
on Jan 29, 2023
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root
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[–]
No.
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