Reply to comment

This exploit, however it was, allowed several alts to steal copies of each exchange's ATM. The perpetrators were able to withdraw 700k from Cocky Dagger's ISE, 300k from VSTEX, but none from ACE or SLCapex, although they did make fraudulent deposits to each's website, no actual money was deposited.

We have since worked with the other exchanges to tighten up security all around. At ACE we've added a number of verification checks to every ATM transaction, including owner, owner UUID, account holder UUID, whether the ATM is online or authorized (these last two checks were already in place however seem to have been messed with by our former sysadmin, Yukiko Omegamu). We have added a number of others and will also be checking the ATM owners SL transaction history xml file to ensure all withdrawals and deposits are valid.

Essentially we do not inherently trust any in world object simply because LL has proven to be so bad at ensuring the security of user content.

ACE did not lose any deposits in this, and we are now fully operating with 15 actively traded companies and over a half dozen in IPO.

Deposits have increased markedly since then as the public has gained confidence in ACE, and our trading volume is running over 1 million shares a week, making us the second largest exchange by several metrics.

Given our interest in restoring investor confidence to the entire financial sector, we are providing code to the other exchanges so that all investors can have trust that their transactions are secure.

For further information, you can check out http://www.ace-exchange.com

IntLibber Brautigan
ACE Chairman
CEO BNT Holdings