🚨 **Breaking News**: Former Alameda Research software engineer Aditya Baradwaj reveals that Alameda was hacked due to security issues, resulting in losses of at least $190 million. Baradwaj states that traders were phished by clicking on fake links and highlights a lack of adherence to proper engineering and accounting practices, with insufficient code testing, incomplete accounting, and inadequate transaction security practices. Private keys and exchange API keys were reportedly stored in plain text files accessible to multiple employees. #BitcoinWorld 💻🔒💸