Quote:
Originally Posted by rabscott
Is there any reason that i maybe should Be concerned about my BR at cake?
Like them going busto and not paying out because of this story?
If it's a dumb question, sry. Just wondered
At this point, honestly, given how things are going I wouldn't leave much money on Cake....at all.
The situation comes down to either of these possibilities:
1. The whole Cake operation is a scam from the top down, management included.
They left a huge security hole so they could rape their players by superusing and everyone is in on it (not the most likely)
2. Management hired a tribe of evolutionarily-challenged penguins to do security on their network.
The penguins install penguin-level encryption and players get raped by:
-The penguins, who did all of this on purpose and lied to management about security levels.
-Random 10 yo hackers who saw the gaping hole in Cake's security all the way from Russia.
-No one, because the penguins are just so ******ed they didn't even take advantage of the security holes, and no one else found the leaks in Cake's security.
My choice goes to #2, and then it's pretty much a 3 way toss in terms of who got raped by whom (although I'm pretty sure there's been superusing on Cake, tbh.
Too many reports of weird things happening, and Lee's silence about how long the security holes have been present suggests that they have been in place from the beginning. Nothing else makes sense, and that's a long time for no one to have taken advantage of these holes.)
Either way, Cake handled the situation in a very poor way, no doubt because of everyone's vested interests in the company (including Lee's, of course).
There's also the fact that I think Lee is emotionally invested in the company.
It's hard to understand if you've never been involved in the full development of a project such as this, but because of the sheer amount of time and sweat you've put into it, you tend to become strongly emotionallly attached to it, and as we know as poker players, any time you start trying to make logically or ethically sound decisions using your emotions, well....you just fail.
My advice is get your money out and wait to see what happens.
I wouldn't be surprised if Cake management were just weathering the storm, waiting for things to settle so they can get their money out before the whole thing hits the ground.
Last edited by GloupnaktouK; 08-06-2010 at 06:56 AM.