Ransomware Group "LockBit" Claims To Have Breached US Federal Reserve, Says It Exfiltrated 33 Terabytes Of "Americans Banking Secrets"
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33 terabytes. Not 32, not 34, but 33.
Message received then.
This doesn't make sense....I think this is just another fear porn story.
The federal reserve does not deal with individual people's accounts. You or I do not have a federal reserve account.
We have a bank account and the banks deal with the federal reserve.
The federal reserve deals with the back end that banks use to balance the amounts owed between banks. They call it "reserves" instead of deposits.
Example: I write you a check for 1000. My bank owes your bank 1000 to fulfill the check. My bank sends your bank 1000 in reserves to balance the money circuit.
I learned a lot from John Titus and he has a great channel on other things and issues with the fed, etc.
https://rumble.com/c/c-1843407