“Banks are not prepared for this. The thing that banks have relied on for like 100 years is the slowness of them.”
Unchained · Crypto & Web3 · November 2026
Context
The guests were discussing a reported hack of a large French bank whose stolen funds were quickly converted into crypto. Kain Warwick argues banks aren't set up for fast, crypto-linked theft.
Transcript
right. All we know is that it's definitely not Lazarus. So not only did this bank get hacked, but they got hacked by not the best hackers in the world.
I mean, dude, they're banks,
man. Like, they're banks. Like, these guys, like, see, as funny as CZ pretending like he'd never heard of banks was like, banks are not prepared for this shit. Like, he's right. Like, I should say, banks are not fucking prepared for this shit. Like, you know, the thing that banks have relied on for whatever, like 100 years, right? Is like the slowness of them. But
even the banks aren't slow anymore. Like, there's, it's not just like no, no, no. They're faster now.
They're faster. And they're like, crypto is much more connected to TradFi. There's many more egress vectors for money. It's not like you just call up your friend at the other French bank in fucking, you know, Marseille. We're not,
we're not like, hey, bro, sorry.
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