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You don't always show your hand. Remember when the British didn't tip their hand they had cracked Enigma?

You don't show your hand, but you typically look at it.

You want to go tell the emperor he has no clothes?

Spot on, sometimes it can be career limiting. Never be the one to break the bad news.

Could this have been some kind of booby-trapped honeypot setup strategically to lure a certain kind of hacker?

Albeit, a very unquestioning & gullible one?