4 ms·
Bonus round: https://twitter.com/BrendanEich/status/1076198964607610880 https://twitter.com/BrendanEich/status/1076198964607610880 Brave 1. Collects tokens fr
by jacques_chester 8y ago
Bonus round: https://twitter.com/BrendanEich/status/1076198964607610880 https://twitter.com/BrendanEich/status/1076198964607610880
Brave
1. Collects tokens from User A for the benefit of Website B
2. By design, loses track of who gave them which tokens
3. But somehow does not lose track of the tokens when it's time to put them into their own general ledger
4. Which they say they will do, mingling what are probably funds from constructive trusts into their own funds.
"Oh but it's OK!", comes the counterargument, "Our Terms of Service allow us to do this". The problem is that Terms of Service can say anything, you can sign a contract for anything, and still wind up as a trustee for a trust you created through your actions. And one thing that a trustee will be completely buggered by is appropriating trust assets for their own use. It's the kind of thing that the legal system enthusiastically tries to convert into glowing craters.
This whole scene is going to be extensively carpet bombed with popcorn, as a legal situation it is shaping up as disaster heaped high on hilarity.
Again: I am not a lawyer, but in Brave's position I would be looking for some.