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Why? The software did it was supposed to do. It doesn't guarantee profits. There's a risk involved. If anyone should be sued, its Costa (Captain Magic/con-arti
by IceWreck 7y ago
Why? The software did it was supposed to do. It doesn't guarantee profits. There's a risk involved.
If anyone should be sued, its Costa (Captain Magic/con-artist/salesperson/whatever) who, if what the investor claims is true, greatly oversold the capabilities of the software.
And even then there might not be a strong case against him.
- ErikVandeWater 7y agoThe only thing that matters is what's in the contract. It doesn't matter if Costa said it worked using gnomes living inside the computer.
- IceWreck 7y agoThere's no way the T&C doesn't have a clause about the creators not being responsible for the trading bot's actions.
- diminoten 7y agoThe real article should have been, "Is the liability limitation clause enough?"
- wbl 7y agoYes it does. That's a material misrepresentation and hence fruad.