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“ Ethereum allowed a claw-back of funds lost fair and square to a defective contract. Where is Ethereum now? Oh yeah, near an all-time high and a market cap app
by staticautomatic 5y ago
“ Ethereum allowed a claw-back of funds lost fair and square to a defective contract. Where is Ethereum now? Oh yeah, near an all-time high and a market cap approaching half a trillion dollars.”
Another interpretation is that courts customarily invalidate “defective” contracts, and therefore the “claw-back” actually inspires confidence by demonstrating consistency with contract law norms.