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This was an interesting read. The case is now in limbo until authorities can locate Medjedovic or he decides to appear. “I did not steal anyone's private keys.
by blakesterz 4y ago
This was an interesting read. The case is now in limbo until authorities can locate Medjedovic or he decides to appear.
“I did not steal anyone's private keys. I interacted with the smart contract according to its very own publicly available rules. The people who lost internet tokens in this trade were other people seeking to use the smart contract to their own advantage and taking on risky trading positions that they, apparently, did not fully understand.”
- dehrmann 4y agoReminds me of the standard advice of "don't roll your own cryptography." There are a lot of subtle nuances that make it hard to get right. When you have well-funded teams of absolute novices writing rules for complex games with money on the line, this is what happens. Rather than just having user accounts taken over and having to do a mea culpa, the reward isn't lolz or dark web money, it's actual money, and a lot of it.
- Gordonjcp 4y agoI read a thing where someone called cryptocoins "Dunning-Krugerrand" and that has stuck with me for years.
- hartator 4y ago> I did not steal anyone's private keys. I interacted with the smart contract according to its very own publicly available rules. Yes, it's a little disingenuous to claim "code is law" until it doesn't suit you anymore.
- moistly 4y agoIt’s a heck of a catch-22! Reject the judiciary system and shun government interfere… or open the door to continually expanding government oversight. Remain the primary target for big “crime” hacks and lose trust and value… or join the current system and lose value?
- ummonk 4y agoWhere did Indexed Finance claim "code is law"?