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Rugpulls, as in projects attracting funds and then absconding with them, are different from exploits in that they involve outright lies / deception. There's a (
by t_mann 4y ago
Rugpulls, as in projects attracting funds and then absconding with them, are different from exploits in that they involve outright lies / deception. There's a (moral, at least) difference between bad intent and honest incompetence. The attacker didn't ask anyone to contribute the funds that he appropriated.
- woojoo666 4y agoBut if we're talking about bad intent, then we could easily argue that Medjedovic (the hacker) acted with bad intent in this case. It goes both ways. If code is law, then hacks would be legal but so would rugpulls. If code is still ruled by law, then rugpulls and hacks can be judged by things like intention.
- t_mann 4y agoThat dichotomy doesn't exist, because everything is ruled by law. But the courts look at the entire situation as well, and you'll find that having actively lied to people or not does make a difference in fraud cases.