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In the US, it would end up in court. It directly pits fiduciary duty against OFAC. For example, if a US-based CEX that operates in New York has a slashing even
by RichardCNormos 4y ago
In the US, it would end up in court. It directly pits fiduciary duty against OFAC.
For example, if a US-based CEX that operates in New York has a slashing event, that brings regulatory consequences from NYDFS, regardless of the reason for the slashing.
- kortilla 4y agoNot really. You can’t have a fiduciary duty to break the law. The downside risk is much higher to violate OFAC.