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Taking advantage of bad contracts can be legal depending on various nuanced circumstances. If the potential payout is lucrative, then it makes sense to consult
by _940h 2y ago
Taking advantage of bad contracts can be legal depending on various nuanced circumstances. If the potential payout is lucrative, then it makes sense to consult with legal counsel first.
I am not making a judgement about this specific case.
- jaundicedave 2y agotell that to avraham eisenberg https://www.axios.com/2024/04/18/avi-eisenberg-convicted-crypto-defi-mango-markets https://www.axios.com/2024/04/18/avi-eisenberg-convicted-cry...
- _940h 2y agoThat person committed fraud. My point wasn't even about cryptocurrency or DeFi. Here's a simplified hypothetical example to help you understand the legal nuance: I offer all of my money to the first person that can solve 5x5, and I errantly believe that it's a difficult problem to solve.
- Vegenoid 2y agoCan you provide a more real-world example? I don't understand what point you are making, if it isn't about making money via cryptocurrency. When you say "bad contracts", I assume you are talking about smart contracts. Is that not the case?