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> Depends, it's not clear yet that "code is law" or is not. Aren't there quite a few cases already where attackers stealing funds from smart contracts were con
by TacticalCoder 2y ago
> Depends, it's not clear yet that "code is law" or is not.
Aren't there quite a few cases already where attackers stealing funds from smart contracts were considered just that: thieves. And where their "code is law" defense didn't amuse the judge?
IIRC we recently even saw two sent to jail for manipulating smart contract prices: it's not even clear they used a bug in a smart contract.
I already posted it but Uncle Sam cannot have it both ways: if Uncle Sam asks people making money with cryptocurrencies to pay taxes, Uncle Sam goes after those who steal from the taxpayers. And... Oh boy, does Uncle Sam tax gains.
- nubb 2y agoiirc someone successfully argued code is law in a court in france