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A comment on Attacking the DeFi ecosystem with flash loans for fun and profit (2020). Parent comment

Re:Attacking the DeFi ecosystem with flash loans for fun and... by VectorLock on Saturday January 16, 2021 @04:58PM (#25805900)
Everybody thinks "we don't need laws, we let the smart contracts handle it" until their smart contract is exploited and their funds "robbed."
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Re:Attacking the DeFi ecosystem with flash loans for fun and... by Nextgrid on Saturday January 16, 2021 @05:22PM (#25806073)
Have any of the smart contract exploits actually been litigated in court, even if unsuccessfully?
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Re:Attacking the DeFi ecosystem with flash loans for fun and... by shawnz on Saturday January 16, 2021 @06:52PM (#25806695)
I don't think "everybody thinks" that. Smart contracts just give you an alternative set of risks which might be more useful in certain circumstances. They are also not immune to having legal consequences either.
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