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A comment on $34M permanently locked into AkuDreams contract forever due to bad code. Parent comment

Re:$34M permanently locked into AkuDreams contract forever d... by otterley on Saturday April 23, 2022 @01:25PM (#31136248)
The wire transfer transaction may be final, but that’s not the end of the story. A court can subsequently compel the receiving bank or party to send the funds back to the sender.
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Re:$34M permanently locked into AkuDreams contract forever d... by politician on Saturday April 23, 2022 @01:52PM (#31136521)
That’s true, but depending on the path, funds might end up in various jurisdictions, complicating the recovery story.
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Re:$34M permanently locked into AkuDreams contract forever d... by charcircuit on Saturday April 23, 2022 @03:46PM (#31137771)
The same thing applies to crypto.
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Re:$34M permanently locked into AkuDreams contract forever d... by otterley on Saturday April 23, 2022 @04:15PM (#31138068)
Do you always know who you’re trading with in crypto? How do you identify the counterparty to make the demand from? This isn’t a problem with ordinary transactions, where the two parties have regulated organizations making the trade on their respective behalf. Even in stock trades, where the counterparties are anonymous, there is a mechanism for reversing trades because the system was designed for it.
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