That 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.
Can 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?
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tell that to avraham eisenberg https://www.axios.com/2024/04/18/avi-eisenberg-convicted-cry...
That 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.
Can 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?