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systemsignal | 4 years ago

What makes hacking illegal?

What if they acquired the Bitcoin without using illegal means

Probably not possible in this case, but in DeFi where everything is ruled by smart contracts, what would make executing behavior allowed by those contracts illegal.

discuss

order

PeterisP|4 years ago

Laws of USA and pretty much every other country reject the notion that "everything is ruled by smart contracts" and assert that legally, as far as their jurisdiction reaches, their law is the deciding factor. Contracts have their basis in contract law. You certainly can write a paper contract which "allows" some illegal behavior, and executing such a contract would be illegal, no matter what the contract says. The same applies for a "smart" contract.

mtoner23|4 years ago

US Law makes hacking illegal

323|4 years ago

Whatever a judge decides is illegal is illegal.