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by Animats
3628 days ago
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It's worth comparing the Madoff scam. It's been a long, slow grind, with lawsuit after lawsuit against many different parties. But 63% of the losses of direct customers of Madoff have been recovered.[1] The anonymity feature of Etherium is why this can't happen with the DAO. Nobody knows who has that money. It's tied to a numbered account. They haven't been able to launder it yet, but everyone seems to assume they will be able to. If Etherium were non-anonymous, this problem could have been unwound in court. [1] http://www.madofftrustee.com/recoveries-04.html |
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