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by gnramires 1859 days ago
I think it's hypocritical to call this fraud: this contract itself was exploited for a loophole; if you declare it valid as allowed by the protocol, then simply changing the protocol (which is what was done temporarily) is also valid and according to the working of the system. I think it was within the spirit of the system to work this way.
1 comments

The same people who loudly proclaimed "Code is Law" also wrote The DAO. Therefore, any action the code takes is legitimate.