[SiliconAlley]

Where’s the part where anybody defrauded anybody? This was clearly incompetence that benefited nobody (certainly the developers would rather not have TITAN implode and all of this USDC locked in a contract...). Embarrassing yes. Fraud? Pretty clearly no

[ceejayoz]

It's an example of a scenario where you can't sign certain rights away. Not specific to TITAN.

[lupire]

How can it be "locked"? Can't they deploy a protocol update to the members of the compute pool?

[acjohnson55]

Depends on how you write the contract. If you make a smart contract unilaterally updatable, then it's no longer decentralized and trustless, because people with admin rights can plunder it, or can be extorted, or compelled by authorities to turn over the capital.