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by gumby
1231 days ago
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But if you click on that link you will not find the word "warranty" used in any way, and in fact the bases of the case seem not to involve any warranty-like responsibility at all. So I'm confused. The situation described in nullc's comment seem pretty horrible! |
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The lawsuit was originally dismissed without trial since the lower courts thought that the lawsuit did not have a chance of succeeding due to resting on the claim that the Bitcoin developers had a fiduciary duty to Bitcoin users (i.e. to act in the users' best interest). The appeals court thought that there's a legit case to be made for such a fiduciary duty existing. They did not say it exists, or under what circumstances it would exist. Just that there should be a trial to determine that.