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Another day, another cryptocurrency fail

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AlbertL:
https://nakedsecurity.sophos.com/2022/08/02/cryptocoin-token-swapper-nomad-loses-200-million-in-coding-blunder/

Stray Electron:
  And I just dropped a $200,000,000 bill on the city sidewalk.  Boo hoo hoo. Woe is me!  Time for somebody else to cough up.

   The whole crypto-fantasy world gets nuttier everyday. It's like a group of fishermen, "the first liar doesn't stand a chance!"*

  * (Translation: the first liar is always followed by another liar who tells even even bigger lie about "the one that got away!")

ataradov:
"Code is law" say idiots who never seen how bad people are at writing code.

https://web3isgoinggreat.com/ always brightens my day.

james_s:
That said, have you seen how bad people are at writing laws?

ataradov:
For laws we have a system of courts and appeals. It is not perfect, for sure, but it is some form of recourse. There is nothing like this for crypto by design and intent.

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