• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Paris Precedent: When DeFi Hackers Become "Ethical Hackers"

Paris Precedent: When DeFi Hackers Become "Ethical Hackers"

user avatar

by Alexandra Smirnova

2 years ago


A Paris court has issued an unusual decision, recognizing a group of hackers who breached the DeFi project Platypus as "ethical hackers." This decision has caused a wide resonance in the crypto community, as it raises questions about the legal status of hacking attacks in the field of decentralized finance.

According to the court's decision, the actions of the hackers were recognized as "ethical" because they were allegedly aimed at identifying vulnerabilities in the system without the intention to cause harm. This decision has become a precedent that could significantly influence the future regulation of DeFi projects and their security.

The DeFi project Platypus, which became the target of the hack, was originally created to provide safer and more transparent financial operations using blockchain technology. However, as the investigation showed, there were vulnerabilities in its code that were exploited by the hackers.

The court's decision itself has sparked discussions among experts and members of the crypto community. Some believe that such a decision could encourage hackers to search for and eliminate vulnerabilities for good purposes, while others fear that it could create a dangerous precedent, allowing hackers to avoid responsibility for illegal actions under the guise of "ethical hacking."

It is important to note that the decision of the Paris court is not final and can be appealed. Nevertheless, it has already attracted attention to issues of security and legal responsibility in the field of DeFi, which may contribute to the development of stricter security standards and regulation in this rapidly evolving area.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Apeing Presale Gains Attention

chest

Apeing's presale is attracting early participants as its whitelist fills quickly, presenting a unique investment opportunity.

user avatarMaya Lundqvist

Kyrgyzstan Launches Gold-Backed Stablecoin USDKG

chest

Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged to the US dollar, with an initial issuance of 50 million tokens.

user avatarLeo van der Veen

Altcoin Season Fails to Materialize in 2025

chest

Despite high expectations, the anticipated altcoin season did not occur in 2025 due to poor market conditions and timing.

user avatarLi Weicheng

Sign Signs CBDC Agreement with Kyrgyzstan

chest

On October 24, 2025, Sign signed a technical service agreement with the National Bank of Kyrgyzstan to develop the Digital Som, the country's central bank digital currency.

user avatarBayarjavkhlan Ganbaatar

Sign Expands into Government Business

chest

Sign is leveraging its TokenTable experience to enter the government sector, focusing on large-scale distribution and identity verification.

user avatarBayarjavkhlan Ganbaatar

Rising Threat of Spear Phishing in Cryptocurrency Sector

chest

Cybersecurity experts warn about the increasing risk of spear phishing attacks targeting roles within the cryptocurrency sector.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.