• 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

Bitcoin Trading Stabilizes Around 89,400 Amid Key Cost Basis Insights

chest

Bitcoin is trading in a narrow range around 89,400, with key insights from Glassnode on market cost basis levels.

user avatarTenzin Dorje

Hedera HBAR Price Experiences Downtrend with Recent Consolidation

chest

The HBAR price has been in a downtrend, recently consolidating between 0.0130 and 0.0155 after a brief relief rally.

user avatarMohamed Farouk

Analyst Highlights Wyckoff Structure in XRP Trading

chest

Analyst ChartNerdTA highlights a crucial trading pattern for XRP that aligns with the Wyckoff reaccumulation model, indicating the need for a double bottom formation to maintain market structure.

user avatarBayarjavkhlan Ganbaatar

Pepe Coin Faces Bearish Pressure Despite Whale Accumulation

chest

Pepe Coin price remains under pressure below a key support level, forming a bearish pattern while whales continue to accumulate the token.

user avatarElias Mukuru

Bybit Launches High-Yield Staking Campaign

chest

Bybit has launched a new regional campaign allowing users to stake USDT for a fixed 666 APR payout in BTC, running from December 8, 2025, to January 8, 2026.

user avatarDiego Alvarez

Indiana's House Bill 1042 Mandates Cryptocurrency ETFs in Public Retirement Plans

chest

Indiana's House Bill 1042 mandates public retirement plans to include cryptocurrency ETFs, potentially increasing institutional Bitcoin investment.

user avatarKenji Takahashi

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.