Another example of why "identities are the problem, not the solution":

"On February 21, a UK court ordered Oasis to retrieve funds stolen during a $322 million attack on another protocol called Wormhole last year, according to a statement Oasis released that day and first reported by Blockworks. The hacker had deposited a portion of the heisted proceeds in Oasis to increase their Ethereum holdings."

A multisig quorum of people who can be criminally charged is not "decentralized" in any way that actually matters. It's actually even worse than "the DAO" in 2016 - at least in that case it was actually *hard* to confiscate the money.

https://www.dlnews.com/articles/defi/wormhole-hack-recovery-sets-a-very-dangerous-precedent-for-defi/

the website is a bit shitty but I strongly recommend reading, there are several other interesting quotes in there.

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