I see. Legal actions? Isn't Steem decentralized? Who can take legal action against scam Dapp developers?
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I see. Legal actions? Isn't Steem decentralized? Who can take legal action against scam Dapp developers?
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Fraud is illegal, even if it happens on the blockchain^^. I am not saying that what they did is fraud, but in my opinion, it's shady. Of course, everyone can be sued, if they are able to find the team behind the dapp. If it's a reputable dapp, the team should always be known.
Yeah, but there's too many frauds in the Cryptos world it's impractical to take legal action even against those involving billions of dollars in sum.
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People who lost millions due to a scam will always sue the company or its individuals.
Good luck to them!
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