Platypus Hacker Acquitted of Stealing £8.5 Million: Utilizing Flawed Smart Contracts Does Not Constitute Fraud
DeFi Investing 

Platypus Hacker Acquitted of Stealing £8.5 Million: Utilizing Flawed Smart Contracts Does Not Constitute Fraud

French
World Report
reports that Platypus Finance, an automated market maker (AMM) protocol on Avalanche, which was attacked by a flash loan in February this year, resulting in approximately $8.5 million in losses, has had its criminal charges revoked by French authorities recently. The authorities stated that the use of flawed smart contracts does not constitute fraud.

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