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The Evolution of Ethereum | Tim Beiko

0xResearch

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DeFi's Dead on My Timeline?

The OASIS multi-sig had to facilitate the transfer of assets from a wormhole expoiter to an address controlled by jump. Jump then sent transactions to this additional address, paid down debt and withdrew about $200 or so million of collateral. Net net, jump had to pay $80 million to retrieve about $220, so they ended up about $140 million better off. This is the first time a court has ever ordered specific on-chain transactions to occur.

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