Post
Topic
Board Press
Re: [2019-05-20] EtherDelta receive Cryptopia hacker funds
by
CryptoBry
on 23/05/2019, 15:26:06 UTC
Well it ED had known the prior addresses of the hackers, they could have block it, but I don't know about their setup and I'm not sure about the KYC procedures if they have implemented it since the founder was charge by SEC last year about operating a unlicensed/unregistered exchanges.

https://www.ccn.com/will-etherdelta-charges-lead-to-the-demise-of-decentralized-crypto-exchanges

I really doubt if they will be taking some action on this. In my knowledge, decentralized exchanges do not implement KYC or do they? I am wondering as a decentralized exchange, can EtherDelta really block these transactions from happening or will they just pretend that they are not aware of those identified addresses? And will this not be an issue against the current set-up of decentralized exchanges?