Quote from: Doan9269 on January 13, 2023, 03:38:35 PM

Quote from: Woodie on January 09, 2023, 05:20:52 PM

Should an escrow be liable for any loss of such funds and get tagged till such a repayment is done?

If we consider the risk associated with using a centralized exchange in performing escrow for our transactions and eventually they got hacked or went bankrupt obviously we have nothing to do about it because we cannot fight them back to recovering the lost funds, but in case of the campaign managers and their hiring companies this has to be an agreement they would have cone into symphony with before engaging on the deal of contract, with the recent happening i think others will learn and review or recheck their contract terms with the kind of managers they employed, but i think experience also matters here, it's not all about hiring a manager but those that can delivere upto task and has been here on the forum in charge of more than four signature campaigns over years and nothing got mixed up.

Escrow should always hold all funds in a personal wallet, never centralized exchange! Just remember FTX, centralized exchange can always go down. Even low risk should be avoided.
Problem is: if it's an Altcoin for escrow, if it's a shit project, where any token will lose any value, even escrow and personal wallet can't help! Cheesy