Old daemon and wallet version 0.17.0.1
WTF, but to be honest we knew the potential of something like this happening.
Welcome to the world of Crypto.
It’s still very much in the gold rush / wild west stage.
@AcidD yeah, we still have a long way to go until regulatory frameworks spread…
This does not seem a “failure of regulation”, just as “bank robbery” is not a failure of bank regulation. This all seems to come down to “money laundering”, the exchanges were a registered business, there were 2 choices, comply with regulations and register all amounts over $10,000 or whatever. Or, only allow transfers below that amount.
Totally agree, i meant from the AML, KYC and tracability perspective of it.