A class-action lawsuit in Canada could change the perception that unregulated DeFi systems are not subject to traditional law. The action against Andean Medjedovic, a Canadian teenager accused of stealing $15.8 million from a DeFi protocol called Indexed Finance, contends that DeFi's so-called 'code is law' convention does not guarantee immunity from traditional laws. DeFi environment is governed by code's permissibility in the absence of real-world legislation.
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Mkt Cap $2.30T
BTC Dom 56.74 %
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$64,968.00
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ETH
$1,919.50
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USDT
$0.999411
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BNB
$594.60
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USDC
$0.99966
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XRP
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SOL
$74.99
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TRX
$0.328907
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FIGR_HELOC
$1.01
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HYPE
$54.78
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DOGE
$0.070253
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USDS
$0.999789
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RAIN
$0.012674
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$506.79
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ADA
$0.199449
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XMR
$377.39
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WBT
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USDE
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GRAM
$1.36
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BTC
$64,968.00
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USDT
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BNB
$594.60
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USDC
$0.99966
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XRP
$1.04
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SOL
$74.99
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$0.328907
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FIGR_HELOC
$1.01
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HYPE
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DOGE
$0.070253
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LEO
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ZEC
$506.79
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ADA
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XMR
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WBT
$56.23
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LINK
$8.34
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XLM
$0.163639
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DAI
$0.999896
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BCH
$216.60
▲ +0.60%
USD1
$0.999821
▲ +0.00%
USDE
$0.999599
▲ +0.00%
GRAM
$1.36
▲ +2.10%
Mkt Cap $2.30T
BTC Dom 56.74 %
BTC
$64,968.00
▲ +0.50%
ETH
$1,919.50
▲ +0.40%
USDT
$0.999411
▲ +0.00%
BNB
$594.60
▲ +1.00%
USDC
$0.99966
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$74.99
▲ +2.30%
TRX
$0.328907
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.78
▼ -3.10%
DOGE
$0.070253
▲ +1.40%
USDS
$0.999789
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RAIN
$0.012674
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$506.79
▲ +0.10%
ADA
$0.199449
▼ -0.80%
XMR
$377.39
▲ +2.70%
WBT
$56.23
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LINK
$8.34
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XLM
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DAI
$0.999896
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BCH
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USD1
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USDE
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GRAM
$1.36
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