Uh, yeah, can we just rewind the past 12hrs. Once DMs b/w exchanges, funds, protocols start being blasted on Twitter it starts getting dicy really quick.https://twitter.com/denkomancheski/status/1371599781835984899 …
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It’s certainly shady to pull out. But that is not binding if it’s just a conversation like that. I’d hope there is more.
it actually is - messages sent back and forth with clear terms and clear offer and acceptance like that with consideration constitute a writing and are legally binding
Contract doesn't need to be executed if other party has a malafide interest.
email / verbal / written contracts are broken all the time for less misbehavior. Here there was an understanding for it to be a long term investment, not instadump on binance lol. What jury would side with @SBF_Alameda @AlamedaTrabucco ? Just gauge CT now and you have ur answer
how about being more than happy to receive $20m and announce a partnership? that seems like $reef were in agreement or they would have told alameda to hold off, no?
This. I'd imagine the speed at which things evolve in crypto makes it nearly impossible to get proper docs on both sides completed in time. A lot of this is prob on good faith and in an ecosystem with a material amount of scammers aggressive action is reasonable.
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