UtyDon

Uty@stacker.news

Scaling nostr by preaching accessibility and inclusive thinking

But the risk of exit scams or insolvency are inherent to all centralzied escrow agent. That's why most jurisdictions place onerous fiduciary duties on escrow agents to faithfully hold funds for safekeeping and deliver them according to the terms of the deal. But it can take time and money to get compensation through the courts and usually recovery is for pennies on the dollar. The costs of legal action outweighs any bounty amounts lost through embezzlement.

But the risk of exit scams or insolvency are inherent to all centralzied escrow agent. That's why most jurisdictions place onerous fiduciary duties on escrow agents to faithfully hold funds for safekeeping and deliver them according to the terms of the deal. But it can take time and money to get compensation through the courts and usually recovery is for pennies on the dollar. The costs of legal action outweighs any bounty amounts lost through embezzlement.