A reported $292 million protocol exploit. No credential, no dwell time, no log — and no ability to disconnect while you investigate.
No credential stolen, no server compromised, no employee deceived. The contract executed exactly as published — the specification and the intent diverged.
A voter who wrecks the protocol wrecks their own holding — unless the holding lasts one transaction.
No insurance, no reserve fund, no protocol mechanism. The guarantee was a company deciding to pay.