Hmm you bring up a good point here. Does this go in favor of regulation of cryptos or would it be possible to punish someone or a group for performing a 51% attack?
Is it possible to find the bad actor in the case of something like this? My guess would be it depends on the privacy of the coin and a host of other things.
I think it is unethical and wrong, but I’m not sure if it is illegal. If they are breaking a law of some sort they should be punished
You would think there would be a lot of potential crimes. Stealing from the exchanges for one. Is disrupting a financial network a crime?
As for tracking them if they did it for theft it could be possible even with privacy coins. They have to spend them somehow. Someone all of a sudden acquires millions some alarms will go off somewhere. Only takes them getting sloppy. Then there is the bragging aspect. Few too many drinks.......
That is very true about someone spilling the beans about doing it! I guess it wouldn’t be too difficult to catch someone!
I’m not sure if disrupting a financial network is! I would imagine it is!