Teenage Suspect in $16M DeFi Hack Wanted for Arrest in Canada

Day, however, argues that the hack was instead simple fraud. According to filings posted by Day and prepared in collaboration with the Canadian law firm Stockwoods, in addition to the Mareva injunction, Indexed developers are filing a class action suit arguing that the exploit was “civil fraud” and are seeking “rescission for misrepresentation or mistake, and/or unjust enrichment.”