Roy Badami [ARCHIVE] on Nostr: 📅 Original date posted:2015-01-20 📝 Original message:> Why is this? Well, in ...
📅 Original date posted:2015-01-20
📝 Original message:> Why is this? Well, in most jurisdictions financial laws a custodial
> relationship is defined as having the ability, but not the right, to
> dispose of an asset.
So if I leave my window open while I'm out and there's some cash on my
desk, visible from the street, then every passer by now has a
custodial relationship with me?
Your example of a malicious software update seems more akin to a theft
like that (which is clearly not a custodial relationship) rather than
a true custodial relationship.
roy
Published at
2023-06-07 15:28:50Event JSON
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"content": "📅 Original date posted:2015-01-20\n📝 Original message:\u003e Why is this? Well, in most jurisdictions financial laws a custodial\n\u003e relationship is defined as having the ability, but not the right, to\n\u003e dispose of an asset.\n\nSo if I leave my window open while I'm out and there's some cash on my\ndesk, visible from the street, then every passer by now has a\ncustodial relationship with me?\n\nYour example of a malicious software update seems more akin to a theft\nlike that (which is clearly not a custodial relationship) rather than\na true custodial relationship.\n\nroy",
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