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The blockchain removes the need for trust when the blockchain is involved completely and without obfuscation

The need for trust doesnt stay removed magically because someone in the blockchain space was involved

Which is exactly what happened and we seem to agree. Thanks!

They could have used a decentralised exchange, but didn't. I guess that is telling in and of itself. The tools were there for them to use, without trust, but they weren't used.

There are things they could have done, out of those other possibilities, decentralized exchanges probably wouldn't give them the best price at those amounts, and different ways for others to frontrun them, ensuring they got an even worse price.

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