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Oh, that’s right. I forgot they won’t be able to transfer funds once the keys are changed.
What happens if the account and recovery account are both in on the scam?
For instance,
- An account request a loan
- The keys are changed
- Liquid Hive is send to the account
- The account changes back their keys using the recovery account system
- They send those liquid funds to an exchange and have retaken over their original account.
RE: A Quick Look at an Early Working Prototype of the Upcoming Hive.Loans Account as Collateral Community Lending Pool!