New film ‘Code is Law' explores moral quandary behind crypto hacks

James Craig's groundbreaking documentary "Code Is Law" delivers a provocative examination of cryptocurrency's dark side, exploring the moral justifications behind major crypto hacks that have plagued the blockchain industry. The film investigates how cybercriminals rationalize their actions when targeting Bitcoin exchanges, DeFi protocols, and cryptocurrency platforms worth billions in digital assets.

As the cryptocurrency market continues expanding, with Bitcoin and altcoins attracting institutional investors, security vulnerabilities remain a critical concern. Craig's documentary sheds light on the psychological aspects of crypto hackers who exploit smart contract weaknesses and blockchain vulnerabilities, often justifying their actions through the "code is law" philosophy that governs decentralized finance.

The timing proves significant as DeFi hacks have cost the cryptocurrency ecosystem over $3 billion in recent years, impacting Bitcoin prices and investor confidence. "Code Is Law" offers crucial insights into cybersecurity challenges facing cryptocurrency exchanges, wallet providers, and blockchain developers. This compelling documentary arrives as regulatory bodies worldwide intensify oversight of digital assets, making it essential viewing for cryptocurrency investors, blockchain enthusiasts, and anyone seeking to understand the moral complexities surrounding decentralized finance and cryptocurrency security breaches.