This kind of code is usually contracted out to the lowest bidder because the people that want to pull the scam/MLM/NFT project/whatever you want to call it don't have the technical skill, but can do the marketing.
This leads to bugs or exploits often ending up in these "contracts". The concept is inherently flawed, as they can't be updated and can't be reevaluated or reinterpreted by e.g. a court. The money's just lost.
This leads to bugs or exploits often ending up in these "contracts". The concept is inherently flawed, as they can't be updated and can't be reevaluated or reinterpreted by e.g. a court. The money's just lost.