It was talked about well in advance. As a result, the team new about this potential exploit and did NOTHING to prevent it. In fact, I saw conversation where geenpool explained it completely with the math, well in advance and expressed that liquidity is required to prevent this. The team had options to solve this and sat on their hands. Really disappointed from that perspective as well. All they had to do was release the LP rewards, would have pumped liquidity and helped to mitigate this, potentially.
This certainly doesn't justify the actions of the people involved. The team has to know, if an exploit exists, it will happen. They could have changed to 6 hours in advance and also released LP rewards for community to start piling in liquidity.
If it wasn't these guys, it would have been someone else. it would have happened regardless. I hold the project team accountable for this happening. They had the prior knowledge and did nothing to resolve it in a timely fashion.
Using your bank analogy, imagine you go to the bank on Monday, and tell them there is a vulnerability and they can get robbed. Then, you wait 2 weeks and they don't fix the vunerability...so you then decide to rob it because if you don't someone else will (yes, still seriously ethically bad behavior)...the bank knew it was coming and didn't fix it. Well, SPL/GLX team knew it was coming and didn't fix it...
[None of this justifies the actors actions. I am just more holding the team accountability to this then the actors]
None of this justifies the actors actions