If funds can be reallocated without the private keys, then …
If funds can be reallocated without the private keys, then Bitcoin is fundamentally nonsense. If we're talking about making people liable for stolen funds, that's different. Why threaten to sue devs, if the former is not your intent?
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Funds could always be reallocated without the private keys.
The devs initially wouldn't be sued for the funds, but only to facilitate the recovery process. If they defied a court order, then there would be repercussions.
If devs introduce code that allows this, how are we not introducing a new vector for 51% attack? Simply control most of the hash power and you don't have to re-org .. just reallocate. So much easier.
"If we're talking about making people liable for stolen funds, that's different"
This is all the further the court would go, but that's only IF the culprits can be identified.
CSW is consumed by revenge. If he doesn't get a grip, it will be his undoing.
Wouldn't it need some form of split key to authorize? Like the alert that was removed, but requiring multiple parties to sign off. And yes, 51% could compile code that has a known key that could be exploited, but that would generate a hard fork if used.
https://www.youtube.com/watch?v=oKTatwGNYoE