“It’s very like a hostile corporate raid funded by junk bonds – except it was over in 10 seconds,” said David Gerard, the author of Attack of the 50 Foot Blockchain. “In regulated markets, we have laws and regulations on how you can take over a company and drain it, but it’s not clear that this action was illegal. Even the project concedes that the raider acted according to the rules that Beanstalk set out.”

Its legal :ancap-good: they followed the rules and didn't violate NAP.