I looked for an argument in favor of a hard fork as opposed to a soft fork, and could not find one.
Greg Slepak

A hard fork eliminates many days spent by the community and Ethereum developers working on the solution to retrieve the funds. Multiple strategies will be employed and a lot of resources will be used with no guarantee that the funds will be saved (though most, if not all, will be saved). A hard fork, on the other hand, is a “button press” that retrieves all stolen funds in an instant.

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