Re:Attorney General orders unregistered crypto lending platf...
by Animats on Monday October 18, 2021 @08:19PM
(#28913526)
> companies like Nexo
Right. What part of "Ponzi scheme" did you not understand?
This has nothing to do with "crypto". This is the same scheme as Madoff's. It's almost the same scheme as John Law's bank of 1720. There's not much innovation in scams. Just new forms of obfuscation.
Right. What part of "Ponzi scheme" did you not understand?
This has nothing to do with "crypto". This is the same scheme as Madoff's. It's almost the same scheme as John Law's bank of 1720. There's not much innovation in scams. Just new forms of obfuscation.