Re:Crypto’s hottest game is facing an economic maelstrom
by vmception on Friday November 26, 2021 @02:13PM
(#29353091)
Yeah but they clearly said revenues after the funding, which far eclipse the funding, which moves this far beyond any comparison to Theranos or high flying companies you might actually respect
That’s how a lot of scams fly under the radar, _it’s not a scam, you just don’t get it_.
Outside of cryptocurrency you can look at Theranos, it raised close to a billion dollars and was fraud from top to bottom. Within the cryptocurrency world you can look at Tether.
A few hundred million in funding from cryptocurrency investors means nothing when it comes to credibility.