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A comment on Terraform Labs Caught Moving $4.8M Through Shell Company. Parent comment

Re:Terraform Labs Caught Moving $4.8M Through Shell Company by itsoktocry on Wednesday June 01, 2022 @12:55PM (#31584689)
>Most people couldn't tell you how a 401k works or even how a mutual fund works.

If you don't understand how a mutual fund works, you have no business investing in some obscure "stablecoin".

But let's be real: 99.9% of the "victims" were trying to get-rich-quick themselves. Many are gambling again on Luna 2.0 right now. Caveat emptor.

[ Parent | on HN ]
Re:Terraform Labs Caught Moving $4.8M Through Shell Company by chasebank on Wednesday June 01, 2022 @01:10PM (#31584927)
Interesting you're getting downvoted. You're completely right. It's not 99% of "victims", it's most definitely 100% were trying to get-rick-quick.
[ Parent | on HN ]