Re:Vauld suspends all withdrawals, trading and deposits on t...
by hotpotamus on Monday July 04, 2022 @09:23AM
(#31976744)
I used to think all these guys were brilliant predators. I've updated my thinking in that I allow for the possibility that some are dumb predators but I can't tell the difference.
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Re:Vauld suspends all withdrawals, trading and deposits on t...
by JimmyRuska on Monday July 04, 2022 @11:24AM
(#31978041)
It's a ponzi. The goal is to grow as fast as possible before a liquidity crunch makes you go insolvent. But the main goal was always to get that payday after bankruptcy steals the user funds.