News for hackers. Stuff that matters.

A comment on Major crypto trading firm Alameda Research might be insolvent.

Re:Major crypto trading firm Alameda Research might be insol... by jqpabc123 on Friday November 04, 2022 @07:58AM (#33465160)
Who needs government regulation? Crypto investors do if they don't want to get swindled.

Laws don't prevent crime and regulation is no guarantee either but it does act as a deterrent to the most blatant scams.

[ Parent | on HN ]
Re:Major crypto trading firm Alameda Research might be insol... by cryptoanon on Friday November 04, 2022 @09:09AM (#33466019)
How is that related to this article?
[ Parent | on HN ]
Re:Major crypto trading firm Alameda Research might be insol... by jqpabc123 on Friday November 04, 2022 @09:49AM (#33466644)
They chose the crypto market for their "flywheel" scheme. Why?

Crypto attracts scammers like flies to crap.

And a big part of the reason is the lack of regulation and transparency.

[ Parent | on HN ]