FTX collapse, Tether operations have linked to online-poker cheating scandals

Re:FTX collapse, Tether operations have linked to online-pok... by TheMaskedCoder on Monday November 14, 2022 @09:13AM (#33594138)

Actually, this seems like a rather interesting defense of crypto. To use the metaphor, did the trough create the pigs? Or did it only draw a horde of pre-existing pigs to one place? Perhaps the amount of quasi-criminals that we are seeing in the crypto sector right now is just a sign that crypto was highly successful and not a condemnation of crypto in and of itself.

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Re:FTX collapse, Tether operations have linked to online-pok... by Semaphor on Monday November 14, 2022 @09:39AM (#33594533)

You are half right. It obviously did not create the pigs, but the "trough" is the place for easy pickings: Crypto. Of course Crypto did not create scammers, scammers simply have an easy time scamming people there.

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Re:FTX collapse, Tether operations have linked to online-pok... by ajhurliman on Monday November 14, 2022 @11:08AM (#33596104)

Agreed 100%, but troughs are good for other things besides feeding pigs. I hope the actually innovative, non-scam projects don't have their name tarnished too much by all the pigs.

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Re:FTX collapse, Tether operations have linked to online-pok... by wffurr on Monday November 14, 2022 @09:30AM (#33594390)

Successful at what, enabling criminal activity?

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Re:FTX collapse, Tether operations have linked to online-pok... by sebastialonso on Monday November 14, 2022 @10:28AM (#33595367)

Am I understanding this correctly? The very fact that the Crypto scene was filled with criminals is direct evidence that "it works"?

Is this a soft implication that the same scene should "continue" to exist as it currently is?

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