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A comment on Crypto company's collapse strands scientists. Parent comment

Re:Crypto company's collapse strands scientists by cscurmudgeon on Wednesday November 16, 2022 @04:33PM (#33630989)
This wasn't pure gambling.

This was plain fraud.

Let us not sugarcoat it by saying it was "plain" gambling.

It was gambling BUT with stolen funds.

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Re:Crypto company's collapse strands scientists by throwawaysleep on Wednesday November 16, 2022 @06:52PM (#33632776)
Crypto is just one big grift.
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Re:Crypto company's collapse strands scientists by lanstin on Thursday November 17, 2022 @02:32AM (#33635996)
And when the crypto prices were going up, it was a safe bet with customer funds. Fraud, sure, but safe fraud, call it removal of unneeded regulations. Now, tho, looks like all that stuff between 2020 and now in crypto was, like the tech stocks, a bubble, and the longer term prices are more likely to be around where they are and stabler than previously, making a safe fraud a busted fraud.
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