How to build a ponzi empire with fake money: FTX and the FTT token

Posted by jcook2004 on Friday November 18, 2022 @11:00AM
from the frontruncrypto.com dept.

https://www.frontruncrypto.com/p/how-to-build-a-ponzi-empire-with

( 1 comment | 2 points | on HN )

Re:How to build a ponzi empire with fake money: FTX and the ... by jcook2004 on Friday November 18, 2022 @11:00AM (#33656644)

How do you think the market, investors, and regulators reacted to a literal worthless crypto token with fake yield used as collateral to trade futures? With 100% acceptance.

[ Parent | on HN ]