It's always amazing to watch all the cliches rack up.
These crypto threads are like a manual on how to get ripped off.
- Nobody does xxx
- Always a good time to buy!
- You just don't understand
- Past results indicate future returns!
A shady overseas corporation with unaudited financials racking up government investigations. What a deal!
Could handing these people your money be an any more obvious bad idea? Does somebody need to wear an eye patch and shoot a henchman?
Just a funny one i remember... This is CZ who is getting sentenced in a few hours from now.
In crypto people are extremely gullible. But reasonably so because prices have been going CRAZY and any retard who had a strong enough belief could've gotten rich.
And government has done little to nothing about it so far...
They cracked down on ICOs so the retail couldn't buy... then VCs seeded the initial rounds and unloaded their bags at premium on retail.
Nobody protects the retail. They only punish the bad actors once the damage is already done.