simple@lemm.ee to Technology@lemmy.worldEnglish · 11 months agoNew York sues crypto firms for losing over $1 billionwww.theverge.comexternal-linkmessage-square19fedilinkarrow-up1121arrow-down14 cross-posted to: technews@radiation.party
arrow-up1117arrow-down1external-linkNew York sues crypto firms for losing over $1 billionwww.theverge.comsimple@lemm.ee to Technology@lemmy.worldEnglish · 11 months agomessage-square19fedilink cross-posted to: technews@radiation.party
minus-squareblazera@kbin.sociallinkfedilinkarrow-up1·11 months agoI dont believe for a second anyone thought these werent risky investments.
minus-squareDr. Dabbles@lemmy.worldlinkfedilinkEnglisharrow-up1·11 months agoThat’s because you and I aren’t complete fools. But when you pay a bunch of celebrities to talk about their apes, coins, and other moronic shit on national and international TV, less aware people tend to be duped. It’s a confidence scam, after all.
minus-squareFranzia@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·11 months agoYou didnt read the whole article. All of these firms also did fraud, not just misrepresenting the risks.
I dont believe for a second anyone thought these werent risky investments.
That’s because you and I aren’t complete fools. But when you pay a bunch of celebrities to talk about their apes, coins, and other moronic shit on national and international TV, less aware people tend to be duped. It’s a confidence scam, after all.
You didnt read the whole article. All of these firms also did fraud, not just misrepresenting the risks.