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FTC: consumers have reported losing nearly $82M to crypto scams during Q4 2020 and Q1 2021, up more than 10x YoY

Alexander Osipovich / Wall Street Journal : Tweets: @jessefelder and @ldrogen Tweets: Jesse Felder / @jessefelder : ‘DeFi projects offer yields far higher than conventional interest rates and even some legitimate projects are run by anonymous teams. That makes it easy to carry out “rug pulls,” a scam in which operators raise money only to abscond with the funds.’ https://www.wsj.com/... Leigh Drogen / @ldrogen : Does $DOGE count as a scam? https://twitter.com/...

Wall Street Journal Alexander Osipovich

Discussion

  • @jessefelder Jesse Felder on x
    ‘DeFi projects offer yields far higher than conventional interest rates and even some legitimate projects are run by anonymous teams. That makes it easy to carry out “rug pulls,” a scam in which operators raise money only to abscond with the funds.’ https://www.wsj.com/...
  • @ldrogen Leigh Drogen on x
    Does $DOGE count as a scam? https://twitter.com/...