Jason Calacanis says litigation, and possibly criminal charges, await the companies and “grifting” VCs that knowingly flipped crypto tokens to retail investors
Watch out venture capital, the regulators are coming. — That's the warning from long-time angel investor Jason Calacanis … Tweets: @alex , @tracyalloway , @mdudas , @thestalwart , @nouriel , @mliebreich , @silvermanjacob , and @mdudas Tweets: @alex : kinda agree here with @jason https://www.bloomberg.com/... https://twitter.com/... Tracy Alloway / @tracyalloway : New Odd Lots! @TheStalwart and I speak to @Jason about the expensive lesson coming to Silicon Valley. https://www.bloomberg.com/... @mdudas : neverforget the $sol dumping jokes https://twitter.com/... Joe Weisenthal / @thestalwart : On the new Odd Lots, @jason ripped into VCs who got into crypto tokens. Accusing them lawyer shopping, so they could sell unregistered securities to retail investors, which he predicts will lead to a season of lawsuits and possible criminal charges https://www.bloomberg.com/... Nouriel Roubini / @nouriel : Jason Calacanis Rips Into ‘Grifting’ VCs Flipping Crypto Tokens to Retail Criminal action may follow into this duping of retail suckers ... https://www.bloomberg.com/... Michael Liebreich / @mliebreich : Not to mention queens: “We just had somebody on the FBI's most wanted list, who was the Bitcoin queen.” And I love this quote: “I don't have strong feelings on it, but it's a complete, utter grift.” https://www.bloomberg.com/... Jacob Silverman / @silvermanjacob : As @ncweaver has argued, the business model of big crypto VC funds is essentially securities fraud. https://www.bloomberg.com/... @mdudas : wow, @jason's podcast partners better watch out https://twitter.com/...