Source: MoonPay insiders, including CEO Ivan Soto-Wright, cashed out $150M in shares as part of the crypto payment startup's $555M Series A in November 2021
The only smart people in the entire NFT fiasco were the grifter CEOs who made bag holders out of greedy VCs and Ponzi schemers who thought they were the ones doing the pump & dump. … Tweets: Pauly / @...
A look at Argentinian crypto company Generación Zoe and its pastor founder Leonardo Cositorto, who is accused of a $120M+ Zoe Cash cryptocurrency Ponzi scheme
Facundo Iglesia / Rest of World : Tweets: @restofworld and @restofworld Tweets: @restofworld : Generación Zoe brought in hundreds of millions in investments by promising a gold-backed cryptocurrency ...
a16z releases State of Crypto 2023, which tries to explain the dichotomy between market and product cycles and has an index showing stable product development
Chart showing ~250-400 academic publications/mo mentioning “cryptocurrency"/"blockchain"/ etc. to claim that crypto is “a significant area of academic research” … Molly White / @molly0xfff@hachyderm.i...
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
After suspending withdrawals on June 17, Babel Finance reaches “preliminary agreements on the repayment period of some debts”, helping ease liquidity pressure
Dear customers， Babel Finance management has taken the following steps … PYMNTS.com : Crypto Lender Babel Announces Debt Relief Babel Finance : Notice — Dear Customers， Recently, the crypto market h...
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021
what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilise as bitcoin hovers ...
Retail traders after Terra's crash: some say they lost their life savings, others shared suicidal ideation on forums, and some now realize it's a Ponzi scheme
Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme
It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.
A deep dive on Tether, which issued 48B coins this year, as regulators struggle to understand its cash reserves, organizational structure, and other details
something money-market funds avoid.” By @ZekeFaux https://www.bloomberg.com/... Daniel Viola / @dannyviola : Great investigation into the likely Ponzi scheme that is Tether: https://www.bloomberg.co...
Chainalysis: cryptocurrency scams involving Ponzi schemes and other frauds took in over $4B in 2019, which was more than the combined $3B haul in 2017 and 2018
Ponzi schemes are the latest form of bitcoin fraud, with big platforms like one called PlusToken drawing the most money