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Here's another preposterous offering: 20% APY "risk free" from owning crypto.

• MattGaiser 5y ago
  They must just be loaning it out and slaying people endlessly on margin calls.
  • abxytg 5y ago
    Congrats, you understand defi better than most degens now.
  • gowld 5y ago
    or muling for money laundering.
• jazzyjackson 5y ago
  I report each of these schemes that advertise on facebook as scams; they used to have a rule against crypto advertising but apparently that was lifted last December.
• rchaud 5y ago
  Everybody thinks they can time their exit before the Ponzi reveals itself.
  • mwattsun 5y ago
    If I recall correctly, so did most people in 1929 but when it came time to exit, the to rush to the exits overwhelmed the order sale system so people couldn't sell until it was too late.