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Small crypto funds are next to fall. Case study: Finblox
- rvz 4y ago> here are a pile of little funds like Finblox, with shiny web pages, and customers who are enormously happy — right up until they aren’t. And they lock up customer's funds up and they cannot withdraw it. This is why DeFi 'Yield Farming' platforms like Stablegains, Celsius, Finblox, etc are designed to fail in a bear market which the tons of users only jump in when the market is running on the upside. A platform promising 200% APY on your savings is a 98% chance it is a pyramid scheme.
- jqpabc123 4y agoIf it sounds too good to be true, it probably is. Crypto bro's now gettin' used like ho's.