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That's a bit revisionary. Every time someone posted about Anchor's "15% returns" there was at least one comment noting that this is unsustainable and probably a
by AlexandrB 4y ago
That's a bit revisionary. Every time someone posted about Anchor's "15% returns" there was at least one comment noting that this is unsustainable and probably a Ponzi scheme that will collapse.
The thing with crypto is that there are so many scams and houses of cards that making an exhaustive list is difficult. People point to Tether because it's a house of cards that's #3 by market cap. Tether hasn't imploded yet but its market cap is dropping precipitously right now and if they're not properly backed they might run out of money to redeem USDT soon.