4 ms·

All the companies you list are frauds, save maybe coinbase.

• gruez 4y ago
  Isn't that the problem? If you call everything a fraud, is it worth listening to you? Presumably in this case "fraud" refers to some specific instance of intentional deception, and not just some vague idea of "it's fraud because crypto is fraud, because crypto has no value" or whatever.
  • grey-area 4y ago
    Three companies is not ‘everything’. They are frauds because they lack proper accounting controls, store money in assets they themselves control, move money between shell companies for ‘attestations’ and pretend it’s an audit, refuse to get proper audits and because some of the people running them have a history of fraud. Bitfinex and Tether are particularly obvious.