They're well connected ivy-league kids with a politically and financially enriched background. They had rich folks who know other rich folks, and they were tryi

They're well connected ivy-league kids with a politically and financially enriched background. They had rich folks who know other rich folks, and they were trying to do a capture of an emerging financial sector (that they then lobbied to regulate with the government). It was a scam from the start that would turn crypto into political party money - forever. It's actually a surprise they didn't succeed