The crypto "degens" are pretty much the perfect cohort for pulling these kind of scams on. They're driven by fast money, unearned profit, and the premise of in

The crypto "degens" are pretty much the perfect cohort for pulling these kind of scams on. They're driven by fast money, unearned profit, and the premise of investment despite all rational signals pointing to it being a bad idea. Its a Condensation of Rubes.