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Let's not pretend that people who put money into such crypto "investments" don't know exactly what is going on. The goal is always to pull money out before the
by paxys 2y ago
Let's not pretend that people who put money into such crypto "investments" don't know exactly what is going on. The goal is always to pull money out before the inevitable collapse and leave some other sucker holding the bag. And if you get too greedy and don't manage to do it in time just cry fraud and turn to the government for help. After hundreds of such high profile incidents this is still regularly happening today (see the "Hawk Tuah coin" for example). I have no sympathy for anyone involved in these scams, whether perpetrator or victim.
- jszymborski 2y agoThere were plenty of unwitting, first-time crypto investors in the case of HAWK. The reason that influencers like Ms. Welsh are of such great value to crypto scammers is that they introduce or legitimize crypto investment to new unexperienced and unwitting investors. These folks are scammers, the people who fall for the scams are victims.