RE:Mr. Duck - this is what real fraud is!pacer001 wrote: Mr. Duck where were you when these crypto folks really needed your warnings and implorations?
The greatest con man of all time, Elon Musk who makes Bernie 'I made off with your money', look like a rookie, made gazillions off that obvious con Dogecoin. It dropped 90%! You know why they call these so-called "digital assets" crypto? Because it will put you in a crypt!
See below story:
https://decrypt.co/103089/elon-musk-tesla-spacex-dogecoin-lawsuit?amp=1
i agree Pacer.. Warren Buffett once called crypto currencies "rat poison" but he invested $1 billion in a crypto bank startup.They are digital currencies in the Metaverse. Madoff is actually not such a crook as most investors got their money back. He just sat on the money.
Crypto and NFT's are likely the biggest scams in the history of the world in terms of $trillions at risk. Most will go to zero.
Zhao who is the founder of Binance crypto exchange transacts $35 trillions last year. It is bigger than Coinbase. Zhao known as CZ was originally from China and is the richest Canadian and as rich as Zuckerberg with net worth once estimated at $100 billion before the crypto meltdown.
Like penny stocks, they are "funny money" unless you have the sense to flee and run and turn them into real money.