Fraud & Legal Issues - Eli Weinstein promised reform but started another Ponzi scheme after release [1] - Weinstein used an alias in the new Ponzi scheme [1]

RT Hedgie (@HedgieMarkets)🦔I keep seeing people call Michael Saylor's Strategy a Ponzi scheme, so I wanted to walk through what's actually happening because the truth is more nuanced than the hot takes suggest.The Business Model and NumbersStrategy has no meaningful operating income. The company borrows money and issues stock to buy Bitcoin, then issues preferred shares that pay 8-10% dividends to fund more borrowing. That cycle works as long as Bitcoin keeps going up and they can raise capital. They hold 6 ...

I never expected I'd be part of a Ponzi. I never expected to lose money. You fantasize, you know, you fantasize about, well, maybe I can buy a bigger house or or maybe I can send my kids to private school, do things that, you know, you normally wouldn't do.But that made the pain more hard at the end. He said, "Safe, safe, safe. We are going gang buster. This is all fake." The thing like everything is fictitious. >> This is a story about a series of crimes that could have easily been prevented.>> When I foun ...

Over the weekend I watched 'Now You See Me: Now You Don’t'.Tried to switch off crypto for a bit.But in the opening scene they expose three crypto scammers who robbed people via their fake CEX.Not spoiling the rest, but every time crypto shows up in movies it’s the same story.We’re always shown as money launderers or loud tech guys flexing wealth.This view hasn’t improved over the years. If anything it got worse even after major wins.Today FT wrote about the crypto crash & Saylor and the comments are the usu ...

RT Heidi (@blockchainchick)Can anyone explain how this isn’t a ponzi scheme? ...

RT Ted (@TedPillows)Look at this post from Saylor.I now declare $MSTR as a ponzi scheme.This could end REALLY bad. Don't buy this crap. ...

Former FTX CEO SBF's Ponzi SchemeTutorialOn April 25, 2022, SBF explained "yield farming" on the Odd Lots podcast but unintentionally described a full-blown Ponzi scheme. He used an example of a "box" (a project) created with nothing more than an internet connection and a token issued out of thin air. With enough hype and influence, it could attract $200 million in investment. Prices rise because money flows in, and money flows in because prices rise. By the end of it, you realize — this isn’t innovation, i ...

cant even tell if this is ai or notPonzi Trader (@buyerofponzi):Locked in https://t.co/EOOPm3Hbff ...

Everybody Loves a Ponzi‘Perhaps there is still time to defeat history.’-Daniel OliverMr. Oliver must be an unreconstructed optimist. An un-mugged Democrat. A man enjoying his first vote…or his second marriage.The history he is referring to is the one we know so well. It is the history of booms and busts…and of great nations laid low by the ‘fatal conceit’ of their leaders.All bubbles burst.All paper currencies become worthless.All empires decline and fall.it is a repeatable, predictable, investable history ...

Cryptocurrency Market - Ponzi schemes of the current cycle are unwinding [1] - FG NEXUS, an Ethereum DAT, sells 10,922 ETH for share buybacks with 40,005 ETH remaining [1]