Crypto Fraud Diversity

Sick of people calling everything in crypto a Ponzi scheme. Some crypto projects are pump and dump schemes, while others are pyramid schemes. Others are just standard issue fraud. Others are just middlemen skimming off the top. Stop glossing over the diversity in the industry.

A screenshot of a tweet humorously arguing that cryptocurrency scams come in many different forms, including Ponzi schemes, pump-and-dump schemes, pyramid schemes, ordinary fraud, and middlemen taking a cut. The punchline is the sarcastic request to recognize the “diversity” of crypto wrongdoing, mocking attempts to defend the industry by distinguishing between types of scams. EN: A screenshot of a tweet humorously arguing that cryptocurrency scams come in many different forms, including Ponzi schemes, pump-and-dump schemes, pyramid schemes, ordinary fraud, and middlemen taking a cut. The punchline is the sarcastic request to recognize the “diversity” of crypto wrongdoing, mocking attempts to defend the industry by distinguishing between types of scams.

• @rzeczyzabawne / 4858 2022-12-29