A thing I’m reflecting on is that, a generation ago, Enron became a symbol of corporate corruption for (among many other things) costing pension funds $2B with their scams. Compare that to how much crypto scammers must have already cost pension funds dabbling in this shit. And yet they’ve avoided nearly as much outrage.

@anildash

Pension funds have no fricking business making risky investments without oversight by an army of auditors and security analysts. Heads should roll and suits should be filed. What’s next? Investing in NFTs? Reprehensible.