Mastodawn

Ed Zitron on Genesis/Gemini. "Cameron and Tyler Winklevoss — as well as Barry Silbert — have defrauded investors at a similar scale to Sam Bankman-Fried." https://wheresyoured.at/p/a-billion-dollar-fraud-in-plain-sight "This is one of the largest and most gratuitous acts of negligence in the history of finance, a craven and deliberate swindle that flowed through every vein of the organization."

A Billion-Dollar Fraud In Plain Sight

Back in November 2022, I tried to warn everybody that something bad was coming at the scale of an FTX, something that would almost exclusively harm US investors, and I was sadly right. In February 2021, Gemini (one of the largest and most respected US cryptocurrency exchanges) began

Ed Zitron's Where's Your Ed At

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Dan Sugalski Nov 1, 2023

@davidgerard Folks being defrauded by the twins just befuddle me. I mean, you could make a case (possibly involving drugs and/or head trauma) that people could see SBF as some kind of financial genius, but the twins? If you asked someone to draw skeevy upperclass scam you'd get a portrait of them.

I mean, the leopards-eating-people's-faces party lady looks at their customers and says "what, you didn't realize they were scamming you?"

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Lrusse / Behling Nov 2, 2023

@davidgerard I really try, but I can just never remember who is who out of Gray-scale, Gemini, Genesis and all their robber baron owners. Total mind block 😣