The crypto implosion has similar features to the Madoff operation
“Madoff: The Monster of Wall Street” is a four-part documentary airing on Netflix. This could hardly be more relevant given the spectacular implosion of Sam Bankman-Fried and his cryptocurrency empire FTX. While much is unknown about “SBF” and FTX, the similarities to the Madoff operation are striking. Ponzi characteristics: Madoff ran a pure Ponzi scheme. …
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