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John Reed Stark Slams Crypto Industry, Calls it ‘Multi-faceted Grift’
- John Reed Stark addressed the crypto community with his ideas about the “crypto-Ponzi” schemes.
- Stark started his arguments by claiming that crypto is another example of “Predatory Inclusion.”
- John Reed Stark ended his Twitter thread by warning users to stop the hustle of crypto.
John Reed Stark, the ex-Chief of the SEC Office of Internet Enforcement, addressed the crypto community with his ideas about the “crypto-Ponzi” schemes. Stark stated, “I believe the design language of the crypto-Ponzi scheme is a multi-faceted grift, comprised of a wide range of falsehoods, all calculated to dupe consumers/investors.”
Having served for 11 yrs as Chief of the SEC’s Office of Internet Enforcement, I believe the design language of the crypto-Ponzi scheme is a multi-faceted grift, comprised of a wide range of falsehoods, all calculated to dupe consumers/investors. Here are 12 egregious examples:
— John Reed Stark (@JohnReedStark) January 24, 2023
The post John Reed Stark Slams Crypto Industry, Calls it ‘Multi-faceted Grift’ appeared first on Coin Edition.
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