A multitude of people who are responsible for creating and promoting two cryptocurrencies that are suspected of being fake face a litany of accusations that could send them to prison for a period of t...
Tag: Ponzis
Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M
United States prosecutors have laid charges in two separate cases against nine people who founded or promoted a pair of cryptocurrency companies alleged to be Ponzi schemes that netted $8.4 million fr...
How to create algo stablecoins that don’t turn into Ponzis or collapse
Ethereum co-founder Vitalik Buterin has shared two thought experiments on how to evaluate whether an algorithmic (algo) stablecoin is sustainable. Buterin’s comments were sparked by the multi-billion ...
DAI co-founder brands UST, MMT Solid Ponzis that’ll collapse
TL: DR Breakdown Rune Christensen, a co-founder at Maker, the parent company behind stable coin DAI, has openly challenged two competitors. Christensen claimed that UST and MIM Stablecoins could colla...
Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero – Bitcoin News
Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra’s d...