In case everyone is sleeping let me break this down for you:

Both crypto and modern private equity are ponzi schemes. With leverage to hold on crypto and leverage on leverage to own on private equity, both industries have been a bag throwing game between investors, with managers cashing in on every trade for close to a decade. Now, the industry is cooling down, they ran out of idiot fund managers to scam into participating in their ponzi scheme so they either let the bubble burst or they find new idiots to be left holding the bag when they cash out before the catastrophe. We’re a the find new idiots phase, with the new regulatory freedom sponsored by the pedophile in chief, all of these scammers are now turning to even lower sofistication investors to buy in their ponzi scheme so they can cash out before the shit hits the fan. Case in point, new age app brokers now advertising investment in the “private markets” as a new product. I see another wealth transfer wave from the lower and middle class to the 1% happening within 2 to 3 years. It’s going to be the reason we get Nazis again in power in the civilized world.