Comment on New York sues crypto firms for losing over $1 billion
drdabbles@lemmy.world 1 year agoThat’s it what the lawsuit is about here. It was the fraudulent misrepresentation of the investments that was illegal.
Comment on New York sues crypto firms for losing over $1 billion
drdabbles@lemmy.world 1 year agoThat’s it what the lawsuit is about here. It was the fraudulent misrepresentation of the investments that was illegal.
blazera@kbin.social 1 year ago
I dont believe for a second anyone thought these werent risky investments.
Franzia@lemmy.blahaj.zone 1 year ago
You didnt read the whole article. All of these firms also did fraud, not just misrepresenting the risks.
drdabbles@lemmy.world 1 year ago
That’s because you and I aren’t complete fools. But when you pay a bunch of celebrities to talk about their apes, coins, and other moronic shit on national and international TV, less aware people tend to be duped. It’s a confidence scam, after all.