2022

‘Crypto Is A Full-On Fraud’ – Jacobin | $20,710.60

By Uri Shalev

Last Updated: Nov 18, 2024

bitcoin obituary

Cryptocurrency is a scam.

All of it, full stop — not just the latest pump-and-dump “shitcoin” schemes, in which fraudsters hype a little-known cryptocurrency before dumping it in unison, or “rug pulls,” in which a new cryptocurrency’s developers abandon the project and run off with investor funds. All cryptocurrency and the industry as a whole are built atop market manipulation without which they could not exist at scale.

Eulogy made by Sohale Andrus Mortazavi
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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Uri Shalev
Uri Shalev
Crypto Writer

Uri Shalev studied Psychology at the University of Haifa. With a keen interest in cryptocurrency and disruptive tech, Uri has a breadth of experience in digital marketing and SEO. Read More

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