Crypto collapse: SEC takes on Terraform and Coinbase, ETF fallout continues, Tether is for crime
Moron-Backed Securities and Collateralized Rugpull Obligations.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
Moron-Backed Securities and Collateralized Rugpull Obligations.
“I looked at his picture and thought, There’s something wrong going on with him.”
“I couldn’t stand to market to such a deranged group of individuals and the toxic web3 workplace.”
At 10:10:42am, you can hear Aaron Bell MP entering “… forgive me, but so-called shitcoins …” into the record.
The UK Government has declared that cryptocurrency and blockchains are the way of the future! So they’re asking people like me about it.
The review is nine thousand words. But it’s considerably more coherent than the book, because I had an editor.
Ethereum makes more sense if you first assume it never mattered if the fancy promises ever worked out.
“EBSA expects to conduct an investigative program aimed at plans that offer participant investments in cryptocurrencies and related products.”
This is the cyberpunk future we deserved — the first NFT rugpull by a nation-state.
“Please, God, I don’t ask for much from You. But give me this. A video of a sad cryptobro, trying to get a beat cop to make a police report about his stolen ape jpeg.”