The whole point of crypto (especially the exchanges) is just to take cash away from users and encourage more users to pour in actual $$$, get worthless tokens in exchange, while they run away with the $$$. Being mad at a few specific actors in the fraud chain just makes no sense, the problem is the fraud chain itself. Luna and FTX just happened to be the first big dominos to fall. Of course, there are smaller fraudtokens that fail constantly, and on purpose!
lovely_sombrero t1_j3rf5xi wrote
Reply to comment by domino2064 in Coinbase to slash 20% of workforce in second major round of job cuts by ChocolateTsar
The whole point of crypto (especially the exchanges) is just to take cash away from users and encourage more users to pour in actual $$$, get worthless tokens in exchange, while they run away with the $$$. Being mad at a few specific actors in the fraud chain just makes no sense, the problem is the fraud chain itself. Luna and FTX just happened to be the first big dominos to fall. Of course, there are smaller fraudtokens that fail constantly, and on purpose!