Crypto
At What Point Can Cryptocurrencies Be Considered Ponzi Schemes?
Ethereum co-founder Vitalik Buterin explained why some stablecoins can act like Ponzi schemes while others don't.
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BTC$60,654.00-0.59%
ETH$1,559.10-1.26%
USDT$0.9996-0.01%
USDC$0.9997+0.01%
XRP$1.09-1.35%
SOL$61.91-3.12%
TRX$0.3237+0.86%
FIGR_HELOC$1.03+0.46%
DOGE$0.0814-0.42%
HYPE$56.44-5.27%
USDS$0.9997-0.02%
LEO$9.44-1.44%
RAIN$0.0128-1.63%
XLM$0.2116+5.14%
CC$0.1627+9.72%
DFPI likened the behavior of 11 sued companies as reminiscent of pyramid, and Ponzi Schemes.
Ethereum co-founder Vitalik Buterin explained why some stablecoins can act like Ponzi schemes while others don't.