Justin Sun alleges claims his multi-million dollar investment was secured through fraud and is demanding that his tokens be unfrozen and his voting rights restored in dispute over new governance proposal
Money and power gives the confidence to make bad decisions because they have been largely unaware of the risks. All they know is “my personal numbers go up so I make the best decisions” and then proceed to ignore all the warning signs of informed people.
It’s that classic Arrested Development joke “it never works for anyone else but it might work for us”.
It’s insane to me how many people think they can cozy up to the Golgothan and think they’ll be the one to not get shit on.
Money and power gives the confidence to make bad decisions because they have been largely unaware of the risks. All they know is “my personal numbers go up so I make the best decisions” and then proceed to ignore all the warning signs of informed people.
It’s that classic Arrested Development joke “it never works for anyone else but it might work for us”.
Crypto is a easy grift because people love the idea of free money for doing nothing.