Embed Notice

But the only real money ("#fiat" in cryptospeak) in the system was the hardscrabble retirement savings of working people, which the bubble's energetic inflaters swapped for illiquid, worthless #shitcoins.

We've stopped believing in the illusory billions. #SamBankmanFried is under house arrest. But the people who gave him money - and the nimbler Ponzi artists who evaded arrest - are looking for new scams to separate the marks from their money.

8/