Crypto Wars
Faked Deaths, Missing Billions and Industry Disruption
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After Bitcoin’s advent, people conjured countless cryptocurrencies, which at their peak carried a value of more than $1 trillion. But scant regulation has led to scams and Ponzi schemes that have cost investors billions. Crypto expert Erica Stanford offers an enlightening look at some of these major frauds and scandals. Yet she’s not anti-crypto: Stanford believes blockchain and the cryptocurrencies it enables are transformative technologies that will live long after the scams and swindles, helping those otherwise excluded from the financial system.
Take-Aways
About the Author
Erica Stanford is the founder of the United Kingdom’s top-rated crypto networking and events organization, the Crypto Curry Club, and she is a guest lecturer on the subject of cryptocurrencies at Warwick Business School.
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