QTR’s Fringe Finance

QTR’s Fringe Finance

The "Magic Ponzi Business" Of Crypto Yield Farming Hasn't Even Begun To Blow Up Yet

I was stunned this past weekend when a friend of mine shot me an interview with FTX CEO and crypto billionaire Sam Bankman-Fried that I had never seen before.

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Quoth the Raven
Jul 14, 2022
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I was stunned this past weekend when a friend of mine sent me an interview with FTX CEO and crypto billionaire Sam Bankman-Fried that I had never seen before. In the interview, Sam, who I recently noted knows more about the inner bowels of the defi/crypto space than anybody, basically came out and admitted that crypto lending was one giant Ponzi scheme.

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