• Alphane Moon@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    edit-2
    8 days ago

    I am not a lawyer, so I can’t make any claims about US law.

    If, as you claim, pyramid schemes / ponzi / pump and dumps are not legal in the US. , how is it that A16Z leadership wasn’t arrested for investing in Axie Infinity?

    A business model like Axie Infinity is mathematically impossible. The same cannot be said of government safety net systems.

    • tal@lemmy.today
      link
      fedilink
      English
      arrow-up
      0
      ·
      8 days ago

      Axie Infinity

      I’m not familiar with Axie Infinity, so I can’t tell you off-the-cuff.