John Reed Stark Slams Crypto Industry, Calls it ‘Multi-faceted Grift’

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John Reed Stark, the ex-Chief of the SEC Office of Internet Enforcement, addressed the crypto community with his ideas about the “crypto-Ponzi” schemes. Stark stated, “I believe the design language of the crypto-Ponzi scheme is a multi-faceted grift, comprised of a wide range of falsehoods, all calculated to dupe consumers/investors.”

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