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© 2022 AFPCrypto lending world sways under risk and turmoil
By Thomas URBAIN NEW YORK©2024 GPlusMedia Inc.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2022 AFP
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Mr Kipling
What is that old adage....
If something looks too good to be true.......
virusrex
Crypto was always promoted as high risk high returns type of investment, so as the article says the companies dealing with this trade should have prepared for the inevitable dip. The problem is that crypto was also promoted as unregulated, so apparently nobody was going to be forced to put some security measures that would have also limited the losses.
GBR48
I don't think our taxes should be spent 'protecting' people who are able and willing to hand over sacks of cash but incapable of due diligence. Instead spend the cash protecting people who don't have enough cash to buy food.
Not that the 'protection' would amount to much. Every week there is news of people having lost their cash to some sort of dodgy investment scheme, all supposedly watched over by government regulators.