• Alphane Moon@lemmy.world
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    1 day 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
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      1 day ago

      Axie Infinity

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