Crypto Turns Out To Be Nothing But A Massive Pump And Dump Scheme Fueled By Widespread Manipulation
We have finally reached the long-predicted "Crypto Winter" where a number of major crypto companies such as Celsius Network, Voyager Digital and Zipmex have filed for bankruptcy protection, major crypto funds such as Three Arrows Capital have failed, and the price of all cryptos has fallen dramatically. To folks who remember the 2000 "dot.com" crash, this probably seems all too familiar. One day, crypto is the next big thing promising unlimited riches; the next, crypto seems like a bottomless pit of failures and the life savings of hundreds of thousands suddenly wiped out. May we then take this moment to reflect objectively, without all the hype of the next super-valuable token, on the crypto sector.