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Dave Portnoy & Jack Mallers discuss how the FTX Ponzi Worked

Posted on November 30, 2022

Dave Portnoy & Jack Mallers discuss how the FTX Ponzi Worked

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Digital Currencies are a highly speculative investment. Digital Currencies are a relatively new asset with a limited and at times volatile track record. The exchanges are unregulated and certain ones have experienced service outages that have prevented them from executing trades for periods of time. Further, the regulatory framework governing Digital Currency is unsettled and constantly evolving, both in the United States and abroad. In Bitcoin Advizers’s opinion, Customer should only invest retirement funds in Digital Currency that Customer has reserved for highly speculative investments and that customer is willing to lose completely.

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