wowzer · 2023-04-09 00:03
a 42 yr old career con-artist has been and is actively stealing from thousands of investors in the cryptocurrency market. he leads the largest "community-driven" project in the space which shall remain unnamed, but is easily found. my smol brain is thinking to send food or smash his box, but what other options should be considered to make a clear point (besides filing a police report)? the goal is to inform him there are real world consequences for criminal theft even if done from behind a computer screen. he also has an affinity for horses. pls share your thoughts.
Motoko Kusanagi · 2023-04-09 02:01
>>35517
>what other options should be considered
Realize there is no action you can take to decrease the rate of idiots getting punked in crypto and move on. I have worked on crypto projects, for my part tried to conduct affairs as honestly as I could, but no matter what you do it always goes the same way. People start realizing they lost and they go through the stages of grief. One of those stages is anger, some would find ways to imagine their losses are my fault or that of my business partners, something I did or didn't do led to their losses, and make various threats. These of course don't materialize. They are just venting and processing their loss. I didn't feel scared or chastised, just a little bit sad for the people making them, and regretful at the impossibility of making them all richer and solving their problems. Think about how many absolutely blatant scams have occurred and how little vigilante action followed them. After soykaf went down and it was questionable he'd even be arrested, SBF for example was seen casually going out by himself and buying snacks etc, nobody tried anything.
None of this is to say it's alright to scam people, but consider the basic nature of cryptocurrency investing: a zero sum game where smarter, more ruthless, experienced and better capitalized people extract money from naive hopefuls. This tends to be the case whether fraud is happening or not. The longer you're around crypto, the more you start to see that the people not acting on this dynamic intentionally get punished, and those who do get rewarded. So I quit. No good could be done. Even if you actually did scare this guy straight somehow (implausible), it remains the same bloodsport with the same overall balance of winners and losers. Practically all you can do within the space is become more savvy yourself.
Zhora · 2023-04-11 20:43
>>35517
>police report
If you're going to snitch, you'd contact the FTC (if he or many of his targets are Americans, otherwise the equivalent agency in his country). Calling your local police won't do anything.
If you really know of a major community-driven project that is defrauding thousands of people, name the project and provide proof. Petty vandalism isn't going to mean deter someone getting rich defrauding others. The best you can do is make it so that anyone who googles his name sees proof he's a scam artist.
Lain Iwakura · 2023-04-12 03:37
>>35517
>but what other options should be considered to make a clear point (besides filing a police report)? the goal is to inform him there are real world consequences for criminal theft
If you're a victim then your goal should be to get back your stolen money + compensation. If you're not a victim then it's none of your business. For all you know it's not a scam and the investors know something you don't.