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[return to "YC W22 Stablegains is being sued for losing $42M in funds from 4878 customers"]
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1. dmitry+A3[view] [source] 2022-05-19 06:43:32
>>donsup+(OP)
YC invested in what was clearly an outright fraud? Or did they pivot do hard that nobody noticed?
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2. devout+94[view] [source] 2022-05-19 06:48:53
>>dmitry+A3
A poor decision does not equal fraud.
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3. Khoth+fb[view] [source] 2022-05-19 07:56:16
>>devout+94
It does when the poor decision is to run a ponzi scheme

e: ah, only acting as the middlemen between the end user and a ponzi scheme. Probably that'll give them and their VC backers enough plausible deniability to avoid being arrested.

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