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[return to "YC W22 Stablegains is being sued for losing $42M in funds from 4878 customers"]
1. m00dy+Z5[view] [source] 2022-05-19 07:07:30
>>donsup+(OP)
If someone is promising a high yield above the market rates, just ask where this yield comes from
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2. antist+H7[view] [source] 2022-05-19 07:22:05
>>m00dy+Z5
Usually it's the risk premium. Which makes sense for these ponzi schemes.

Exorbitant returns - extremely high probability of ending up at the bottom of the pyramid.

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3. MrMan+Zs[view] [source] 2022-05-19 11:15:03
>>antist+H7
risk premium arises from supply and demand in markets typically with some kind of quoting system. free money out of nowhere isnt really "risk premium" in that sense.
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