Forsage founders indicted over $340M DeFi ‘Ponzi scheme’ - According to the Department of Justice, Forsage employed smart co... - https://cointelegraph.com/news/forsage-founders-indicted-over-340m-defi-ponzi-scheme #unregisteredsecurities #carolynwelshhans #pyramidscheme #nataliewight #indictment #grandjury #indicted #forsage #charged #ponzi #defi

@juglugs I'm getting sick of the #SEC closing businesses down. I was in #Forsage and also another company a few years ago run by #MattLloyd. I invested many thousands of dollars just for the SEC to swoop in a and close it all down. Reason: SEC called both models a "ponzi scheme". I think governments hate any business model that competes with them. The Federal Reserve is a ponzi scheme!