Published On: Mon, Apr 9th, 2018

Junseth’s World Episode 31: African American Panther

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George Soros is in bitcoin, Dante’s in Bitcorn Crops and Hal Finney’s in cryostasis — all digital asset prices are rising and falling in sync and all’s well in the world. Unless, that is, you’re Sergey Mavrodi — the legendary Ponzi operator who not only founded the MMM investment scam, but did it in 1980s Soviet Russia. Junseth’s World this week brings us the poignant news that a heart attack had finally achieved what financial regulators never could, putting Mavrodi out of business for good.
Also see: Junseth’s World Episode 30: Haitian Dirt Cookies
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When All You Have Is a Head, You Need a Brain Wallet
Mavrodi’s long-running MMM may or may not have driven the BTC price up in the late twenty-teens. However it’s notable to the three hosts of Junseth’s World thanks to its founder’s open admission that MMM was a pyramid scheme, to which people voluntarily donated. As scam-ridden as the crypto world can be, few of its denizens are so …

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