So: does saying up front "this is a Ponzi scheme" actually make it legal to run a Ponzi scheme
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Replying to @qntm
I guess you can’t defraud investors if you tell them up-front what the scheme is...
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Replying to @erikrjoh
It depends whether the intent of the law is to stop people from being deceived or to stop them from being exploited
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Replying to @qntm
If it was to stop people from being exploited, we would shut down casinos too, right? I mean, if our laws had any consistency.
1 reply 0 retweets 3 likes
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