Part 2 of Untangling Digital Currency Group | We review claims of Grayscale misconduct, lack of accountability & conflicts of interest with parent company DCG
When I see these bitcoin "unregulated banks" promising 7% guaranteed interest or more, that should be a tipoff to anyone with knowledge of Finance 101 that it's a scam. If you're promising a guaranteed rate of return higher than the Treasury rate, it's impossible to do that legally.
Grayscale misconduct & conflicts of interest within Digital Currency Group
When I see these bitcoin "unregulated banks" promising 7% guaranteed interest or more, that should be a tipoff to anyone with knowledge of Finance 101 that it's a scam. If you're promising a guaranteed rate of return higher than the Treasury rate, it's impossible to do that legally.