- Joined
- Feb 23, 2026
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- 177
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- 28
https://www.businesstimes.com.sg/international/asean/indonesias-efishery-founder-faces-10-years-jail
Same modus operandi just like Sam Bankman-Fried and FTX and others.
Investor instructs painter to do a meaningless painting that's worth nothing.
Investor 'buys' painting for $1 million; painter returns $999,999 to the investor.
The painting is now officially worth $1 million and is hyped up to jack up it's value even more.
Investor sells the painting at auction to a gullible fool for $100 million. Investor pockets a cool $100 million from a worthless painting that's worth zero dollars.
*LMAO*
Same modus operandi just like Sam Bankman-Fried and FTX and others.
Investor instructs painter to do a meaningless painting that's worth nothing.
Investor 'buys' painting for $1 million; painter returns $999,999 to the investor.
The painting is now officially worth $1 million and is hyped up to jack up it's value even more.
Investor sells the painting at auction to a gullible fool for $100 million. Investor pockets a cool $100 million from a worthless painting that's worth zero dollars.
*LMAO*