Software company Palantirfounder of Joe Lonsdaleclaimed that most crypto projects would collapse in a ponzi scheme-style bankruptcy.
CryptoWorrying market movements created by bankruptcy processes in the industry continue. bitcoin While trying to enter the recovery process, other crypto money projects are also working on restructuring. Crypto projects that hide behind the bear market spend a lot of time on development and startups. Although the market showed signs of recovery, the damage caused by bad actors created an unsafe environment. Although investors do not lose their faith in technology, they do not believe that cryptocurrencies will not go bankrupt. referring to these PalantirThe founder stated that new bankruptcies could come.
Palantir Founder Claims Crypto Bankruptcies Will Continue
Fox Newsconducted an interview in Palantirfounder Joe Lonsdale claimed that most projects in the crypto industry are ponzi. However, Lonsdale said that despite the negative weather, the crypto industry will continue to exist in the future.
Lonsdale He stated that he thinks most things will collapse in terms of finance and economy. Various crypto lenders claimed that cryptocurrencies and other parts of the ecosystem are a pyramid scheme. Lonsdale, underlined that unregulated assets can always create danger.
