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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKrugman reacts after crypto co-founder
Says the losses should be paid back.
Link to tweet
?s=21&t=480CVY8_UEP_5lWcK2JOsg
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Krugman reacts after crypto co-founder (Original Post)
BootinUp
May 2022
OP
I demand the FDIC pay me back for the first $250,000 of gambling losses I incurred.
NightWatcher
May 2022
#3
Hugh_Lebowski
(33,643 posts)1. Nash's comment is epic. And NFW is that payback going to happen lol ...
*EDITED* as I misread the first time.
bucolic_frolic
(52,787 posts)2. What's that? Crypto was a safe and secure bubble?
NightWatcher
(39,370 posts)3. I demand the FDIC pay me back for the first $250,000 of gambling losses I incurred.
Lochloosa
(16,598 posts)4. Now that would be sweet.
PatSeg
(51,125 posts)8. Ha, ha, ha!!!

Bluethroughu
(7,215 posts)5. IF it wasn't money from an FDIC bank or credit union...it's not covered.
My monopoly game money is not covered either.
Eugene
(66,481 posts)6. The idea was for Terra Labs to do right by its smallholders. A too late appeal to honor.
https://finance.yahoo.com/news/ethereum-co-founder-says-every-215033542.html
A forum post suggested the Do Kwan could restore confidence in the Terra ecosystem by making the smallest investors whole using Terra Labs' remaining reserves. The New Deal rescue of the banks would serve as a model. However, those reserves are now depleted.
Unfortunately, Terra Labs is an unlicensed company that operated in defiance of the SEC and other regulators. Asking crypto scofflaws to do the honorable thing may be too much to ask.
A forum post suggested the Do Kwan could restore confidence in the Terra ecosystem by making the smallest investors whole using Terra Labs' remaining reserves. The New Deal rescue of the banks would serve as a model. However, those reserves are now depleted.
Unfortunately, Terra Labs is an unlicensed company that operated in defiance of the SEC and other regulators. Asking crypto scofflaws to do the honorable thing may be too much to ask.
dalton99a
(90,745 posts)7. Kick
XanaDUer2
(15,767 posts)9. Cool!
I want a return on my stock losses