Don’t fall for the cryptocurrency hype, it’s a Ponzi scheme, says QUB expert
Finance lecturer and author slams ‘get rich quick’ attitude around digital money as accusations of fraud increase
Crypto company FTX collapsed last year following allegations of fraud against its founder. (Alamy/ PA)
A finance lecturer at Queen’s University has branded cryptocurrency a Ponzi scheme as he hit out at the “get rich quick” mentality associated with it.
Dr William Quinn specialises in financial ‘bubbles’, short selling, and manipulation of the markets.
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