Is This a Ponzi Scheme?

This is a relatively straightforward, go straight to jail kind of story. It's actually a lot simpler than in a funny way than the Celsius or the Terreluna blowouts because there they would see this kind of quite elaborate theory as to what was going on. The Silicon Valley people kind of raise an eyebrow that's a core put 150 million to this thing without taking a board seat. Although those same Silicon Valley people would probably have done the same if they could have got into it and they were now kind of jealous of a Sequoia or no, they're not. This was a collapse of centralized institution, not a crypto institution.