Chainalysis consumer losses in 2022 were estimated to exceed $1.3 billion. Thousands of consumers lost millions, The Guardian reported.

These two statements are problematic. If thousands (plural) lost millions (plural), the smallest number of consumers would be 2000 and the smallest amount of money be 2000000. This means, at a minimum, consumers would have lost at least 4000000000 (4bil is 2000 2mils). If thousands lost millions, we can say total losses exceed 1.3bil. If total losses exceed 1.3bil, we cannot necessarily say thousands lost millions as, at most, that figure supports 650 people losing a maximum of 2mil.

This is delightful. The whole thing is worth a read, but I want to leave this here.

In 2022, a writer… attempted to raise a red flag, noting that all three of the celebrities (Wozniak, Chuck Norris, and Lance Bass) who endorsed Reece Lewis declined to confirm ever knowing him

I have to admit, I kind of admire the ballsiness of this scam. It’s a mish mash of Madoff, crypto grifters and holo live in an unholy pursuit of insane wealth.

Maybe he’s just from Canada?