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by derivagral 1944 days ago
I don't have an answer, but I do have a question. If you funded some amount of crypto as the primary asset into a new company, and then convinced a SPAC to take you public... is that a net gain? We've seen already-public companies buy up crypto, but what about taking a private one public and skipping the "real" business part?
2 comments

If that's the case, it's similar to owning any kind of asset, such as cash & equivalents, marketable securities, real estate, etc.
How complex can we make the scam eh!