[ilyt]

Lower ridicule by like 20% and you could sell that to investors year or two ago

[readthenotes1]

pretty sure someone did. They were tracking their coins in an MS Access database or something like that, and when they needed to mine more, it just meant adding some more rows in the database

[maxbond]

I think you're thinking of a satire by Matt Levine, recurring in several issues of Money Stuff.

[acjohnson55]

Or OneCoin

https://en.m.wikipedia.org/wiki/OneCoin

There's a nice podcast about the scam and the ongoing search for its key promoter: https://www.bbc.co.uk/sounds/brand/p07nkd84

[readthenotes1]

Only if satire can send you to jail for fraud

[maxbond]

I suppose we're thinking of different things then, and life and art are immitating each other. My mistake.