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Vinny Lingham, co-founder, chairman and CEO at Civic, commented on the unusual situation in the cryptocurrency space.
He referenced a court decision about an individual confirmed not to be Satoshi, who released a prediction thread about another person aiming to surpass Satoshi's BTC holdings. Lingham added that it would be even more surprising if such a scenario comes to pass.
Lingham has previously highlighted concerns over investor protection in the digital asset space. He noted that retirees lost money after the Strategy STRC advert promised safety and 11.5% returns. In a separate warning, Lingham said AI ads had misled retirees about STRC’s 11.5% yield offering.