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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.
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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.