this post was submitted on 31 Jan 2025
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Buttcoin

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The forbes fail-cover continues the honoured tradition (lemmy.dbzer0.com)
submitted 17 hours ago by db0@lemmy.dbzer0.com to c/buttcoin@awful.systems
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Many of us are familiar with the Forbes cover mark-of-death

It looks like they are continuing the tradition of finding some of most obvious scams and charlatans and trying to boost them.

Fukken lol

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[–] Amoeba_Girl@awful.systems 18 points 15 hours ago

In 2000, Saylor was charged by the SEC with fraudulently reporting MicroStrategy's financial results for the preceding two years. He later reached a settlement with the SEC for $350,000 in penalties and $8.3 million in personal disgorgement.

Saylor is a bitcoin advocate and under Saylor MicroStrategy has spent billions of dollars to purchase over 400,000 bitcoins. In 2024, he paid a $40 million fine to settle a tax fraud suit.

truly groundbreaking stuff