The $5 Million Trap: How Venture Capitalists Are Making Ponzi Schemes Look Legitimate
A new investigation reveals that Universe Pro, a crypto investment project with $5 million in VC funding, appears to be a Ponzi scheme. The real story? Venture capitalists are not just failing to catch these scams—their backing is the very thing that makes them credible to retail investors. This is a wake-up call to stop trusting ‘smart money’ as a seal of approval.