Crypto Grifter Network Shafted Grifter Looking For Better Grift
A Series on Misinformation, Disinformation and Subterfuge
The Rocco Castoro network is something else. It’s leader who was banned on Twitter ten days ago, yet able to evade the ban on his primary account has been running Ops for quite some time.
Here he was recently bemoaning the fact he wasn’t trustworthy enough to land a soft gig with the Kraken Crypto grift where people send the grifter THEIR money and rarely does that money ever get given back.
Yes it IS a small world!
Let’s be honest about how Crypto was and still is a grift.
A small group of individuals, sometimes just a single person controls 40-80% of the tokens, with the object being to pull out all tokens before the banker cashes out and ends the game. That was what Rocco wanted to be, the banker with all the other dupes putting in money he simply takes when the pot is full.
Yep, it’s that simple.
These kinds of gambling games posed as investments have been around for quite some time. Here above is one of the biggest grifts of all time, the Honus Wagner baseball card, where one man in the San Fransisco area amassed most of the cards known, sold the cards repeatedly in a circular manner amongst friends, with each buy-sell driving up the value higher and higher and higher, yet artificially.
My best friend at the time this was going on operated a major collectible card and comics shop in Idaho, who like me has a keen memory for details. When one Wagner came up, he jumped giving the full offer asked at time of posting, only to be told it was sold. Curious he tracked the receipts, which is how I know that one man managed to get roughly a third of these obscure and otherwise forgettable curiosity, and ran up the price stratospherically.
The guy self-promoted himself as an expert, like our dear sweet Rothschild Mike did, and got himself on TV telling how limited the number of these cards were, which as his story was retold over and over plummeted from something like 200 in circulation, down to 20 remaining.
So how much is the card now worth are this?
Yeah.
This particular grift kept seeing prices jacked up because the stories, a documentary, and a number of other contributing factors like a certain scandal that made this the most pricey baseball card despite not really deserving to be so. Even the altered card cut to sharpen the corners “added” value. Go figure.
Here are some more of those headlines.
In the end though, anything is only worth what people are willing to pay for it, which is why so many people thinking they can trust Crypto, or former fired VICE News Editors with having correct information, end up getting burned in the deal.