I want to be a counterpoint to this. Ariel Simnegar and I made AltX, which, while we shut down, I think it’s hard to say did anything ethically questionable apart from merely trading crypto. We didn’t do any scams, no pump and dumps, no nothing. We didn’t make crazy amounts of money but we made a decent amount of money for our investors and ultimately decided to shut down since it seemed we would have trouble raising enough money and scaling our arbitrage strategies to make the effort worthwhile. All investments and profits were returned to investors without issue and I continue to have a good relationship with our investors.
I want to be a counterpoint to this. Ariel Simnegar and I made AltX, which, while we shut down, I think it’s hard to say did anything ethically questionable apart from merely trading crypto. We didn’t do any scams, no pump and dumps, no nothing. We didn’t make crazy amounts of money but we made a decent amount of money for our investors and ultimately decided to shut down since it seemed we would have trouble raising enough money and scaling our arbitrage strategies to make the effort worthwhile. All investments and profits were returned to investors without issue and I continue to have a good relationship with our investors.