On November 20, 2025, trading algorithms identified what may become the largest accounting fraud in technology history—not in months or years, but in 18 hours.
Looks more and more like a vulgar Ponzi scheme. Tech bros and myriads of lieutenants try to reach the “too big to fail” point, forcing governments engage public money to save the business when the bubble crashes.
Brilliant.
Looks more and more like a vulgar Ponzi scheme. Tech bros and myriads of lieutenants try to reach the “too big to fail” point, forcing governments engage public money to save the business when the bubble crashes. Brilliant.