this post was submitted on 09 May 2025
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There's actually extremely strong logic behind publishing the winner. It's a whole hell of a lot harder to rig when your name is everywhere when you win.
This also sounds like a uniquely US problem. Not that there aren't scammers everywhere, but it feels like it would be more prevalent in the US.
.... That's an absolute wild and hella nationalistic take. There's nothing even slightly uniquely Americans about embezzlement and theft-- Europe has been doing that for thousands of years before America even existed
I did acknowledge that it's not exclusive to the US. And I didn't say "it is", I said "it feels like".
FTX, Theranos, Fyre Festival, Enron, Bernie Madoff, Logan Paul's CrytoZoo, Charles Ponzi (the OG Ponzi scammer), etc.
While scams exist everywhere, the US seems specially suited to embolden people to run scams. At least high profile ones.