this post was submitted on 09 May 2025
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this reminds me of the advice for people who win the lottery
make an anonymous LLC company to accept your win, so you can stay incognito
pay a lawyer and an accountant so you can continue to stay incognito and only tell your trusted friends and family about your good fortune
so crazy assholes don't come for you or them
I guess this now applies to making it big in crypto money
NOPE. Do not tell your family and friends. Everyone should read this, just in case. Besides, it's fascinating.
https://www.reddit.com/r/AskReddit/comments/24vo34/comment/chb38xf/
Yeah that’s probably the single most useful comment in reddit history
Isn't it only useful to a handful of people?
It's one of those things you save just in case. Like a first aid kit or a self defence weapon.
Maybe, but don't overestimate how useful they are in general.
That some messed up US thing i never understood. Here in germany you are anonymous by default when you win. at most it is published from what state the winner was.
That someone's name and even address is published is so completely unimaginably absurd to me. makes no sense whatsoever.
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.
The charismatic snake oil salesman is an American icon.
I mean, the entire US government is currently being used for scamming.
Fiduciary and accountant. Though the accountant may be redundant there. Fiduciaries are a specific type of lawyer/ financial advisor that is required to look out for your best interests, not theirs.