Dude was running Ponzi scheme. Multiple business. Using the massive free loan(grants from suckas to grow his business). Part of his crypto flopped and he fell on his face hard. Doesn’t take a genius to see the business model with all the red flagging displaying outside
60% of this statement is hearsay based on assumptions that have been raised over the last 24 hrs. Show me one post prior to yesterday about how the delays were related to hi crypto loses etc.
I will give you the massive free loan because that's been a long standing argument, but free loan or not for many people he did ship. So the loan in some cases was worth the wait.
For arguments sake prior to yesterday Zadeh made a good number of resellers (big and small) a sizeable amount of money. Markets are terrible right now (on the crypto and stock side), maybe dudes could've got their hustle on and done something else but this was also working and had solid returns until fairly recent (I do not resell shoes by the way).
Using your same logic. I hope you're teaching your kids not to be gullible and reckless with their money like pops. Would literally disown my dad if he came home in told me that he got caught up in a Ponzi scheme that he KNEW was a Ponzi scheme.
1/2 the people calling this a Ponzi didn't know it was a Ponzi or infer to it as a Ponzi until yesterday.
Secondly, a lot of ppl lose on Ponzi's but there are also people that win. Amway has damn near a small town in MI of "representatives". ACN has thousands of members, and there are plenty of other Ponzi's people are involved in.
I'm hoping your dad doesn't invest in crypto or any NFTs or you will be fatherless in no time.
some of these cats still on stage 1 n can’t even read
How much u down. Hit up
misha
and
TexasDillo
. They get In touch with zadeh and get you squared
#Trusttheprocess

Answering this in advance cause I know this will be the first question asked.
2k all within the 180 day rule

. So I personally lose nothin.
The fact that a lot of people who never met this guy invested thousands of dollars in his business baffles me.
Isn't that essentially any business though? I've spent thousands on Polo never met Ralph, spent thousands on Jordans, never met Mike. I just recently spent thousands on some plane tickets and I don't even know the pilot

.
He provided a service, consumers agreed to the terms as long as they got their product and it was "authentic" (which has yet to be proven otherwise, outside of stories of friends of friends who might've had a bad experience, who never brought this to light before TODAY).
It's weird to see people connect dots like
"Nike got 4 fakes from SX and pressed them about the sellers" (which I don't even think SX could release legally).
"Then Nike did more forensic science and found out that despite there being literally thousands of sellers on SX all 4 of these shoes came from Zadeh. Now they ran into his crib in oregan and the Ponzi/ counterfeiting jig is up"