From South Sea to FTX: Modern Economic Fraud Barely Changed in 300 Years

The latest major financial swindle to be uncovered has shaken up the crypto world. But how is it possible it has so many similarities to the frauds of years past?

We are often told that if we do not learn from our history we are doomed to repeat. If this is truly the case then apparently humans are screwed, as over 300 years of lessons have failed to teach us anything in the realm of financial fraud. The last few weeks have been a whirlwind of revelations and disappointment that crypto company FTX had managed to …