this post was submitted on 13 Jul 2026
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[–] deegeese@sopuli.xyz 19 points 2 weeks ago (1 children)

Borrowing against shares is the dump.

[–] anomnom@sh.itjust.works 2 points 2 weeks ago (1 children)

Have the lenders realized they’re never getting their money back or did the ipo cover it on paper?

[–] oyo@lemmy.zip 1 points 2 weeks ago

He buys the previous failed business with the current pump to hide the losses. It's shells stacked in a pyramid.