[Vantage Point] PROCAP: How a scam came to look legitimate
A look at how an apparently well-organized, cross-border operation combined gaming, cryptocurrency, referral networks, purported insurance, technology, international events, prominent personalities, and genuine early payouts to manufacture credibility on an extraordinary scale
ProCap did not become believable by targeting only the gullible. It manufactured credibility so effectively that businessmen, academics, lawyers and even former justice secretary Vitaliano Aguirre II appeared persuaded that nothing was amiss. The mos... [7863 chars]
