'O.C.' star and crypto critic Ben McKenzie tells lawmakers that the crypto market is the 'largest Ponzi scheme in history'

Dec 14 2022 by Business Insider

 
Actor and author Ben McKenzie Schenkkan testifies at a Senate Banking Committee hearing on December 14, 2022.

CNET via YouTube

The crypto market is the "largest Ponzi scheme in history," actor-turned-crypto critic Ben McKenzie said Wednesday.  McKenzie, who co-wrote a book about crypto, testified to the Senate Banking committee about the fall of FTX.  Million of Americans who have invested in cryptocurrency have been "sold a bill of goods," he said. 

The collapse of FTX highlights the harm...

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