Start-Ups Pursue ‘Free Money’ with Relief Funds, Prompting Backlash

>AltMarket, a Los Angeles start-up that released a cryptocurrency honoring the late Wu Tang Clan rapper O.D.B., received a federal loan on April 14, its chief executive, Bryce Weiner, said. He said his company, which has worked with financial regulators in the past, was better equipped to sort through the loan application than, say, a restaurant owner. He added that he had worked closely with his lawyer for a week, contacting banks and loan providers.

I'm wondering what kind of mental gymnastics you have to pull to justify taking relief money as a cryptocurrency exchange. This is one of many canaries dying.

Also the VC's love more free money for their companies.