Here how you prove the fraud:

The hard problem that needs to be solved in a Decentralized blockchain is the risk and effect of bad actors. None of the current funds, including that of MA, addresses this risk.

Instead, all current plays are about building Managed Blockchains that's just needless complexity where federated databases would have sufficed and been far more efficient (perf., cost, complexity)

There's a fine line between vision and orchestrated fraud. It's always been easier to commit fraud and once you're managing billions of other people's money, it's extremely hard to not take the easy path.

Bottomline: This is a pump and dump speculation play. HN is too smart to fall for it.