Elon needs to buy HN and open source the algorithm! /s
Your comment makes me think you might be under a misimpression of how HN moderation works, so here's a refresher.
We moderate HN less, not more, when YC or a YC startup is the story. That doesn't mean we don't moderate at all (though in the case of this particular thread, we literally did not moderate it at all—any perception that made it seem that we did was completely mistaken). This is literally the #1 rule of HN moderation. It's the first thing that PG drilled into me when he trained me to do this job years ago. I hadn't even had a chance to grab a chair yet.
https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...
The reason we have this rule is that the good will of the community is literally the only value HN has, and that is not worth risking.
This is a story about a company 1) in the crypto space, that 2) lost all of it's users money, and 3) used misleading disclaimers (and potentially trying to change them after the fact)
It has already devolved in multiple threads to discussion about what is-and-is-not technically a ponzi scheme (vs other forms of scams/fraud).
This whole thing is a recipe for a giant flame war.
The risks seem really obvious after everything falls through but there are plenty of other companies that are "obvious scams" who happen to have made it by luck/skill/investment.
The risks are obvious the second you see that they offer 15% yield, which is roughly DOUBLE the current yield of the average junk bond, and about QUADRUPLE the yield at the time YC closed.