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Public Shell Firms Go All-In on Altcoins—And the Market Isn’t Buying It: FT

Public Shell Firms Go All-In on Altcoins—And the Market Isn’t Buying It: FT

Author:
Coindesk
Published:
2025-07-25 11:34:05
8
2

Public Shell Firms Ramping Up Altcoin Buys Draws Skepticism: FT

Shell companies diving headfirst into altcoin mania? Color the crypto community skeptical.


Opaque Moves, Transparent Doubts

When little-known firms suddenly pile into volatile altcoins, even degenerate traders raise eyebrows. The Financial Times spots a trend—but not necessarily a smart one.


Pump Without the Proof

No fundamentals. No track records. Just shell entities loading up on speculative tokens like they’ve got inside info—or a death wish. Classic ‘greater fool’ theory at work.


Wall Street’s Oldest Trick, Crypto’s Newest Trend

Remember when empty corporate husks were just for tax evasion? Now they’re your exit liquidity. How… innovative.

|Square

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