What exactly was Yotta doing with people's money? Right now they are basically a gambling platform. But from my understanding they were a no lose lottery. But exactly what was going on in that compan - eviltoast

company?

I mean how did it work?

  • Alex@lemmy.ml
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    5 months ago

    So similar to premium bonds? Usually those are government backed though.

    • dhork@lemmy.world
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      5 months ago

      Yes, similar to government-backed premium bonds, in the countries where they do stuff like that. But they are not run by the government, so they need to be called something else.