In a June 5, 2021 interview with Lex Fridman, Ethereum co-founder Vitalik Buterin addressed the prevalence of scams in the cryptocurrency industry. He highlighted BitConnect as a "100% scam," describing it as a prime example of outright fraud. Buterin noted that such blatant scams are becoming less common as the industry matures.
Buterin also commented on Bitcoin SV (BSV), calling it an "80% scam." While acknowledging its technical functionality with 512MB blocks, he criticized founder Craig Wright as a "scammer" and described the project as a "money grab" with support from an "insane" community.
Vitalik Buterin Criticizes Crypto Scams, Labels BitConnect a '100% Scam'
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