Chris Skinner Says Crypto Is Not the Scam, Fraudsters Are

Chris Skinner argues that cryptocurrency should not be treated as a scam simply because fraudsters use it. In a September 2026 essay, the finance commentator separates losses on risky assets from deception, saying the person who misuses an asset, rather than the asset itself, is responsible for fraud. Skinner’s central distinction is between an investment that loses value and a scheme built to steal. If Bitcoin falls from $100,000 to $50,000, he writes, an investor has lost money but has not necessarily been scammed.

Source: BlockTelegraph