Forsage: The Ethereum Smart Contract Ponzi

What if the thing that was supposed to remove trust from the system was the lie itself? Forsage arrived with that promise. It said code had replaced people, and that a smart contract could not cheat you. But that was the beginning of the trap.In the first years of DeFi’s public boom, Forsage came out looking like the future. It did not present itself as a company with offices, managers, and customer complaints. It presented itself as a smart contract on Ethereum. That mattered. In crypto, code can sound cleaner than a salesman. It can sound neutral. It can sound untouchable. And in early 2020, when the pandemic pushed more life online, that was exactly the kind of story people wanted to hear.Aurelius and Malik take on this case in full — 5 chapters, 32 minutes, one complete story.Learn more at: https://thefraudarchive.com/fraud/forsage The Fraud Archive Dialogues is part of The Archive Network by Jonkai Ventures. In every episode, curators Aurelius and Malik take one case of fraud, deception or financial crime and work through it together — one building the account, the other pressing on what it leaves out. The Archive Network is an independent project. Everything is free, with no ads and no paywalls. Support doesn't unlock anything; it simply keeps the work going: https://thearchivenetwork.com/support Explore this archive: https://thefraudarchive.com Discover more archives and stories: https://thearchivenetwork.com Hosted on Acast. See acast.com/privacy for more information.