Last fall I was horrified to hear from a Roosevelt Network alum and Detroit public servant about the fight Detroit is putting up against RealToken to protect its tenants from crypto-fueled greed. Now @wsj.com has investigated the full scope of the harm.
Today, @wsj.com released its months-long investigation into RealToken, a private-equity crypto business that has put tenants in Detroit through hell—selling fractional ownership to foreign investors and collecting rent but failing to maintain properties.