I am sorry, but Gavin is talking about cloud mining. AM never did any cloud mining.
So I am still waiting for you to explain where is the AM ponzi...
As for those ones that purchased shares after IPO well they weren't scammed because nobody forced them to do it and AM never promised anything to them. Their only commitment was for the IPO shareholders and they have exceeded it by far.
For me AM was
dead or bankrupt since ~August or when the dividends stopped. The TL;DR would be that they lost at the mining game. They continued to operate for a longer time than HF did when it started to bleed money and they did it with minimal costs trying to resurrect the company somehow, which I didn't see HF doing. AM managed to get a sample chip and they successfully tested it. In comparison HF did the exact opposite thing! If AM really wanted to pull a scam they could've somehow tried to raise some pre-order money for their next gen chip since they've already confirmed the design by testing the chip.
AM never took pre-order money for something that they could not deliver like HF did for 3 batches of customers!
PLEASE EXPLAIN AM PONZI! It is clearly that you are lying in everything that you say. This is just another proof of your constant lies. Thank you for making it so easy for people to see that you are so full of shit!