604
Donut Lab's miracle battery found to be a fraud, investigation claims
(interestingengineering.com)
this post was submitted on 09 Jun 2026
604 points (99.7% liked)
Technology
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Except they’ve misled investors, and that will get them into deep shit.
Because fuck consumers
Mislead consumers, FTC sleeps
Mislead investors…
That's why ~Everything is Securities Fraud~
What FTC lmao, they're a Finnish company registered in Estonia. Billionaires don't get fast tracked court cases here. They'll move to some other country long before anything happens.
My mistake. I forgot other countries exist.
But yeah I dropped that key point I guess between finishing the article and commenting.
Wouldn’t those countries have more strict regulations than the US? Maybe Finland more than Estonia?
Courts move at snails pace usually. Years for such a thing in Estonia at least. Have to prove fraud and all that.
For debts it's possible to accelerate things, but the key here is that Donut Labs is the debtor, not Mark. He himself will only be liable when fraud is proven.
You only get in trouble if you mislead rich investors.
If you mislead poor investors, then that's just business and they should have known better.
Ftfy
Also they just need to make a little donation and I'm sure they will be pardoned.
Pardoned by whom? We don't have presidential pardons in the countries they're operating out of.