The Bad "Bet"
Hacked15 Mai

The Bad "Bet"

Or the very good bet, depending on how you think about it. In this episode, we start by discussing the strange, fast-moving world of prediction markets — platforms where you can bet real money on whether a head of state gets removed from power, whether a country gets invaded, whether the Fed raises rates — and where the prices themselves are supposed to be the point, a real-time probability signal generated by the crowd. Then we get to the case that just blew a very large hole in that theory: a Polymarket account called "Burdensome-Mix" that turned $33,000 into $409,881 in about a week, betting on the removal of Venezuelan President Nicolás Maduro — and the active-duty Green Beret who allegedly made those trades while participating in the raid that made them pay out. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Episoder(151)

REvil Redux

REvil Redux

We return to one of the more interesting ransomware as a service stories of the last few years; the story of REvil and it's recently (allegedly) named operator. Also the big mythical thing that happen...

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Birds of a Feather Panopticon Together

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Breaking the Chain of Custody

Breaking the Chain of Custody

We start this chatty chat looking at the legacy of EternalBlue, an NSA-developed cyberweapon that leaked in 2017 and powered global disasters like WannaCry, to explain a new mobile threat called "Coru...

16 Mar 1h 12min

The $5 Wrench Attack

The $5 Wrench Attack

In this chatty chat episode, we kick things off with a primer on one of the oldest methods of stealing money—made new again in the age of crypto: the $5 wrench attack. It’s a simple tactic, but it has...

2 Mar 1h 24min

=Coffee

=Coffee

A lot of modern AI models have a kind of security guard layer that sits in front of them. Its job? A binary choice as to whether the prompt heading into the model is safe or not. Kasimir Schulz, a lea...

16 Feb 55min

The Protege — "Possibly the Worst Intelligence Disaster in U.S. History"

The Protege — "Possibly the Worst Intelligence Disaster in U.S. History"

Two FBI agents. One room. One of them is the most damaging spy in U.S. history. Robert Hanssen told a lot of lies — including a really weird one about booking the Beach Boys for the FBI. That lie did...

2 Feb 53min

The Charizard Charade

The Charizard Charade

Pokémon cards became a billion-dollar market—and then a massive fraud target. This episode follows the rise of ultra-rare Pokémon prototypes, the grading systems meant to protect collectors, and the a...

16 Jan 1h 24min

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