38: Scam Bankrupt-Fraud: The Death of FTX (w/ Ed Zitron)
Scam Economy14 Nov 2022

38: Scam Bankrupt-Fraud: The Death of FTX (w/ Ed Zitron)

Ed Zitron joins Scam Economy with Matt Binder to discuss one of the craziest weeks in crypto. FTX goes bankrupt, billions gone, hundreds of millions possibly hacked and/or stolen. Matt and Ed discuss all the details, breaking down the timeline of events, how there have long been questions about the liquidity of FTX and Alameda Research, the media fawning over founder Sam Bankman-Fried, how the entire operation was run by 10 roommates with on-again-off-again personal relationships, and much much much more. Ed's newsletter on FTX: https://ez.substack.com/p/sam-bankrun-fraud Article's mention in the episode: FTX Hacked: https://www.coindesk.com/business/2022/11/12/ftx-crypto-wallets-see-mysterious-late-night-outflows-totalling-more-than-380m/ SBF and Roomates: https://www.coindesk.com/business/2022/11/10/bankman-frieds-cabal-of-roommates-in-the-bahamas-ran-his-crypto-empire-and-dated-other-employees-have-lots-of-questions/ Reuters texts with SBF: https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/ CNBC on SBF: https://www.youtube.com/watch?v=uGZrZq6z-Ig Mike Burgersberg's Alameda story: https://dirtybubblemedia.substack.com/p/is-alameda-research-insolvent CoinDesk's Alameda story: https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/ Visit ScamEconomy.com Support the show: http://www.patreon.com/mattbinder

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36: Inside Yuga Labs: Bored Ape Yacht Club Behind-the-Scenes (w/ Yasmin Gagne and Connie Lin)

36: Inside Yuga Labs: Bored Ape Yacht Club Behind-the-Scenes (w/ Yasmin Gagne and Connie Lin)

Fast Company's Yasmin Gagne & Connie Lin join Scam Economy to discuss their latest piece: a sit-down with Yuga Labs to discuss the history of how the Bored Ape Yacht Club came to be. Yaz and Connie sh...

31 Okt 20222h 5min

35: Crypto is the Future...Just Like Google Glass (w/ Quinn Myers)

35: Crypto is the Future...Just Like Google Glass (w/ Quinn Myers)

Quinn Myers, freelance writer and author of the new book Remember the Internet: Google Glass joins the show to discuss Google's new partnership with Coinbase to accept crypto payments for Google Cloud...

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34: RIP CNN's NFT Vault But Media's Terrible Crypto Coverage Lives On (w/ Parker Molloy)

34: RIP CNN's NFT Vault But Media's Terrible Crypto Coverage Lives On (w/ Parker Molloy)

Parker Molloy of The Present Age newsletter joins Scam Economy with Matt Binder to discuss the death of CNN's little known NFT project, the CNN Vault. Parker and Matt take a look at how bizarre it was...

14 Okt 20221h 5min

33: Who'll Stop Celebrities From Unlawfully Shilling Shady Crypto & NFTs to Their Fans? (w/ Bonnie Patten)

33: Who'll Stop Celebrities From Unlawfully Shilling Shady Crypto & NFTs to Their Fans? (w/ Bonnie Patten)

Bonnie Patten, executive director of Truth In Advertising (TINA), joins Scam Economy with Matt Binder to discuss the scourge of celebrity crypto and NFT endorsements. We discuss Kim Kardashian getting...

7 Okt 202255min

32: GiveCrypto and the Real Goal of "Crypto Charity" (w/ Leo Schwartz)

32: GiveCrypto and the Real Goal of "Crypto Charity" (w/ Leo Schwartz)

Leo Schwartz, reporter at Fortune, joins Scam Economy with Matt Binder to discuss his report on GiveCrypto, a crypto charity set up by the crypto exchange Coinbase, the broader realm of crypto philant...

29 Sep 20221h 4min

31: One Year of Bukele's Bitcoin Law: Chaos in El Salvador (w/ Domingo Flores)

31: One Year of Bukele's Bitcoin Law: Chaos in El Salvador (w/ Domingo Flores)

This month marks the one year anniversary of El Salvador's historic Bitcoin Law, cementing the Central American country the very first country to mark the cryptocurrency as legal tender. So, how's it ...

24 Sep 20221h 16min

30: The Ethereum Merge is Here. What It Means, Who's Getting Rich & Why It Won't Be You (w/ Bennett Tomlin)

30: The Ethereum Merge is Here. What It Means, Who's Getting Rich & Why It Won't Be You (w/ Bennett Tomlin)

It's finally here...Ethereum Merge Day. Bennett Tomlin of Crypto Critics Corner and Protos.com joins Scam Economy with Matt Binder to break down exactly what the Ethereum Merge is, why the crypto worl...

15 Sep 20221h 13min

29: Binance and the Mystery of Who is Guangying Chen? (w/ Jacob Silverman)

29: Binance and the Mystery of Who is Guangying Chen? (w/ Jacob Silverman)

Journalist Jacob Silverman joins Scam Economy with Matt Binder to discuss one of the biggest mysteries surrounding the world's largest cryptocurrency exchange...who is Guangying Chen? Silverman breaks...

9 Sep 202249min

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