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Episode 180: Untethered (Patreon)

Published:
2021-08-30 22:29:42
Edited:
2021-09-24 02:36:55
Imported:
2022-04

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Content

We examine the bizarre criminal history of one of the least stable tokens in the cryptoverse and quite possibly the largest Ponzi scheme ever: Tether. Featuring: Brock Pierce, the Colombian drug cartels, DaCryptoSnake, the Minnesota Vikings, a fake Dutchman, and more.

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Comments

Paul Brewer

‘Perfidious Dutch’? More like TrueXenophobAnon, amirite? Jan Ludovicus nowadays is going by Jean-Louis if the Bitfinex website is to be believed

Stephen Wells

Has anyone broke this news to Graham Elwood?

Anonymous

great episode, I’m dying for a deep true anon treatment of Maoism.

Anonymous

if brace slanders poles one more time im gonna do an old pagan ritual on his soul

Ernest Ambrus

Can there be a two part special on Coindexter already?

Shivvy

“When you give your b!tch a penny farthing —that’s a bicycle” words to friggin live by

Xander Udo

#dutchlistenersheartliz

#1 Jeremy Roach Fan

https://doomberg.substack.com/p/tether-goes-full-ponzi?r=ub2f&utm_campaign=post&utm_medium=web&utm_source=copy

brett Kreidberg

I think January 6 foot obviously plant because why would a right wing malicious attempted coup without any guns?? There’s no way that the most Second Amendment loving people in the world would attempt a coup without being fully armed. Come on now

Anonymous

https://twitter.com/StateCommon/status/1418317516313567234?s=20 Quote: "Let’s recap: - Tether owns 30+ billion in Commercial Paper. They are unwilling to say who their CP is from. - The printing of $1 Tether coins stopped around June 6th. - On June 7th, Chinese real estate developer Evergrande was unable to repay their CP loans on time." https://twitter.com/FirstSquawk/status/1435260980036980741 "BITCOIN EXTENDS FALL, LAST AT $45,953, DOWN 13% ON THE DAY" lol guess this is what happens when you use commercial paper like a bank and someone can't pay on time. Whole crypto is getting rocked right now.

Samuel Feder

I was just in Sedona for a wedding and a store that was asking $1,200 for a geode crystal had a sign on the door that they took Bitcoin. Anyway god save us all

Andrew

Back for a relisten 👀