Today Bennett and Cas discuss the best of times and the worst of times for two enormous Ponzi scemes: Celsius - a now bankrupt cryptocurrency lender - and Luna - an algorithmic stablecoin ecosystem once valued at nearly $60 billion, and the two individuals who ultimately led them to their downfalls: Alex Mashinsky and Do Kwon.
This episode was recorded on September 28th, 2022.
Read more: cryptocriticscorner.com/2022/...
Other episodes mentioned in this episode:
Episode 26 - Cryptocurrency Lending is Too Good to Believe
• Cryptocurrency Lending...
Episode 85 - Celsius Network: A Pyramid of Ponzis
• A Pyramid of Ponzis: C...
Episode 93 - Saylor’s Strategy - A MicroTragedy
• Michael Saylor's Strat...
Episode 79 - Celsius Collapse: Causes, Concern, and Catastrophe (Feat. Dirty Bubble Media)
• Celsius Collapsing: Ca...
Episode 71 - Terra, Luna, and Algorithmic Stablecoins
• Terra, Luna, and Algor...
Episode 72 - We Never Want to Discuss Terra and Luna Again…and yet
• Luna and Terra are Cra...
Episode 7 - QuadrigaCX: the Canadian cryptocurrency exchange that just won’t die
• QuadrigaCX the Canadi...
Episode 40 - The Silk Road, Bitcoin, and Ross (featuring Nicholas Weaver)
• The Silk Road, Bitcoin...
Other resources mentioned in this episode:
KeyFi lawsuit against Celsius
iapps.courts.state.ny.us/nysc...
Celsius lawsuit against KeyFi
assets.law360news.com/1523000...
Coverage of the Celsius countersuit
protos.com/celsius-lawsuit-cl...
Mashinsky resigns
protos.com/chief-exec-alex-ma...
Celsius Network all-hands
• Celsius Network Intern...
Bennett's reaction to Coinage interview of Do Kwon
• Reaction to Do Kwon In...
What is a red notice?
protos.com/what-is-an-interpo...
Cas' article on death fraud
/ death-fraud
Other places to find Crypto Critics' Corner
Website: cryptocriticscorner.com/
Discord: / discord
Twitter: / cryptocriticpod
Instagram: / cryptocriticpod
TikTok: vm.tiktok.com/TTPdPN2hK9/
Bennett's Twitter: / bennetttomlin
Cas' Twitter: / caspiancey
Bennett's Newsletter: TheFUDLetter.com/
Cas' Blog: / thecaspiancey
Bennett's Blog: bennettftomlin.com/
Bennett's KZread: / @bennettftomlin
Timestamps:
00:00 What is going on with Celsius Network?
12:50 Luna and Terra and Do Kwon
#cryptocurrency #crypto #podcasts #listenable #bitcoin #terra #luna #celsius #celsiusnetwork