Episode 24 — C.R.E.A.M. Cumberland Rules Everything Around Me — Crypto Critics’ Corner

C.R.E.A.M. Cumberland Rules Everything Around Me Crypto Critics' Corner

Bennett Tomlin and Cas Piancey discuss the history and importance of DRW/Cumerbland Global, one of the top liquidity providers in the cryptocurrency space, and speculate on the influence the company exerts on the industry.

In this episode Cas and I discuss Cumberland Global (formerly Cumberland Mining) the cryptocurrency arm of DRW, a major Chicago trading firm. We discuss reporting suggesting that they are one of the top Tether issuers, and you can find that reporting here

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Episode 23 — Binance: The Tai Chi Document — Crypto Critics’ Corner

Binance: the Tai Chi Document Crypto Critics' Corner

Today Bennett Tomlin and Cas Piancey talk about the Binance Tai Chi document (which you can read about here https://www.forbes.com/sites/michaeldelcastillo/2020/10/29/leaked-tai-chi-document-reveals-binances-elaborate-scheme-to-evade-bitcoin-regulators/?sh=6dbafb302a92). This was recorded *before* Binance introduced full-KYC (know-your-customer) practices, but highlights previous issues with Binance, Binance US, and other Binance affiliated companies. If you're interested in the book by Evan Ratliff that we mention, it can be purchased here: https://www.amazon.com/Mastermind-Drugs-Empire-Murder-Betrayal/dp/0399590412

In this episode Cas and I discuss the Binance Tai Chi documents. A leaked set of documents as reported on by Forbes, which detail Binance’s plan to Binance US as part of a strategy of regulatory arbitrage. 

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Episode 22 — Blockchain Terminal with Robert Green — Crypto Critics’ Corner

Blockchain Terminal with Robert Green Crypto Critics' Corner

Robert Green (@robogreen on Twitter), a marketing consultant who ended up doing contract work for Blockchain Terminal – a company claiming to be "the Bloomberg Terminal," but for cryptocurrencies! – joins us to discuss his time at the bold project. The main problem with the company? One of the biggest fraudsters in Canadian history was running things under a pseudonym, "Shaun MacDonald," and was planning his exit scam from day one (perhaps even laundering funds from a pervious scam to bootstrap the project). Tune in to hear the full story.

In this episode Cas and I are joined by Robert Green, a marketing consultant who had worked with Blockchain Terminal. Blockchain Terminal was a fraudulent cryptocurrency company who was claiming to build the “Bloomberg Terminal” of crypto. The biggest issue with the company is that it was run by a known fraudster named Shaun MacDonald who was hiding behind the pseudonym ‘Boaz Manor’. 

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Episode 21 — Bitcoin — Crypto Critics’ Corner

Bennett Tomlin and Cas Piancey discuss the history, function, positives, negatives, flaws, and potential benefits of Bitcoin.

In this episode Cas and I discuss Bitcoin. What attracted us to it, why we think it’s useful, and the problems we see with it.

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Tether and Bitfinex Introduction

Tether and Bitfinex Introduction Bennett's Articles

Tether and Bitfinex are two of the most important companies in the cryptocurrency ecosystem. Tether is the largest stablecoin, and the primary driver of volume and liquidity. Bitfinex used to be the largest cryptocurrency exchange, and still is a frequently used exchange. Tether and Bitfinex have an incredibly problematic past and are quite possibly the largest corporate fraud in history. Read more: https://bennettftomlin.com/2021/08/08/tether-and-bitfinex-introduction/

Tether and Bitfinex are two of the most important companies in the cryptocurrency ecosystem. Tether is the largest stablecoin, and the primary driver of volume and liquidity. Bitfinex used to be the largest cryptocurrency exchange, and still is a frequently used exchange. Tether and Bitfinex have an incredibly problematic past and are quite possibly the largest corporate fraud in history.

Continue reading “Tether and Bitfinex Introduction”

Sunday Reads – Things I Found Interesting 2021-08-08

Binance

After less than four months the CEO of Binance US resigns.

ICYMI

In these two episodes Cas and I are joined by Frances Coppola to discuss inflation, deflation, regulation, stablecoins, and algorithmic stablecoins.

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Episode 20 – Algorithmic stablecoins and regulation with Frances Coppola (Part 2) — Crypto Critics’ Corner

Algorithmic stablecoins and regulation, Part II featuring Frances Coppola Crypto Critics' Corner

The second part of the two-part discussion with Frances Coppola. On this episode, Bennett Tomlin and Cas Piancey ask about algorithmic stablecoins, overcollateralized stablecoins, regulation, and historical precedent for pegged-currency failures.

In this episode Cas and I are joined by Frances Coppola to stablecoins and how they fit into the regulatory landscape. We also discuss some of the problems with algorithmic and partially collateralized stablecoins. 

You can find Frances’ Twitter here, her blog here, and her book here.

Note: This post contains an affiliate link to support the blog.

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Episode 19 – Inflation, deflation, and stablecoins with Frances Coppola (Part 1) — Crypto Critics’ Corner

Inflation, deflation, and stablecoins with Frances Coppola (Part I) Crypto Critics' Corner

Frances Coppola – "infamous" nocoiner and author – joins Bennett Tomlin and Cas Piancey to teach everyone a thing or two about inflation, deflation, hyperinflation, and stablecoin regulation.

In this episode Cas and I are joined by Frances Coppola to discuss inflation and deflation along with stablecoins. 

You can find Frances’ Twitter here, her blog here, and her book here.

Note: This post contains an affiliate link to support the blog.

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Sunday Reads – Things I Found Interesting 2021-08-01

This one will be a little bit longer than normal because I was in a wedding last weekend and did not get that week’s post up.

Books I Read

Dolores Clairborne – A fascinating King novel that focuses exclusively on a single woman and the people she did and did not kill as it steps through her life.

Tether

Tether execs likely received target letters from the Department of Justice.

Tether was a specific topic of discussion at Yellen’s working group.

ICYMI

In this episode Cas and I were joined by David Z. Morris to discuss what Enron can still teach us.

In this episode Cas and I are joined by Rohan Grey to discuss money transmitters, CBDCs, stablecoins, and the best way to regulate that morass.

In this episode Cas and I are joined by Preston Byrne to discuss stablecoins, DeFi, regulation, and decentralization theater.

In this article I try to assess the currently available evidence that Bitfinex and Tether have committed bank fraud, it also includes an audio version, a new thing I’m trying out so let me know what you think.

In this episode of the Blockchain Debate podcast I discuss whether or not I think algorithmic stablecoins will ever work.

In this episode of The Daily Dive I discuss Bitfinex and Tether and get to specifically talk about the new information about their Department of Justice probe.

In this episode Cas and I discuss a variety of cryptocurrency charity scams and frauds.

Note: This posts contains affiliate links that help support the blog

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