Category: Fraud

My Appearance on The Grant Williams Podcast

I was recently able to join Grant Williams on his podcast with George Noble to discuss Bitfinex and Tether. He has made both the podcast episode and the excellent report he wrote on Tether and Bitfinex free. I recommend you listen to the podcast and read the report: https://www.grant-williams.com/podcast/the-grant-williams-podcast-bennett-tomlin-george-noble/

Periods Where We Definitively Know Tether Was Unbacked

There are still some who claim that Tether has always been fully backed. I have already shown that is not true: https://bennettftomlin.com/2021/06/04/a-simple-deductive-argument-proving-there-were-unbacked-tethers/ In this post I will summarize the periods where we have sufficient evidence to know for certain that they were unbacked. Thanks to the NYAG settlement we know that there were unbacked Tethers … Continue reading Periods Where We Definitively Know Tether Was Unbacked →

Tether Truthers and the Inconvenient Conspiracy Theories

There is a reflexive tendency among those who defend Tether to categorise those who criticize Tether as 'truthers', akin to those who spread 'Jet Fuel Doesn't Melt Steel Beams' in their Facebook group about how the earth is flat. This tendency is absurd when you consider the history of the accusations made by 'truthers' and … Continue reading Tether Truthers and the Inconvenient Conspiracy Theories →

Episode 10 – This one weird trick will stop you from ever having a bank run!! (never let anyone redeem) — Crypto Critics’ Corner

https://cryptocriticscorner.com/2021/06/21/episode-10-this-one-weird-trick-will-stop-you-from-ever-having-a-bank-run-never-let-anyone-redeem/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/DFUYD1J8lgQ In this episode Cas and I discuss what is a Tether redemption, what’s a Bitfinex redemption, and why all this talk about redemptions even matters.  AnchorSpotifyAppleGoogleOvercastRSS Feed

Episode 9 – Shillfluencers (and the unspoken financial epidemic) — Crypto Critics’ Corner

https://cryptocriticscorner.com/2021/06/14/episode-9-shillfluencers-and-the-unspoken-financial-epidemic/ https://anchor.fm/s/4fa795b4/podcast/rss https://www.youtube.com/watch?v=gtwL7VNKrDo&list=PL4_8M4221Zu1s2Vv0CQb1VlzAT22GGt_Z&index=9&t=4s In this episode Cas and I discuss the epidemic of shills in crypto. People getting free tokens or paid to promote tokens in what effectively is a pump and dump scheme.  AnchorSpotifyAppleGoogleOvercastRSS Feed I wrote about the reasons I dislike these tactics from venture capitalists here:

Episode 8 – Coinbase Media and Why Venture Capitalism Hates Journalism — Crypto Critics’ Corner

https://cryptocriticscorner.com/2021/06/07/episode-8-coinbase-media-and-why-venture-capitalism-hates-journalism/ https://anchor.fm/s/4fa795b4/podcast/rss https://www.youtube.com/watch?v=WIJxjkT0Elc In this episode Cas and I dive into the recent reporting surrounding Coinbase launching a new media arm and fact checking situation. We also talk more broadly about what we think the future of media might look like. AnchorSpotifyAppleGoogleOvercastRSS Feed Cas wrote about this at Protos. Coinbase is hunting top editorial talent … Continue reading Episode 8 – Coinbase Media and Why Venture Capitalism Hates Journalism — Crypto Critics’ Corner →

Elon and the Absurdity of Bitcoin

Elon Musk is considered by fools to be among the smartest people alive. He will be discussed as though he has the intellect of Nikola Tesla, combined with the ability to create products of Thomas Edison. This towering intellect is a facade built on the willingness of others to continue to propagate the myth, and … Continue reading Elon and the Absurdity of Bitcoin →

Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics’ Corner

In this episode Cas and I take a look at the payments processor for Bitfinex, Tether, Kraken, Quadriga, and Bitmex. They’re implicated in money laundering for the cartels, wire fraud, bank fraud, embezzlement, and more. Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics' Corner https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/bPAfTQjMkbk In this … Continue reading Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics’ Corner →