Tether’s Executives are Deeply Conflicted

Let's start at the top (or more accurately at the figurehead): Jean Louis Van Der Velde, the CEO of both Bitfinex and Tether is also the executive director for a Hong Kong based Venture Capital Firm. (Archive) Giancarlo Devasini, the Chief Financial Officer for both Bitfinex and Tether, is a shareholder and director in BlueBit … Continue reading Tether’s Executives are Deeply Conflicted

Episode 26 — Cryptocurrency Lending is Too Good to Believe — Crypto Critics’ Corner

https://cryptocriticscorner.com/2021/09/13/episode-26-cryptocurrency-lending-is-too-good-to-believe/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/A_Sj_ZrlyLs In this episode Cas and I discuss the problems with cryptocurrency lending companies including BlockFi, Celsius, and Nexo. They are marketed as risk-free while actually you take on significant counterparty risk.  AnchorSpotifyAppleGoogleOvercastRSS Feed

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

Binance After less than four months the CEO of Binance US resigns. https://twitter.com/BrianBrooksUS/status/1423727097323802626 ICYMI In these two episodes Cas and I are joined by Frances Coppola to discuss inflation, deflation, regulation, stablecoins, and algorithmic stablecoins. https://bennettftomlin.com/2021/08/02/episode-19-inflation-deflation-and-stablecoins-with-frances-coppola-part-1-crypto-critics-corner/ https://bennettftomlin.com/2021/08/06/episode-20-algorithmic-stablecoins-and-regulation-with-frances-coppola-part-2-crypto-critics-corner/

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

https://cryptocriticscorner.com/2021/08/06/episode-20-algorithmic-stablecoins-and-regulation-with-frances-coppola-part-2/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/pHMJWwYG7ss 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.  AnchorSpotifyAppleGoogleOvercastRSS Feed You can find Frances’ Twitter here, her blog here, and her book here. Note: This post contains an affiliate … Continue reading Episode 20 – Algorithmic stablecoins and regulation with Frances Coppola (Part 2) — Crypto Critics’ Corner

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

https://cryptocriticscorner.com/2021/08/02/episode-19-inflation-deflation-and-stablecoins-with-frances-coppola-part-1/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/QhB1SzOx518 In this episode Cas and I are joined by Frances Coppola to discuss inflation and deflation along with stablecoins.  AnchorSpotifyAppleGoogleOvercastRSS Feed You can find Frances’ Twitter here, her blog here, and her book here. Note: This post contains an affiliate link to support the blog.

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 … Continue reading Sunday Reads – Things I Found Interesting 2021-08-01

Episode 18 – Crypto Charity: where you donate to random people making promises and get nothing in return — Crypto Critics’ Corner

https://cryptocriticscorner.com/2021/07/30/episode-18-crypto-charity-where-you-donate-to-random-people-making-promises-and-get-nothing-in-return/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/MMcZjMQLo_E In this episode Cas and I are discussing the problematic history of charities in the crypto space.  AnchorSpotifyAppleGoogleOvercastRSS Feed I discuss Jacob Kostecki here: https://bennettftomlin.com/2020/04/01/a-list-of-facts-about-jacob-jakub-kostecki/

The Available Evidence that Tether and Bitfinex Committed Bank Fraud

https://anchor.fm/s/297d9b4/podcast/rss https://youtu.be/thvDG0jXicI Recently Bloomberg reported that several Tether executives (archive) have gotten 'target letters' for bank fraud from the Department of Justice. There is evidence that Tether and Bitfinex may have participated in bank fraud. We have several reasons to believe that Tether may have committed bank fraud starting by this video that was saved … Continue reading The Available Evidence that Tether and Bitfinex Committed Bank Fraud