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19: Crypto Jenga Tower Collapse: Celsius & the Crypto Time Bombs (w/ David Gerard & Amy Castor)

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Manage episode 455163527 series 3309319
Content provided by [email protected] (Matt Binder) and Matt Binder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] (Matt Binder) and Matt Binder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Crypto critics David Gerard & Amy Castor join Matt Binder on Scam Economy to talk about the "Jenga stack of interconnected time bombs" that is this week's cryptocurrency crash. David and Amy breakdown how the entire crypto space is like a Jenga tower and all it takes is for one rug pull to knock down the stack, how Terra/Luna set the stage for the plunge, what Celsius is and why it was the next piece to take down what was left, what the role crypto exchanges like Coinbase play, why crypto hedge funds like Three Arrows Capital are now floundering, and how Tether, Bitcoin miners, and even Mt. Gox will continue to play a role in crypto's nosedive. Read David and Amy's piece, The Latecomer’s Guide to Crypto Crashing: https://amycastor.com/2022/06/14/the-latecomers-guide-to-crypto-crashing-a-quick-map-of-where-we-are-and-whats-ahead/ - Visit: ScamEconomy.com - Support the show: http://www.patreon.com/mattbinder
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133 episodes

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iconShare
 
Manage episode 455163527 series 3309319
Content provided by [email protected] (Matt Binder) and Matt Binder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] (Matt Binder) and Matt Binder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Crypto critics David Gerard & Amy Castor join Matt Binder on Scam Economy to talk about the "Jenga stack of interconnected time bombs" that is this week's cryptocurrency crash. David and Amy breakdown how the entire crypto space is like a Jenga tower and all it takes is for one rug pull to knock down the stack, how Terra/Luna set the stage for the plunge, what Celsius is and why it was the next piece to take down what was left, what the role crypto exchanges like Coinbase play, why crypto hedge funds like Three Arrows Capital are now floundering, and how Tether, Bitcoin miners, and even Mt. Gox will continue to play a role in crypto's nosedive. Read David and Amy's piece, The Latecomer’s Guide to Crypto Crashing: https://amycastor.com/2022/06/14/the-latecomers-guide-to-crypto-crashing-a-quick-map-of-where-we-are-and-whats-ahead/ - Visit: ScamEconomy.com - Support the show: http://www.patreon.com/mattbinder
  continue reading

133 episodes

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