Insider FTSex and a Public F*cking: How a gang of crypto kids robbed the world!

1 year ago
34

This week we tackle FTX. It is too hard to put into words. Perhaps the words of the new CEO of FTX (John Ray III) who has taken over the firm and immediately put it into bankruptcy proceedings: "in his 40 years of legal and restructuring experience," he had never seen "such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here." This is the same guy that handled the mess of the ENRON fraud.

Weve created a 'Anti Crypto Fraud Squad' within Blockchange Solidarity Pod to look into the darker and dystopian sides of everything blockchain and crypto. Our aim when we started the pod in the summer was always take a balanced approach approach to this world, covering the darker parts as well as the lighter parts. This week in crypto, probably its most disastrous week, with the FTX scandal, prompted us to start this theme properly now, rather than talk of the darker sides as bit parts of some episodes, we want to dedicate full episodes to it. We will do a 3 part series now on it then visit maybe a 'dystopian/darker' episode every 2nd or 3rd episode going forward., intermixed with regular 'utopian/better side of blockchain/ episodes' to keep us all positive and sane. The next ep in this initial 3 part series will be on the FTX scandal and the last one will be on CBDC's.

The Fraud Squad will look at out outright scams/frauds, potential scams, general dodgyness, dystopian things on the horizons (CBDC's), and anything else local or global hurting working people! Recommend something to us!!We are a mix of former corruption investigators, crypto dark web OG's, and regular normies somewhat skeptics of crypto but open minded to its positive potential)

We hope you enjoy the show and the series.

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Welcome to Blockchange Solidarity. The podcast where we ask, what blockchain can do for us. What is blockchain? What is crypto? Can it rescue us from our current dystopia? Come with us as we explore the very real potential for this technology to enhance human freedom and as we delve into the darker side, the bond villain potential of this current bleeding edge. Join us, a group of friends, in a pub style chat as we discuss the overlaps between this technology and politics, economics, the environment, culture and sci-fi, to understand for ourselves this seemingly mysterious, futuristic world on our horizon.

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