BROADCASTS.com

James Block, crypto skeptic and author of the Dirty Bubble Media newsletter, rose to prominence with a timely post predicting FTX\u2019s insolvency. The blogger, a doctor by day, explains why he sees crypto as an unregulated morass of would-be securities and outright \u201cPonzi schemes.\u201d From an early interest in Tether to connecting the dots on Celsius, Block explains why he does what he does and why almost all of crypto is just \u201cregulatory arbitrage.\u201d\n\nShow highlights:\n\nhow James got into crypto and why he started writing about the space\n\nwhy James chose "Dirty Bubble Media" for the name of his publication\n\nthe problems with the legitimacy of crypto projects\n\nthe reasons to be bearish on Coinbase\n\nwhy the question of whether Bitcoin has intrinsic value is highly subjective\n\nwhether every token in crypto is a scam and whether regulations will hit stablecoin issuers hard\n\nhow FTX used tokens to create fictitious value worth billions of dollars\xa0\n\nwhy Celsius and FTX were closely linked, and the difference between both cases\n\nties James found between FTX's European subsidiary and a company doing binary options, an industry characterized by fraud\n\nhow he believes financial fraud is similar throughout history \u2014 it doesn't repeat, but it rhymes\n\nJames\u2019s concerns around Signature Bank and its "questionable tactics"\n\nwhy Genesis and DCG got into trouble and how James thinks the situation will likely play out\n\nwhether exchange tokens are securities and why he believes they have very little value\n\nwhy he says BNB resembles OneCoin's pyramid scheme\n\nJames's contrarian take on the Avi Eisenberg case\n\n\n\nThank you to our sponsors!\nCrypto.com\nDeFi Saver\n\nLinks\n\nGuests:\nJames Block:\n\nTwitter\n\nSubstack\n\n\nFTX:\xa0\nDirty Bubble Media:\n\nIs Alameda Research Insolvent?\n\nFTX'ed: The Tangled Ties Of Celsius Network and Sam Bankman-Fried\n\nFTX's European subsidiary was built on top of a binary options scam\n\nA forgotten banking scandal suggests FTX is the tip of the crypto iceberg\n\n\nDCG\n\nDirty Bubble Media: Digital Currency Grift\xa0\n\n\n\nUnchained: \u200bSEC Charges Gemini and Genesis With Sale of Unregistered Securities\n\n\n\nBinance\nDirty Bubble Media: The Binance Scam Chain\n\n\nSignature\nBloomberg: Binance Says Signature Sets Transaction Minimum Amid Pullback\n\n\nMango Markets\n\n\nThe Ballad of Risk-Free Avi - Dirty Bubble Media\xa0\n\n\nUnchained:\xa0\n\n\nMango Markets Exploiter Arrested on Market Manipulation Charges\n\nSolana\u2019s Mango Markets Sees $100M Drained in DeFi Exploit\n\n\nCelsius\n\nDirty Bubble Media: Anatomy of a (fake) Market\n\n\n\nUnchained: NYAG Sues Celsius\u2019s Alex Mashinsky for Defrauding Investors\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices