4 min listen
18: They Lost Everything: How the Terra Crypto Crash Ruined Lives Around the World (w/ Leo Schwartz)
FromScam Economy
18: They Lost Everything: How the Terra Crypto Crash Ruined Lives Around the World (w/ Leo Schwartz)
FromScam Economy
ratings:
Length:
73 minutes
Released:
Jun 10, 2022
Format:
Podcast episode
Description
Leo Schwartz, reporter at Rest of World, joins Scam Economy with Matt Binder to discuss his recent piece interviewing people from around the world who had invested in the stablecoin Terra and lost everything they had in the crash. We also discuss the predatory nature of crypto and DeFi, why people in countries like Argentina, Iran, and Nigeria invest in crypto, how the industry preys on the most economically vulnerable, and more! Check out Leo's pieces that we discuss on the show: 1) https://restofworld.org/2022/argentina-nigeria-terra-crash/ 2) https://restofworld.org/2022/crash-crypto-hodling-bitfinex-ardoino/ 3) https://restofworld.org/2021/insiders-and-experts-are-driving-a-massive-spike-in-crypto-transactions-new-data-shows/ Visit: ScamEconomy.com Support the show: http://www.patreon.com/mattbinder
Released:
Jun 10, 2022
Format:
Podcast episode
Titles in the series (65)
0: Welcome to the Scam Economy: Bitcoin, the Blockchain, Web3, NFTs...welcome to the Scam Economy. Host Matt Binder (The Majority Report w/ Sam Seder, DOOMED) dives into the world of cryptocurrency in order to reveal the frauds, grifts, and scams. And there's plenty because, really, the whole thing is a scam. It's the Scam Economy. by Scam Economy