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Today Bennett and Cas discuss the best of times and the worst of times for two enormous Ponzi scemes: Celsius - a now bankrupt cryptocurrency lender - and Luna - an algorithmic stablecoin ecosystem once valued at nearly $60 billion, and the two individuals who ultimately led them to their respective downfalls: Alex Mashinsky and Do Kwon.
KeyFi lawsuit against Celsius: https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=RvF30Mz2IZW63s1mjjau2Q==
Celsius lawsuit against KeyFi: https://assets.law360news.com/1523000/1523691/complaint.pdf
Coverage of the Celsius countersuit: https://protos.com/celsius-lawsuit-claims-keyfi-stole-customer-deposits-to-buy-nfts/
Mashinsky resigns: https://protos.com/chief-exec-alex-mashinsky-resigns-from-celsius-network__trashed/
Celsius Network all-hands: https://youtu.be/40-w9r7WSKM
Bennett's reaction to Coinage interview of Do Kwon: https://youtu.be/vcy_N8Kozf4
What is a red notice?: https://protos.com/what-is-an-interpol-red-notice-and-how-does-it-work/
Cas' article on death fraud: https://medium.com/coinmonks/death-fraud-6920cc93d0a7
This episode was recorded on Tuesday, September 27th, 2022 and edited by Bennett Tomlin.
4.9
256256 ratings
Today Bennett and Cas discuss the best of times and the worst of times for two enormous Ponzi scemes: Celsius - a now bankrupt cryptocurrency lender - and Luna - an algorithmic stablecoin ecosystem once valued at nearly $60 billion, and the two individuals who ultimately led them to their respective downfalls: Alex Mashinsky and Do Kwon.
KeyFi lawsuit against Celsius: https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=RvF30Mz2IZW63s1mjjau2Q==
Celsius lawsuit against KeyFi: https://assets.law360news.com/1523000/1523691/complaint.pdf
Coverage of the Celsius countersuit: https://protos.com/celsius-lawsuit-claims-keyfi-stole-customer-deposits-to-buy-nfts/
Mashinsky resigns: https://protos.com/chief-exec-alex-mashinsky-resigns-from-celsius-network__trashed/
Celsius Network all-hands: https://youtu.be/40-w9r7WSKM
Bennett's reaction to Coinage interview of Do Kwon: https://youtu.be/vcy_N8Kozf4
What is a red notice?: https://protos.com/what-is-an-interpol-red-notice-and-how-does-it-work/
Cas' article on death fraud: https://medium.com/coinmonks/death-fraud-6920cc93d0a7
This episode was recorded on Tuesday, September 27th, 2022 and edited by Bennett Tomlin.
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