A Pyramid of Ponzis: Celsius Network - Episode 85

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  • Опубліковано 16 лис 2024

КОМЕНТАРІ • 65

  • @TomiTakamaa
    @TomiTakamaa 9 місяців тому +2

    Greetings from Finland. I've been binge-listening your podcast on Spotify for dozens of episodes. You're such pros and the podcasts are very well put together.

  • @nighticeeee
    @nighticeeee 2 роки тому +45

    Before you two would call out potential issues months in advance, now there's so much collapsing at once you have to play catchup

  • @Nohandleentered
    @Nohandleentered 2 роки тому +26

    I used to work for Celsius. I even met Jason. He called the management team the “nepotism crew”. CNBC flew down south to meet me last week to talk about the company. They’re gonna put me on tv. I wish they would’ve released it before the bankruptcy announcement. I predicted the bankruptcy in the interview.

    • @CryptoCriticPod
      @CryptoCriticPod  2 роки тому +7

      You worked for Celsius? That’s interesting

    • @smc4229
      @smc4229 2 роки тому +10

      Sounds like we got a guest for another episode!

    • @Nohandleentered
      @Nohandleentered 2 роки тому +7

      Yes, I was on CNBC, in a segment during The News With Sheppard Smith. Kate Rooney interviewed me. I was the Director of Financial Crimes Compliance up until Sept 2021 when i moved on to a UK crypto company. Celsius was an interesting place to work, to say the least. I’m very sad to see how things have turned out. Also, I love your podcast!

  • @aaronmathias6739
    @aaronmathias6739 2 роки тому +8

    Guys, you have no idea what outright gold your discussions are!
    I stumbled on to this awesome channel thanks to the podcast of Matt Binder mentioning your channel.
    Keep up the awesome work, guys!

  • @allthepeas
    @allthepeas 2 роки тому +7

    You guys are pure class. Grimacing and laughing through the pain.

  • @buriedpet
    @buriedpet 2 роки тому +16

    This is exactly what I’ve been waiting for. To me, this is what CCC is about. Deep dives unwinding complex financial scams in the cryptocurrency space. I know y’all have been experimenting with having pro-coiners on the show, but it low key just feels like they take the opportunity to explain how everything everybody else is doing is fraudulent, but totally not what they’re doing. I think that format could work really well if you really put them in the hot seat and grilled them on tough questions, not letting them sidestep or give a non-answer. It’s difficult to take a show that is very anti-crypto and turn it into a more neutral debate from both sides. That format may be better as it’s own show though, as most of the audience here will likely be frustrated with anything less than an absolute evisceration of pro-coiner arguments. I really don’t want this to come off as harsh or mean. I really love what you both do, and I want to see more of it. There’s no one else covering these topics like you do on this show. For real, the fact that you guys can pull at these tiny strings and follow them to some rotten core of corruption and fraud is just amazing. It’s seriously impressive journalism that you just don’t see these days, even from mainstream outlets. That’s something to be super proud of. I just want to give some constructive feedback that I hope you will take and use to make the show even better. Know that your work is appreciated more than you probably think, and I’ll see y’all in the next comment section. Peace ✌️
    Edit: I’d also like to say that I’ve really enjoyed the episodes where you’ve brought on other journalists covering frauds in this space. It’s a nice synergy with a side of cross promotion.

  • @glampreda3803
    @glampreda3803 10 місяців тому +1

    I just started following you, and I love the information you guys put out! I loved your intelligent conversation with Cynthia Cooper. I am mearning so much about crypto. Yes, I am a layman . Just learning. And you guys are hilarious

  • @gotamd
    @gotamd 2 роки тому +6

    It's amazing that he talks about "his share of the profits" while losing money.

  • @purplepurrpurrin
    @purplepurrpurrin 2 роки тому +9

    Always exciting to see the transition of facial hair between episodes for both Cas and Bennett.

    • @calz7744
      @calz7744 2 роки тому

      Bennett has easy face hair to track, lol.

  • @ilevakam316
    @ilevakam316 2 роки тому +11

    LMAO, so fun to watch. Crypto has cured me of my libertarianism.

  • @earnthis1
    @earnthis1 2 роки тому +3

    Actual financial reporting happens here! Thanks!

  • @geocreative
    @geocreative 2 роки тому +8

    Bennett is on the money at the end there. Our political/regulatory landscape is pretty bleak right now. There’s a cryptobro in my city who’s running for state government and I think that’s another vector that lolbertarians are pursuing (since it worked so well for Republicans).

  • @volvo09
    @volvo09 2 роки тому +15

    Man, I knew all these defi and crypto projects were lending and borrowing between each other, but I had no idea it was going to be THIS big and cause so many failures.

    • @CryptoCriticPod
      @CryptoCriticPod  2 роки тому +5

      It’s been wild to see the curtain get pulled back

    • @stage6fan475
      @stage6fan475 2 роки тому +4

      I'm basically cynical, but this stuff is amazingly shameless even to me.

  • @JohnSmith-ox3gy
    @JohnSmith-ox3gy 2 роки тому +2

    Episode 85? I need to start hiking more to fit all these quality podcasts in my week.

  • @MrThomaslef
    @MrThomaslef 2 роки тому +5

    This podcast is underated. Keep up the good work guys 👍

  • @Czarjonz
    @Czarjonz 2 роки тому +4

    You’re right that many of these issues are financial market related, i.e., greed and never enough profit, but in crypto markets the regulatory and legal infrastructure is evolving which allows a proliferation of these “bad” actors taking advantage of uninformed and undereducated retail investors.

  • @yoyi8285
    @yoyi8285 2 роки тому +3

    Holy shit, that Bennett rant at the end was fucking amazing.

  • @beastmode00714
    @beastmode00714 11 місяців тому

    Great podcast! All of the Celsius AMA videos are still there! Alex actually says many times that Celsius gives out “No income, no job , no assets” NINJA loans! Reminded me of The Big Short movie.
    Mark Baum:
    I don't get it. Why are they confessing?
    Danny Moses:
    They're not confessing.
    Porter Collins:
    They're bragging.

  • @sunsetwolf7188
    @sunsetwolf7188 2 роки тому +2

    Heard there was a youtube channel from this episode of the podcast - came to check it out and am!! So hyped for the captions!!! Props to y'all for captioning all this (or having it captioned - either is admirable enough!!!) wonderful podcast, so hyped to watch/read along!! :)

  • @qwerty_artist
    @qwerty_artist 2 роки тому +6

    I'm not even a pokemon lover but man that infected pikachu
    I think it has value in its grossness
    I'd pay to hide it away
    Far far away

  • @theminormiracle
    @theminormiracle 2 роки тому +7

    Cas looks ten years younger clean shaven.

    • @smc4229
      @smc4229 2 роки тому +2

      Smooth Cas

  • @greghcarr8192
    @greghcarr8192 2 роки тому +11

    Great ep! Funny how everything is moving so fast, the topics covered in this episode feel like they happened months ago.

    • @CryptoCriticPod
      @CryptoCriticPod  2 роки тому +4

      Now we’re going to have to go back and do their bankruptcy filing since that happened today!

  • @JamesMullarneyIsAFraud
    @JamesMullarneyIsAFraud Рік тому +2

    this looks prophetic now

  • @gonzalotoscano3310
    @gonzalotoscano3310 2 роки тому +2

    "Banks are not your friends" that is what says in front, with untraviolet light you can read "Neither are we" on the back of his shirt.

  • @tintedglass
    @tintedglass Рік тому +4

    Watching this after the ftx collapse... hehehe....

  • @kozmikoztrich8524
    @kozmikoztrich8524 2 роки тому +2

    Another killer session gentlemen

  • @qwerty_artist
    @qwerty_artist 2 роки тому +6

    Yessss

  • @richardlivings8640
    @richardlivings8640 Рік тому +1

    Looking back at this now, the idea of having ‘valuable NFTs’ listed in court documents seems as much a part of bygone era as ‘Dirty Rotten Scoundrels’

  • @chompers5568
    @chompers5568 2 роки тому +3

    If you go back on these guys twitters you notice the people who where saying they didn't understand crypto are no where to be seen.

  • @SeanSmith-gm3ov
    @SeanSmith-gm3ov 2 роки тому +2

    Love this guys and all you do!!

  • @jimmins31
    @jimmins31 2 роки тому +2

    Really enjoyed the episode.

  • @IsleyNumber1
    @IsleyNumber1 Рік тому +3

    Lmao so funny to come back from the future to a time where people stumbled over who Caroline Ellison is.
    No one struggles to remember (or quote her) now!

  • @roadrunne255
    @roadrunne255 2 роки тому +2

    crazy crazy stuff!!

  • @cinnaminson0653
    @cinnaminson0653 Рік тому

    You both were prophetic.

  • @GreatgoatonFire
    @GreatgoatonFire 2 роки тому +2

    Good job keeping track of this four dimensional spiderweb.

  • @rtek3541
    @rtek3541 2 роки тому +1

    please keep doing what you're doing but i cant watch this stuff anymore since the sky is green and its depressing

  • @dalgray
    @dalgray 2 роки тому

    It's the cracks in the foundations where the next phases of growth emerges from.
    There will always be those who play fast and loose. There will always be those who play by the letter ofthe law and others who play by the spirit of the law.
    The stress of eternal pessimism will take years off your life and many optimistic lemmings will follow each other off cliffs.
    These years ahead will be very trying times for everyone. Take care of yourselves!

  • @Oscar_Von_Doom
    @Oscar_Von_Doom 2 роки тому +2

    Hey Bois, Keep it up, loving the content.

  • @govcalif
    @govcalif 2 роки тому +1

    we need folks in jail!

  • @MrCapitalizer
    @MrCapitalizer 2 роки тому +1

    Machinsky is going to prison.

  • @jfs861
    @jfs861 2 роки тому +1

    Great episode but found myself fast forwarding through to get to BT’s parts, could tell that Cas had had a few and rambled on a bit.

  • @shauncreed1315
    @shauncreed1315 2 роки тому +1

    algo

  • @allen-simpson
    @allen-simpson 2 роки тому +1

    🤝

  • @newworldmoney8926
    @newworldmoney8926 2 роки тому

    Lol...still in diapers..

  • @sunnohh
    @sunnohh 2 роки тому

    “Bitcoins not going to zero” I wouldn’t be so sure about that. If only due to quantum computers eventuality.