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Revisiting Crypto Ponzi Schemes

Revisiting Crypto Ponzi Schemes

TechStuff

March 6, 202348m 51s

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Show Notes

The Ponzi scheme is a classic high-stakes con game that can net a scammer a lot of money, but at considerable risk. We take a look at the Terraform Labs collapse of 2022 and learn what factors led to its downfall and why its co-founder is on the run.

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Topics

Ponzi schemefraudembezzlementTerraform LabsUSTTerraUSDLunacryptocurrencyblockchainBitcoinEthereumTerracrypto exchangecrypto lenderfinancepyramid scheme