meta_pixel
Tapesearch Logo
Log in
CoinDesk Podcast Network

CRYPTO CROOKS: Consensus 2023 Panel – How to Spot a Scam

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 16 May 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

Featuring “Crypto Critics’ Corner” hosts Bennett Tomlin and Cas Piancey, and former Terraform Labs employee Hyungsuk Kang. The past year saw the collapse of a huge variety of frauds, scams, and deeply flawed projects in crypto. Some of the most respected (and consistently correct) scam-spotters in the industry discuss how they identify red flags and dig into the nitty-gritty of uncovering malfeasance. We also meet a special guest – a former employee of one of the most notorious projects to blow up in 2022, who left early because of the bad behavior he saw from the inside. Featuring: Bennett Tomlin, co-host of “Crypto Critics’ Corner” Cas Piancey, co-host of “Crypto Critics’ Corner” Hyungsuk Kang, founder of Standard Protocol and former Terraform Labs employee David Z. Morris, CoinDesk chief insights columnists and “Crypto Crooks” host “Crypto Crooks” is a CoinDesk Podcast Production. The executive producer is Jared Schwartz, with additional production by Eleanor Pahl, Nora Battelle, and Moon Beast. Fact-checking is by Amber Von Schassen, and sound design and music are by Altus Noumena. This show is written and voiced by David Z. Morris. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

All right. Thanks and thank you for being here. My name is David Z. Morris. I want to introduce my panelists, starting with Cass Piancy on the end there and Bennett Tomlin. Cass and Bennett are the hosts of Crypto Critics Corner, a fantastic and widely respected and widely

0:39.4

listened to podcasts that digs into some of the, let's say, less sustainable elements

0:44.7

of the crypto ecosystem.

0:46.8

And then we have a really, really special guest here with his Shunxuk Kang, who is currently

0:52.7

working on the Standard Protocol, but is here today because he is a former

0:56.2

employee of Terraform Labs and before the FBI rushes the stage and takes him away in

1:01.9

handcuffs, he is here today because he left Terraform in, pardon me if I get this wrong, but

1:09.6

in June of 2020. It was November 2020, yeah.

1:15.3

Okay. So, because according to him, he saw what was going on and didn't like it. So we have

1:20.8

somebody who was inside and got out after getting a whiff of not such great things going on in

1:26.6

the Terra and Luna ecosystem.

1:28.7

And to briefly give my own resume, I'm the host and creator and writer and producer of a podcast

1:35.3

called Crypto Crooks that looks into the history of major scams. It's awesome, and you should

1:40.8

all listen to it. Hjongsook is a very important guest on our second season about Luna.

1:45.5

I'll ask Cass and Bennett to talk a little bit

1:47.4

about some of the stuff that they've been ahead of the curve on.

1:50.5

But I, by looking at Tara Luna's tokenomics

1:54.6

and with help from a lot of other people's work,

1:57.5

I wrote an article about the Luna death spiral

2:00.5

two weeks before it happened. So I, that's my

2:03.5

pinned tweet forever, is I predicted it, and it went down exactly the way it was going to. So our

2:08.5

discussion today is, you know, how we as, you know, whether skeptics, builders, journalists,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.