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CYBER

Discord Is The Center of the Crypto World and That’s a Problem

CYBER

VICE

Tech News, News & Politics, Technology, News

4645 Ratings

🗓️ 31 May 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

Discord. The popular chat app was once the humble home of gamers who were tired of paying for Ventrilo and Teamspeak servers. Now, it’s so much more. The crypto people have come and it doesn’t look like they’re going anywhere.


From the Bored Ape Yacht Club to the next alt-coin with no backing, any project related to the blockchain probably has a space on Discord. But Discord was never built to be a place where people gathered together to manifest complex financial schemes and, because of that, it’s rife with scammers, grifters, and hackers. 


On this episode of Cyber, Motherboard Senior Staff Writer Lorenzo Franceschi-Bicchierai walks us through the perils of using Discord as a financial chat app.


Stories discussed in this episode:


Discord Is the World’s Most Important Financial Messenger, and a Hotbed for Scammers


We’re recording CYBER live on Twitch. Watch live during the week. Follow us there to get alerts when we go live. We take questions from the audience and yours might just end up on the show.


Subscribe to CYBER on Apple Podcasts or wherever you listen to your podcasts.



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Tann, it's got the code it's going to launch.

0:10.3

It's a unit system.

0:12.6

I know this.

0:14.6

It's how the files of the whole park.

0:16.8

It tells you everything.

0:18.6

Sir, he's uploading the virus.

0:21.3

Eagle One. The package is being delivered.

0:25.5

Hello out there on the internet.

0:27.5

I am Matthew Galt, and this is Cyber.

0:30.6

Discord.

0:31.2

We're using it to record the show right now.

0:34.4

The popular chat app was once the humble home of gamers

0:37.2

who are tired of paying

0:38.1

for Ventrillo and TeamSpeak servers. Now it's so much more. The crypto people have come and it

0:44.0

doesn't look like they're going anywhere. From the Bored Ape Yacht Club to the next Altcoin with no

0:50.2

backing, any project related to the blockchain probably has a space on Discord,

0:54.9

which is great. The Discord was never built to be a place where people gathered together

0:59.7

to manifest complex financial schemes, and because of that, it's rife with scammers,

1:05.4

grifters, and hackers. If you're listening, and you've been taken in by a crypto scam,

1:09.8

there is a good chance that some of it

1:12.3

was orchestrated or executed over Discord. According to Motherboard Senior Staff writer, Lorenzo

1:18.2

Franceschi Biccarai, Discord is the world's most important financial messenger and a hotbed for

...

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