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Le Show

Le Show For The Week Of December 14, 2025

Le Show

Harry Shearer

Politics, News, Music, Society & Culture, Tech News, Sports

4.6972 Ratings

🗓️ 14 December 2025

⏱️ 55 minutes

🧾️ Download transcript

Summary

On this week’s edition of Le Show, Harry brings us regular features like News of A.I., What the Frack?!, News of the Godly, The Apologies of the Week, and The Side Effects of the Week. He also considers the co-founder of Terraform Labs, Stephen Miller, the acquisition of Warner Bros., and why Meta is diverting their funds from the Metaverse.

Transcript

Click on a timestamp to play from that location

0:00.0

here it is from deep inside your audio device of choice hey ladies and gentlemen i hope you weren't

0:10.3

planning on funding your christmas purchases with crypto from terraform Labs.

0:22.6

Do Kwan, he's the South Korean cryptocurrency entrepreneur behind Terra S.D. and Luna currencies.

0:35.6

They lost an estimated $40 billion.

0:39.4

He was sentenced this week to 15 years in prison for what a judge called an epic fraud.

0:44.8

You don't want to finance your Christmas purchases with an epic fraud, do you?

0:50.7

He pleaded guilty and admitted to misleading investors about a coin that was supposed to maintain a steady price during periods of crypto market volatility.

1:01.2

He's one of several cryptocurrency moguls facing federal charges after that slump in digital token prices in 2022.

1:08.4

That led to a collapse of a number of companies.

1:11.9

But hey, it's not 2022 anymore.

1:14.5

The judge, Paul Engelmeier, sharply rebuked Kwan for repeatedly lying to everyday investors

1:22.3

who trusted him with their life savings.

1:25.2

Quote, this was a fraud on an epic generational scale.

1:28.6

In the history of federal prosecutions, there are few frauds that have caused as much

1:33.2

harm as you have.

1:35.7

Mr. Kwan, he, Kwan, addressed the court and apologized to his victims, including the

1:42.9

hundreds who submitted letters to the

1:44.5

court describing the harm they'd suffered, quote, all their stories were harrowing and reminded

1:48.8

me again of the great losses that I've caused. I want to tell those victims that I'm sorry,

1:56.2

unquote, Kwan. Didn't offer them the money back. But but hey there is good news this week I know

2:05.5

out of character for me to point that out but we're just days away from the time when

2:12.7

the nights start getting shorter and the days start getting longer.

...

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