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The Connect- with Johnny Mitchell

Scam Artist Behind The BIGGEST Cryptocurrency Fraud In History Reveals All | The Connect

The Connect- with Johnny Mitchell

Johnny Mitchell

True Crime

4.3563 Ratings

🗓️ 27 January 2024

⏱️ 129 minutes

🧾️ Download transcript

Summary

Ray Trapani is one of the minds behind Centra Tech; a cryptocurrency company that defrauded HALF A BILLION DOLLARS from investors. He and two friends created the business selling the idea of a new tech that didn't actually exist yet. His story has trauma, wild parties, addiction, an imaginary CEO, faked deaths, Floyd Mayweather and so much more! Go Follow Ray! IG: https://www.instagram.com/raytrapani/ Join The Patreon For Bonus Content! https://www.patreon.com/theconnectshow Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Project Hail Mary is an extraordinary cinematic experience. You're a great scientist, Dr. Grace. The world is counting on you. Starring Ryan Gosling. So I met an alien. Two worlds, one impossible mission. We're going to save the stars. Project Hail Mary. Amaze, amaze, amaze. Seat first March 14th and 15th in Cinemas Everywhere, March 19th. The money's coming in slow at first.

0:21.4

All you're doing all day is just like refreshing the thing where you see the money coming in. Then out of nowhere, like 100 grand comes in. And then another 500 grand comes. And now you're, you know, a couple million a day, right? Like every single day, you're like, whoa, this is different. This is different. So I was basically like, I'm just going to murder the world.

0:37.0

Today's guest is Ray Tripani, star of the new Netflix documentary BitCon. Back in 2017, Ray was

0:43.5

involved in a cryptocurrency scam that defrauded investors out of hundreds of millions of dollars.

0:49.3

He and his buddies created a fake business centered around a piece of crypto technology that they sold to investors

0:55.2

as a revolutionary new idea. Now, by the end, they actually ended up developing that technology,

1:01.8

but by then it was too late. The FBI was already closing in. Ray chose to cooperate against

1:06.4

his co-conspirators, sending them to prison. Now, the documentary goes into details about the scam, but I wanted to know the person behind it.

1:15.1

And what I found surprised me.

1:16.9

I'll let you be the judge.

1:18.1

And as always, for a bonus episode with Ray, go over to patreon.com slash the Connect show.

1:24.2

Without further ado, I give you Ray Tripani right here on The Connect with Johnny

1:27.9

Mitchell. I basically take like the remaining 100, like 120,000 and I just fly to Vegas with it in cash.

1:35.3

And if I win, I'll pay all the debt back and just go back to working in construction.

1:39.8

I'm going to just risk it all or die.

1:43.1

That's when I see lights behind me start to flash. And I didn't even think. I just hit it. I was driving like my life depended on. Then I parked the car, popped out, closed the door, and I started running. And he pulls out a burner, shank. It's like six inches. And he passes it to me. And he goes, here, that's yours. Don't ever leave the cell block without this. He was the reason I made it out of that place alive.

2:05.1

Ray Tripani, at long last, star of BitConned. Welcome to the show. Thanks for having me. Yes, we're going to make you the most infamous white collar criminal. If I have anything to say about it.

2:16.6

Sounds good. Uh, yeah, that did not to say about it. Sounds good.

2:21.1

Yeah, that did not make you look good, that doc.

2:23.5

The doc is great, very well done.

2:25.2

You shine in it.

2:31.8

But you and your whole crew look like Long Island scumbags, you know.

...

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