Why Was Alameda Tether's Biggest Client? w/Crypto Critics Corner

Cas Piancey and Bennett Tomlin are investigative reporters for Protos.com and cohosts of the venerable Crypto Critics Corner podcast. They join David Z. Morris to discuss evidence that Alameda Research was arbitraging the stablecoin Tether to users in Asia, at huge scale, and possibly in service of illegal activity. We also dig into the deeper connections between the FTX group and Tether, including their shared efforts to buy Farmington State Bank ("Moonstone Bank"), and gain access to the U.S. FedWire system. Other topics include: * Why the notorious Crypto Critics actually think Bitcoin is “super cool.” * The implications of American monitors tracking activity on Binance. * Deltec Bank’s reliance on Chinese capital. * Why nuanced critical thought is dying on the Internet.

Find more episodes of the Dark Markets podcast at: https://davidzmorris.substack.com/podcast Dark Markets is produced by Eleanor Pahl and features music by Altus Noumena.

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