Justin Sun is probably insolvent - Episode 152

Cas Piancey and ‪@bennettftomlin‬ discuss Justin Sun's empire, and the fact that he does not seem to have enough money.
This video was recorded on May 1st, 2024.
Read more: cryptocriticsc...
Additional episodes mentioned in this episode:
Playlist of videos about Justin Sun
• Justin Sun
Episode 122 - Justin Sun Owns TrueUSD
• Justin Sun Owns TrueUS...
Episode 90 - Draconian Financial Regulation and the Argument for Tether (feat. Boaz Sobrada)
• An Argument for Tether...
Additional resources:
Protos coverage of Poloniex and WBTC
protos.com/pol...
Protos coverage of USDD reserves at HTX
protos.com/jus...
Protos coverage of TrueUSD market-cap collapse
protos.com/jus...
Protos coverage of false Diplomatic Immunity
protos.com/sco...
Protos reporting on stUSDT
protos.com/on-...
Other places to find Crypto Critics' Corner
Website: cryptocriticsc...
Discord: / discord
Bluesky: bsky.app/profi...
Mastodon: mstdn.social/@...
Twitter: / cryptocriticpod
Instagram: / cryptocriticpod
TikTok: vm.tiktok.com/...
Bennett's KZbin: ‪@bennettftomlin‬
Bennett's D&D KZbin: ‪@BTDND‬
Bennett's BlueSky: bsky.app/profi...
Cas' BlueSky: bsky.app/profi...
Bennett's Mastodon: mstdn.social/@...
Bennett's Twitter: / bennetttomlin
Cas' Twitter: / caspiancey
Bennett's Newsletter: TheFUDLetter.com/
Cas' Blog: / thecaspiancey
Bennett's Blog: bennettftomlin...
Timestamps:
#crypto #cryptocurrency #podcast #podcasts #listenable #justinsun #tron #trx #usdd #poloniex #htx #huobi

[@Nohandleentered]

I guess we should’ve seen this coming as soon as he renamed Huobi to HTX. He was clearly signaling what was coming 😂

[@dgalloway107]

You said my bait word. "Insolvent". I just cant resist.

[@David_Lloyd-Jones]

When I was an accountant, yea these many long years ago, I spent a year as a junior at a Big Four firm, doing the scut work that all juniors have to do for a while: bank audit. This sometimes meant running into heavy hitters' accounts, and a surprising number of these -- or at least of the ones that came to auditors' attention -- included chunks of Las Vegas "assets." I asked one of my seniors what we should do about these, being as they seemed to vary, randomly and without any auditable paper trails. The guy said "We just ignore them: they all go to zero." Sounds like an earlier version of today's Justin Suns.

[@trinkschokolade]

Ah, another sunny day! Thank you guys, a pleasure as always!

[@gswdeclan]

"Ponzi scheme can't go on indefinitely" and water is wet.

[@jaredbissenden6230]

Justin Sun? Pfft, wen Justin MOON?

[@elizabethwoodley4340]

Thanks so much for explaining wrapped bitcoin, as a financial crime fan(?) I’d heard of it but never bothered to look it up 😂 also loved the part at the end, such a sweet invitation to come visit the US for a little chat 💕

[@TheseColoursDontRun]

ALLEGEDLY your favorite person

[@pdfads]

Grenada sells citizenship (including immediate family) for $150,000. A minor diplomatic post probably costs extra.

[@randombrokeperson]

This is the earliest I’ve ever been. 6 minutes

[@TheseColoursDontRun]

Ty as always for the episode

[@BradKwfc]

The Crypto space reminds me of the mentality on the freeway when everyone is speeding. "If we're all stealing and laundering together, we're less likely to be caught." They don't realize the Govs might be slow to react, but once they do, they'll get you EVERY time😅

[@jimpollard9392]

Does he list Casscoin?

[@Kimchi_Studios]

Cass? As in the Korean beer? 😂

[@fakename1656]

I swear i heard bennets voice doing a voice over during a munecat video on evolutionary psychology. I had to rewind it but i swear it was him

[@CryptoCriticPod]

Yep, that was him

[@fakename1656]

@@CryptoCriticPod thanks for letting me know I am not crazy. Appreciate your guys work

[@picahudsoniaunflocked5426]

Liked for the title alone.

[@picahudsoniaunflocked5426]

Justin must be hodling to his Cat Coin to save him.

[@wayneflint8077]

I can't leave a thumbs up with KZbin.. So here is a thumb up!

[@gonzalotoscano3310]

I would watch that episode with Justin Sun as a guest, would be so cool if it was a live stream and you could shill Cas coin there too, win win situation!

[@REEEEDACTED]

plz make merch i want an xl black crypto critics tshirt or hoodie plz

[@gotamd]

I'm sure Justin will join you guys as soon as you get JL Van der Velde.

[@CheddarKungPao]

More like baloney-x. You're welcome.

[@andrewpascal6096]

Let’s go

[@dipi71]

12:27 It's a jungle out there…

[@mcspud]

Turns out Justun Sun rocks up next week. That would be lol

[@REEEEDACTED]

meow amirite

[@ZKtheMAN]

_Probably?_

[@Clay_Tucker]

I just am now doing a deep dive on Tron. I noticed that this video is from May. have you all changed your perspective as we head into September? I am seeing positive new stories and rising prices and rank as well as Meme coin mania and tether using Tron so Im confused. have things changed since May or do you all hold the exact same opinion as you did back then? keep in mind. Im asking about the Blockchain/token not the poor ethics of the man.