The Weyrd and Wyld Story of Wyre - Episode 141

Cas Piancey and ‪@bennettftomlin‬ discuss Wyre, another cryptocurrency payments processor involved with fraud.
This video was recorded on October 20th, 2023.
Read more: cryptocriticsc...
Additional episodes mentioned in this episode:
Episode 137 - SBF asked FTX’s lawyer to make up excuses for missing money (feat. Danny Nelson)
• Sam Bankman-Fried aske...
Ryan Breslow gave away DAO to fraudster
• Ryan Breslow gave away...
KZbin video about ECO lying about yield
• Eco lied about their y...
Episode 125 - How to Steal Almost $100 Million: Prime Trust goes Bust
• How to steal almost $1...
Episode 121 - Prime Trust, TrueUSD, and Offshore Finance (feat. Jonathan Reiter and Patrick Tan)
• Prime Trust, TrueUSD, ...
Episode 23 - Binance: the Tai Chi Document
• Binance: the Tai Chi D...
Episode 6 - Crypto Capital Corp: the quiet billion dollar cryptocurrency scam
• Crypto Capital Corp: t...
Episode 39 - Fuck the SEC, all my friends hate the SEC
• F*ck the SEC, all my f...
Episode 70 - The Rise and Fall of Reggie Fowler
• The Rise and Fall of R...
Additional resources:
Protos coverage of Ryan Breslow's many disasters
protos.com/the...
Protos coverage of Wyre problems
protos.com/wyr...
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 #podcasts #listenable #binance #wyre #bolt #ryanbreslow

[@beaker-yt]

"If it's deflationary, why is it down 88%?" "Is that not deflationary enough?" Can't stop laughing. Comedy gold!

[@tehislander]

Not Wyre! Who could have seen this coming???????

[@DJBenito304]

😮not wyre!!!

[@ronarnold1507]

Oh no. Binance is involved with fraud?! We must alert the king.

[@AlbinoMutant]

Always interesting, guys. I swear Bennett has an internet connection in his head.

[@scottkirby5016]

One of the bits that gets me with the OF (or many cannabis shops) banking issues is that it produces a grey area. Everyone knows they can't pass KYC but everyone knows it is BS and so is morally cleared to pass them through. And it is a lot easier for someone who is a massive problem, drug deals, terrorists, etc to mask as a grey area unbankable group and get waved pass KYC than something on the up and up. Crypto in general is much the similar and so it makes groups that aim to go for that market (oh hi Moonstone Bank what are you doing here) fertile group for even more problematic groups. Also the effects on consolidation and a radical change in basic view of anti-trust between the S&L crisis and Arthur Andersons demise (which is what, I think, set the tone for the GFC response) is what made so many cogs to big to fail and why we see so few prosecutions in white collar crimes (along with laws redefining corruption with tank sized loopholes, and taking most of the white collar division of the FBI and sending them to the anti-terrorist branch etc) Also wonderful signoff....

[@JohnDoe-iv7yu]

Can't believe ANYONE is still involved in crypto after ALL that has happened in the past couple years. Truly astonishing.

[@bacool]

Hopium. There are people who still believe SBF is gonna raise 10b to fill the hole

[@neilwani1178]

​@bacool I will bet you a million FTT tokens Sam will come up with the funds.

[@reddragonflyxx657]

​@@neilwani1178For some reason FTT is still trading slightly over $1.

[@picahudsoniaunflocked5426]

4:08 "...surprise (?), he went to Stanford..." You need to clip this so you can drop in the edit every time it happens. I humbly beg CCC once again for a very special episode on this den of heck + inequity called "Stanford". Oh please please please.

[@theroyalcrane]

Wyre fraud you say?

[@BeautifulEarthJa]

bwahahahaha

[@zacharywills9535]

Crypto Critics Corner dropping the breakdown.

[@m389nkfpe03]

Does anyone have a list of failed crypto currency credit card processors by any chance? Thanks

[@Thomas-y3w]

BlockOne is the largest holder of Bitcoin lol

[@harrickvharrick3957]

At least it's seems they did not scam anyone. Which is good, in my books.

[@Ben-kz2km]

8:55 Please don't say "fiat", you sound like a crypto bro. Call it "actual money" or "USD" or whatever please.

[@picahudsoniaunflocked5426]

I enjoy the extra spice off them code-switching between Bro talk + real talk.

[@MrBadjohn69]

Wait.....we do?? Priceless!

[@janeg8274]

I just want to say Thank You Both again.. I totally understand that 99.9% of your listeners are very smart young ppl but I am nether young or smart( I am 64 and worked with behavior problem kiddos for 24 years) However even this old lady has learned SO much! I still have to google terms but I am learning.. at this point Not to put $$ in crypto until I learn a lot more!!!

[@Jupiter_Crash]

Agree!!

[@lug.5329]

Please do not put money at all

[@xavdeman]

Stay away from crypto in general. It's one big scam.

[@oghenemarho5694]

It seems that the biggest risk in crypto isn't the cryptocurrencies or tokens themselves, but the crypto platforms.

[@bacool]

It’s everything around every corner lol

[@daintybeigli]

A pinky promise would be a step up in accountability for a lot of these companies!

[@siener]

If/when we ever find out the inner workings of Binance, I expect it to be every bit as messed up as FTX. But both of those pale in comparison to what we'll find if Tether is ever held accountable...

[@surfsoccer101]

That was the best end of a podcast yet

[@mcspud]

Wyre'd you be surprised?

[@ShinojiResearch]

It's not wyrefraud.

[@cosmo3665]

CassCoin is going to the moon 🚀

[@picahudsoniaunflocked5426]

hodl Cas Coin, roger that

[@MikeydeLaraCovers]

Um… it’s the Tuesday after the SBF trial. And you guys haven’t put out a video a). That you promised with the guest you always refer to and b). Covering the verdict. Are you ok? Is someone sick?

[@codygunter4379]

Thank you as always,

[@leesnyder9144]

as you release more videos it is like Cas is slowly turning the temp up on Bennet on these cas-coin updates. Like when Bennet guarantees that the people invovled in cas-coin have not been convicted of fraud and Cas is Like what!!!?

[@harlander-harpy]

Epysode 141

[@picahudsoniaunflocked5426]

Cas Coin is engineered personal financial fiefdom for every smart giver-over-to-money-manage-for-us-er. [Ok so I was going for "freedom" but it felt apt to leave it at "fiefdom"; Freudian typo.] Please never stop Cas-Coin-play. Maybe a line won't go up, but it invariably raises my spirits. Cas Coin mints laughter.

[@stevedoresongs1]

😢

[@geosco1165]

All roads lead to XMR Monero Ignorance will fail

[@jaredbissenden6230]

CASCoyn ys workyng tyrelessly to replace every syngle letter "i" (apart from that one) yn theyr publyc statements. Why? (Pun yntended), because replacyng "i" (also not thys one) wyth "y" ys the modern equyvalent of replacyng "s" wyth "z"