12min chapter

The Majority Report with Sam Seder cover image

2417 - The Crypto Scam Presidency & Justice Dems 2.0 w/ Jacob Silverman; Usamah Andrabi

The Majority Report with Sam Seder

CHAPTER

The Dark Mechanics of Cryptocurrency Schemes

This chapter explores the dubious nature of cryptocurrency investments, particularly through the lens of a classic pump and dump scheme involving a Trump-related coin. It dissects the mechanics behind such scams, highlighting the lack of real value and the predatory practices aimed at exploiting investors. The conversation also touches on ethical concerns and the implications of political figures utilizing crypto for questionable gains in a speculative environment.

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