2min chapter

Crypto Critics' Corner cover image

The Whistleblower Who Exposed WorldCom (feat. Cynthia Cooper & Daren Firestone)

Crypto Critics' Corner

CHAPTER

The Differences Between Crypto Promoters and Boiler Room Schemes

In the crypto world, we've got our analogs. Jack Grubman had his incentives wrong. He had every incentive to keep saying this is going to go up so that his bank can keep making the fees. These crypto promoters have an incentive to keep the good news coming because they hold those coins. And they have that power. In order to be a whistleblower, you don't have to be an insider. You can be an expert. As long as you have what's called original information. The birdie made off whistleblower was Zach Expeti who figured out that there was a fraud going on at Bitmex.

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