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Kadhim Shubber

Investigative reporter at The Financial Times, specializing in cryptocurrencies and financial markets. Contributed expertise on the Celsius bankruptcy case.

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Jul 20, 2023 • 22min

The UK companies acting like the police

This week, we explore the question of what it means to privatise justice. The FT's Kadhim Shubber explains how, in the UK, private companies are hired to file and prosecute legal cases — even when the police think those same cases shouldn't be tried. Kadhim and Lilah discuss how private prosecutions work, why they exist, and what it could mean for the future of the justice system.Correction: This episode has been updated to remove suggestions that private prosecution does not exist in the United States. Private prosecutions exist in a more limited form in the United States.--------------We love hearing from you! You can email us at ftweekendpodcast@ft.com, we’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links: – Kadhim’s magazine piece: https://on.ft.com/3qxsKGj – Follow Kadhim on Twitter @kadhim--------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com  Hosted on Acast. See acast.com/privacy for more information.
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Feb 3, 2023 • 38min

Why the Celsius Examiner Report Shows 'a Complete Disaster in Almost Every Way' - Ep. 451

Kadhim Shubber, an investigative reporter at The Financial Times specializing in cryptocurrencies, unpacks the shocking findings from Celsius' examiner report. He reveals how Celsius misused customer funds to inflate the CEL token, leading to severe financial mismanagement. Shubber discusses the dubious practices of CEO Alex Mashinsky and the troubling lack of transparency in the company’s operations. The conversation touches on potential criminal charges against Mashinsky and the broader implications for accountability in the crypto industry.

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