73 The Brutal World of Crypto: Fighting Fraud
Crypto is risky: proceed with caution (personally, I would advise staying away). In this episode, the hosts take you into the Wild West of finance—crypto—and look at the blow-ups of recent years. We explain how a Ponzi scheme reached a scale of US$60 billion; why a star hedge fund hailed as the “pride of Singapore” suddenly collapsed; how a tech unicorn endorsed by sports stars became a vehicle for fraud; and how hackers from a certain place approached their prey in the dark and stole their money. Lambda also shares the story of his own turn as “The Big Short”: how he predicted the coming wave of blow-ups and “successfully” bet against the market. This episode focuses on crypto and finance, but there is no need to worry: we have added explanations of the terminology to the show notes to make it easier to follow.
Original Chinese title & description
73 币圈残酷物语之反诈
币圈有风险，进入需谨慎（个人最好是不要）。本期主播带大家走近金融世界的狂野西部——币圈，看看那些年，币圈爆的雷。在节目里，主播会向大家解释庞氏骗局如何做到600亿美元的规模；“新加坡之光”的明星对冲基金为何会轰然崩塌；球星站台的科技独角兽沦为诈骗工具；以及某地黑客又怎样在黑暗中接近猎物、偷走钱财。此外，本期节目中Lambda还会分享自己变身“大空头”的来龙去脉，他又是成功预测“滚滚雷声”并“成功”做空的经历。 本期是币圈和金融的主题，不过大家不用担心，我们在 shownotes 里加了术语解释，便于大家理解。
Participation credit “本期参与者”：沙青青（微信公众号：13号埋立地、小红书：Sha-13号埋立地）。
Original episode page ↗