Crypto Crooks
BitConnect Episode 3: Technically, You Kind of Lost Your Money
This week, we meet the online influencers who enticed victims into the BitConnect farce, and the pyramid-scheme model that allowed them to make millions doing it.
"Crypto Crooks" is sponsored by Chainalysis.
It takes a village to scam the world. Or at least some YouTube channels.
In the penultimate episode of “Crypto Crooks: BitConnect,” we talk to Scott Shaffer, who kept close tabs on the BitConnect team both before and after the collapse on his YouTube Channel, “Crypto Jedi.” He watched a series of charismatic, powerful YouTubers invite viewers into their pyramid scheme, getting richer with every fish they caught. And ultimately, he watched their greatest coup of all: turning their victims … into scammers themselves.
Clips:
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“Crypto Crooks” is a CoinDesk Podcast Production. The executive producer is Jared Schwartz, with additional production by Eleanor Pahl, Rob Mitchell, Nora Battelle, Jonas Huck, and Moon Beast. Fact-checking is by Amber Von Schassen, and sound design and music are by Altus Noumena. This show is written and voiced by David Z. Morris.
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