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Crypto Revolution: How Bankman-Fried Brought Bernie Madoff's Ponzi Scheme Into the Crypto World

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Manage episode 356687071 series 2985892
Innhold levert av IAFCI.org. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av IAFCI.org eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Ponzi schemes have been around since 1920. But Sam Bankman-Fried weaponized Ponzi schemes into the 21st Century. An old scheme perpetrated through cryptocurrency leaves the world with 5 billion in losses. How did it happen, and how do we prevent it from happening again?

Today on The Protectors, Mike and Mark welcome Michael Fasanello. Michael is a private sector compliance professional and former Federal Regulator specializing in Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), global sanctions, and other illicit finance. Michael's knowledge and expertise in the field of crypto and digital currencies are unmatched, and today he provides us with the ins and outs as well as the pros and cons of living in this era of digital currency. Mike will examine the FTX investigation and shed new light on how we can prevent future cryptocurrency Ponzi schemes from happening again.

GUEST CONTACT INFO:

Michael Fasanello LinkedIn: https://www.linkedin.com/in/bl0ckchain

Twitter: https://twitter.com/Bl0ckchainMike

AnChain.AI: https://anchain.ai/

The Protectors: IAFCIProtectorspodcast@gmail.com

  continue reading

70 episoder

Artwork
iconDel
 
Manage episode 356687071 series 2985892
Innhold levert av IAFCI.org. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av IAFCI.org eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Ponzi schemes have been around since 1920. But Sam Bankman-Fried weaponized Ponzi schemes into the 21st Century. An old scheme perpetrated through cryptocurrency leaves the world with 5 billion in losses. How did it happen, and how do we prevent it from happening again?

Today on The Protectors, Mike and Mark welcome Michael Fasanello. Michael is a private sector compliance professional and former Federal Regulator specializing in Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), global sanctions, and other illicit finance. Michael's knowledge and expertise in the field of crypto and digital currencies are unmatched, and today he provides us with the ins and outs as well as the pros and cons of living in this era of digital currency. Mike will examine the FTX investigation and shed new light on how we can prevent future cryptocurrency Ponzi schemes from happening again.

GUEST CONTACT INFO:

Michael Fasanello LinkedIn: https://www.linkedin.com/in/bl0ckchain

Twitter: https://twitter.com/Bl0ckchainMike

AnChain.AI: https://anchain.ai/

The Protectors: IAFCIProtectorspodcast@gmail.com

  continue reading

70 episoder

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