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Zeke Faux Books

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“Each represented an ownership stake in the future of art, the thinking went, or a DeFi investment that would revolutionize the world of finance. People paid millions of perfectly good dollars to add lines to crypto spreadsheets, to record that they owned a stash of Dogecoins, or a rare Bored Ape. By manipulating sheets like these, Sam Bankman-Fried had made himself into one of the world's richest men.”

ValueCryptocurrency
Book:Number Go Up: Inside Crypto's Wild Rise and Staggering Fall
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“But in the parking lot, a sign on a little booth caught my eye. It advertised money-transfer services in Vietnamese and Chinese. On it, I spotted a White "T" encircled in green. Tether's logo. It didn't prove anything, but it seemed odd that the first time I'd seen the symbol outside of crypto conferences was at an alleged human-trafficking hub.”

CryptocurrencyHuman TraffickingTether
Book:Number Go Up: Inside Crypto's Wild Rise and Staggering Fall
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“Sanders said that it was easy to open exchange accounts using false identification.  He'd signed up for accounts of his own under the name "Taylor Swift".  As verification, he'd sent in a photo of himself in drag, wearing a blond wig, heavy blue eye shadow, and a glittering dress, which displayed his abundant chest hair.  He said crooks who prefer not to dress in drag can buy accounts registered by other people for as little as $20.”

CryptocurrencyMoney LaunderingTether
Book:Number Go Up: Inside Crypto's Wild Rise and Staggering Fall
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“Levine said. "And that was so much more cynical than how I would have described farming. You're just like, well, I'm in the Ponzi business and it's pretty good." Bankman-Fried said that was a reasonable response. "I think there's like a sort of depressing amount of validity...”

Ponzi SchemeSam Bankman FriedMatt Levine
Book:Weidenfeld Nicolson Number Go Up Inside Cryptos Wild Rise and Staggering Fall.
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