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Zeke Faux

👤 Person
378 total appearances

Appearances Over Time

Podcast Appearances

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

Yeah, I mean, I obviously think it's pretty interesting. I'm with you.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

earlier so even within the crypto world tethers had kind of a dodgy reputation for years it had to settle a lawsuit with new york's attorney general who had alleged that tether had lied about the dollars that were backing the coin and Because of this, Tether had a lot of trouble finding anyone to hold this giant pile of money, which is a key part of the business.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

earlier so even within the crypto world tethers had kind of a dodgy reputation for years it had to settle a lawsuit with new york's attorney general who had alleged that tether had lied about the dollars that were backing the coin and Because of this, Tether had a lot of trouble finding anyone to hold this giant pile of money, which is a key part of the business.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

earlier so even within the crypto world tethers had kind of a dodgy reputation for years it had to settle a lawsuit with new york's attorney general who had alleged that tether had lied about the dollars that were backing the coin and Because of this, Tether had a lot of trouble finding anyone to hold this giant pile of money, which is a key part of the business.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

You need someone who has access to like the American financial system to hold your money. But Tether was based like nowhere in the world. It's one of those sort of stateless companies. And it was having issues with this. So Lutnick, who runs like a reputable New York investment bank called Cantor Fitzgerald, he stepped up and he offered to hold Tether's money.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

You need someone who has access to like the American financial system to hold your money. But Tether was based like nowhere in the world. It's one of those sort of stateless companies. And it was having issues with this. So Lutnick, who runs like a reputable New York investment bank called Cantor Fitzgerald, he stepped up and he offered to hold Tether's money.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

You need someone who has access to like the American financial system to hold your money. But Tether was based like nowhere in the world. It's one of those sort of stateless companies. And it was having issues with this. So Lutnick, who runs like a reputable New York investment bank called Cantor Fitzgerald, he stepped up and he offered to hold Tether's money.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

And without that backing, it would have been a lot harder for Tether to keep growing and be as successful as it's been. And like we were saying before, this is a cryptocurrency company whose product has become really popular with criminals around the world. So what we've learned since that recently is that LUTNIC, as part of

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

And without that backing, it would have been a lot harder for Tether to keep growing and be as successful as it's been. And like we were saying before, this is a cryptocurrency company whose product has become really popular with criminals around the world. So what we've learned since that recently is that LUTNIC, as part of

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

And without that backing, it would have been a lot harder for Tether to keep growing and be as successful as it's been. And like we were saying before, this is a cryptocurrency company whose product has become really popular with criminals around the world. So what we've learned since that recently is that LUTNIC, as part of

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

agreeing to hold tether's money he also was able to purchase a stake in the company which is a big deal because tether it's incredibly profitable the company has like 100 employees and it makes more money than blackrock i think it made 13 billion dollars last year i mean this is a company that was dreamed up by a child actor from the mighty ducks which character from the mighty ducks

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

agreeing to hold tether's money he also was able to purchase a stake in the company which is a big deal because tether it's incredibly profitable the company has like 100 employees and it makes more money than blackrock i think it made 13 billion dollars last year i mean this is a company that was dreamed up by a child actor from the mighty ducks which character from the mighty ducks

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

agreeing to hold tether's money he also was able to purchase a stake in the company which is a big deal because tether it's incredibly profitable the company has like 100 employees and it makes more money than blackrock i think it made 13 billion dollars last year i mean this is a company that was dreamed up by a child actor from the mighty ducks which character from the mighty ducks

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

So not a main character. In the beginning, Gordon Bombay has a flashback and he plays like young Gordon Bombay who misses the penalty shot. Okay, young Gordon Bombay. All right. And it's run by this Italian guy who's a former plastic surgeon. who has never given an interview.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

So not a main character. In the beginning, Gordon Bombay has a flashback and he plays like young Gordon Bombay who misses the penalty shot. Okay, young Gordon Bombay. All right. And it's run by this Italian guy who's a former plastic surgeon. who has never given an interview.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

So not a main character. In the beginning, Gordon Bombay has a flashback and he plays like young Gordon Bombay who misses the penalty shot. Okay, young Gordon Bombay. All right. And it's run by this Italian guy who's a former plastic surgeon. who has never given an interview.

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

The guy who until recently was the CEO was so elusive that when I started looking into Tether a couple of years ago, people told me they thought the CEO didn't really exist. I tracked him down and he is real. This is like a very weird company that was really legitimized by Lutnik. And Lutnik started vouching for them publicly. He gave a

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

The guy who until recently was the CEO was so elusive that when I started looking into Tether a couple of years ago, people told me they thought the CEO didn't really exist. I tracked him down and he is real. This is like a very weird company that was really legitimized by Lutnik. And Lutnik started vouching for them publicly. He gave a

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

The guy who until recently was the CEO was so elusive that when I started looking into Tether a couple of years ago, people told me they thought the CEO didn't really exist. I tracked him down and he is real. This is like a very weird company that was really legitimized by Lutnik. And Lutnik started vouching for them publicly. He gave a

The Bulwark Podcast
Jared Moskowitz and Zeke Faux: Scams Galore

an interview to Bloomberg from Davos where he was like, hey, Tether, I've seen their money. They got the money. You can trust them, something like that. And that also was really helpful. So it was kind of controversial at his confirmation hearing. He got asked a lot of questions about his relationship with Tether and what he thinks about... It's used for money laundering.