Episode 415: A new 'Genesis' for the Crypto Winter of 2022? (Crypto Series Part XXIII)

This is part 23 of the crypto series. In this episode we review an article from The Wall Street Journal (subscription required) titled “Crypto billionaire is accused of fraud.” Barry Silbert, one of the original crypto moguls, is being accused of fraud through his defunct company Genesis Capital. What makes this really interesting is that the creditors in the case allege that the ‘Crypto Winter of 2022’, that most believe started with two crypto tokens – TerraUSD stablecoin and the Luna Token, actually started in 2021 with Grayscale Bitcoin Trust. This case could end up rewriting the history of what ultimately caused the collapse in crypto markets in 2022.