Coin Edition -
- On Laura Shin’s Unchained Podcast, Dirty Bubble Media author James Block discussed the scams and frauds surrounding the crypto industry.
- Block believes many crypto projects don’t face customers in a legitimate way.
- The crypto skeptic labeled projects on the Ethereum blockchain as “scam as a service.”
In an episode of the Unchained Podcast, the author of the Dirty Bubble Media Newsletter, James Block, reveals why he believes crypto projects support fraud, and why he considers Ethereum as “Scam as a service.”
James Block, a doctor with a passion for finance and financial fraud, joined the crypto space back in 2021 and started investigating Tether stablecoin USDT. Today, he runs Dirty Bubble Media, a crypto newsletter that focuses on frauds and scams in the blockchain industry.
The first topic of the podcast involved the problems surrounding the legitimacy of crypto projects. James believes most projects nowadays don’t face consumers (either by selling tokens or other investments) in a legitimate way.
Speaking about legitimacy in crypto projects, Block said:
Any opportunity that’s offered to retail investors to actually invest in these things, to me, seems to be smoke and mirrors. And that is sad, but that’s the reality of the situation.The post Creator of Dirty Bubble Media James Block Claims Crypto Is a Scam appeared first on Coin Edition.