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The Bulwark Podcast

Jared Moskowitz and Zeke Faux: Scams Galore

The Bulwark Podcast

The Bulwark

Politics, News, News Commentary

4.68.9K Ratings

🗓️ 19 February 2025

⏱️ 59 minutes

🧾️ Download transcript

Summary

Crypto should be one of the biggest stories out of the Trump administration, but the crypto guys are really good at making it seem more complicated than it is. Bloomberg's Zeke Faux joins Tim to run down the ins-and-outs, and the players—including the Chinese businessman facing SEC charges who swears the $56 million he gave Trump has absolutely nothing, zero, zilch to do with his case. Meanwhile, we're about to find out how much Republicans really care about the deficit with the coming budget, and the Democrats must not cave. Plus, Elon's crappy math, America would not get anything out of Trump's deal with Russia, and Tuesday's violence in an Orthodox Jewish neighborhood in Brooklyn.

Rep. Jared Moskowitz and Zeke Faux join Tim Miller.

show notes

Transcript

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0:00.0

Hello and welcome to the Bollard podcast.

0:09.9

I'm your host, Tim Miller.

0:11.4

Super pumped to have a reporter today who is focused on something that I'm obsessed with.

0:16.1

He's the investigative reporter for Bloomberg Businessweek in Bloomberg News and author of Number

0:19.7

Go Up Inside Crypto's Wild Rise and Staggering Fall out now in Paperback.

0:24.6

It's Zeke Fox to talk all things crypto.

0:27.5

How you doing, Zeke?

0:28.5

Great. Thanks for having me on, Tim.

0:30.6

Dude, thanks for doing this. I'm obsessed with this.

0:32.7

I'm of the view that the crypto scams will probably be a top three to five story of the Trump

0:38.6

years when all is all is said and done. And I think that a lot of the media outlets don't

0:44.4

give this quite as much attention because like the demographics of the news consumers don't

0:50.7

overlap with crypto world much. A lot of them don't really even understand it.

0:59.0

And then a lot of the people in journalists world have such contempt or just like culturally or separate from the types of folks that are really into crypto.

1:02.2

And so it leads to like not getting ignored.

1:04.2

And obviously you're not ignoring it.

1:06.3

But I'm wondering if you kind of agree with my assessment of obviously i would assume you agree that this

1:11.8

is undercovered since it's your beat i wonder what you think about that about my assessment for why

1:16.4

definitely i mean the crypto guys are very good at making it seem like they have a lot of jargon

1:22.7

they make it seem like there's some sort of really complicated and important technology that

1:27.4

we're talking

1:27.7

about. And it makes you thinking to your back of your mind if you don't know that much about this.

...

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