Whales Dumping Crypto? 🐳💩 Bad News For October 21, 2022

Dapper Labs is restricting Russian users thanks to new EU sanctions, Binance is training law enforcement around the world on how to combat crypto crime, and ether becomes deflationary for the first time since the merge. Whales are dumping USDC, Tether is now backed by T-bills and the ongoing Celcius saga continues.<br />Whales aren’t the only ones dumping. Travis is just getting back from a trip to the restroom. We’ve got a smattering of news and bad dad jokes for you on our Bad News episode #635 of The Bad Crypto Podcast.<br />TIME STAMPS<br /><br />00:00 - Intro <br />01:00 - Crypto marketcap <br />03:00 - Dapper Labs Sanctions Russian NFT Wallets; beware of custodial wallets<br />05:25 - CryptoQueen Fugitive Update on the OneCoin Scam; we interviewed author Jamie J Bartlett about the saga in Episode #632; <a href="http://badco.in/632" rel="noopener">http://badco.in/632</a><br />07:14 - Binance is training police how to understand crypto crimes<br />09:40 - ETH becomes a deflationary currency for first time since The Merge. We covered The Merge in Episode #630; <a href="http://badco.in/630" rel="noopener">http://badco.in/630</a><br />11:25 - USDT backed by T-Bills<br />14:00 - Celsius independent examiner quotes $3M-$5M. If you want to understand DeFi and the risks, listen to Matt Cutler on <a href="http://badco.in/608" rel="noopener">http://badco.in/608</a><br />16:30 - Crypto whales dumping USDC. Is Circle in trouble? <br />18:39 - Closing Remarks<br /><br />Full Show Notes at: <a href="http://badco.in/635" rel="noopener">http://badco.in/635</a><br />SUBSCRIBE, RATE, & REVIEW:<br />Apple Podcast: <a href="http://badco.in/itunesGoogle" rel="noopener">http://badco.in/itunesGoogle</a> Podcasts: <a href="http://badco.in/googleSpotify" rel="noopener">http://badco.in/googleSpotify</a>: <a href="http://badco.in/spotify" rel="noopener">http://badco.in/spotify</a><br />FOLLOW US ON SOCIAL MEDIA:<br />Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /