What Goes Up
A ‘Crypto Rabbit Hole’ That Leads to Human Trafficking
Bloomberg reporter and Number Go Up author Zeke Faux started off looking at Tether, but ended up investigating modern slavery in Cambodia.
This article is for subscribers only.
Listen to What Goes Up on Apple Podcasts
Listen to What Goes Up on Pocket Casts
Listen to What Goes Up on Spotify
A few years ago, an editor asked Bloomberg investigative reporter Zeke Faux to take a look at the cryptocurrency Tether, a so-called stablecoin meant to precisely track the US dollar by backing it with real-world reserves. What followed was a tour through some of the most-colorful corners of the crypto world, from Mighty Ducks actor Brock Pierce’s yacht to FTX founder Sam Bankman-Fried’s digs in the Bahamas.