Crypto Scams (Full Episode) | Trafficked with Mariana Van Zeller | Nat Geo

This podcast investigates cryptocurrency rug pull scams, interviewing both victims and perpetrators. The interview with a group of young scammers in Dubai reveals their lavish lifestyle funded by these scams, their methods, and their surprisingly nonchalant attitude towards the financial ruin they cause. A victim-turned-vigilante explains his efforts to expose scammers through online forums and bounty programs. The podcast highlights the ease with which these scams are executed, the lack of legal recourse for victims, and the significant financial losses involved (nearly $3 billion in rug pulls in 2021). Ultimately, the podcast underscores the vulnerability of cryptocurrency investors and the challenges in combating these sophisticated scams.