We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Crypto Pump & Dumps Have Become the Ugly Norm. Can They Be Stopped? - Ep. 834

Crypto Pump & Dumps Have Become the Ugly Norm. Can They Be Stopped? - Ep. 834

2025/5/13
logo of podcast Unchained

Unchained

AI Chapters
Chapters

Shownotes Transcript

The Movement Labs scandal exposed more than just one bad deal –  it pulled back the curtain on a widespread problem in crypto: how some market makers, founders, and VCs play games to make money — whether the project succeeds or not.

In this episode, Laura speaks with José Macedo of Delphi Labs, Omar Shakeeb of SecondLane, and Taran Sabharwal of STIX to explain:

-

How market makers are supposed to work, and how they operate in crypto

-

Why insider selling is more common than you think

-

How projects like Movement, Mantra, and others exploit launch day hype

-

Whether VCs often enable this behavior with side deals that retail never hears about

-

And what the industry needs to do to fix this broken system

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

-

Bitwise)

-

José Macedo), founder at Delphi Labs

-

Omar Shakeeb), cofounder of SecondLane

-

Taran Sabharwal, founder and CEO of STIX.

Movement Labs:

-

Unchained: How MOVE’s Contracts Put a Pump and Dump Into a Legal Agreement)

-

CoinDesk: Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisers and Hidden Middlemen)

Market making:

-

__The Chopping Block: Can Crypto Clean Itself Up? Market Structure, Trust, and Regulation __)

-

Mantra Founder Is Burning 150 Million Tokens. Would He Try to Get Them Returned?)

Timestamps:

👋 0:00 Intro

🤝 1:51 What Omar’s and Taran’s companies do

🎭 3:40 How market making works and how crypto twists the model

⚠️ 9:35 Why crypto’s market maker incentives are broken by design

🛠️ 16:25 What it would take to fix shady market maker behavior

🚩 26:20 How some founders exploit launch day hype to dump on retail

🧠 38:11 Did Mantra’s JP pull off a “genius” move or manipulate the market?

🔍 42:22 Whether crypto traders do any research before apeing in

💸 52:48 How founders are incentivized to dump their own tokens

🏦 59:09 Why VCs may be fueling this problem with insider deals

📉 1:02:37 What crypto needs to learn from traditional finance

✅ 1:06:13 The biggest fixes the industry must prioritize to stop these scams

Learn more about your ad choices. Visit megaphone.fm/adchoices)