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The Wolves of Fraud Street: Crypto’s Enron Era With Ben McKenzie

Progressive North Star by Progressive North Star
August 2, 2026
in The Lincoln Project
0



Actor-turned-crypto-whistleblower Ben McKenzie joins Rick Wilson for a brutal, no-bullshit takedown of the crypto industry just as Congress barrels toward two major crypto bills hitting the floor this week on Capitol Hill. From meme coins and “decentralized finance” scams to billion-dollar rugpulls, political bribery, and money laundering dressed up in Patagonia vests and TED Talk jargon, Rick and Ben break down how crypto became the preferred playground for grifters, oligarchs, libertarian weirdos, and every guy who says “bro” before pitching financial collapse. They unpack why Washington suddenly wants to legitimize the casino after years of fraud, who’s cashing in, and why the American taxpayer always seems to end up holding the empty bag while crypto bros flee to Dubai. It’s the great Ponzi scheme of our time — powered by hype, corruption, influencer cults, and vibes-based economics — and the wheels may finally be coming off in public.
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Ben McKenzie is on X @@ben_mckenzie. His movie, ‘Everyone is Lying to You for Money,’ is playing now in select theaters. His best-selling book, ‘Easy Money,’ is out now, wherever fine books are sold.

Rick Wilson is on X at @TheRickWilson, on Bluesky at @TheRickWilson.bsky.social, and you can check out Rick’s Substack at therickwilson.substack.com. You can check out more of LP’s work at www.lincolnproject.us and on X at @ProjectLincoln.

Visit www.quince.com/lincoln for free shipping + 365-day returns. #ad

Build credit fast and get your first month for just a dollar at getkikoff.com/lincolnproject today. Thanks to Kikoff for sponsoring us! #ad

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