David Z. Morris

Dark Markets

Bleeding-edge finance and technology analyst David Z. Morris, PhD (CoinDesk, Fortune) is your guide to the squirming underbelly of capitalism, where fraud is rampant, markets are irrational, money is imaginary, and the machines are even stupider than the rest of us. davidzmorris.substack.com

Author

David Z. Morris

Category

Technology

Podcast website

davidzmorris.substack.com

Latest episode

Jul 9, 2026

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Episodes

Leverage Research Returns, Live with David Z. Morris 09.07.2026

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

KOSA vs. Privacy, Live with David Z. Morris 02.07.2026

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

👁️ AI Exuberance, Binance Regulated, and SCOTUS on Executive Power - News Live with David Z. Morris 30.06.2026

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

Citation Hallucinations Live with David Z. Morris 21.05.2026

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

👁️ Live with DZM: The Tragedy of Barbara Fried 14.05.2026

A discussion and overview of this week’s newsletter, a deep dive into Sam Bankman-Fried’s appeals process. Thank you Susanne Berger , Laura K , Connie , Blue America , Tamar Kranick , and many others for tuning into my live video! Join me for my next live video in the app. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmo...

Live with David Z. Morris 07.05.2026

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

👁️ Video: Tornado Cash and Katie Lin 04.05.2026

Read the full original post here: https://davidzmorris.substack.com/p/tornado-cash-the-butchering-of-katie This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

How Silicon Valley Tech Bros Are Destroying Democracy Through AI, Crypto, and Fascist Ideologies 21.04.2026

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

👁️ OpenAI Red Flags: Live with DZM 01.04.2026

Apologies for the sound quality here - I was apparently still connected to my Bluetooth headphones. There’s also a brief, weird blackout at around the 4:00 mark, but stick with it, I come back! Thank you Susanne Berger , Don Buckter , TM , kbacon , Ellen Young , and many others for tuning into my live video! Join me for my next live video in the app. This is a public episode. If you'd like to disc...

👁️ The PolyFraud: Live with David Z. Morris 25.03.2026

Thank you Honey Badger , Jen , Jean , Kathy Colbenson , and many others for tuning into my live video! Join me for my next live video in the app. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

Stealing the Future: A Conversation with Daniel Pinchbeck 13.03.2026

I was extremely flattered to see author Daniel Pinchbeck show up for one of my recent book release events. We had a great conversation about Sam Bankman-Fried, crypto, and more. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

How Epstein Seeded The Great Crypto Grift 06.03.2026

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

Why Was Alameda Tether's Biggest Client? w/Crypto Critics Corner 17.06.2024

Cas Piancey and Bennett Tomlin are investigative reporters for Protos.com and cohosts of the venerable Crypto Critics Corner podcast. They join David Z. Morris to discuss evidence that Alameda Research was arbitraging the stablecoin Tether to users in Asia, at huge scale, and possibly in service of illegal activity. We also dig into the deeper connections between the FTX group and Tether, includin...

Secret Network: From "Privacy Coins" to Confidential On-Chain Computing, w/ Secret Labs CEO Alex Zaidelson 04.06.2024

This is a free preview of a paid episode. To hear more, visit davidzmorris.substack.com I sat down with my old friend Alex Zaidelson to talk about his current work as CEO of Secret Labs. He and his team, along with other related projects, are working to shift the conversation about on-chain privacy to focus on what they call “confidential computing.” While “privacy coins” like Monero and Beam (whe...

What is West Ham? w/ 0xKitsune 16.05.2024

This is a free preview of a paid episode. To hear more, visit davidzmorris.substack.com I sat down with notorious foxboy and international currency expert 0xKitsune to talk stablecoins, community, and crypto risk. Kits is pseudonymous and appears here as an avatar. Premium Subscribers listening through the Substack App will get a bonus 15 minute segment on the philosophy and mindset of crypto trad...

Are Eigenlayer and Ethena Time Bombs ... or is it just Post-Terra Trauma? w/ Bloq CSO Zane Huffman 22.04.2024

This is a free preview of a paid episode. To hear more, visit davidzmorris.substack.com In today's show, we dive into the risks of two major new DeFi products: The restaking protocol Eigenlayer and the yield-producing stablecoin Ethena. We get insights from a top-tier degen: Bloq CSO Zane Huffman. Huffman walks us through the time a restaking protocol blew up on BNB, and its consequences. But Zane...

Could TikTok Be Banned? w/Dexter Thomas 14.04.2024

This is a free preview of a paid episode. To hear more, visit davidzmorris.substack.com Dexter Thomas is a Pulitzer- and Emmy-winning journalist who has worked for the L.A. Times, and is the former anchor and correspondent for Vice News Tonight. He is also a PhD social scientist who met host David Z. Morris through their shared research and writing on Japanese Hip-Hop. In this episode, Dexter and...

"Gangster Style Behavior": Austin Campbell on Gary Gensler's SEC 02.04.2024

Austin Campbell is founder of Zero Knowledge Consulting, and a former risk and asset manager for JPMorgan, Citigroup, and Paxos. We sat down to peel back the curtain on who Gary Gensler really is: an ambitious careerist who, as far back as his time at the CFTC, cared more about immediate results than big-picture consequences. Now, Campbell says Gensler’s freewheeling campaign against crypto is ope...

Mike Dudas: Forward to Glory 15.02.2024

Mike Dudas is founder of The Block, one of the top cryptocurrency news sites. He’s since launched 6th Man Ventures, a crypto-focused fund, and LinksDAO, a global distributed golf club working towards a decentralized structure. He joins David to discuss legislative attacks on crypto; the end of Bitcoin Maximalism; his harrowing brush with Sam Bankman-Fried; and why 2024 will be a big year for Solan...

Dark Markets Episode 3: Sins of the Mother 31.01.2024

Show Notes for Dark Markets, January 31, 2024: Read the original essay “Sins of the Mother” at Dark Markets: https://davidzmorris.substack.com/p/sins-of-the-mother-how-the-8b-ftx Sins of the Mother, Part 2: The Theory and Practice of Raising a Criminal: https://davidzmorris.substack.com/p/the-theory-and-practice-of-raising Read Barbara Fried’s 2013 Essay “Beyond Blame” in the Boston Review: https:...

Tiffany Fong is a Better Journalist than Michael Lewis 15.01.2024

In this episode, David interviews Tiffany Fong – an investor activist and independent journalist whose extended post-arrest interviews with Sam Bankman-Fried played a major role in unpacking what happened in the FTX collapse. Tiffany first entered the public eye in 2022 as a victim of the Celcius collapse and alleged fraud, becoming a conduit for leaks from the company. She then interviewed Sam Ba...

This FTX Victim is Still Fighting 31.12.2023

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit davidzmorris.substack.com/subscribe

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