This episode is sponsored by NYDIG.
On today’s episode, NLW breaks down the latest in a string of embarrassing leaks about how the world’s elite and wealthy use offshore accounts to obfuscate ownership and hide their wealth. He looks at:
- How the Pandora Papers compare to the 2016 Panama Papers and the 2017 Paradise Papers
- Examples of surprising revelations
- How South Dakota has become a wealth haven
- What the leaks mean for future crypto crackdowns
See also: Bank of America Launches Research for ‘Too Large to Ignore’ Digital Assets
“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Hiroshi Watanabe/DigitalVision/Getty Images, modified by CoinDesk.