Jordan Belfort
At first glance, the wolf of Wall Street himself, Jordan Belfort, seemed like the perfect incarnation of the crypto evangelist, or at least the Web3 proponents who try to weasel users into bad investments just to expand their projects and their personal portfolio. However, Belfort was first skeptical about blockchain and crypto, even going so far as to call bitcoin “a fraud” back in 2017.
Well, he’s changed his tune since then. Now, financial news outlets and desperate crypto hopefuls like to hit up or pay the known huckster who once defrauded people in his own pump and dump schemes to tell them more about how to make money off the crypto scene (which is home to its own massive slate of pump and dumps, mind you). Though Belfort shies away from any outward talk of investing in any one dubious bitcoin project, his heel turn shouldn’t be seen as a good look for an industry that’s trying to battle its way past intense calls for regulation.
