Fraud Stories: Terraform Labs Case (1st Ed.)

Overview

This course examines the Terraform Labs cryptocurrency collapse, a $40+ billion fraud, to highlight key fraud risks in emerging financial products. Participants will explore cryptocurrency fundamentals, stablecoins, and blockchain concepts while identifying red flags such as unrealistic returns, weak controls, and misleading use cases. The course also addresses investor psychology and regulatory violations, helping professionals apply critical thinking and skepticism when evaluating complex investment opportunities. Recorded January, 2025.

Highlights

• Fraud
• Internal controls
• Auditing
• Ethical issues
• Advanced accounting issues
• Risk management

Prerequisites

None.

Objectives

• Build awareness of real-world frauds.
• Recognize the factors that allowed the fraud to occur.
• Identify key fraud red flags and apply professional skepticism to emerging financial models.

Preparation

None.