Short-seller Jim Chanos talks bitcoin, Tesla, AI, and the 'dark side of finance' in new interview. Here are the 4 best quotes.

• Short seller Jim Chanos spoke with the Institute for New Economic Thinking about crypto, tesla, and AI.

• "You have to understand that the crypto ecosystem is well-suited for the dark side of finance," he said.

• Here are his four best quotes on crypto and other tech developments.

Though crypto markets are rebounding in the face of promising developments like the approval of the first US spot bitcoin ETF, the sector continues to suffer the same fundamental defects, famed short-seller Jim Chanos said.

In a new interview with the Institute for New Economic Thinking, the Chanos & Company founder laid out how the crypto sphere can be an avenue for financial fraud, challenges facing Tesla, and his views on the nascent artificial intelligence space.

Here are the legendary short-seller's best quotes from the interview:

Crypto and the dark side of finance

"You have to understand that the crypto ecosystem is well-suited for the dark side of finance for a lot of reasons. It's perfect for facilitating money laundering and illicit transactions. But also, there's the nature of the unregulated domiciles for a lot of this activity where someone can go to basically defraud customers, whether it's NFTs or ICOs or all the various types of digital flimflammery out there – it's perfect."

Bitcoin spot ETFs

In Chanos' view, recent efforts by investing giants to establish the first US bitcoin spot ETFs are another iteration of flimflammery, with the hope of profiting from crypto's high transaction fees.