Newsletter
Issue 41 – This is not the Binance you're looking for
The crypto news outside of the FTX trial is... just more lawsuits against all the other crypto company founders.
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The crypto news outside of the FTX trial is... just more lawsuits against all the other crypto company founders.
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And they say crypto is dead: two $200 million disasters in a single week may be a new record.
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The SEC is stuck in Binance's "house of mirrors", SBF's parents are officially defendants now, and a Hong Kong crypto exchange hurtles towards collapse.
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Also: soccer scammers, Bitcoin tire fires, and a crash course in how to most clearly describe your NFT project as an unregistered securities offering.
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Things are heating up as the FTX trial looms, various crypto companies try to outmaneuver the SEC in court, and mainstream media crypto boosterism enjoys an unexpected revival.
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"Just because the defendant was more subtle than a mobster doesn't mean it's OK."
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Also, degens on the leetest blockchains get hax0red.
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Sam Bankman-Fried might be going back to jail, re-entrancy attacks galore, and a bad week for gambling-related payment processors.
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... and other questions you should probably answer before you decide to steal $9 million.
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Also, all my apes (once again) liquidated, too many people try to short the NFT market, and NFT protocol developers head for greener pastures.
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His palms are sweaty, knees weak, arms are heavy.
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A week of ironically-named failures added to the continuing chaos from the SEC's crypto crackdown.
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The SEC is gearing up for battle with two crypto giants.
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A $100+ million grift week also featured Grumpy Cat cease-and-desist NFTs, eyeball black markets, and a rumored team arrest.
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We may never get to play a $45 million AI-powered NFT mecha-cockfighting game. Thanks a lot, Gary Gensler.
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French celebrities rug pull, Binance backs out, and Hamas gives up on Bitcoin.