Yearning For “4:FUD!”
Way back when there were people in the world (“people” being a generous turn of phrase) who believed Binance was not a criminal organisation. A few of us constantly demurred and were proven correct.
Pity Party For Sam
The pity party is in full swing as the guilt-free Fried’s hyphenated and not are all piling in to see ‘poor innocent sammy’ (their view, not one we share) given as little jail time as possible because…
Poachers Turned Gamekeepers
Weeks after the “Superbrawl,” that American festival of advertising with a football match book ending the glossy optics, we may be poised for something like “Supergrass Sunday” looming on the horizon.
Pig Butchering V2.0
Now however a Texan pensioner, one Leonard Licht has Binance and indeed CZ right in his sights...
Is There Gold in DLT?
There’s an interesting side investment by the Japan Exchange Group targets digital gold - literally...
Trainwrecking As Usual
So when the ultimate drop in crypto digital asset transaction cost takes place, so the crypto V1.0 economy is doomed?
Extraditing Do Kwon
There’s EU scepticism about crypto ETFs which will clearly annoy those who see MICA as the great white hope for crypto.
From Icarus to the Phoenix
“Burnt by the Sun,” is a magnificent movie from the canon of Russian director Nikita Mikhalkov. Relevance to crypto: we will get to that later.
CeFi Strikes Back
There is more than a hint of irony to the concept that the world’s new all singing, all dancing blockchain thing behind cryptocurrency, has to be shunned in order to get people trading / investing.
Onward To Delusion
Sullivan & Cromwell may yet upend that thesis as they have been sued by FTX investors for allegedly helping SBF’s delusional concept of management...
Heading Towards DeFa!
A teensy touch of hubris shone through and that’s always worrying in crypto where DeFi is arguably a thing while hubris remains a permanent stain on the whole edifice.
That said, I have absolutely no idea why somebody would back yet another crypto custody play and particularly not with this amount of money at this stage...
Criminal Minds (Vol Umpteen)
I suspect the truth is more likely to be that the custody solutions are running out of money with a paucity of genuine investors in the vicinity of crypto or blockchain-based digital assets.
In the CZ case, it remains simply ludicrous that overseeing a criminal organization with an insouciance towards regulatory practice could herald a mere maximum 18-month sentence…