Exchange Invest 299: July 18 2014

The big wake up call is dawning as it is readily apparent the LSEG is a post-market market infrastructure provider - a whole new and remarkable way to operate - or perhaps better put, dysfunction...

It’s a Bitcarnage headline for all the parish today - the JPEX collapse may have sucked up $182 million US which is barely more than the $157 million FTX liquidators are seeking from the former FTX HK affiliate but this crisis will impact crypto V1.0 globally.

Colombian drugs stacking up in Europe. Entrepreneur redemption risks in China. When humanity almost died & listening to Taylor in jail.

No news per se on the background to Ed’s disgrace but speculation continues to mount that there is M&A in the air for Cboe - I am not sure it’s the target…

As we explain in Bitcarnage today, the world of crypto has gone for a whole new paradigm shifting model - E2E or preferably: EsueE, the point at which literally everybody in the business sues everybody else.