Welcome to “The Chopping Block” – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner, chop it up about the latest news. In this episode, the Blockchain Association’s Jake Chervinsky breaks down the cases against Binance and Coinbase – and how they are different from FTX – what it means for the crypto industry, and who may be next.
🤝 Binance's lawyers allege that SEC Chair Gary Gensler had offered to be an "informal advisor" to Binance prior to his tenure at the SEC. They believe this history should disqualify Gensler from participating in the ongoing case against Binance.
🔍 According to SEC allegations, Binance CEO Changpeng Zhao received billions in customer funds through his holding company, Key Vision Development Limited.
⚖️ Despite facing lawsuits from regulators, Coinbase CEO Brian Armstrong stated at the Bloomberg Invest Conference that the company will continue offering its crypto staking service.
🏛️ The U.S. government contested the customer-repayment plan proposed by the bankrupt cryptocurrency exchange, Bittrex, due to outstanding debts related to sanctions violations.
🚫 The U.K.'s Financial Conduct Authority (FCA) is preparing stringent regulations for cryptocurrency advertising, including its classification as a high-risk investment and prohibition of promotional incentives.
📝 BEUC, a collective of European consumer organizations, filed a complaint urging major social media platforms to tighten cryptocurrency advertising rules and prohibit influencers from promoting digital currencies.
🐦 Amid SEC's lawsuits against Binance and Coinbase, various crypto entities have shown their solidarity by minting Coinbase's "Stand with Crypto" NFT.
📺 The case against Kim Kardashian regarding her endorsement of EthereumMax (EMAX) tokens on social media will proceed, as a California judge rejected her dismissal request.
💵 Do Kwon’s controversial bail has come under the scanner as outgoing Prime Minister Dritan Abazovic has urged prosecutors to investigate Kwon’s connection with Europe Now political movement leader Milojko Spajic.
🎙️ Behind-the-scenes interviews, in which I talk with crypto experts and entrepreneurs to learn all about the latest developments in the industry.
💬 A subscriber-only Telegram group, where you can talk with the other members of the Unchained community, build a network in crypto, and talk directly with me and the Unchained team!
📰 Transcripts of all the shows, for subscribers only.
Safeguard your crypto accounts and communications with Proton Mail. Join 100M+ people who secure their emails with end-to-end encryption and advanced tracking and phishing protections.
