New Pod Today!
Gabriel Shapiro, general counsel at Delphi Labs, and Collins Belton, managing partner at Brookwood P.C., dive into the controversial case of Avi Eisenberg, the self-described âapplied game theoristâ who was arrested in Puerto Rico on Dec. 26 on market manipulation and fraud charges. The two crypto lawyers discuss the caseâs potential impact on DeFi and DAO governance â and whether âcode is lawâ stands a chance in the courtroom.
Show highlights:
whether Aviâs manipulation of the markets constitutes fraudÂ
debating the crypto maxim âcode is lawâ
whether itâs wrong to use DeFi code in a âsmarter wayâ
how the Mango Markets exploit happened due to poor governance management
the consequences of Aviâs arrest for the DeFi space
whether MEV could constitute market manipulation, even if itâs democratized for everybody
whether members of the Mango Markets DAO are liable because of their role in designing the system
how Avi was ânaiveâ to think he could avoid legal liability by returning the funds
why Gabe thinks credit protocols are socially positive and why he hopes that prosecutors wonât âthrow everyone in jailâ
Whatâs Poppinâ?
by Juan Aranovich
Coinbase, the largest crypto exchange in the United States, announced Tuesday morning that it was firing 950 employees.
by Samyuktha Sriram
Mango Markets exploiter Avraham âAviâ Eisenberg has been charged with two counts of market manipulation by the CFTC.
by Samyuktha Sriram
Former FTX Director of Engineering Nishad Singh could be working out a deal with prosecutors, adding to the weight of evidence against Sam Bankman-Fried.
by Samyuktha Sriram
BlockFiâs management team did not withdraw their assets from the platform on the eve of its bankruptcy unlike Celsius, said the firmâs legal counsel in a bankruptcy hearing.
by Samyuktha Sriram
Voyager claims that Alameda Researchâs objection to a Binance.US buyout deal concerning a disclosure statement is hypocritical, saying the firm took issue with language that it used in its own statement issued two months ago.
On Unchained Premium
Kevin Kelly, the cofounder and head of research at Delphi Digital, shares his thoughts on the future growth and development of NFTs, gaming, DeFi and other related topics in the coming year.
In Other NewsâŚâď¸âď¸âď¸
The United States Department of Justice took possession of over $456 million worth of Robinhood shares that were owned by Sam Bankman-Fried and Gary Wang, the cofounders of FTX.
Within five days of filing for bankruptcy, FTX moved $10 million from its Dubai subsidiary to a US-based firm owned by Alameda Research.
According to a legal document filed in the bankruptcy case of the FTX, there are approximately 117 parties interested in acquiring some of the exchange's assets.
A court in California ruled that the founders of Yuga Labs, Wylie Aronow and Greg Solano, must be deposed.
The Nepal Telecommunications Authority instructed all internet service providers to block all activities related to cryptocurrency.Â
Germany's financial regulatory agency, BaFin, warned that hackers are using the "GodFather" Android malware to target mobile apps for both cryptocurrency and traditional banking.
Huobi's Korean crypto exchange plans to break its connection with Huobi Global and operate as an independent business.
Core Scientific, a Bitcoin mining company, increased its production of Bitcoin by 5.8% in December compared to the previous month, even as it reduced production due to a severe winter storm.
What Do You Meme
đ Your Market Update đ
BTC is up .19%, trading at $17,253
ETH is up .86%, trading at $1,330
BTC dominance: 37.64%
Crypto market cap: $883 billion
*All data as of today, 5Â am ET
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