📰 The Deets on SBF’s New Judge 👨‍⚖️

In today's edition: New pod with Martin Shkreli, China's new NFT marketplace, FTX's subsidiary to reopen withdrawals, Bahamas holding billions of FTX assets, and more!

December 30, 2022

New Pod Today!

Martin Shkreli, entrepreneur, investor and convicted white-collar criminal, talks about the new judge assigned to the case against Sam Bankman-Fried, whether Sam’s going to plead guilty or not, and the potential involvement of his family in the lawsuit.

Show highlights:

  • whether Sam Bankman-Fried truly did not have money to post bail

  • why the government did not restrict Sam's usage of the internet and social media

  • why Martin thinks the new judge assigned to the case, Judge Lewis Kaplan, is good for SBF

  • how many years Judge Kaplan could sentence SBF to, given his unusual work experience

  • whether there's still a chance that Sam could paint this case as a business failure

  • how defense attorneys will likely try to exploit the romantic relationship between Ellison and SBF in their favor

  • why it is unlikely that SBF will plead guilty on the January 3rd arraignment date

  • how the prosecutors could indict SBF's family if he doesn't plead guilty

  • how prisoners engage with crypto while incarcerated

  • whether Sam could run a business from prison

What’s Poppin’?

The Bahamas Securities Commission revealed that it has billions of dollars of FTX user funds in its custody.

FTX users based in Japan could see the entirety of their funds returned early next year as the regional exchange works on its own withdrawal system.

Binance added Apple Pay and Google Pay as payment options on Wednesday – a move that was welcome by those gunning for mainstream adoption of cryptocurrencies.

 A government-backed digital asset marketplace will be launched on Jan. 1 despite a blanket ban on trading cryptocurrencies still in place.

Crypto in 2022

Did you watch our 2022 recap featuring highlights from the year's 131 Unchained episodes? Bookmark the 🧵

In Other News…✍️✍️✍️

  • BITDAO's bit token jumped by 20% as market participants anticipate the approval of a $100 million buyback proposal.

  • Bankrupt cryptocurrency lender Celsius will request an extension of the deadline for users to submit their claims in bankruptcy proceedings from January 3, 2023, until early February.

  • Coinbase customers are fighting to keep a lawsuit against the company in court.

Today in Crypto Adoption...

  • The Central Bank of Turkey finished testing its digital currency and plans to continue the push next year.

What Do You Meme

📈 Your Market Update 📉

  • BTC is down .39%, trading at $16,519

  • ETH is down .57%, trading at $1,192

  • BTC dominance: 38.76%

  • Crypto market cap: $820 billion

*All data as of today, 5 am ET

Recommended Reads (New Year’s edition)

  1. 2023 Blockchain Themes and Bold Predictions by Ethropy

  2. 2023 Crypto Thesis by New Order

  3. Crypto/Web3 Startup Ideas (2023 Edition) by AllianceDAO

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