Unchained
Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.
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301
How Much Money Are Terrorists Actually Raising ...
The recent Wall Street Journal article that claimed Hamas raised $130 million via cryptocurrency has sparked considerable debate, especially after Sen. Elizabeth Warren used it as her sole source to ask for tighter regulations around crypto. However, the veracity of this claim has come under scrutiny.
69 min
302
The Chopping Block: Why Vivek Ramaswamy Wants L...
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, the gang welcomes Republican presidential candidate Vivek Ramaswamy, who discusses his mission to end the U.S. government’s regulatory overreach of the crypto industry, the parallels between crypto and the biotech industry where he came from, whether “code is law” is an appropriate framework for crypto regulation, how Bitcoin could be a check on the Fed, and how less regulation would actually lead to fewer, not more, instances of fraud like FTX.
47 min
303
How Can OpenSea Regain Dominance After Layoffs ...
NFT expert gmoney says that OpenSea “rested on their laurels” far too long. Can the once-leading marketplace rise again?
42 min
304
The Chopping Block: Did Blur Cause a Decline in...
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, they explore the enigmatic 'unhinged scale' metric, consider whether recent layoffs could have been anticipated, and examine the challenges facing the NFT market. They also provide a somewhat critical look at the events of the recent BAYC Apefest and share their takeaways on how Solana survived the Sam Bankman-Fried and FTX fiasco.
66 min
305
A 20+ Year Sentence? Why the Evidence Against S...
In this episode of Unchained, Laura does a detailed unpacking of the historic Sam Bankman-Fried trial and verdict with defense lawyer Sam Enzer and former Southern District of New York prosecutor Rich Cooper. They discuss what a thorough job the government did in presenting its case, whether the government will pursue a second trial on campaign finance charges, why it takes so long for sentencing to occur, what the differences between this case and the Bernie Madoff case are, and what Bankman-Fried’s likely sentence will be.
81 min
306
Two Genesis Creditors Describe Their Frustratio...
Two Genesis creditors, BJ and Branden, who prefer to use pseudonyms for security reasons, spoke with Unchained about the alleged fraud by the crypto lender and its parent company, Digital Currency Group (DCG). The discussion is one of the first times Genesis creditors have spoken with a media organization about the situation.
88 min
307
SBF Trial, Day 18: Sam Bankman-Fried Found Guil...
A Manhattan jury took only a few hours to decide that former FTX founder Sam Bankman-Fried was guilty of defrauding the crypto exchange’s users of billions of dollars.
4 min
308
SBF Trial, Day 17: Closing Arguments Ask: ‘Vil...
SBF Day 17 -Closing arguments offered a tale of 2 SBFs with a prosecutor calling him criminally responsible for a huge balance sheet hole but the defense saying he had been villainized for mistakes.
17 min
309
The Chopping Block: Nic Carter on Hamas’ Crypto...
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner chop it up about the latest news. This week, the gang sits down with guest Nic Carter of Castle Island Ventures, whose tweet thread pushed the Wall Street Journal to correct its story that Hamas had raised tens of millions in crypto. Carter discusses the challenges in tracking how much crypto Hamas has actually received, the declining prospects for Sam Bankman-Fried’s acquittal, and ongoing dramas surrounding staking protocol Lido and decentralized exchange dYdX.
58 min
310
SBF Trial, Day 16: In Final Cross Examination, ...
Prosecutors again pounded away at SBF’s credibility with the former FTX CEO at one point claiming he didn’t look into why Alameda had spent $8 billion of FTX customer funds.
10 min
311
SBF Trial, Day 15: Prosecutors Hammer Bankman-F...
A packed courtroom watched prosecutors pummel former FTX CEO Sam Bankman-Fried, highlighting contradictions between his words and actions and a lack of credibility.
9 min
312
Why SBF's Testimony So Far Has Likely Already D...
Defense lawyer Sam Enzer says Sam Bankman-Fried’s testimony had evasive answers and non sequiturs—but that the defense may now have a good argument for appeal.
51 min
313
SBF Trial, Day 14: Sam Bankman-Fried Casts Bla...
In his first testimony in front of the jury, former FTX CEO Sam Bankman-Fried presented himself as uninformed about key events prior to FTX’s collapse while blaming other members of the inner circle.
11 min
314
How Much Money Will Flow Into Bitcoin ETFs? Her...
In a recent report, Alex Thorn, head of research at Galaxy, predicted that inflows to spot bitcoin ETFs would rise above $14 billion in the first year following the potential approval by the Securities and Exchange Commission of multiple applications the agency is considering. Thorn called the availability of this product significant because it will give financial advisors and wealth managers accessibility to digital assets in a way that will be acceptable to clients seeking exposure to crypto. He also believes approval of a spot BTC ETF could occur this year before the holidays, and draws comparisons between bitcoin and gold as investment products.
40 min
315
SBF Trial, Day 13: Before Judge, Former FTX CEO...
The former FTX founder took the stand in a pre-trial hearing, revealing how he might fare under cross-examination in the actual trial.
8 min
316
The Chopping Block: Are We Back? The 'Low IQ' R...
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, the four discuss Bitcoin’s price surge over the past week amid growing optimism that a spot BTC exchange traded fund would win regulatory approval, an erroneous Wall Street Journal story about crypto funding to the terrorist group Hamas and AI, and crypto illiteracy among leading U.S. lawmakers.
35 min
317
Why a Spot Bitcoin ETF Will Probably Launch No ...
James Seyffart, market analyst at Bloomberg Intelligence, and Matt Hougan, chief investment officer at Bitwise Asset Management, feel quite certain a spot Bitcoin ETF will launch in the next few months.
74 min
318
The Chopping Block: A Rough Week 3 for SBF, DCG...
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, the four discuss – and disagree about – Uniswap’s new fees, SBF trial week 3, and DCG potentially being taken out by the NY Attorney General.
51 min
319
Another Bad Week for Sam Bankman-Fried in His C...
Sam Enzer, a partner at the law firm Cahill Gordon & Reindel, told Laura that compelling evidence from Sam Bankman-Fried’s inner circle had increased the difficulty for the fallen FTX CEO to convince a jury of his innocence. Former FTX head engineer Nishad Singh said that he became suicidal after understanding the full magnitude of FTX’s misuse of customer funds, while ex-chief legal counsel Can Sun helped show how SBF allegedly lied to lawyers.
48 min
320
SBF Trial, Day 12: Former FTX General Counsel S...
Former FTX General Counsel Can Sun took the stand, revealing that Sam Bankman-Fried had asked him to find legal justifications for FTX's $7 billion deficit.
8 min
321
SBF Trial, Day 11: How Alameda Got FTX Into a $...
On day 11 of the SBF Trial a mix of financial experts and technical witnesses testified, including a notable testimony from accounting professor Peter Easton. His analysis revealed a staggering gap between FTX's liabilities and assets. However, the day was not without controversy as the judge questioned the relevance of some witnesses.
9 min
322
SBF Trial, Day 10: Defense Tries But Fails to ...
On day 10 of the SBF Trial, the defense aimed to undermine the credibility of ex-FTX head engineer Nishad Singh, who on Monday testified against former FTX CEO Sam Bankman-Fried. Meanwhile, FBI Agent Richard Busick exposed Bankman-Fried's connections to high-profile politicians.
8 min
323
SBF Trial, Day 9: Nishad Singh Describes Former...
On day nine of the SBF Trial, FTX head of engineering Nishad Singh took the stand again detailing the crypto exchange giant’s alleged financial mismanagement and former CEO and Sam Bankman-Fried’s bullying management style and seeming indifference to his company’s mushrooming debt.
12 min
324
Why These Lawyers Say It's Over for SBF--But Hi...
Samson Enzer, partner at Cahill Gordon & Reindel, and Greg Strong, partner at DLX Law, dissect the second week of the criminal trial of Sam Bankman-Fried. At this point, the prosecution’s star witness, former Alameda Research CEO Caroline Ellison, has testified, as well as another prominent insider, co-founder Gary Wang. But both Enzer and Strong believe that it’s already over for the defense, but agree that the only thing that could turn it around is testimony from SBF himself—but that runs the risk of the defendant significantly increasing his sentence.
73 min
325
SBF Trial, Day 8: Former BlockFi CEO Adds Credi...
Zac Prince, former CEO of BlockFi, testified about the risks of lending to Alameda. The defense tried to use his testimony to raise questions about whether Alameda's lenders, like BlockFi, were at fault for their irresponsible lending practices, but didn’t succeed.
6 min