- Tether is very good friends with the Feds
- SEC rejects Coinbase’s proposal to carve out special new rules for it
- Binance is still being Binance
- FTX will likely liquidate
- Three Arrows Capital creditors will likely get back 46%
- Crypto media goes through mergers
- Mt Gox payouts seem to have started
At the FT Crypto and Digital Assets Summit in London, the exchange’s new CEO Richard Teng refused to answer even basic questions, like where Binance is headquartered and whether it’s had an audit. “Why do you feel so entitled to those answers?” Teng said when pushed. “Is there a need for us to share all of this information publicly? No.”
gonna miss Binance’s signature “just lie like you’re 6 years old” crisis management style when they get sued out of existence
While I appreciate the journalism here, reading crypto news, even when it is snarky and covering crypto Ls, is still hella exhausting. Still, good post.
Also, I imagine anytime a cryptoad takes an L, the audio of the bitconnect guy saying “bit conneeeeeeect!” plays in their head.
also newsletters are digital fishwrap, read once and throw away. We need to write more stuff that’s a go-to on a topic, then it gets linked and shit
4 (continued)
Seems like a missing header there.
Callback. “4” was cz’s response to any bad news, calling it “FUD”. Then the DoJ hammer came down. Now they’re still acting like basic good behaviour is an outrageous demand.
I got that reference.
I need to get out more.
