Lee and Jimmie discuss SBF’s sentence, recent developments in SEC v. Coinbase, the growth in Coinbase’s layer 2 Base, and the impact of stablecoins on reserve currencies.

Lee’s X: @leereiners

Jimmie’s X: @jimmie_lenz

Related Links:

Sam Bankman-Fried is Still Insulting his Victims: https://thehill.com/opinion/criminal-justice/4554840-sam-bankman-fried-refuses-accountability/

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit: https://www.coindesk.com/policy/2024/03/27/coinbase-loses-most-of-motion-to-dismiss-sec-lawsuit/

3 Reasons Why Layer 2 Network Base Has More Than Doubled Its Total Value Locked This Year: https://unchainedcrypto.com/3-reasons-why-layer-2-network-base-has-more-than-doubled-its-total-value-locked-this-year/

Lee and Jimmie discuss the SEC potentially classifying ETH as a security, Coinbase’s lawsuit against the SEC, a new independent examiner for FTX’s bankruptcy, and John Ray’s thoughts on SBF’s sentencing memo.

Lee’s X: @leereiners

Jimmie’s X: @jimmie_lenz

Related Links:

SEC probing crypto companies in Ethereum investigation as hopes for ETF dim: https://finance.yahoo.com/news/sec-probing-crypto-companies-ethereum-162205426.html

Coinbase's Allies Join Crypto Firm's Case Against U.S. SEC: https://www.coindesk.com/policy/2024/03/19/coinbases-allies-join-crypto-firms-case-against-sec/

FTX Probe to Test Whether Law Giant Is Tainted by Conflicts: https://news.bloomberglaw.com/securities-law/ftx-probe-advances-to-test-sullivan-cromwells-limited-role?utm_source=securitiesdocket.beehiiv.com&utm_medium=newsletter&utm_campaign=new-ftx-ceo-says-bankman-fried-still-living-life-of-delusion-about-harm-caused

FTX’s caretaker boss blasts Sam Bankman-Fried’s ‘life of delusion’ ahead of sentencing:  https://www.ft.com/content/a0c04c31-24e1-46de-bdaa-8f3448da472c?utm_source=securitiesdocket.beehiiv.com&utm_medium=newsletter&utm_campaign=new-ftx-ceo-says-bankman-fried-still-living-life-of-delusion-about-harm-caused

Lee and Jimmie speculate on the identify of the real Satoshi Nakamoto before discussing Binance employees being detained in Nigeria and the potential for more crypto-related exchange traded products in the UK and US.

 Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Head 2 Head with Dr Jimmie Lenz and Dr Craig S Wright: https://www.youtube.com/live/DIytNJKG8oE?si=z6EPdOOzYh4Q8wVz

Craig Wright is not Satoshi: https://www.coindesk.com/policy/2024/03/14/craig-wright-not-satoshi-didnt-author-bitcoin-whitepaper-judge-rules/

New Satoshi emails are evidence for who created Bitcoin: https://fortune.com/crypto/2024/02/26/who-created-bitcoin-new-emails-satoshi-nakamoto/

Binance Employees to Remain in Custody in Nigeria: https://www.wsj.com/livecoverage/stock-market-today-dow-jones-03-13-2024/card/binance-employees-to-remain-in-custody-in-nigeria-jweuTseNhXomYBQaQbOr?page=1

UK regulator to allow crypto-related securities: https://www.ft.com/content/e987fb3b-e877-4672-95aa-9e6eed427ccd?shareType=nongift

Senators pressure SEC’s Gensler not to approve any more crypto ETFs: https://cointelegraph.com/news/senators-urge-sec-gary-gensler-reject-further-crypto-etfs

Lee and Jimmie discuss the perfect gift for that special someone in your life, a significant ruling in the former Coinbase employee insider trading case, Chair Powell’s rejection of CBDC, a Prometheum-fueled debate about Ether’s status, and the SEC’s settlement with Shapeshift.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Binance made crypto perfume in a baffling attempt to woo women: https://techcrunch.com/2024/03/06/binance-crypto-perfume/

How the SEC's Recent Win May Play in Its Coinbase, Binance Cases: https://www.nasdaq.com/articles/how-the-secs-recent-win-may-play-in-its-coinbase-binance-cases#:~:text=A%20federal%20judge%20ruled%20that%20Ramani%2C%20who%20was%20friends%20with,wire%20fraud%20and%20insider%20trading.

Powell says Fed not "remotely close" to a central bank digital currency: https://www.reuters.com/markets/us/powell-says-fed-not-remotely-close-central-bank-digital-currency-2024-03-07/

SEC may be forced to declare Ethereum a security after controversial new launch: https://fortune.com/crypto/2024/02/07/sec-prometheum-ethereum-broker-dealer-gary-gensler-coinbase/

Everything wrong with ShapeShift’s SEC settlement: https://protos.com/everything-wrong-with-shapeshifts-sec-settlement/

Lee and Jimmie discuss Coinbase’s recent earnings announcement and long-term prospects; SBF’s upcoming sentencing; new crypto hires at the IRS; Gemini Earn customers being made whole; and the Department of Energy scrapping their crypto mining data survey.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:Coinbase (COIN) shares surge after earnings (cnbc.com): https://www.cnbc.com/2024/02/16/coinbase-coin-share-surge-13percent-after-earnings.html.html

Sam Bankman-Fried Makes His Last Stand: https://www.nytimes.com/2024/02/27/technology/sam-bankman-fried-fraud-ftx.html?

IRS adds two key experts to focus on cryptocurrency, other digital assets: https://www.irs.gov/newsroom/irs-adds-two-key-experts-to-focus-on-cryptocurrency-other-digital-assets

Winklevoss’s Gemini to Return $1.1 Billion to Customers in New York Settlement: https://www.bloomberg.com/news/articles/2024-02-28/winklevoss-s-gemini-to-return-1-1-billion-to-customers-in-new-york-settlement

Lee and Jimmie discuss the failure of Heartland Tri-State Bank because of a pig butchering scam, Circle’s decision to discontinue USDC on the Tron blockchain, and Acting Comptroller Mike Hsu’s warning about crypto supervision.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Material Loss Review of Heartland Tri-State Bank: https://oig.federalreserve.gov/reports/board-material-loss-review-heartland-tri-state-bank-feb2024.pdf

Circle is Discontinuing Support for USDC on the TRON Blockchain: https://www.circle.com/blog/circle-is-discontinuing-support-for-usdc-on-the-tron-blockchain

Acting Comptroller Michael J. Hsu: Remarks to the Financial Stability Board’s Crypto Working Group: https://www.occ.gov/news-issuances/news-releases/2024/pub-speech-2024-18.pdf

Lee and Jimmie discuss recent crypto price action, the potential for a ETH ETF, and what AI means for job security.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Gensler won’t commit to Ethereum ETFs, says Bitcoin approval was simply ‘most sustainable thing to do’ after losing in court: https://urldefense.com/v3/__https://fortune.com/crypto/2024/02/14/gensler-ethereum-etfs-bitcoin-court-decision-against-sec/__;!!OToaGQ!sS72vbBLvg8F3XnO267WtsynHzL2l9k4drutKH8DBINFpbUzu3juXXgr-fC-XF6JQs6O5Txk2ftIGLSQw0if$

Head 2 Head with Dr Jimmie Lenz and Dr Craig S Wright: https://www.youtube.com/live/DIytNJKG8oE?si=z6EPdOOzYh4Q8wVz

Lee and Jimmie recap Digital Assets at Duke

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Blockchain Ambitions at Goldman, JPMorgan Target Financial Plumbing: https://www.bloomberg.com/news/newsletters/2024-02-06/blockchain-ambitions-at-goldman-jpmorgan-target-financial-plumbing?srnd=undefined

Scaramucci Urges Crypto Fans to Support Biden Despite Crackdown: https://www.bloomberg.com/news/articles/2024-02-02/scaramucci-urges-crypto-fans-to-support-biden-despite-crackdown?srnd=undefined

Digital Assets at Duke: https://www.digitalassetsatduke.org/

Lee and Jimmie discuss the first week of trading in bitcoin ETFs, oral arguments in Coinbase’s motion to dismiss, the growing use of stablecoins in illicit activities, and the fiery Davos speech by Javier Milei.   

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Digital Assets at Duke: https://www.digitalassetsatduke.org/

2024 Crypto Crime Trends: https://www.chainalysis.com/blog/2024-crypto-crime-report-introduction/

Davos 2024: Special address by Javier Milei, President of Argentina: https://www.weforum.org/agenda/2024/01/special-address-by-javier-milei-president-of-argentina/

Lee and Jimmie discuss the launch of bitcoin spot ETFs and the CFTC's new DeFi report.  

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

 CFTC’s Technology Advisory Committee report on Decentralized Finance: https://www.cftc.gov/media/10106/TAC_DeFiReport010824/download

Digital Assets at Duke: https://www.digitalassetsatduke.org/