This episode examines the fallout from the U.S.–China tariff shock, the largest crypto liquidation in history, insider trading allegations tied to a single hyper-liquid trade, Trump’s meme coin and alleged foreign ties, Ripple’s billion dollar acquisition of GTreasury, a tragic influencer death after massive losses, the SEC’s stated push for crypto innovation, and Kraken’s nine figure derivatives move.

Hosts: 

Jesus Burgoa (JR), Founder & CEO of Social Market

LinkedIn:  https://www.linkedin.com/in/jesus-rafael-burgoa-b34874170/

X: https://x.com/jesusrburgoa

Website: https://jrburgoa.com/

Co-Host: 

Leon Hitchens, CMO of Social Market

LinkedIn:  https://www.linkedin.com/in/leonhitchens/

X: https://x.com/Leonhitchens

Website: https://www.leonhitchens.com/

Find Us: 

Spotify: https://open.spotify.com/show/3cfUVNwIm2AXt2oZ0nx2Dv

Apple Podcasts: https://podcasts.apple.com/us/podcast/the-social-ledger/id1803475184

YouTube: https://www.youtube.com/@TheBoostchannel

Website: https://theboost.fm/social-ledger-report/

TOPICS

• Aftermath of the U.S.–China tariff breakdown and market whiplash
 • Historic $19,000,000,000 in crypto liquidations, outages at major exchanges, and claims of a $190,000,000 profit by one trader
 • Trump meme coin, speculation about foreign investments and pardons, and why mainstream outlets may not cover the angle
 • Ripple acquires GTreasury for roughly $1,000,000,000 and what that means for corporate treasury and TradFi convergence
 • Influencer and investor Konstantin Galish reportedly found dead after a $65,000,000 loss during the crash
 • SEC chair signals the United States is 10 years behind and outlines an innovation exemption path for digital assets
 • Kraken makes a $100,000,000 acquisition to expand U.S. derivatives, intensifying competition with Coinbase

QUOTE OF THE WEEK

The crypto trenches are dangerous. Things can flip faster than anywhere else in finance.

REFERENCED SOURCES

1. Historic $19B liquidation followed by insider trading:

• https://x.com/animocabrands/status/1978558290117149024?s=46
• https://x.com/cryptoemre10/status/1978212360541327723?s=46
• https://x.com/jackmaccfb/status/1977074516133396559?s=46

2. Trumps crypto movements

• https://x.com/stealthex_io/status/1978047269606707514?s=46
• https://x.com/darrigomelanie/status/1978062741484036222?s=46
• https://x.com/ashcryptoreal/status/1979253984792842251?s=46

3. Ripple (XRP) $1B acquisition of GTreasury

• https://finance.yahoo.com/news/ripple-acquires-treasury-management-firm-164744012.html

4. Crypto founder and influencer found dead

• https://x.com/cryptopsalm/status/1977016595944755334?s=46

5. SECs push for crypto innovation

• https://finance.yahoo.com/news/10-years-behind-sec-chair-140908231.html

6. Krakens $100M acquisition for US Derivatives push