This episode is sponsored by Nexo, Abra and FTX US.

On today’s episode, NLW covers:

• The new Bitcoin Legal Defense Fund from Jack Dorsey and others
• Crypto nuggets from 250 pages of former Treasury Secretary Steven Mnuchin’s emails
• The latest out of the Agriculture and Energy committees in Congress as it relates to crypto regulation
• Crypto hedge funds massively outperform TradFi 

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Paper Boat Creative/Stone/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.