October 21, 2023

The Chopping Block: A Rough Week 3 for SBF, DCG Troubles, Fees at Uniswap - Ep. 559

52 minutes

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.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.

Show highlights:

What happened recently on the criminal trial against Sam Bankman-Fried, including testimonies from Caroline Ellison, Nishad Singh

why Robert doesn't like the cartoonist and how Tarun is friends with a stenographer

how Nishad Singh confirmed what everyone suspected about the cross-collateral risk engine at FTX

why Haseeb believes that the NYAG's lawsuit against DCG, Genesis, and Gemini is "brutal"

how DCG resembles the Roman Empire, according to Haseeb

what Robert thinks about the introduction of the Uniswap Labs new fees, considering he was in a similar situation with Compound Labs'

how can companies that build open-source protocols monetize their efforts

whether the implementation of the fees will reduce the total volume for Uniswap

Hosts

Haseeb Qureshi, managing partner at Dragonfly

Robert Leshner, founder of Compound

Tom Schmidt, general partner at Dragonfly

Tarun Chitra, managing partner at Robot Ventures

DisclosuresLinks

Previous coverage by Unchained on the trial of Sam Bankman-Fried:

How Heated Sidebars During the SBF Trial Could Impact the Jury’s Decision

SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family

SBF Trial, Day 2: DOJ Says Sam Bankman-Fried ‘Lied’ While Defense Claims His Actions Were ‘Reasonable’

SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact

SBF Trial, Day 4: SBF’s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda’s Special Privileges

Sam Bankman-Fried Trial: Here's Everything That Happened So Far

SBF Trial, Day 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?

SBF Trial, Day 6: Caroline Ellison Recalls 'The Worst Week of My Life'

SBF Trial, Day 7: In SBF Trial, Did the Defense Lose Its Opportunity With the Star Witness?

SBF Trial, Day 8: Former BlockFi CEO Adds Credibility to Fraud Charges

SBF Trial, Day 9: Nishad Singh Describes Former FTX CEO as a Bully and Big Spender

SBF Trial, Day 10: Defense Struggles to Discredit Nishad Singh's Testimony

SBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole

Uniswap:

Unchained: Uniswap Labs to Charge 0.15% Fee on Certain Tokens

NYAG lawsuit:

Unchained: NY Attorney General Sues Crypto Firms Gemini, Genesis, and DCG for Over $1 Billion Fraud

Reddit:

Unchained: Reddit to Discontinue Community Points Citing Scalability and Regulatory Issues, Sparking Community Backlash

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By Laura Shin

4.6

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