Matt and Nic are back with more deals and news. In this episode:

• Was XRP discovered or created?
• The saga of Otter 841
• Matt's wildlife trouble
• More SAB121 chaos
• Rep Ritchie Torres sends Gensler a tough letter
• What is the Torres Doctrine?
• Terraform labs has a new CEO
• Our theories for why Nasdaq pulled the plug on their crypto custody business
• The IRS is auditing the crypto rich in PR
• We bring back our triple threat segment

Content mentioned

• Matt's thread on SAB121
• Bloomberg's profile on Customers Bank
• We enjoyed the Fidelity Digital Assets Q2 Signals Report.
• BitMEX Research had a thoughtful article about Gary Gensler's CFTC days
• Kathleen Breitman in Fortune, Ben McKenzie needs a Hug

Sponsor notes:

• Coin Metrics' State of the Network: Currents Shift After SEC v. Ripple Summary Judgment
• In this issue of State of the Network, we provide a data-driven overview of digital asset markets after a milestone ruling in SEC v. Ripple case