Weekly Roundup 06/23/23 (FTX and K5 clawbacks, Prime Trust chaos, ETF frenzy) (EP.433)

Matt and Nic are back for another week of news and deals. In this episode:  • Bitcoin hits 30k • Wyoming’s stable token developments • The story behind FTX’s mammoth $500m outflow to

Matt and Nic are back for another week of news and deals. In this episode: 

• Bitcoin hits 30k • Wyoming’s stable token developments • The story behind FTX’s mammoth $500m outflow to K5 global • Why was SBF spending hundreds of millions cozying up to talent agents? • Do Kwon will spend 4 months in jail in Montenegro • The Bitgo Prime Trust acquisition falls apart • Deutche Bank applies for a crypto license in Germany • EDX officially launches • Blackrock files for their ETF and others follow • Our theory for why Blackrock is filing now • Is the SEC back-channeling to Blackrock? • Was surveillance sharing really a blocker for other ETF applications? • Does the notion of spot market surveillance even make sense for a global commodity? • What’s the deal with the Bitcoin bathhouse in Brooklyn?

Sponsor notes: 

• Coin Metrics STATE OF THE NETWORK - The Signal & the Nonce, Re-imagined • In this issue of State of the Network, we showcase a novel analysis that sheds light on Bitcoins energy consumption, efficiency and e-waste

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