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