Tether, Bitcoin, and Legal Challenges in Crypto

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

• We react to Trump’s speech on Bitcoin in Nashville
• Is Bitcoin a proxy for Trump’s electoral chances?
• Will there be a “crypto reset” from the Harris campaign?
• Lummis’ Bitcoin Act
• The US government moves some Bitcoin
• Should the US government hold on to the coins from the Bitfinex hack?
• Is the new Bitcoin law civil asset forfeiture?
• Tether’s big Q2
• Where are the Tether Truthers?
• Howard Lutnick’s claim about SBF and Tether
• Bitclout founder Nader Al Naji is charged by the SEC and SDNY
• California DMV partners up with the Avalanche network

Content mentioned:

• Adams, Ibert, and Liao, What Drives Crypto Asset Prices?

Sponsor notes:

• Withum’s Digital Currency and Blockchain Technology Team specializes in crypto-assets, offering accounting, tax and advisory solutions to fortify trust in a dynamic industry. Contact them today to get started. - withum.com/crypto

• The Story of Ethereum Staking So Far: In Coin Metrics State of the Network Issue 270, we uncover Ethereum's staking ecosystem, from "The Merge" to "Shapella", the rise of LSTs and beyond.