Crypto Legal Battles: From SEC Lawsuits to Bitfinex Admissions

Apple and Amazon earnings make me wonder if the law of large numbers is dead. Coinbase is willing to argue over what the definition of is is. Threads continues its precipitous decline. The Weekend Longreads Suggestions. And be sure to listen to the end of the show for some big, big show news. Biggest news in a while. Among other things, why haven’t there been bonus episodes for a while? Where has Chris been? Listen to the end! All will be revealed.

Links:

• Apple reports third quarter results (BusinessWire)
• Amazon.com Announces Second Quarter Results (BusinessWire)
• Coinbase argues it doesn’t trade securities, so the SEC’s lawsuit should be dismissed (The Verge)
• Bitcoin launderer pleads guilty, admits to massive Bitfinex hack (CNBC)
• Threads user count falls to new lows, highlighting retention challenges (CNN)

Weekend Longreads Suggestions:

• The Chip Titan Whose Life’s Work Is at the Center of a Tech Cold War (NYTimes)
• When AI Is Trained on AI-Generated Data, Strange Things Start to Happen (Futurism)
• How “windfall profits” from AI companies could fund a universal basic income (Vox)
• How Modelo became America’s new favorite beer (Vox)

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