On The Brink with Castle Island cover image

Weekly Roundup 06/09/23 (SEC v Coinbase and Binance, Market Structure bill, the curious case of Prometheum) (EP.430)

On The Brink with Castle Island

CHAPTER

The Wildfires in New York

I don't understand for the life of me what's going on right now with this prime trust thing. So those guys have been implicated in FTX, they've been implicated in Binance, all sorts of shady stuff. What the hell is going on? Swan, Bitcoin, ran all of their stuff on top of prime trust, apparently. They just like custody it all of swan's assets. And now swan is on fortress trust. There's and BitGo. It's very good. I use it. Look, we're invested as one river financial. This is crazy.

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