On The Brink with Castle Island cover image

Weekly Roundup 06/28/24 (Solana ETF, Coinbase sues FDIC, SCOTUS vs SEC) (EP.540)

On The Brink with Castle Island

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Government Crackdown on Crypto Industry and Legal Battles

The chapter covers a bipartisan delegation addressing an urgent issue involving a political prisoner and a bank employee, along with developments in the ETF space focusing on Solana's status as a security. It discusses Supreme Court rulings impacting civil securities fraud cases, anticipation of a crucial decision on the Chevron deference, as well as legal battles involving Coinbase suing the SEC and FDIC. The conversation also touches on the challenges faced by the crypto industry due to government crackdowns, actions taken by key regulatory entities, and the impact of recent events on Bitcoin prices.

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