The SEC is not retroactively declaring FTT a security, right? What they're saying is, this was a security all along. Here were the rules. You're the one smoking pot in the car while you're driving. Yeah. So remember when all the banking stuff happened in 2008? How many of those people wound up doing paperwork and handcuffs? It will not end up in handcuffs. But it is an interesting question. Sure. The people who committed the crimes, obviously they go to jail. And if there is some connection that came in, there's still, you still have to go to court, you still has to go to trial.
Molly and Jason discuss Caroline Ellison and Gary Wang pleading guilty to securities fraud. (2:04) Then Lon Harris joins J+M for this week’s edition of This Week in Streaming, where they discuss YouTube’s new 7-year multibillion-dollar deal with the NFL. (36:57) We wrap with Part 1 of their review of Todd Field’s latest film Tár. (1:06:12)
(0:00) J+M Kick off the show
(2:04) Molly and Jason react to Caroline Ellison and Gary Wang pleading guilty to securities fraud
(8:36) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist
(12:29) The Truth of FTX is confirmed + the difference between marketing a product and a security
(22:49) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(23:59) How will VCs fair if tokens are ruled as securities
(30:16) Molly and Jason’s hot takes on the FTX fallout
(35:17) Founder University - Build your MVP with help from Founder University at course.founder.university
(36:57) YouTube inks multibillion-dollar streaming deal with the NFL
(55:40) Lon runs down the topics in his newsletter, including Netflix’s Wednesday becoming a smash hit + actors who have not acted in a streaming series
(1:06:12) Part 1: Molly, Jason and Lon review Todd Field’s Tár (TO BE CONTINUED)