On The Brink with Castle Island cover image

Weekly Roundup 03/31/23 (CFTC v Binance, McHenry’s stablecoin bill, Gruenberg’s questionable testimony) (EP.411)

On The Brink with Castle Island

CHAPTER

The FDIC Chair's Comments on the Record

Dow's de facto, or even to jury, general partnerships is troubling. As an administrative of the Dow, you're jointly and severally liable for any issues that the Dow encounters. That would be an argument for having a so-called Dow wrapper, in that case. You'd want to have an LLC. Some Dow's don't, because they don't want to dox the leadership, basically. It just doesn't seem likely that any explicitly pro-crypto bank institution charted the state level will get that Master account.

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