Bankless ROLLUP: $ARB Airdrop | Do Kwon Arrested in Montenegro | Coinbase Wells Notice | SEC Charges Justin Sun$ARB Airdrop | Do Kwon Arrested in Montenegro | Coinbase Wells Notice | SEC Charges Justin Sun
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Mar 24, 2023 This week's discussions unveil the recent Arbitrum airdrop, delving into market implications and token lock-up periods. The arrest of Do Kwon adds intrigue, as it raises questions about Luna and Terra's future. Significant regulatory actions from the SEC against Coinbase are analyzed, signaling a critical moment for the crypto space. Additionally, listeners explore the contrasting roles of Bitcoin and Ethereum amid financial volatility, alongside entertaining anecdotes that reflect the vibrant culture of the crypto community.
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Do Kwon Arrest
- Do Kwon, co-founder of Terraform Labs, was arrested in Montenegro with falsified documents.
- Bankless broke the news of his arrest.
Bitcoin vs. Ether in Wartime
- Bitcoin has outperformed Ether in the past two weeks, potentially signaling a shift to "wartime" in crypto.
- The ETH/BTC ratio is down 5% to 0.0645, a local low since the last bull market.
Bitcoin for War, Ethereum for Peace
- Bitcoin's simplicity and focus on store of value make it suitable for crisis ("wartime") scenarios.
- Ethereum's expansive features are better suited for times of stability and innovation ("peacetime").