Walter Isaacson, biographer of Elon Musk, Lewis, author of Going Infinite, Su Zhu jailed in Singapore, and Bharat Ramamurti discuss topics like Elon Musk's potential Twitter acquisition, tungsten obsession, FTX solvency, Ethereum's security, OCP 2.0 architect departing White House, and Bitcoin lab leak. Coinbase gets a license in Singapore.
Suzu, co-founder of Three Arrows Capital, has been arrested in Singapore for failing to cooperate with ongoing investigations.
SBF, the founder of FTX, has filed a lawsuit against his D&O insurance company, CNA, for allegedly failing to pay his legal fees.
Several amicus briefs have been filed in the ongoing SEC case against Binance, Circle, and Paradigm, potentially influencing the outcome of the lawsuit.
Coinbase has obtained a major payment institution license in Singapore, expanding its regulatory footprint in the region.
Deep dives
Suzu, Co-founder of Three Arrows Capital, Arrested in Singapore
Suzu, co-founder of Three Arrows Capital, has been arrested in Singapore for failing to cooperate with ongoing investigations into alleged fraudulent activities. He has been sentenced to four months in jail and is expected to provide information to the liquidators examining the case. This development may open the door for further legal action against Suzu, including a potential case from the U.S. Department of Justice.
SBF Sues Insurance Company Over Legal Fees
SBF, the founder of FTX, has filed a lawsuit against his D&O insurance company, CNA, for allegedly failing to pay his legal fees in connection with ongoing legal battles. The outcome of this lawsuit could impact the financial implications for SBF as he continues to face legal challenges.
Amicus Briefs Filed in SEC Case Against Binance and Circle
In the ongoing SEC case against Binance, Circle, and Paradigm, several amicus briefs have been filed by interested parties. These briefs provide additional arguments and perspectives on the case, which could potentially influence the outcome of the lawsuit.
Coinbase Obtains Payment Institution License in Singapore
Coinbase has secured a major payment institution license in Singapore, expanding its regulatory footprint in the region. This license allows Coinbase to operate as a fully regulated financial institution in Singapore and reinforces its commitment to compliance and regulatory oversight.
GSR Receives License in Singapore
GSR, a prominent player in the crypto trading markets, has obtained a license in Singapore, further solidifying its presence in the region. This license ensures that GSR can operate within the regulatory framework and provides a level of trust and credibility to its clients.
Former Wyoming Banking Commissioner Joins Two Ocean Trust
Albert Forkner, the former Wyoming banking commissioner, has joined Two Ocean Trust as their Chief Risk Officer. This notable hire brings extensive regulatory experience to the company and highlights Two Ocean Trust's commitment to strong risk management and compliance.
Amanda Fabiano Launches Consulting Firm
Amanda Fabiano, former head of mining at Galaxy Digital, has launched her own consulting firm focused on Bitcoin miners. With her deep expertise in the mining space, Amanda's consulting firm aims to support and provide valuable insights to Bitcoin mining companies.
Legends for Legends Conference
The Legends for Legends conference, organized by Theta, a leading crypto-focused investing firm, will be taking place next week in Amsterdam. This conference is a prominent event in the digital asset industry and offers valuable insights and networking opportunities for European attendees.
In Coin Metrics State of the Network Issue 227, we take a data-driven look at the most important events that impacted the digital assets industry from Q3 2023
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