Unchained The Chopping Block: Nic Carter on Hamas’ Crypto Funding, SBF’s Courtroom Collapse, and Dramas Involving Lido and dYdX - Ep. 564
Nov 2, 2023
Nic Carter, a general partner at Castle Island Ventures and a crypto analysis expert, joins the discussion. He reveals how his tweet thread exposed inaccuracies in the Wall Street Journal's reporting on Hamas' crypto funding. The conversation dives into the courtroom struggles of Sam Bankman-Fried, examining the tricky legal landscape around him. Additionally, they explore the ongoing controversies with Lido’s bridge marketing and the positive shift in dYdX’s fees model as it pivots towards decentralization, highlighting the complex dynamics within the crypto world.
AI Snips
Chapters
Transcript
Episode notes
WSJ Correction
- Nic Carter prompted the Wall Street Journal to correct their story about Hamas' crypto funding.
- The WSJ had overstated the amount raised, misinterpreting on-chain data.
On-Chain Data Complexity
- On-chain data is complex and ambiguous, making definitive conclusions difficult.
- It's crucial to be cautious when interpreting such data.
Hamas Crypto Fail
- Hamas ceased crypto fundraising due to its ineffectiveness and asset seizures.
- This highlights crypto's traceability and vulnerability to law enforcement.