The Department of Justice revealed a chat conversation from 2019 where a Binance compliance employee joked about washing drug money. This is just one example of the outrageous things Binance employees have put in writing over the years, admitting to various crimes. It's not surprising to those who have been following the crypto industry that Binance operated for so long, despite these revelations.
Warning: This episode contains some explicit language.
The drama at OpenAI is not over. Kevin and Casey take stock of new information they’ve gathered since last week, and look at how other artificial intelligence companies are trying to capitalize on the debacle. Then, why people are still buying cryptocurrency even after Binance, the world’s largest crypto exchange, and its founder pleaded guilty to money laundering violations. And finally, three ways A.I. is ruining web search. Or is it?
Today’s guest: David Yaffe-Bellany covers crypto for The New York Times.
Additional Reading:
Casey has new details from the OpenAI board fight.
Changpeng Zhao, the Binance founder, agreed to pay a $50 million fine and step down from his role as chief executive.