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BTC159: Binance, GBTC, FinCEN and More w/ Joe Carlasare & HODL (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Legal and Financial Speculations on Barry's Situation
There are speculations about the timeline for charging Barry with various entities, including the possibility of happening before an ETF date in early January. There is discussion about a potential scenario where Barry is forced to sell the GBTC product to pay a bill, possibly to BlackRock. It is mentioned that there is an active lawsuit in New York against Barry for $1.1 billion in losses related to fraud. The discussion also includes the value of the GBTC product, which is estimated to be around a billion to a billion and a half, and the limitations on selling the trust associated with it.
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