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The Covert Cultural War Between Elites and American VCs
High powered VCs were involved in a total scam with quote-unquote crypto./nThe SEC cracked down on the cryptocurrency market, surprising some due to the involvement of high-powered financiers like Andreessen Horowitz./nThere is a covert cultural war going on between elites and Americans, with East Coast traditional elites cracking down on Silicon Valley attempts to make their own rule sets.
Preston Pysh brings back expert digital asset attorney Joe Carlasare, and resonant realist American Hodl. These two are the perfect mix to cover the Binance and Coinbase battle currently taking place against the SEC.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
00:50 - Joe's overview of everything happening from a legal sense in the US over the past 6 months.
00:50 - What is a TRO and how has the SEC used it against Binance?
17:35 - Will the Ripple lawsuit have any impact on the the Coinbase or Binance situation?
30:36 - How is all of this going to impact operations at Coinbase?
32:07 - Potential commingling of funds at Binance.
01:10:22 - The potential of the SEC freezing funds at Binance.
01:10:46 - How long are things going to take moving forward?
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