Originally aired on August 28, 2023
Wendy O discusses a leaked secret XRP document that supports Ripple’s defense against the SEC. She also addresses the recent controversy surrounding Ben Armstrong of BitBoy Crypto, emphasizing the importance of kindness and understanding when dealing with addiction. Other topics covered include the latest market trends, Western Union embracing Ripple and XRP for enhanced money transactions, the launch of PayPal’s stablecoin facing low demand from crypto users, and the suspension of user accounts on FTX due to a cybersecurity breach. Additionally, Wendy comments on the failure of Prime Trust and the need for better regulations in the cryptocurrency industry.
Huge Leaked Secret XRP Document Proves SEC Wrong
- Leaked document supports Ripple’s defense against the SEC
- Suggests the SEC’s enforcement team did not view XRP as a security in 2018
Addressing the Ben Armstrong Controversy and the Importance of Kindness
- Supporting a friend during a relapse into addiction
- Discussing the impact of addiction on individuals and their families
- Advocating for better understanding and support for those struggling with addiction
Market Trends and Bitcoin Price Analysis
- Bitcoin trading in a tight range
- Discussion on the benefits and risks of using centralized exchanges for trading
Western Union Embraces Ripple and XRP for Enhanced Money Transactions
- Testing Ripple’s XRP-integrated payment system, Xrapid
- Focus on integrating a CBDC and improving P2P transactions
Low Demand for PayPal’s Stablecoin, Pi USD
- Data suggesting limited usage and holding of the token by crypto users
- Lack of demand due to existing alternatives and the volatility of XRP
Prime Trust Files for Bankruptcy Amid Accusations of Mismanagement
- CEO explains financial difficulties caused by a collapsing crypto market and excessive spending
- Issues with fund transfers, lockouts from crypto wallets, and compromised customer data
00:00 – Intro
00:05 – Bitboy leaves Bitboy Crypto
10:00 – The entire crypto market
10:10 – BTC price analysis
11:20 – Coindesk The Hash cancelled
11:45 – QNT price analysis
12:25 – Why we cover XRP on the channel
14:25 – Why root for someone’s demise?
17:55 – Secret 2018 SEC memo resurfaces
20:10 – Ripple partners with Western Union bank
22:05 Gemini credit card offers XRP rewards
23:00 – Hester Pierce slams SEC rulemaking
27:10 – Robinhood 3rd largest Bitcoin holder
27:55 – Paypal stablecoin flops PYUSD
29:05 – Here’s why Prime Trust collapsed
34:50 – FTX customer data leak
37:05 – 4 million pages of evidence in SBFlawsuit
38:50 – Was $PEPE a rug?
44:00 – Thoughts on Bencoin
45:30 – Friendtech is the hyper over?
47:05 – Why I don’t share my portfolio
50:00 – New staking update for Chainlink LINK
51:40 – Huge Hdera HBAR partnership