Originally aired on September 20, 2023

In this passionate episode, Wendy O discusses Ripple executives trolling the SEC, an anti-CBDC bill, updates on the FTX situation including Sam Bankman-Fried’s politically connected parents, and warnings from the SEC about targeting more crypto exchanges and DeFi projects. She expresses frustration with the SEC going after smaller players rather than massive failures like FTX. Wendy also highlights concerning connections between FTX insiders like SBF’s parents and Democratic fundraising groups. Overall, she provides strongly opinionated commentary on recent crypto developments while lambasting U.S. regulators and the current administration.

What did Ripple executives do outside the SEC building?

• Brad Garlinghouse took a picture with the Ripple lawyer outside the SEC headquarters
• They met with lawmakers in Washington D.C. to discuss crypto regulation
• No meeting secured with SEC Chair Gary Gensler despite court battle

What is the bill to block CBDCs?

• Conservative think tank backing a bill by Rep. Tom Emmer
• Would prevent Fed involvement in developing a CBDC
• Aims to address privacy concerns around digital currency

What links are alleged between FTX and Democrats?

• Lawsuit claims SBF’s parents advised major Democratic fundraising group
• His father involved with political action committee that got FTX money
• Brother led lobbying group that spent millions from FTX executives

What warnings did the SEC give about crypto regulation?

• Plan to charge more crypto exchanges engaging in similar activities as Binance
• Won’t be deterred from targeting DeFi projects despite decentralized label
• Comments suggest further crackdown on crypto industry despite lack of clear guidelines

What global crypto developments were covered?

• Japan launching Bitcoin investment fund for institutions
• Circle making USDC available on Polkadot blockchain
• Increased DeFi activity and growth on Binance Smart Chain

How did Wendy characterize the current administration?

• Expressed they want to keep average Americans poor and powerless
• Frustration with lack of action against major crypto failures like FTX
• Sees predatory practices in going after smaller players in crypto

00:00 – Intro

08:30 – Why we talk about Ripple XRP

10:15 – HEX Pulse Chain pump

12:15 – BTC daily, 12h, 6h & 4h

14:20  – Protect yourself from sim swaps

https://bit.ly/EFANI-WENDY

15:55 – Ripple meets with Congress

18:00 – Unelected bureaucrats sold out to AI

21:05 – Apple Goldman Sachs iPhone trading app

24:55 – SEC says more doom coming for defi/crypto

33:00 – Anti-CBDC bill making ground

36:00 Subscribe to Ben Armstrong

37:15 – Coinex back online after exploit

38:55 – “Balancer” project ongoing website exploit

39:35 PARTNER Phemex MASSIVE GIVEAWAY

42:30 – Stanford Uni to return millions to FTX estate

43:10 – SBF FTX even more dark secrets exposed

46:35 – Grayscale new ETH futures ETF application

47:10 – Deutsche Bank exec faces jail

47:45 – Coinbase CEO says science is fake!