Originally aired on September 19, 2023

Wendy O discusses several crypto-related topics in this lively episode, including the SEC targeting crypto exchanges, updates on the FTX situation, crypto regulation in New York, and bad parenting enabling poor behavior. She expresses frustration with government agencies going after smaller crypto players rather than massive failures like FTX and voices concerns over restrictive policies in New York that have banned trading of coins like XRP and DOGE. Wendy also condemns Sam Bankman-Fried’s parents for defending him and enabling his behavior. Overall, it’s an opinionated take on recent crypto developments.

What did Wendy say about the SEC and Binance.US?

• SEC investigating Binance.US, a small exchange
• Strange timing given FTX collapse
• SEC needs to prove claims against Binance.US

What is happening with FTX according to lawsuit?

• Bankruptcy estate sued SBF’s parents
• Seeking return of millions in misappropriated funds
• Filings allege SBF’s father pushed for higher salary

How is New York restricting crypto trading?

• Removed XRP, DOGE, and LTC from approved trading list
• Despite XRP being deemed not a security by a judge
• Could set precedent for other states to restrict crypto

What did Wendy say about parenting?

• SBF’s parents defending him as a “child”
• Enabling and coddling kids leads to poor behavior
• Parents need to teach accountability

How is crypto positioned for 2024 elections?

• Some candidates may underestimate crypto issues
• Generational divide on topics like CBDCs and privacy
• Could force out technologically ignorant lawmakers

What is happening with crypto regulations globally?

• Japan launching a Bitcoin fund for institutions
• Circle making USDC available on Polkadot
• Increased DeFi activity and growth on BNB Chain

00:00 – Intro

00:05 – What happened last night

03:45 – USA to ban crypto

10:40 – The entire crypto market

11:05 – BTC daily, 12h, 6h & 4h

13:45 – NY regulator removes XRP from token greenlist

21:15 – SEC fails in Binance US lawsuit

30:20 – FTX bankruptcy estate sues SBF’s parents

41:55 – Japan bank launches BTC fund for institutions

42:45 – Crypto is “sleeper issue” in next US election

45:30 – US debt hits new all-time-high

46:40 – Janet Yellen says US labor market is fine

52:05 – Base Coinbase surpasses Solana TVL

52:05 – AVAX Avalanche launches token swap tool