Episode Details

not even a get-rich quick scheme now

Text version: https://davidgerard.co.uk/blockchain/2025/05/24/crime-is-legal-but-the-actual-dollars-arent-showing-up/

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Sources:

Who Won a Seat at Trump's Crypto Dinner? https://www.nytimes.com/2025/05/23/us/politics/trump-crypto-dinner-attendees.html

The Stock Market Loves Bitcoin https://www.bloomberg.com/opinion/newsletters/2025-04-24/the-stock-market-loves-bitcoin

Coinbase Global Inc (COIN) Q1 2025 Earnings Call Highlights https://finance.yahoo.com/news/coinbase-global-inc-coin-q1-075332394.html

FORM 8-K Coinbase Global, Inc. Item 1.05 Material Cybersecurity Incident https://www.sec.gov/ix?doc=/Archives/edgar/data/1679788/000167978825000094/coin-20250514.htm#fact-identifier-4

Coinbase Hackers Had Access to Customer Data Since January https://www.bloomberg.com/news/articles/2025-05-15/coinbase-says-bribed-workers-leaked-data-to-hacker-seeking-20-million-in-ransom

Pitchbook: Crypto VC Trends (PDF) https://files.pitchbook.com/website/files/pdf/Q1_2025_Crypto_VC_Trends_Preview.pdf

Joint Statement on Crypto-Asset Risks to Banking Organizations, 2023 (PDF) https://web.archive.org/web/20230103190341/https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230103a1.pdf

Agencies Withdraw Joint Statements on Crypto-Assets https://www.fdic.gov/news/press-releases/2025/agencies-withdraw-joint-statements-crypto-assets

Crypto Knocks on the Door of a Banking World That Shut It Out https://www.wsj.com/finance/currencies/crypto-knocks-on-the-door-of-a-banking-world-that-shut-it-out-082b3968

Forcing Bank Deposits to Subsidize Stablecoins: the GENIUS Act https://www.creditslips.org/creditslips/2025/05/the-genius-acts-insolvency-provisions-crypto-investors-come-ahead-of-bank-depositors.html

Founder Of Celsius Sentenced To 12 Years For Fraud And Market Manipulation https://www.justice.gov/usao-sdny/pr/founder-celsius-sentenced-12-years-fraud-and-market-manipulation

Previously on Pivot to AI and Attack