Blog: Unchained Podcast

Here are some of the most important things to watch out for in the upcoming week: 1\. Prosecutors Ask SBF to Stop Witness Tampering Federal prosecutors want to stop former FTX CEO Sam Bankman-Fried from contacting witnesses through the encrypted messaging app Signal. In a...

Welcome to “The Chopping Block!” – where crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, Flashbots co-founder Phil Daian joins the show to go deep on what maximal extractable value (MEV) means and how it’s shaping the Ethereum ecosystem. Show highlights: how Phil started working in MEV and why he believes it...

The crypto community is questioning why bankrupt lender Celsius may have turned down seemingly fair bids for its assets from five major companies in the space. What Happened: Five major crypto firms are known to have bid on bankrupt crypto lender Celsius Network’s crypto assets, according to leaked bids...

Michael Sonnenshein, CEO of Grayscale Investments, gives an overview of his firm’s case against the SEC, which has denied requests to turn Grayscale’s bitcoin trust into an exchange-traded fund (ETF). With oral arguments kicking off March 7, Sonnenshein lays out what a worst-case “tender offer” would entail and whether DCG CEO Barry Silbert has any say over GBTC’s fate. Show highlights: why...

Another revelation in the FTX saga has market participants asking more questions – What is Modulo Capital, and why did Bankman-Fried send the little- known crypto firm $400 million? What Happened: Former FTX CEO Sam Bankman- Fried sent $400 million to Modulo Capital shortly before the collapse of his crypto empire, according to a...

The situation at BlockFi could be worse than it appears. What Happened: Bankrupt crypto lender BlockFi mistakenly uploaded unredacted documents, revealing its $1.2 billion exposure to FTX and Alameda Research, according to a...

Welcome to “The Chopping Block!” – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, they covered: why the markets were up so much recently how and why Genesis entered into bankruptcy why the hole in DCG's financials are potentially much bigger than previously reported the...

Welcome to “The Chopping Block!” – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, they covered: why the markets were up so much recently how and why Genesis entered into bankruptcy why the hole in DCG's financials are potentially much bigger than previously reported the...

Everyone wants a piece of the staked ETH game…including the Wormhole hackers. What Happened: Blockchain security firm Certik issued an alert on Monday that the wallet address associated with the Wormhole hack had moved $155 million of Ethereum – the largest movement of stolen funds over the last few months....

James Block, crypto skeptic and author of the Dirty Bubble Media newsletter, rose to prominence with a timely post predicting FTX’s insolvency. The blogger, a doctor by day, explains why he sees crypto as an unregulated morass of would-be securities and outright “Ponzi schemes.” From an early interest in Tether to connecting the dots on Celsius, Block explains why he does what he...

Here are some of the most important things to watch out for this week: 1\. Genesis’s First Bankruptcy Hearing Digital Currency Group subsidiary Genesis has filed for Chapter 11 bankruptcy protection and is scheduled to have its first...

What happened: Embattled crypto lender Genesis has filed for Chapter 11 bankruptcy protection. Now, the firm has made a series of transfers to crypto exchanges, suggesting that it could be looking to liquidate its assets....

Maria Shen, partner at Electric Capital, unpacks the venture firm’s latest Developer Report. Hotly anticipated among crypto observers, the annual report captures which chains developers are building on. Despite 2022’s price carnage, the report finds developer interest remains strong. Ethereum is the leading chain by far but EVM-compatibility is emerging as a major force in winning developers’ hearts and minds. Shen...

What Happened: Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing, sources told The Block on Wednesday....

What Happened: Former FTX CEO Sam Bankman-Fried claims that information shared by Sullivan & Cromwell (S&C) about a shortfall of funds at FTX US is inherently false. S&C said it had identified only $181 million worth of digital assets on FTX US at the time it filed for bankruptcy. Bankman-Fried claims that the firm failed to account for $428 million that was...

Whispers about Digital Currency Group’s troubles have continued to make rounds on Twitter this week. While it’s hard to separate fact from fiction, it is worth considering the implications of three possible scenarios. Scenario #1: Genesis gave clients “phony financial statements”...

What Happened: Kyle Davies and Su Zhu, founders of the now-defunct hedge fund Three Arrows Capital, hope to raise $25 million in seed funding for their new venture “GTX.” GTX is a crypto exchange, so-named “because G comes after F,” according to the...

From 3AC to FTX (and possibly more to come), it’s boom times for those trading crypto bankruptcy claims. Thomas Braziel, founder and CEO of 507 Capital, gives a crash course on bankruptcy law, offering the latest updates on the FTX, Celsius, and Three Arrows Capital cases. Plus, insight on how 2023 could finally be the year Mt. Gox creditors get (some) closure. ...

Here are some of the most important things to watch out for in the upcoming week: 1\. Polygon Hard Fork Polygon is scheduled to undergo a major network upgrade mid-week. The team announced that a Hard Fork will go...

Welcome to “The Chopping Block!” – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. Show topics: Haseeb’s TL;DR of the ongoing situation between DCG, Genesis and Gemini whether DCG committed fraud because of a misrepresentation of its financials why DCG did Genesis a favor by absorbing the losses from exposure to Three...