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Do Kwon and Terraform Labs are suing the Securities and Exchange Commission for due process violations resulting from a recent subpoena.
This episode is sponsored by NYDIG.
At Messari’s Mainnet conference in September, rumors flew that the U.S. Securities and Exchange Commission had served a subpoena on a decentralized finance (DeFi) protocol founder moments before he was set to speak on stage. The rumors were confirmed late last week when Terraform Labs and CEO Do Kwon filed a lawsuit against the SEC for due process violations. On today’s episode, NLW breaks down the lawsuit, the community’s response and what the precedent and outcome might mean for the industry going forward.
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NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Exit” by Isaac Joel. Image credit: Brendan Hoffman/Getty Images News, modified by CoinDesk.
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By Mahogany L. Browne
Special guest Dana Schwartz tells Sarah about Catherine the Great. Topics of interest include the very not great life of serfs, the accidental flattening of women via the girl-bossification of history, and a very solid Bertie Wooster reference.
Here's where to find Dana:
Noble Blood [podcast] and Anatomy, A Love Story [novel]
Support us:
Where else to find us:
Sarah's other show, You Are Good
[YWA co-founder] Mike's other show, Maintenance Phase
Links:
http://noblebloodtales.com
http://www.danaschwartzdotcom.com/books.html
http://patreon.com/yourewrongabout
https://www.teepublic.com/stores/youre-wrong-about
https://www.paypal.com/paypalme/yourewrongaboutpod
https://www.podpage.com/you-are-good
http://maintenancephase.com
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New Zealand has officially fired its state wizard after the 88 year-old made a series of controversial comments that finally crossed the line. Over in the US, critics are both vindicated and disturbed by the recent development in unmanned warfare -- quadrupedal bots are being fitted with sniper rifles, and they may be out in the wild sooner that you think. All this and more in this week's Strange News.
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array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }Massive storm inundates the west coast. New details on the Alec Baldwin shooting. Closing in on a Biden spending deal. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Shea Serrano is beloved in the sports, movie and music worlds for his wickedly funny essays and podcasts on everything from Selena to the Houston Texans, Jay-Z to Jason from “Friday the 13th.” And yet his journalism is probably the least impressive part of the guy who’s probably the nicest cholo nerd in the world.
His latest book, “Hip-Hop (and Other Things),” is dropping tomorrow, Oct. 26. We talk about Shea’s unlikely entry into journalism, why Mexicans are perfect, why representation matters — and why, again and again, without question, he pays for fans’ utility bills and college classes.
More reading:
Q&A: Shea Serrano ponders life and more in ‘Movies (and Other Things)’
Covid certificates are a global mess, with countries operating a patchwork of incompatible systems. We look at why it’s so difficult to standardise digital health passes. When the results of Uzbekistan’s elections are published today, the only surprise will be the margin of victory for Shavkat Mirziyoyev, the country’s autocratic leader since 2016. The question is how far he can take his agenda of economic and political reform. And Non-Fungible Tokens (NFTs), a way of representing ownership of digital media, have taken the art world by storm. Why The Economist is getting in the game.
For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer