Weekly Roundup 09/30/22 (CFTC comes after Ooki/bZX, the Fed abandons CFTC ambitions, the convenience yield of stables) (EP.355)

On The Brink with Castle Island

Matt and Nic return for news and deals of the week. In this episode:

• What caused the Pound Sterling to sell off?
• Deglobalization picks up
• Stirrings of a sovereign debt crisis emerge
• Explaining Deribit’s insider-led down round
• Can the market recover before Do Kwon, Machinsky, and 3AC are dealt with?
• Celcius’ Machinsky steps down
• Brett Harrison leaves FTX US
• 7 states issue C&Ds against Nexo
• The CFTC goes after Ooki DAO and DAO members
• The CFTC serves Ooki through a chatbox and a forum post
• How voting in a DAO can cause you to incur personal liability
• Why putting a DAO in a ‘legal wrapper’ might make sense
• The Fed will not pursue a digital dollar (for now)
• The ‘convenience yield’ of holding a CFTC
• OTB Bingo
• Would it be good for Bitcoin to be flippened?

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