This is our second post this weekend! You’ll find our latest on the crypto collapse on David’s blog. [David Gerard]
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In this episode:
- More documents have come out on Binance’s “Tai Chi” plan to subvert US regulation.
- Binance appears to have been channeling bridged USDC reserves to Cumberland/DRW.
- Senators write a scathing letter to Binance, asking for a slew of documents.
- We told you bitcoin miners were fiddling accounts!
- Nishad Singh, another member of SBF’s inner circle, turns against Sam.
- Also, lawyers propose tighter bail restrictions for Sam — a flip phone and virtually no internet access.