Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the Big Picture Power Shifts remaking our world.

What's going on, guys? It is Monday, August 14th, and today we are talking about a wild

set of amicus briefs filed in the Coinbase against SEC case. Before we get into that,

however, if you are enjoying the breakdown, please go subscribe to it, give it a rating, give it a

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All right, friends, well today, as I said, the main focus of the show is a slew of amicus briefs

filed in the Coinbase case at the very end of last week.

But first, a quick update in the SBF saga.

Now, I'm sure all of you guys are at least a little bit familiar

with what happened at this point, but let's present it for completeness. TLDR, after months of

playing fast and loose with bail conditions, Sam has been sent to jail to await his trial.

Now, the big catalyst for this was, of course, last month's leaking parts of former Alameda CEO

Carolyn Ellison's journaled to the New York Times. Carolyn was the CEO of Alameda during the final

months of operations, was at times Sam's girlfriend, and will also be a key witness in Sam's

trial. Now, SBF had said through lawyers that he was merely trying to, quote, give his side of

the story. This is something that he has done a to, quote, give his side of the story.

This is something that he has done a lot of, apparently. Indeed, he has notched up over 100 phone calls with one New York Times journalist in particular, and that's just one of the many

reporters that he has been in touch with. The prosecutor argued effectively that this was

indirect witness tampering. They said that even though there hadn't been an overt communication with Ellison, the intention was clear, stating, I think the fact the defendant was more

subtle in his methods than a mobster doesn't mean it was benign. Now, the judge ultimately sided with

...