BREAKDOWN: The SEC Finally Picks a Fight With Someone Who Can Fight Back
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 23 March 2023
⏱️ 17 minutes
🧾️ Download transcript
Summary
An SEC Wells Notice and a legal challenge were announced by Coinbase.
Gary Gensler just doesn't stop. This week we’ve seen actions against Justin Sun, SushiSwap and now Coinbase. NLW covers the latest Wells Notice from the SEC and why Coinbase might prove a tougher opponent than what Gensler is used to.
-
“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Kevin Dietsch/Staff/Getty Images, modified by CoinDesk.
Join the discussion at discord.gg/VrKRrfKCz8.
Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | In the wake of one of the most tumultuous years in crypto history, the conversations happening |
| 0:05.8 | at Consensus 2023 have never been more timely and important. |
| 0:09.4 | This April, CoinDess is bringing together all sides of the crypto, blockchain, and |
| 0:13.1 | Web3 community to find solutions to crypto's thornyest challenges, and finally deliver on the |
| 0:18.0 | technology's transformative potential. |
| 0:20.0 | Join developers, investors, founders, brands, policy makers, and more in Austin, Texas, April 26th to 28th for Consensus 2023. |
| 0:27.6 | Listeners of the breakdown can take 15% off registration with code breakdown. |
| 0:32.1 | Register now at consensus.com and join CoinDesk at Consensus 2023. |
| 0:45.0 | Music dot coin desk.com and join CoinDesk at Consensus 2023. Welcome back to The Breakdown with me, NLW. |
| 0:49.2 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts |
| 0:53.2 | remaking our world. The breakdown is |
| 0:56.0 | produced and distributed by CoinDes. What's going on, guys? It is Thursday, March 23rd, and today |
| 1:03.8 | we're discussing why the SEC has finally picked a fight with someone who can fight back. |
| 1:09.9 | Before we dive into that, however, if you are |
| 1:11.4 | enjoying the breakdown, please go subscribe to it, give it a rating, give it a review, or if you |
| 1:14.9 | want to dive deeper into the conversation, come join us on the Breakers Discord. You can find |
| 1:18.8 | a link in the show notes or go to bit.ly slash breakdown pod. All right, guys, well, what |
| 1:23.0 | I've learned this week is that I cannot leave my house. The last time I left, FtX collapsed, the entire |
| 1:29.2 | industry hollowed out, so much of what we've been living through now happened when I was gone, |
| 1:34.6 | and this time, gone for just a couple of days. The SEC's Gary Gensler has decided to absolutely |
| 1:39.7 | carpet bomb the industry with enforcement actions. That's, of course, on top of the White House |
| 1:44.0 | releasing their most antagonistic crypto report ever, and Elizabeth Warren deciding that |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.