It is Monday, June the 1st. I'm your host, David Canales, and this is the breakdown.

As usual, I've got some quick stories for you this morning to get you ready for the week

ahead. We're looking at Anti-Clarity Act FUD. There's a new ad campaign trying to sway senators

to vote against clarity as it moves past markup and into the final stages of debate.

We're going to see what's going on there.

We're also looking at SpaceX pre-IPO perps,

getting briefly wrecked on hyperliquid.

We're going to take a look at why there was a flash trash on space IPO perps

and what's going on with that.

We're also going to be looking at Cardano,

not getting enough money or at least not getting the

green light from its community members, from its Dow to fund its annual conference. We would take

a look at that and the concept of zombie chains and some other things. But in any case,

enough jibba jabber. This is the breakdown. Let's get to it.

Nothing said on the breakdown is a recommendation to buy or sell securities or tokens.

This podcast is for informational purposes only and any views expressed by anyone in the show are opinions, not financial advice. Host and guests may hold positions in the

company's funds or projects discussed. Okay, first let's jump into this

clarity act fud coming out of a centrist democratic group called New Democracy. And apparently they

have spent six figures on some ads which will run across digital streaming and traditional

television ads aimed at educating voters about

the crypto legislation push and sparking conversation on what issues congressional Democrats

prioritize ahead of November. I'm going to play these two ads. They've got two ads on their

...