THE HASH: Alameda Seeks Return of $700M; Brian Armstrong's 'Super App' Vision for Coinbase

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4.7 • 698 Ratings

🗓️ 23 June 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by PayPal. The most valuable crypto stories for Friday, June 23, 2023. "The Hash" tackles today's hottest topics in crypto, including Alameda Research seeking the return of $700 million founder Sam Bankman-Fried appears to have paid for access to celebrities and politicians. Plus, Coinbase CEO Brian Armstrong envisions the exchange's platform to becoming a global "super app" like the popular WeChat. Meanwhile, the International Monetary Fund (IMF) states banning crypto may not be the best way of mitigating the associated risks. And, the Financial Action Task Force (FATF) says most jurisdictions are not complying with global crypto laundering norms. See also: Alameda Seeks Return of $700M Paid to ‘Super Networkers’ for Celebrity, Political Access Brian Armstrong Envisions Coinbase Eventually Becoming a 'Super App' Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” From our Sponsor: PayPal provides a secure and convenient platform for converting dollars into crypto. Start exploring new web3 applications with peace of mind knowing that PayPal has your back. Buy, Sell, Hodl, Transfer, Send, and Checkout with Crypto. All with PayPal. Get started today at PayPal.com/crypto. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This episode of The HASH is sponsored by PayPal.
0:10.6	This is the HASH podcast.
0:13.2	Stay informed with the latest on Bitcoin, ETH, The Metaverse, Web3, and more.
0:18.5	All on the Hash for your ears.
0:22.0	You're listening to the Coin Desk Podcast Network.
0:26.2	Hey there.
0:27.3	Welcome to The Hash here on Coin Desk TV and the Coindex Podcast Network.
0:31.4	I'm Zach Seward.
0:32.4	We got Jensenassie and Adam Levine on the show today.
0:34.8	It's a Friday.
0:36.1	Bitcoin is getting the party started early
0:39.1	hitting the 12 month high for the price of BTC, I guess on strong institutional interest with all
0:46.3	these Bitcoin ETF applications being submitted. But hey, who knows? The orange coin does mysterious
0:51.2	things. But again, it's up to the highest it's been in a year
0:54.9	north of $31,000 as we speak.
0:58.7	All right, I'm going to toss it to Jen.
1:01.6	You got the first story.
1:02.7	Not Bitcoin related, unfortunately, but an interesting detail in the FTX Alameda saga.
1:08.5	What do you got?
1:09.2	Not Bitcoin related, but I am wearing an orange
1:11.4	shirt coincidentally for the orange coin as we hit this milestone. So just like a great way to
1:16.6	start off the Friday show. Alameda Research, the hedge fund, as we know, the hedge fund arm of
	...

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