THE HASH: Headlines - Top Stories of the Week 01-17-23
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 21 January 2023
⏱️ 28 minutes
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| 0:00.0 | You're listening to the hash headlines on the CoinDest Podcast Network. |
| 0:09.1 | Get caught up on this week's top stories from the hash crew. |
| 0:14.7 | And just a reminder, CoinDesk is a new source and does not provide investment advice. |
| 0:24.1 | Tuesday's Top Story. |
| 0:27.5 | It's just me or it's a three bucks, just super intimidating. |
| 0:30.2 | It's just the three of us. Four is comfy. Four of us is comfy in this gen. |
| 0:33.5 | Okay, let's talk about SBF. Apparently, a lot of people in Washington, D.C. |
| 0:37.6 | have been taking cash from FTCs. |
| 0:39.4 | Of course, they thought it was legal at the time. |
| 0:41.1 | But right now, in the midst of Chapter 11 bankruptcy filings, it's not great place to be. |
| 0:45.9 | According to CoinDesk's own running of the numbers, about 196 members of the new Congress, including senators and congressmen themselves, have taken cash from |
| 0:54.4 | SBF in various amounts of, you know, from $2,000 all the way up. And now everyone's looking at and |
| 1:00.0 | being like, hey, what are we going to do with this money? According to different lawyers and |
| 1:04.3 | bankruptcy experts that CoinDiscope has spoken with, you do have to give this money back, quote, |
| 1:09.6 | even if you're mother Teresa. This is a pretty |
| 1:12.0 | different angle than we've seen on a lot of the other stories about SPF, because this has direct |
| 1:16.4 | ties to people who are just elected to our democracy. And they're, of course, looking into these |
| 1:20.7 | numbers themselves being like, do I need to give this money back? A lot of them have opted to |
| 1:24.7 | give the money back or I've donated to charity. The thing here is, if you do donate to charity, you're still liable to give that money back |
| 1:31.0 | to the creditors who are now processing through all the claims on FDX's balance sheet. |
| 1:36.6 | Zach, I want to throw this one over to you. |
| 1:38.4 | I love this story from Coin Desk getting into the numbers on the Chapter 11 filings here because it's really important to know who took money |
... |
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