Weekly Roundup 10/17/25 (Flash crash, pig butchering scam busted, Erebor charter granted) (EP.678)

Matt and Nic are back with another week of news and deals. In this episode: 

• We dissect the market structure behind the flash crash last week • What happened with Binance and Ethena? • Palmer Luckey’s de novo bank Erebor gets an OCC charter • Paxos’ fat finger • The US government has seized $15b in funds tied to pig butchering scams