Weekly Roundup 01/13/23 (Nexo raided, crypto charity boxing, DCG vs Gemini II) (EP.386)

Matt and Nic return for another week of news and deals. In this episode: 

• What’s happening with Proof of Reserves? • Will BTC and ETH have another fee crisis? • Nishad Singh has met with the SDNY in a proffer session • The SEC is investigating VC funds that invested in FTX • FTX debtors and the Bahamas announced a cooperation agreement • FTX announced that it has recovered over $5 billion in assets thus far • Gemini and DCG continue to face off • Cameron Winklevoss’ letter to DCG • Nexo is raided in Bulgaria for alleged money laundering • Robinhood is dropping support for Bitcoin SV • DCG is under investigation from the SEC • Mike Novogratz wants to punch disgraced crypto titans in the face • Crypto charity boxing • We review Ace Ventura: Pet Detective • SBF starts a Substack • Japanese retail sours on crypto • Should there be more charity boxing in crypto? • The state of crypto podcast sponsors

Content mentioned in this episode:

• Ria on Mirror, Reviving Trust in Crypto • Coinbase, 2023 Crypto Market Outlook

Sponsor notes:

• Subscribe to the Coin Metrics (https://coinmetrics.io/) State of the Network newsletter