Description

Lee and Jimmie discuss Nishad Singh’s sentencing in FTX case, new data from Pew on crypto ownership and sentiment, the BIS dropping out of a cross-border payments pilot, a new report on rampant wash trading in crypto, and the growth in crypto derivatives trading and platforms.

Lee’s X: @leereiners

Jimmie’s X: @jimmie_lenz

Related Links:

• Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation - The New York Times
• On cryptocurrency, 63% of US adults not confident it’s safe, reliable | Pew Research Center
• BIS Steps Back From Digital Payment Project Touted by Putin - Bloomberg
• Wash Trading Remains ‘Widespread’ in DeFi, Kaiko Says - Bloomberg
• Crypto exchanges turn to derivatives to lure cautious investors