Binance’s Billion Dollar Penalties, OpenAI & Sam Altman Drama, Bullish Buys Coindesk


Nov 30, 2023

In today’s episode, we break down the never-ending OpenAI and Sam Altman saga, SEC’s charges against Kraken, DAO governance models, and Binance’s $4.3 billion settlement opened a discourse on the future landscape of industry compliance. Our conversation ends with Bullish’s strategic acquisition of CoinDesk, and the potential implications this holds for journalistic integrity in the crypto space.

Listen now on Block & Order!

Chapter Markers:

0:00 Welcome to Block & Order

2:02 Binance Pays Billions in Penalties, Changpeng Zhao steps down

6:52 OpenAI – Sam Altman hired and rehired

11:16 Aragon DAO votes to sue founders

15:57 SEC files complaint against Kraken

20:07 Tether and OKX collaborate with DOJ

24:22 Coindesk purchased by Bullish

Show Notes:

Binance Pays Billions in Penalties, CZ steps down: https://www.wsj.com/finance/currencies/binance-ceo-changpeng-zhao-step-down-plead-guilty-01f72a40?st=lxy2nlwpbbrp2zp&reflink=desktopwebshare_permalink

OpenAI – Sam Altman: https://www.wsj.com/tech/openai-employees-threaten-to-quit-unless-board-resigns-bbd5cc86

Aragon DAO sues founders: https://www.theblock.co/post/263924/a-dao-is-funding-a-lawsuit-against-its-own-founding-team

SEC files complaint against Kraken: https://x.com/SenLummis/status/1726768494069354545

Tether, OKX collaborate with DOJ to seize $225m in illicit USDT fund: https://cryptoslate.com/tether-okx-collaborate-with-doj-to-seize-record-225m-in-illicit-usdt-funds/

Coindesk purchased by Bullish: https://www.wsj.com/finance/currencies/company-led-by-former-nyse-president-buys-crypto-news-site-coindesk-af3b5cc2?st=v127ulsn43es4c5&reflink=desktopwebshare_permalink

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Please note that this show is meant for informational and entertainment purposes only. This is not legal advice. Please hire your own attorney. The hosts or guests appearing on Block and Order may hold cryptocurrency, NFTs, or other digital assets from companies mentioned during our programming. This possession of digital assets does not constitute a professional endorsement, legal advice, or financial advice. Listeners are encouraged to consult with their own legal and financial advisors for personalized guidance in the blockchain and cryptocurrency space.