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