In this episode of Block and Order, we dive deep into the high-profile case of Yuga Labs and its victory in a trademark infringement trial, SEC v Jarkesy, the controversy surrounding Hamas and cryptocurrency funding, and highlighting the need for accurate reporting. Additionally, we discuss LBRY’s recent shutdown, showcasing the evolving landscape of Web3 and its legal challenges. Moish also shares his thoughts about sitting in on Sam Bankman-Fried’s trial and SBF’s testimony to Judge Kaplan. Join us as we unravel the complexities of the crypto world.

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Chapter Markers:

0:00 Welcome to Block & Order

1:12 Yuga wins trademark suit against Ryder Ripps

6:16 Hamas funding for crypto

9:33 LBRY shuts down

13:41 Supreme Court will decide whether SEC’s in-house enforcement actions violate 7th Amendment

17:49 Sam Bankman-Fried testifies in court

21:27 Cryptocurrency exchange Kraken to comply with the IRS’s John Doe Summons

Show Notes:

Yuga Labs wins trial: https://nftnow.com/news/court-says-ryder-ripps-acted-in-bad-faith-yuga-labs-lawsuit/

Wall Street Journal: https://www.wsj.com/world/middle-east/militants-behind-israel-attack-raised-millions-in-crypto-b9134b7a?mod=article_inline

Hamas crypto funding – Chainalysis: https://www.coindesk.com/consensus-magazine/2023/10/19/hamas-crypto-funding-likely-overstated-chainalysis/

LBRY shuts down / Pierce Dissents: https://www.sec.gov/news/statement/peirce-statement-lbry-102723

Jarkesy v SEC: https://www.pionline.com/regulation/sec-faces-murky-future-house-enforcement-cases

SBF testifies in court: https://www.dlnews.com/articles/people-culture/bankman-fried-testimony-did-not-go-well-on-thursday/

Kraken Notice of IRS Information: https://support.kraken.com/hc/en-us/articles/notice-of-irs-information-request

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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.