SEC Approves Bitcoin Spot ETF, Logan Paul’s CryptoZoo Scandal & NFT Buyback Program, and More


Jan 12, 2024

 

In today’s episode of Block and Order, we discuss a new era for digital assets, the SEC’s approval of a Bitcoin spot ETF and its impact on the regulatory landscape for cryptocurrencies, as well as Logan Paul’s CryptoZoo NFT buyback program announcement. Hosts Kyle Lawrence and Moish Peltz also break down the Lazy Lions NFT project’s announcement to auction off their project to a new operating team and the implications of the Southern District of New York Federal Judge Rakoff’s ruling on the classification of digital tokens as securities. Celsius’ bankruptcy settlement requiring withdrawals over $100k to return 27.5% prompts discussion about creditor rights in complex financial proceedings.

Tune in as Kyle and Moish unpack the legal issues facing the world of web3 and beyond.

Chapter Markers:

0:00 – Welcome to Block and Order

0:56 – BTC Spot ETF

6:03 – Logan NFT Paul Buyback Program

9:33 – Lazy Lions leadership stepping down

13:14 – LUNA is a Security

17:48 – Celsius Clawback Settlements

Show Notes:

SEC Approves Bitcoin Spot ETF: https://www.sec.gov/newsroom/speeches-statements/gensler-statement-spot-bitcoin-011023

Logan Paul Buyback: https://x.com/LoganPaul/status/1742965334645276708?s=20

Lazy Lions NFT Project’s Leadership Stepping Down: https://x.com/russnormandin/status/1742556429368619225?s=46&t=SQfmdetzSAaJdMyg8P8U6A

SDNY Rules in Favor of the SEC Against Terraform Labs and Do Kwon: https://cointelegraph.com/news/breaking-us-court-rules-favor-sec-do-kwon-terraform-labs-case

Celsius Update Regarding Bankruptcy Clawbacks: https://www.theblock.co/post/271418/celsius-creditors-who-withdrew-90-days-before-bankruptcy-are-asked-to-send-money-back

Watch or listen to the podcast here:

   

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.