Episode 458
📍 The SEC has acknowledged Grayscale's ETF proposals for Dogecoin and XRP, starting a review process that could take up to 240 days, potentially paving the way for the first US-listed ETFs for these cryptocurrencies.
📍 Crypto scammers raked in at least $9.9 billion in 2024, with "pig butchering" and AI schemes contributing to the surge, despite law enforcement efforts to crack down on these operations, according to a report by Chainalysis.
📍 A sitting US president has become a key player in the crypto industry, with Donald Trump's World Liberty Financial (WLFI) accumulating a treasury of over $400 million and investing in various crypto projects, sparking concerns about conflicts of interest and insider dealing.
📍 Crypto founders are clamoring for a spot in Trump's crypto portfolio, hoping to boost their token prices, with some projects seeing significant price surges after being publicly tied to the president's investments, raising questions about the nature of influence in the digital asset space.
