The Chopping Block: Nic Carter on Hamas Crypto Funding, SBFs Courtroom Collapse, and Dramas Involving Lido and dYdX - Ep. 564

Published: Nov. 2, 2023, 3 a.m.

b"Welcome to The Chopping Block \\u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner chop it up about the latest news. This week, the gang sits down with guest Nic Carter of Castle Island Ventures, whose tweet thread pushed the Wall Street Journal to correct its story that Hamas had raised tens of millions in crypto. Carter discusses the challenges in tracking how much crypto Hamas has actually received, the declining prospects for Sam Bankman-Fried\\u2019s acquittal, and ongoing dramas surrounding staking protocol Lido and decentralized exchange dYdX.\\xa0\\xa0\\n\\nShow highlights:\\xa0\\n\\nWhy the cross-examination has not gone well for Sam Bankman-Fried\\n\\nhow the Wall Street Journal misinterpreted data and may have overstated the amount of crypto donations flowing to Hamas for terrorist activities\\xa0\\n\\nwhy it\\u2019s difficult to pinpoint how much funding Hamas has raised in crypto donations\\n\\nhow extensive crypto funding for terrorists is believable to many outside observers of the industry, even recently some of its supporters in Congress, but does not reflect reality\\n\\nWhy Hamas has decided on its own to stop trying to raise funds in crypto\\n\\nhow Lido is upset at the way Layer Zero has pre-marketed its bridge\\n\\nwhy dYdX\\u2019s pivot to decentralization with fees going into its token is a positive development but does not give the protocol the moral high ground to attack erstwhile competitors such as UniSwap.\\n\\n\\nHosts\\n\\n\\nHaseeb Qureshi, managing partner at Dragonfly\\xa0\\n\\n\\nRobert Leshner, founder of Compound\\n\\n\\nTom Schmidt, general partner at Dragonfly\\n\\n\\nGuest\\n\\nNic Carter, general partner at Castle Island Ventures\\nDisclosures\\nLinks\\nPrevious coverage by Unchained on the trial of Sam Bankman-Fried:\\n\\nHow Heated Sidebars During the SBF Trial Could Impact the Jury\\u2019s Decision\\n\\n Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF\\u2019s Family\\n\\n Day 2: DOJ Says Sam Bankman-Fried \\u2018Lied\\u2019 While Defense Claims His Actions Were \\u2018Reasonable\\u2019\\n\\n Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact\\n\\n Day 4: SBF\\u2019s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda\\u2019s Special Privileges\\n\\nSam Bankman-Fried Trial: Here's Everything That Happened So Far\\n\\nDay 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?\\n\\nDay 6: Caroline Ellison Recalls 'The Worst Week of My Life'\\n\\n Day 7: In SBF Trial, Did the Defense Lose Its Opportunity With the Star Witness?\\n\\nDay 8: Former BlockFi CEO Adds Credibility to Fraud Charges\\xa0\\n\\n Day 9: Nishad Singh Describes Former FTX CEO as a Bully and Big Spender\\n\\nDay 10: Defense Struggles to Discredit Nishad Singh's Testimony\\n\\nDay 11: How Alameda Got FTX Into a $9 Billion Hole\\n\\nDay 12: Former FTX General Counsel Speaks Out Against SBF\\n\\nDay 13: Before Judge, Former FTX CEO Sam Bankman-Fried Gives Few Straight Answers\\n\\n Day 14: Sam Bankman-Fried Casts Blame on Others for Key Decisions at FTX\\n\\n Day 15: Prosecutors Hammer Bankman-Fried\\u2019s Contradictions With Reams of Evidence\\n\\nDay 16: In Final Cross Examination, SBF Gets Caught Again by His Own Words\\n\\n\\nHamas\\n\\nUnchained: Binance Helps Israel Police Freeze Hamas Crypto Accounts: Report\\n\\n\\nUnchained: Bitcoin Slips to $27.4K Amid Escalating Israel-Hamas War but Long-Range Impact Remains Uncertain\\n\\n\\nNic Carter Twitter thread: Can crypto-twitter OSINT outperform the WSJ\\u2019s chain analysis?\\n\\n\\nNic Carter Tweet: Liz Warren wyd?\\n\\n\\nThe Wall Street Journal: The Wall Street Journal and Liz Warren double down on the Hamas crypto canard\\n\\n\\nWashington Post: U.S. to warn crypto firms against financing Hamas, terror groups\\n\\n\\nCoinDesk: The Hamas Funding Story Is Why Crypto Is Sick of the Mainstream Media\\n\\n\\nLayer Zero/Lido\\n\\nLayerZero\\u2019s wstETH bridge deployment draws Lido DAO ire\\n\\nLayerZero introduces omnichain token to move Lido's wstETH across Avalanche, BNB Chain and Scroll\\n\\n\\ndYdX\\nExamining dYdX\\u2019s Path to Profitable DeFi\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"