Welcome to The Chopping Block \u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner, and Tarun Chitra explore the latest trends in crypto. This episode covers the anticipated Ether ETF Approval and its market impact, Biden's evolving crypto policy, and the bipartisan repeal of SAB-121. We debate the controversy around High FDV Low Float Tokens and discuss the DOJ indictment for a $25 million MEV exploit. Tune in for insights on memecoin performance, the role of prediction markets in politics, and the increasing participation of retail investors in the crypto market.\nShow highlights\n\U0001f539 Crypto Regulation: In-depth discussion on SEC Crypto Guidance, focusing on SAB-121 and its implications for the crypto and banking sectors.\n\U0001f539 Ethereum ETF News: Examination of the anticipated Ether ETF Approval, the political motivations behind it, and potential market implications.\n\U0001f539 Biden Administration Crypto Stance: Analysis of Biden's evolving crypto policy, bipartisan repeal of SAB-121, and how these shifts might affect the upcoming elections.\n\U0001f539 High FDV Low Float Tokens: Debate on the controversy surrounding high FDV low float tokens, recent market downturns, and potential market structure issues.\n\U0001f539 MEV Exploit DOJ: Overview of the DOJ indictment of two brothers for a $25 million MEV exploit, exploring the legal and ethical implications.\n\U0001f539 Memecoin Performance: Insights into current market trends, including the performance of memecoins versus VC-backed tokens, and predictions on future regulatory impacts.\n\U0001f539 Prediction Markets in Politics: Exploration of how prediction markets are influencing political stances, particularly Trump's pro-crypto stance and its effects on voter behavior.\n\U0001f539 Impact of Regulation on Crypto: Discussion on the increased participation of retail investors in the crypto market and its broader implications.\n\nHosts\n\u2b50\ufe0fHaseeb Qureshi, Managing Partner at Dragonfly\xa0\n\u2b50\ufe0fTom Schmidt, General Partner at Dragonfly\n\u2b50\ufe0fRobert Leshner, CEO & Co-founder of Superstate\n\u2b50\ufe0fTarun Chitra, Managing Partner at Robot Ventures\n\nDisclosures\nLinks\nHaseeb\u2019s \u201cWhy are all these low float / high FDV coins down bad?\u201d https://x.com/hosseeb/status/1792257063399403669\xa0\nTwo Brothers Arrested for Attacking Ethereum Blockchain and Stealing $25M in Cryptocurrency:\nhttps://www.justice.gov/opa/pr/two-brothers-arrested-attacking-ethereum-blockchain-and-stealing-25m-cryptocurrency\xa0\nTarun\u2019s Towards a Theory of Maximal Extractable Value I: Constant Function Market Makers:\xa0\nhttps://arxiv.org/pdf/2207.11835\xa0\nTimestamps\xa0\n(00:00) - Intro\n(2:20) - Congressional Response to SAB-121\n(12:05) - Are memecoiners activists?\n(16:09) - Crypto is a new wedge issue\n(19:03) - ETH ETF & Regulation softening\n(22:23) - Prediction markets steering politics\n(30:22) - Being anti-crypto is stupid\n(35:38) - "High FDV, Low Float" tokens\n(40:16) - Market structure problems\n(49:14) - Market price is not sustainable\n(55:38) - DOJ vs. MEV Bot Exploit\n(1:01:45) - Crypto-on-crypto crime\nLearn more about your ad choices. Visit megaphone.fm/adchoices