THE HASH: SEC Seeks to Slash $22M Fine on Crypto Firm LBRY; Paul Tudor Jones on State of Bitcoin in the U.S.

The most valuable crypto stories for Monday, May 15, 2023.

This episode is sponsored by Ciphertrace.

“The Hash” hosts discuss some of the top stories facing the crypto industry today, including hedge fund manager Paul Tudor Jones saying that bitcoin (BTC) has become less attractive thanks to an unfriendly regulatory picture in the United States. Separately, the SEC wants to revise a $22 million penalty set on crypto startup LBRY to $111,614, according to court documents. And, Worldcoin, the crypto project led by OpenAI CEO Sam Altman, is reportedly “in advanced talks” on a new round of funding worth $100 million. Finally, CoinDesk Chief Insights Columnist David Z. Morris sheds light on the ties between Sam Bankman-Fried and disgraced Congressman George Santos.

See also:

Bitcoin Has a ‘Real Problem’ in U.S.: Paul Tudor Jones

SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K

Sam Altman’s Crypto Project, Worldcoin, Releases First Major Consumer Product

Sam Bankman-Fried’s Ties to George Santos Are Just the Beginning

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Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.

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This episode has been edited by senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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