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Block & Order

PleasrDAO Sues Martin Shkreli, Musk Withdraws Lawsuit Against OpenAI, SEC and the Debt Box Case- #15

21 Jun 2024

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Welcome to Episode 15 of Block and Order! In this episode, we kick things off with Pharma Bro Martin Shkreli facing a lawsuit from PleasrDAO over allegedly copying and sharing the one-of-a-kind Wu-Tang Clan album "Once Upon a Time in Shaolin".We then explore Robinhood's $200 million acquisition of Bitstamp and its ambitions to become a significant player in the crypto exchange market and discuss the SEC's decision to close its Salt Lake City office just weeks after the failed crypto case against Debt Box.Kyle and Moish also break down Elon Musk's surprising move to withdraw his lawsuit against OpenAI and delve into the intricate world of private asset tokenization, examining its potential impact on traditional finance. Lastly, we cover Terraform Labs' record-setting $4.5 billion settlement with the SEC and what it means for the future of crypto regulation.Like, subscribe, and comment to share your thoughts and suggestions for future episodes!0:00 Welcome to Block & Order1:23 PleasrDAO Sues Martin Shkreli5:26 Robinhood Acquires Bitstamp​9:42 SEC / Debt Box13:40 Musk & OpenAI​17:23 Private Asset Tokenization​20:58 Terraform Labs to pay $4.5bn in SEC fraud casePleasrDAO Sues Martin Shkreli for Allegedly Copying One-of-a-Kind Wu-Tang Clan Album:https://storage.courtlistener.com/recap/gov.uscourts.nyed.516318/gov.uscourts.nyed.516318.1.0.pdfRobinhood Set to Acquire Bitstamp​:https://techcrunch.com/2024/06/06/robinhood-acquires-global-crypto-exchange-bitstamp-for-200m/SEC Closes Salt Lake City Office Following DEBT Box Judgement​:https://www.coindesk.com/policy/2024/06/04/sec-to-shutter-office-behind-failed-debt-box-crypto-lawsuit/?_gl=1*z8z5ix*_up*MQ..*_ga*NDc1MjU0ODYzLjE3MTc1MzIzNTE.*_ga_VM3STRYVN8*MTcxNzUzMjM1MC4xLjAuMTcxNzUzMjM1MC4wLjAuNzkwOTQyMjA0Elon Musk Withdraws Lawsuit Against OpenAI and Sam Altmanhttps://www.wsj.com/tech/elon-musk-withdraws-suit-against-openai-sam-altman-f3443b9c?mod=ai_news_article_pos2​Private Asset Tokenization​:https://www.coindesk.com/opinion/2024/06/04/the-promises-and-perils-of-private-asset-tokenization/?_gl=1*1lizq24*_up*MQ..*_ga*MjAyNzMxMTIxMC4xNzE3NTk2NzAy*_ga_VM3STRYVN8*MTcxNzU5NjcwMS4xLjAuMTcxNzU5NjcwMS4wLjAuNjEyMzI4MTk4Terraform Labs Agrees to Pay $4.5 Billion Penalty to SEC:​https://www.wsj.com/finance/regulation/do-kwons-crypto-firm-agrees-to-pay-massive-4-5-billion-penalty-to-sec-35355452?st=4u527al5rays7tu&reflink=desktopwebshare_permalinkFollow us on all of our socials! Twitter: @BAndOShow LinkedIn: Block & Order Instagram: @blockandorder Tiktok: @blockandorder 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.

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