December 15, 2023

Newsletter #262 - The Courtroom

Hi Shitcoiners,


It’s that time of the week again and boy do we have a spicy edition of the newsletter for you. We also had another episode of Wage Cucking With Jmo drop! This week’s guest was Gajesh Naik, the teenage developer who knows his shit. Tune in, it was a good one.



For those of you without technical prowess, degeneracy is one way to spend your time. The degens of bear markets gone by were built different.



This week was the start of the highly anticipated trial of SBF. CoinDesk claimed that Ryan Salame was in attendance. Many think that was in fact, not Ryan. Skinny jeans to court is a strong look.



As you can imagine, plenty of your favourite CT participants were following along. Autism Capital reported that Sam is not getting his Adderall fix according to his lawyer.



Martin Shkreli knows first-hand how these things go. He has been breaking a lot of this down for the rest of us on his timeline. He was not bullish on the jury…



What a chad.



Old friend of SBF and former trader at Alameda, Adam Yedidia was testifying under an immunity agreement. He sounds pretty autistic. Nice.




The trial coincided with the release of Michael Lewis’ new book. The reviews have not been great so far.



But there are some golden nuggets in there.



Shkreli has been deep-diving into the book so you don’t have to. Caroline thought she was hot. We don’t know what to say.



We will be sharing more SBF gold as the trial continues over the coming weeks. In the meantime, we leave you with this.



Over in Singapore Su Zhu finally got some heat for his lack of co-operation, following the 3AC collapse.



They are also after Kyle. Here are the full details.



The OX chart was not looking too good as a result.



You can jail a man, but you can’t jail his ideas. We do love a bit of hopium!




Do Kwon, another of the fallen from the previous bull run is getting some heat of his own. The SEC is going after him. It’s hard to keep up with all of this legal action!



They are all in a better place now.



Justin Sun hasn’t met the same fate as the others, he is doing live broadcasts! If you don’t want to click on this one and translate it, here it is:


“Why can Justin Sun start a live broadcast on Douyin, and also enable co-production mode with major Internet celebrities? What's behind this? What will it bring?

Ht takes off? Trx Raging Bull Market? Is it still the second spring of Huobi?”


We don’t know what is happening here.



Always be shilling.



Justin can do marketing. VanEck cannot. What.



Drivechains are still a hot topic. If you were not at TABConf then you won’t have caught the debate between Paul Sztorc and Peter Todd. We particularly enjoyed the referee outfit.



Over on Ethereum, stay-at-home moms in yoga pants and kale chips were entering the conversation. If you are looking for a powerful analogy, look no further.



Real World Assets are the latest craze to sweep the industry and everyone wants the alpha. Can it be found in the MakerDAO Forum?





Snoop should have sat on his hands and waited for the elements to hit the market instead of launching his own NFT. We would have bought some Snoopium.



To some wholesome content now! What do some of your favourite industry personalities do when there’s not much going on? Let’s take a look. First up Ameen. He has been practising Farsi.



Romano has been going to the library for some reason.



And not necessarily one of your favourites, but a character from times gone by next. Ryan X Charles has married a horse.



To round this one off, BSV is blowing up from the inside.


That's all for this week. Follow Andreas on Twitter and stay up to date with us @Shitcoindotcom too. See you next time.


Team Shitcoin.com