81: Custodian Going Bankrupt? | What's Going On With Prime Trust and How Does It Affect Swan, Strike, River | Binance and Coinbase Sued by the SEC

A deeper dive into the pros and cons of qualified custodians used by exchanges vs having your own infrastructure. A bankruptcy scare that led to speculation. Seems like Swan is doing just fine as it adds 85 jobs openings, triples the sales team and 15x's marketing spend.A light touch on the Binance and Coinbase lawsuits as well.Links from the show:Strike Twitter Thread of Updates, including infrastructureStrike Infrastructure Update Blog PostBinance Lawsuit from SECSwan Signal on Binance/Qualified CustodiansSEC sues Coinbase over exchange and staking programs, stock drops 12%SEC Sues Binance on 13 ChargesCory Klippsten on Qualified CustodiansDavid Bailey's Original Twitter post on custodian going bankruptScott Purcell of Fortress Trust talking about his former company Prime TrustCrypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: SourcesPrime TrustFortress TrustBitgoBTC Sessions YouTube TutorialsAssessing Risk in Bitcoin Custody - Swan Blog==============================Check out getbitcoinfi.com for more blog posts and articles, and get involved in the community.Strike - the Venmo of crypto. Buy, sell and send crypto with no fees. Use my link to get $5, no purchase necessary.Cash App has low fees and Bitcoin only. Get $5 when you sign up with me linkRiver is the latest platform I’ve used to buy Bitcoin. You can learn more about it here.Swan Bitcoin: Lower fees than Coinbase with a strong focus on educationEarly Bird - The easiest way to invest for your kids future with your friends and familyFountain is a way to listen to podcasts, earn Bitcoin and support your favorite content creators.My TwitterTip Satoshi's to support the pod here==============================Note: Swan Bitcoin & Streitwise are my only affiliate relationship and I am a brand ambassador for Early Bird - the rest are mutually beneficial referral links.