Are ‘Pharma Bro’ and Barron Trump behind DJT token, and is Kraken being extorted?

In over 150 episodes, we have never covered more crypto drama in a single episode than this one — not by a long shot. As usual, we’ll start with a rundown of Bitcoin in the past 24 hours, explaining why the price has felt stuck for so long, the insane number of short positions in BTC, and why one popular statistic about Bitcoin miners is misleading. Then it’s onto the drama, with Kraken claiming it is being extorted for $3 million by a mystery security research team, which then outed itself publicly, and Arkham has put out a $150,000 bounty to find out who is behind TrumpCoin, as rumors abound about “Pharma Bro” Martin Shkreli and Barron Trump.Further reading:Why is Bitcoin price stuck?‘Insane amount’ of Bitcoin shorters are hoping it won’t go to $70KBitcoin miner reserves drop to lowest in 14 yearsKraken says its being extorted following bug bounty reportCertiK identified Kraken exploit, claims exchange ‘threatened’ its team‘Pharma Bro’ claims Barron Trump holds private keys to DJT tokenReferences:So, grab yourself a coffee, and let’s get into it!@PastryEth's summary of key moments from Martin Shkreli's SpaceRise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.