Wednesday Mar 05, 2025

Crypto Revolution: Trump’s Bold Plan and the World’s Largest Heist

Explore Trump's ambitious proposal for a U.S. Crypto Strategic Reserve and its potential global impact. Dive into the largest crypto heist in history, with $1.4 billion stolen from Bybit, and the sophisticated laundering operation behind it. Plus, the heated debate over North Carolina's pension plan investment in Bitcoin and the environmental challenges facing the crypto industry. This episode offers a comprehensive look at the evolving landscape of digital currencies, financial security, and sustainability.

Sources:
https://news.northeastern.edu/2025/03/04/federal-crypto-reserve-trump/
https://techcrunch.com/2025/03/04/hackers-launder-most-of-bybits-stolen-crypto-worth-1-4-billion/
https://www.wral.com/story/invest-the-nc-pension-plan-in-bitcoin-state-lawmakers-have-their-doubts-despite-bill-s-powerful-backer/21892029/
https://www.sify.com/cryptocurrency/the-price-of-money-can-cryptocurrency-go-green/

Outline:
(00:00:00) Introduction
(00:00:44) Trump wants to establish an official cryptocurrency reserve. How would that work?
(00:03:44) Hackers launder most of Bybit's stolen crypto worth $1.4 billion
(00:07:17) Invest the NC pension plan in Bitcoin? State lawmakers have their doubts, despite bill's powerful backer
(00:10:27) The Price Of Money: Can Cryptocurrency Go Green?

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