Market Bubble

Coinbase CEO Reveals Why He Sued The SEC

Jul 24, 2026 · 2 hr 51 min · 12 segments

Banks and Ansem celebrating the show's growth, crowning commercial-contest winners, and launching a community book club, then bringing on Cyrus (Cyrus NFT), a self-described "money glitch" hunter, who…

Banks and Ansem celebrating the show's growth, crowning commercial-contest winners, and launching a community book club, then bringing on Cyrus (Cyrus NFT), a self-described "money glitch" hunter, who breaks down how he farmed a World Cup prediction-market glitch into roughly $250K in free tickets and shares stories of NFT lending, blast/friend.tech airdrops, and the ethics of talking your bags up. Boston Celtics legend Kendrick Perkins then joins for an emotional, wide-ranging interview covering his pick for LeBron's next team (Miami, for happiness and a title shot alongside Giannis), the argument that LeBron's career-long pressure makes him the true GOAT, Perkins' own post-retirement depression and reinvention as a media personality, and blunt financial advice about watching your own money and valuing relationships over quick paydays. The headline segment is Coinbase CEO Brian Armstrong, who recounts founding Coinbase from the 2010 Bitcoin white paper through surviving early hacks, winning a lawsuit against SEC chair Gary Gensler (including the revelation that Gensler's texts were mysteriously deleted), pushing DC lawmakers on the Clarity Act, and candidly addressing the week's PFP controversy, while the hosts push him on Coinbase doing more community engagement and content (praising hires like Kobe). The episode closes with the hosts reflecting on how humanizing crypto figures through long-form content beats Twitter pile-ons, riffing on Elon Musk, xAI, and Apple's AI positioning, before handing off to a post-show segment where Z interviews MetaDAO's "Meta Profit" about token-aligned "decision markets" for crypto fundraising.

Banks and Ansem celebrating the show's growth, crowning commercial-contest winners, and launching a community book club, then bringing on Cyrus (Cyrus NFT), a self-described "money glitch" hunter, who…

Top entities: Coinbase×21 Brian Armstrong×20 Bitcoin×7 Non-fungible token×46 Kendrick Perkins×9

Show Growth & Upcoming Guests0:42 – 2:56

0:42

um listen today's gonna be a fucking good one bro we got a lot of good shit planned um we're interviewing brian armstrong today um as well as kendrick perkins boston celtics legend a lot of good shit a lot of good shit and i'm fucking excited and i'm just i'm feeling extra grateful today how are you feeling

AnsemHost

0:59

same bro i'm feeling extremely grateful it seems like uh at the beginning people were kind of iffy on the show and then like as it's developed and we've done more and more and more people i feel like they're getting good content out of it and are really appreciating it.

AnsemHost

1:12

So that's been awesome to see.

AnsemHost

1:13

I feel like we have a diverse range of guests that we've brought on.

AnsemHost

1:16

We've done that deep AI tech shit.

AnsemHost

1:18

We've done the culture shit.

AnsemHost

1:19

We've done the market shit.

AnsemHost

1:21

We've given some good trades on here.

AnsemHost

1:23

We've pretty much covered everything I feel like, which is exactly how I wanted it to look like.

AnsemHost

1:26

So it's been cool to see the vision come together.

AnsemHost

1:28

I'm excited for how we keep building it out, to be honest.

AnsemHost

1:33

And we're starting to read, which is even crazier.

AnsemHost

1:35

We are starting to read.

AnsemHost

1:36

We'll get to that in

1:37

a second.

1:38

We're starting a little book club, being proper 40-year-old men over here.

1:44

um but yeah no just just on that note though i just want to say thank you to fucking everybody who's showing up and supporting the show and um yeah it's flipped pretty fairly quickly i mean when we dropped the show initially people were kind of memeing it and you were seeing like bold leonidas doing his funny little cartoons and people just like whatever um famous infamous clip of you talking about not owning bitcoin or solana turned out to be right about that um and you've been a right a lot on the show up to this point and um Yeah, you got guys like him.

2:12

This is kind of a full circle moment for me.

2:13

I've been following him since I fucking joined Crypto and he's somebody who I really, really respect his opinion.

2:18

He's definitely one of like my quants and him talking about watching the show regularly and just kind of vouching for the show.

2:24

Seeing things like that a lot and just generally like positive sentiment around the show.

2:29

People are seeing it.

2:30

The vision's coming together and I couldn't be more grateful for it, to be honest.

2:34

Really trying to just continue to curate this community with things like the commercial contest.

2:39

And you're hosting the fucking graffiti thing right now.