- BEN Beats
- Posts
- ๐ฅ FTX & Chinese Bribes: Caroline Ellison Drops Explosive Allegations
๐ฅ FTX & Chinese Bribes: Caroline Ellison Drops Explosive Allegations
Securities laws against Compound founders proceed, and more!


Read time: 4 minutes
GM fam! Never a quiet day in crypto ๐ฅ Hereโs the playlist for today:
Top News ๐๏ธ
Tune into the Bitcoin Amsterdam Livestream ๐น
Upcoming Events & Promo Codes ๐ซ
Tweet of the Week ๐ฆ
New Remote Jobs ๐ผ
Resources to Get Crypto Smart ๐ง

Billionaires wanted it, but 54,578 everyday investors got it firstโฆ and profited
When incredibly rare and valuable assets come up for sale, it's typically the wealthiest people that end up taking home an amazing investment. But not alwaysโฆ
One platform is taking on the billionaires at their own game, buying up and securitizing some of historyโs most prized blue-chip artworks for its investors. In just the last few years, its investors have realized annualized net returns of 17.8%, 21.5%, 35% and more from these opportunities.
It's called Masterworks. Their nearly $1 billion collection includes works by greats like Banksy, Picasso, and Basquiat, all of which are collectively owned by everyday investors. When Masterworks sells a painting โ like the 16 it's already sold โ investors reap their portion of the net proceeds.
It's easy to get started but offerings can sell out in minutes. However, as a trusted partner, readers can skip the waitlist to join with this exclusive link.
Performance of exited investments is not representative of artwork that has not yet sold and past performance is not indicative of future results. See important disclosures at masterworks.com/cd
Top News ๐๏ธ
'โEllison admitted to falsifying Alameda's balance sheet, reporting a net asset value of $6 billion and total liabilities of $10 billion to lenders, while the actual net asset value was around $6 billion and total liabilities were $14.9 billion.โ Read more
โA federal judge in California has denied a motion to dismiss a securities lawsuit against key figures in Compound Labs and its associated entities. The plaintiffs allege that Compound violated financial regulations by selling unregistered securities in the form of COMP governance tokens.โ Read more
More trending:
Happening Now:
Watch the Bitcoin Amsterdam Livestream ๐น

We are ready for Bitcoin Amsterdam ๐ณ๐ฑ
Edward Snowden, Adam Back, Balaji Srinivasan, Jameson Lopp, David Bailey, Jimmy Song and more!
Upcoming Events & Promo Codes ๐ซ
North America
๐บ๐ธ Oct 22 | NY Tech Week | Ney York City, USA
๐จ๐ฆ Oct 20 - 22 | BlockHack Toronto | Toronto, Canada
๐บ๐ธ Nov 5 | Web3 ATL | Atlanta. USA
๐๏ธ Get 25% off with code: BEN-COMMUNITY-25
South America
Europe
๐ณ๐ฑ Oct 12 - 13 | Bitcoin Amsterdam | Amsterdam, Netherlands
๐๏ธ Get 10% off with code: BEN10
๐จ๐ญ Oct 20 - 21 | Plan โฟ Forum | Lugano, Switzerland
๐ช๐ธ Oct 24 - 26 | European Blockchain Convention | Barcelona, Spain
๐ฌ๐ง Oct 24 | Quant Strats UK 2023 | London, UK
๐ณ๐ฑ Oct 30 - Nov 3 | Solana Breakpoint | Amsterdam, Netherlands
๐น๐ท Nov 10 - Nov 11 | Staking Summit | Istanbul, Turkey
๐ต๐น Nov 13 - Nov 16 | Web Summit - Lisbon | Lisbon, Portugal
๐น๐ท Nov 13 - Nov 19 | DevConnect | Istanbul, Turkey
๐ฌ๐ง Nov 20 - 22 | Finance Magnates London Summit FMLS:23 | London, United Kingdom
๐ณ๐ฑ Nov 21-22 | MoneyLIVE Payments Europe | Amsterdam, The Netherlands
Africa
๐ฌ๐ญ Oct 27 - 28 | Africa Blockchain Summit | Accra, Ghana
Asia
๐ป๐ณ Oct 12 - 13 | Vietnam Blockchain Summit | Ho Chi Minh City,
Vietnam
๐ฒ๐พ Oct 13 - Oct 15 | Ethereum Kuala Lumpur | Kuala Lumpur, Malaysia
๐ฆ๐ช Oct 15 - 18 | Future Blockchain Summit | Dubai, UAE
๐ฆ๐ช Oct 16 - 20 | Future Urbanism & Smart City Expo & Summit | Dubai, UAE
๐ฆ๐ช Oct 24 - 25 | Blockchain Life | Dubai, UAE
๐ญ๐ฐ Oct 30 - Nov 5 | Hong Kong Fintech Week 2023 | Hong Kong
๐ฆ๐ช๓ ก๓ ฅ๓ ค๓ ต๓ ฟ Nov 1 - Nov 2 | World Blockchain Summit in Dubai | Dubai, UAE
๐ฆ๐ช Nov 2 - Nov 4 | Cardano Summit | Dubai, UAE
๐ณ๐ฑ Nov 23-24 | World Block Chain Summit | Delhi, India
๐ณ๐ฑ Nov 23-24 | Digital Acceleration & Transformation Expo, Date with Tech | Delhi India
๐ฆ๐บ Nov 16 | Wiki Finance Expo | Sydney, Australia
Tweet of the Week ๐ฆ
Lending APYs are growing thanks to RWAs
The growth can be attributed to an arbitrage opportunity presented by borrowing stablecoins at rates below those delivered by RWAs.
As RWAs become more accessible, we expect stablecoin APYs to trend closer to real world interest ratesโฆ twitter.com/i/web/status/1โฆ
โ Messari (@MessariCrypto)
2:49 PM โข Oct 11, 2023
New Remote Jobs ๐ผ
๐ ๏ธ Developer Relations at Cooperative Kleros
๐ Policy Writer at Cooperative Kleros
๐ Chief Executive Officer at Telos Foundation
๐ฃ Marketing Lead at DRPC.org
๐ Blockchain Analytics Lead at P2P.org
๐ฅ HR Generalist at Lightcurve
๐ Head of Engineering at Boson Protocol
๐พ Senior Data Engineer at Almanak
๐ง Web3 Solidity Bootcamp at Metana, Inc.
Resources to Get Crypto Smart ๐ง
Web3 Daily - The latest Web3 news, but translated into plain English, so anyone can understand it.
Ponder Crypto - A weekly email that will entertain and educate readers on all things crypto in just 5 minutes!
โจ One-Click Signup
Alts.co - a newsletter about investing in alternative assets like art, LEGOs, NFTs, farmland, and more!
Early Bird - Join over 1000 investors to learn about stocks, cryptocurrency, and crowdfunding in 3 minutes or less
Morning Brew - The daily email that delivers the latest news from Wall Street to Silicon Valley
Get Your Project in Front of Crypto OG's โญ
Founded in 2014, we have one of the longest-running and most engaged audience of 50k+ across our newsletter and socials, including investors, traders, founders, and developers all hungry to master blockchain. Get in front of them before we run out of spots!
Looking for a Co-Founder or Investors? ๐ค
Looking for co-founders, investors, advisors, or more? Join BEN and we'll do our best to match you amongst our network of 7,000+ members!

Disclaimer: This newsletter is purely educational and is not intended to be financial advice. Please don't take it as such. This is not an invitation to buy or sell digital assets, nor does it suggest how you should make financial decisions. Always do your own research.
This newsletter contains affiliate links for which we earn a commission
Reply