
Crypto Violence Sparks Insurance Rush, NYPD Kidnapping Connection, SEC Hits Pause on Staking ETFs | June 2, 2025
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Why insurance companies are racing to offer kidnap and ransom coverage for high-net-worth investors (1:01), and how one alleged abduction case has rocked the NYPD (2:30). Plus, the SEC throws a wrench into the plans of two staking-linked ETFs (4:08), and South Korea completes its first legal Ethereum sale under new national rules (5:43).
This is your essential update on the forces shaping what’s next in money.
More on stories and articles mentioned or referenced in this episode:
Insurance Companies Look to Cash in on Crypto-Kidnapping Fears. Kevin Collier and David Ingram. NBC News.
https://www.nbcnews.com/news/amp/rcna209179
NYPD Probing Whether Detectives Were Inside Townhouse During Alleged Crypto Torture. Marc Santia, Melissa Russo, Jonathan Dienst, and Jake Offenhartz. Associated Press and NBC New York.
https://www.nbcnewyork.com/manhattan/nypd-investigation-crypto-torture-detectives/6284057/
SEC Flags Concerns on Crypto ETFs Offering Staking Rewards. Loukia Gyftopoulou, Isabelle Lee, and Nicola M. White. Bloomberg.
https://finance.yahoo.com/news/sec-flags-concerns-crypto-etfs-180757218.html
World Vision Becomes First Korean Entity to Trade Crypto. Jin-Seong Kim. Edited by Sookyung Seo. Korea Economic Daily.
https://www.kedglobal.com/cryptocurrencies/newsView/ked202506010004
The music in this episode was composed by Liborio Conti, and you can find more of his fantastic work at his YouTube page: https://www.youtube.com/liborioconti