This episode is sponsored by Ciphertrace.

"The Hash" tackles today's hot topics: The crypto case after First Republic is seized by regulators and sold to JPMorgan Chase in the largest bank failure since the 2008 financial crisis. Crypto entrepreneur Balaji Srinivasan explains his rationale for his $1M bitcoin bet and updates his timeline. Tron's Justin Sun apologizes after Binance's Changpeng Zhao fires a warning after Sun's recent token transfer. Plus, get ready for a new show where “Shark Tank” meets crypto.

See also:

Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at

This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”