22nd June 2026 > > Alabama, Bankman-Fried, & Coinbase.

tl;dr

The Alabama Senate primary points the way forward again. Bankman-Fried should just shut up. Coinbase is automating your investment strategy.

Market Snap

Market Wrap

Risk assets are ignoring the latest setback in the Middle East with Trump’s latest threats to begin bombing Iran again.

Occasional Series – The Greek Red Cross

Oh, how we laughed a couple of days ago (https://www.curiouscryptos.com/post/19th-june-2026-the-fed-and-altseason-or-not) when the UK Red Cross published advice that during this expected heatwave in the UK, people should turn off their central heating systems to help keep their house cooler than if the heating was kept on.

Not to be outdone, the Greek Red Cross has issued guidelines that if you “… have injuries … the wound should be immediately cleaned with clean water and soap; steady pressure should be applied to bleeding …”

Ah, bless.

Curious Cryptos’ Commentary – Alabama Senate primary

Senator Tommy Tuberville is standing down in November’s midterms. Contesting the primary to replace him included pro-crypto Barry Moore, described by Stand with Crypto as “strongly supports crypto”:

Crypto-aligned PAC Defend American Jobs spent over $12mm on advertising and media supporting Barry propelling him to nearly 56% of the vote. Fairshake, which provided the funding, had this to say:

“Our biggest spend of the cycle yielded yet another pro-innovation champion in the Senate, and with nearly $150 million cash on hand we are ready to continue driving the construction of the largest pro-crypto caucus in history.”

The days of TradFi lobbying hegemony are truly over. After every election, the US legislature will become more crypto-friendly. With each crypto PAC-supported successful candidate, those who do not get the blessing of Stand with Crypto become motivated to do so.

The US is destined to be the most crypto friendly country on Earth.

Curious Cryptos’ Commentary – Sam Bankman-Fried

Following the resounding failure of his appeal against his conviction for being a low-life scumbag who defrauded thousands of investors out of their hard-earned cash (not mine for FTX always looked a scam to me), Bankman-Fried has been quoted as saying that the FTX collapse "was mostly the result of an innocent accounting glitch." Which is utter nonsense.

He has also made this startling claim:

“Alameda was legally allowed to borrow as much as it wanted from FTX.”

I propose that for every day he maintains this fiction, two additional days are added to his sentence.

Curious Cryptos’ Commentary – Coinbase

Coinbase has made no secret of its desire to become an “everything” app, though to be fair it isn’t unique in that ambition.

Expanding beyond its original crypto remit to incorporate RWA, Coinbase is now allowing AI agents like ChatGPT or Claude to trade and move funds under user‑set guardrails:

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For disclosure purposes, the CCC Treasury has been a long-term investor in Coinbase.