The Importance of American Values and the Growth of Unchecked Surveillance

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The speakers discuss the concept of American values and their relation to global liberties and freedoms, highlighting the issue of government surveillance and its growth since the 1970s. Podcast sponsors Kraken, Mantle, and Arbitrum are also mentioned.

Seth Hertlein, VP Global Head of Policy at Ledger, and Michael Mosier, Co-Fouder of legal boutique Arktourous, Build Exante - FinCEN, Treasury, and Chief Technical Counsel at Chainalysis join us on today’s show to explain the modern financial surveillance apparatus. FATF, FinCEN, AML/KYC, OFAC...the blacklists, the greylists. How does it all work? Who makes the rules?

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----- TIMESTAMPS

0:00 Intro 9:10 Financial Surveillance 13:10 Data Collection 17:10 The Bank Secrecy Act 20:30 SARS 23:10 Understanding the Enforcers 30:30 Goals for FINCEN 38:55 OFAC Explained 51:11 Strict Liability 56:26 Process of Getting OFAC SDN List 1:00:50 Tornado Cash 1:11:05 What Should We Do? 1:21:05 Closing & Disclaimers

----- RESOURCES

Michael Mosier https://twitter.com/m_mosier_

Seth Hertlein https://twitter.com/SethHertlein

----- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠