2min chapter

Crypto Critics' Corner cover image

Prime Trust, TrueUSD, and Offshore Finance (Feat. Jonathan Reiter and Patrick Tan)

Crypto Critics' Corner

CHAPTER

The Crack in the Trust System in the United States

The trust system in the United States appears to be a pretty big crack here. I expect there are going to be some discussions about federalizing trust regulations. There are plausible ways in which this could have been on, but it's just a system that migrated to find a crack and exploited that crack.

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