Kristin Smith, Executive Director of the Blockchain Association, comes to talk about Tornado Cash, the lawsuit against Ooki DAO, the SEC charges against Kim Kardashian, and crypto legislation.
Show highlights:
- whether regulators did not understand the implications of sanctioning smart contracts
- the necessity of having a conversation around financial privacy
- whether the government wants sanctions compliance at the base layer
- the reasons behind the CFTC lawsuit against Ooki DAO
- why the SEC settled charges with Kim Kardashian and whether it was a publicity stunt
- the chances of the different crypto bills becoming law
- why Kristin thinks stablecoin legislation won’t come this year
- whether the CFTC being the main regulator of crypto settles the question of crypto being securities or commodities
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The lawsuit against Ooki DAO
- Previous coverage of Unchained on Ooki DAO: Why the Ooki DAO Case Could Hurt Participation in DAOs
- CFTC Filing
- $250,000 fine
- CoinDesk’s Nik De’s analysis
- CFTC Commissioner Summer Mersinger’s dissenting statement
- Jake Chervinsky’s opinion
- Ooki DAO’s options
- CFTC serving the members of the Ooki DAO via their forum
- Tim Copeland’s article on what’s next for DAOs
- A federal court ruled that the CFTC legally served Ooki DAO through a website help bot.
- The LeXpunK Army filed a motion for amicus status in the SEC case against bZx/Ooki DAO.
- Crypto group DeFi Education Fund argued that the CFTC should properly serve Ooki DAO’s actual members, not just the DAO at large.
Tornado Cash
Legislation
SEC charges against Kim Kardashian
Stablecoins
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