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Crypto vs. The World | Jake Chervinsky & Amanda Tuminelli

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Apr 11, 2024
Jake Chervinsky and Amanda Tuminelli, seasoned legal minds in the crypto space, dive deep into the legal battles shaking the industry. They discuss the evolving nuances of crypto regulations, including the Coinbase lawsuit and the implications of SEC actions. The pair explores the classification of airdrops as securities and the anticipated shifts in Ethereum ETF approvals. They touch on national security's influence on judicial impartiality and how the 2024 elections could reshape the regulatory landscape for cryptocurrencies.
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INSIGHT

Founder Excitement

  • Crypto founders are excited to find ways to operate within the U.S.
  • They seek paths through legal complexities to offer products and services to U.S. users.
INSIGHT

Coinbase Partial Win

  • Coinbase achieved a partial victory against the SEC.
  • The court dismissed claims regarding Coinbase's wallet but will proceed with the staking contract aspect.
INSIGHT

DeFi Front-End De-Risked

  • Wallets and DeFi front-ends likely aren't brokers due to the absence of a principal-agent relationship with users.
  • Users retain control over their assets and decisions.
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