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Unchained

The Chopping Block: EigenLayer Airdrop, LayerZero's Sybil Strategy, and Robinhood vs. SEC – What’s Shaping Crypto’s Future? - Ep. 644

May 10, 2024
Special guest Avichal Garg joins to discuss EigenLayer's airdrop controversy, LayerZero's Sybil strategy, and Robinhood's challenge against the SEC. They predict the future of SocialFi and the impact of VC-backed tokens vs memecoins on the market.
01:08:14

Episode guests

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Quick takeaways

  • EigenLayer addressed airdrop controversy, LayerZero innovated against Sybil attacks, Robinhood challenged SEC's Wells Notice.

Deep dives

Crypto Industry Response to SEC Actions

The crypto industry has been actively responding to SEC actions. Uniswap and ConsenSys received Wells Notices from the SEC, indicating potential enforcement actions. Uniswap decided to combat any lawsuit, while ConsenSys pre-emptively sued the SEC in Texas. ConsenSys accused the SEC of failing to provide clarity, impacting the industry. The fight against regulatory actions continues.

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