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Unchained

The Chopping Block: How This DeFi Hack Negotiator Gets Hackers to Return Stolen Money Ep. 577

Dec 1, 2023
Vivek Ramaswamy, former biotech CEO and U.S. presidential candidate, dives into the evolution of crypto hacks and negotiation tactics with seasoned negotiator Ogle. They unpack the KyberSwap exploit, revealing how nearly $50 million was lost across blockchains. Ogle shares his journey in tracking hackers and his empathetic approach to dealing with them. The discussion also touches on the regulatory landscape impacting innovation in digital assets and the rising challenges in balancing user freedom with accountability.
59:12

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The KyberSwap exploit highlighted the need for sophisticated security measures across various blockchain networks.
  • The evolution of crypto hacks has led to more systematic and professional negotiations with hackers.

Deep dives

Vivek Ramaswami's Background and Interest in Crypto

Vivek Ramaswami, a former biotech CEO and current Republican presidential candidate, discusses his passion for crypto, which stems from his belief in the promise of the 'code is law' vision of Bitcoin. He sees crypto as a way to challenge the administrative state and its overreach, which he views as unconstitutional and detrimental to innovation and productivity. Ramaswami's crypto policy is a part of his broader agenda to shut down the fourth branch of government and restore constitutional principles.

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