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Will Thomas
Assistant professor of business law at the Michigan Ross School of Business and co-author of the Michigan Law Review article 'Crypto Kleptocracy', specializing in law, regulation, and crypto-related public integrity issues.
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Dec 17, 2025
• 1h 4min
How Crypto Is Turning America Into a Kleptocracy
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Will Thomas, an assistant professor at the Michigan Ross School of Business and co-author of 'Crypto Kleptocracy', delves into the shadowy world of cryptocurrencies and their links to corruption. He reveals how crypto's anonymity opens new channels for graft, enriching powerful figures while complicating legal accountability. Thomas explains the distinctions between meme coins and stablecoins, and their roles in illicit funding. The discussion also contrasts the Trump administration's lax approach to crypto with Biden's regulatory stance. What's the future of crypto legislation? Tune in for insights!
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