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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Crypto.com

 

Kristin

Twitter 

 

 

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 D