Why the SEC Is Probing  Yuga Labs and Coin Center �Is Suing Treasury - Ep. 407

Why the SEC Is Probing Yuga Labs and Coin Center �Is Suing Treasury - Ep. 407

Unchained

Peter Van Valkenburgh, director of research at Coin Center, comes to talk about the SEC probe into Yuga Labs, how to determine whether something is a security, and Coin Center’s lawsuit against the US Treasury over the sanctions on Tornado Cash. 

Peter Van Valkenburgh, director of research at Coin Center, comes to talk about the SEC probe into Yuga Labs, how to determine whether something is a security, and Coin Center’s lawsuit against the US Treasury over the sanctions on Tornado Cash. 

Show highlights:

whether there’s an over-reliance on the Howey Test and how a token being non-fungible doesn’t mean it’s not a security

what constitutes an investment contract and how it works in the Metaverse

the consequences for NFT holders and issuers if the NFTs are considered securities

why Coin Center is suing the US Treasury over the Tornado Cash sanctions

Who the plaintiffs are

whether this lawsuit differs from the one Coinbase is supporting

how to solve the issue of bad actors like North Korea using tools such as Tornado Cash to launder money

the remedy Coin Center is looking for in the lawsuit against the Treasury 

how long the lawsuit could take to be resolved


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Peter
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SEC probe into Yuga Labs

Unchained article


CrypTones thread on land sales

Coin Center lawsuit over Tornado Cash sanctions

Coin Center lawsuit and statement


Unchained article 

Coinbase Backs Tornado Cash Lawsuit Against U.S. Treasury

North Korean hacks


Treasury Press release on the sanctions

Previous coverage of the Tornado Cash sanctions on Unchained:


Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says No 

Tornado Cash Sanctioned. Did the Government Overstep Its Bounds?

The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?

Given the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?

Preston Van Loon on Ethereum's Merge and His Lawsuit Against Treasury


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