The Chopping Block: Why DeFi May Be Over-Complying With Tornado Cash Sanctions - Ep. 392

The Chopping Block: Why DeFi May Be Over-Complying With Tornado Cash Sanctions - Ep. 392

Unchained

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi and Tom Schmidt chop it up about the latest news in the digital asset industry. In this episode, Jill Gunter, the empress of Espresso, also joined the conversation. 
 
Show topics:

Whether product management is the new consulting

What is going to happen with macroeconomics and whether monetary policy is data-driven

Why Jill’s faith is getting renewed, especially after listening to Fed authorities

The TL;DR on the Ava Labs conspiracy story

Why the industry needs a decentralized RPC

The role of Flashbots and Ethermine in censoring transactions 

Potential over-compliance from the biggest crypto projects on how to deal with sanctioned addresses

Whether social slashing allows Ethereum to stay uncensored

The importance of educating regulators on crypto

What Haseeb thinks lawyers would recommend to Coinbase about validating transactions from sanctioned addresses

The significance of both transactional and application-layer privacy

How stablecoin providers need to implement some basic levels of privacy

Why corporations do not run Ethereum and whether users are pro-OFAC restrictions


Hosts

Haseeb Qureshi, managing partner at Dragonfly Capital

https://twitter.com/hosseeb

Tom Schmidt, general partner at Dragonfly Capital

https://twitter.com/tomhschmidt

 
Guest
Jill Gunter
Twitter: https://twitter.com/jillrgunter


Episode Links
 
Tornado Cash


Treasury Press release 


Tornado Cash developer arrested 

Circle freezes USDC in sanctioned wallets

Crypto exchange dYdX blocked accounts that received funds from Tornado Cash

What the sanctions mean for privacy coins

Celebrities get dusted

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?

Ava Labs Accusations:


CoinDesk article 

Crypto Leaks article

 
Social Slashing and Censorship on ETH

Axios summary of the situation

BitMex research on how the sanctions affect Ethereum

Ethermine banning transactions

Nic Carter’s article

Eric Wall’s article on social slashing

Hetzner banning Ethereum users

Previous Coverage on Unchained

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


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