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Is DeFi Illegal Now?

Bankless

Today Jake Chervinsky is back on the podcast to discuss Tornado Cash developer Roman Storm's court case and its implications on DeFi and the crypto industry.
  
Could DeFi be made illegal in the United States? Are DeFi developers going to be prosecuted if criminals use their code? Is it just DeFi? What other sectors could be at risk?

The answers to these and many other questions are discussed in today’s episode.

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✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/75?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E

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TIMESTAMPS

0:00 Intro
4:44 Roman Storm’s Case
12:52 Is DeFi at Risk?
18:20 The Ruling & Its Implications 
21:29 Money Transmission Explained 
25:52 Roman Storm’s Arrest
30:54 Are All DeFi Protocols At Risk? 
36:17 Prosecution of Privacy
43:11 What This Ruling Means & What’s Next
48:41 Best & Worst Case Scenario
53:11 Other Sectors At Risk
57:35 Other Cases
1:03:48 Totalitarian Nightmare
1:08:21 SEC Updates
1:12:00 US Election 2024
1:17:30 Geofencing
1:23:21 Are We Winning & Conclusion

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RESOURCES

Jake Chervinsky
https://x.com/jchervinsky

Jake Chervinsky’s Tweet
https://x.com/jchervinsky/status/1839412423096467753

A Practical Guide to Geofencing
https://variant.fund/articles/practical-guide-to-geofencing/

Defend Roman Storm
https://juicebox.money/@defend-roman-storm

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Is DeFi Illegal Now? Tornado Cash Case Update

 Get Ready To BUY CRYPTO! SEC IS COMING! 

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Get Ready To BUY CRYPTO! SEC IS COMING!

5 Upcoming Defi Catalysts That You CANNOT Miss! Defi Token Explosion - Full Walkthrough!

Chainlink Bullish Update, But Price Not Increasing!? | Should You Buy LINK?

CryptoBusy

Chainlink is a top 20 token with an impressive past and a promising future. In this video, Tom details why he thinks Chainlink is so important to the crypto space, what benefits it offers, and where the price could be heading in the future.

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Timestamps:
0:00 Intro
0:40 Chainlink's History
1:28 What is Chainlink?
3:34 Updates
4:26 Future
5:41 Chainlink's Strengths 
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Please remember and understand that all of these videos are strictly opinion pieces. Everyone has different opinions and approaches to the market and we always advocate for doing your own research. This is NOT financial advice, all decisions you make, whether based off this video or not are at your OWN risk.

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