Ari Redbord, Head of Legal and Government Affairs at TRM Labs, talks about the sanctions on Tornado Cash, and the role of blockchain analytics tools in crypto. 

Show highlights:

  • Ari’s background as a federal prosecutor and his work for the US Treasury
  • why regulators sanctioned Tornado Cash, according to Ari
  • why the Ronin hack was important for regulators to start taking DeFi hacks more seriously
  • the fact that for the first time the Treasury Department sanctioned software
  • whether the Office of Foreign Assets Control (OFAC) messed up
  • whether regulators understood the impact on regular users
  • the role of TRM and blockchain analytics tools in mitigating risk
  • how decentralized applications use tools like the ones provided by TRM to comply with regulations and to block addresses
  • why, if Ari were a regulator, he would focus on regulation guidance
  • whether the sanctions on Tornado Cash are unconstitutional
  • what the future of privacy in crypto looks like and whether the government is going after privacy technologies

Thank you to our sponsors!

1inch: https://1inch.io/ Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021

Ari

Twitter: https://twitter.com/ARedbord

Tornado Cash

Hacks linked to Tornado Cash

Ronin: https://www.cnbc.com/2022/04/15/ronin-hack-north-korea-linked-to-615-million-crypto-heist-us-says.html

Harmony: https://decrypt.co/104138/north-korean-attackers-behind-100m-harmony-hack-report Crypto.com: https://www.wired.com/story/crypto-hack-nso-group-security-news/

Nomad: https://decrypt.co/106459/crypto-bridge-nomad-exploited-190m-frenzied-free-for-all

Previous Coverage of Unchained: Will the Nomad Mass Looting Change How Law Enforcement Treats DeFi Hacks?: https://unchainedpodcast.com/will-the-nomad-mass-looting-change-how-law-enforcement-treats-defi-hacks-ep-382/