A $300 million exploit at Kelp DAO exposed a liability question the DeFi industry has no good answer to: when infrastructure fails, who is responsible?

Katherine Kirkpatrick Bos, General Counsel at StarkWare, Jessi Brooks, General Counsel at Ribbit Capital, and Vy Le, General Counsel at Veda break down the Kelp and LayerZero finger-pointing, ask whether offering an insecure default configuration to 47% of your users creates legal duty of care, and argue that DeFi’s composable architecture may be its greatest legal vulnerability — not just a technical one.

This clip is from a longer conversation covering the Ninth Circuit’s prediction markets oral arguments, Amex’s agentic commerce launch, and what DeFi needs to do before regulators decide for it. Full episode here: https://youtube.com/live/UGjB2ncMxbc

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