Two Ex-OFAC Lawyers Walk into a Bar ... and Discuss the Warren-Marshall Bill episode artwork

EPISODE · Apr 25, 2023 · 54 MIN

Two Ex-OFAC Lawyers Walk into a Bar ... and Discuss the Warren-Marshall Bill

from Validated · host Austin Federa

In this episode, Austin, Amira (Head of Policy at the Solana Foundation), and two ex-OFAC lawyers discuss regulation in web3 as it pertains to national security. Naturally, they discuss OFAC's sanction of Tornado Cash and consider other ways in which the government could have handled the situation. While the Tornado Cash sanction may be old news at this point, thoughtful conversations about the intersection of blockchain, national security, and technology ethics are always relevant. The recent Warren-Marshall Bill threatens to hold blockchain validators responsible for illicit activity on chain, which, like the Tornado Cash sanctions before it, will have overreaching consequences for the blockchain industry if it passes.  DISCLAIMERThe content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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In this episode, Austin, Amira (Head of Policy at the Solana Foundation), and two ex-OFAC lawyers discuss regulation in web3 as it pertains to national security. Naturally, they discuss OFAC's sanction of Tornado Cash and consider other ways in which the government could have handled the situation. While the Tornado Cash sanction may be old news at this point, thoughtful conversations about the intersection of blockchain, national security, and technology ethics are always relevant. The recent Warren-Marshall Bill threatens to hold blockchain validators responsible for illicit activity on chain, which, like the Tornado Cash sanctions before it, will have overreaching consequences for the blockchain industry if it passes.

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