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"Comply or Die" reality is hitting crypto developers. Roman Storm of Tornado Cash was found guilty of operating an unlicensed money transmitter, while Samurai Wallet devs took plea deals. Meanwhile, Peter Thiel's Founders Fund raised $353M for Plasma - a fully compliant, surveillance-friendly stablecoin sidechain. We explore the stark contrast between privacy developers facing prison time and establishment players launching token sales with regulatory blessing.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
**Notes:**
• Roman Storm faces up to 5 years in prison
• Samurai devs face $6.3M in fines each
• Plasma raised $353M in oversubscribed round
• Only 10% of Plasma tokens for public sale
• 25% token allocation goes to investors
• Legal defense funds were crowdfunded
Timestamps:
00:00 Start
00:20 Is Peter Theil the Antichrist?
03:25 Tornadocash
18:39 Peter Theil goes ICO baby!
-
👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
Enjoy the show? Check out our website and newsletter by clicking here.
Questions or want to sponsor? [email protected]
Learn more about your ad choices. Visit megaphone.fm/adchoices
4.8
4747 ratings
"Comply or Die" reality is hitting crypto developers. Roman Storm of Tornado Cash was found guilty of operating an unlicensed money transmitter, while Samurai Wallet devs took plea deals. Meanwhile, Peter Thiel's Founders Fund raised $353M for Plasma - a fully compliant, surveillance-friendly stablecoin sidechain. We explore the stark contrast between privacy developers facing prison time and establishment players launching token sales with regulatory blessing.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
**Notes:**
• Roman Storm faces up to 5 years in prison
• Samurai devs face $6.3M in fines each
• Plasma raised $353M in oversubscribed round
• Only 10% of Plasma tokens for public sale
• 25% token allocation goes to investors
• Legal defense funds were crowdfunded
Timestamps:
00:00 Start
00:20 Is Peter Theil the Antichrist?
03:25 Tornadocash
18:39 Peter Theil goes ICO baby!
-
👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
Enjoy the show? Check out our website and newsletter by clicking here.
Questions or want to sponsor? [email protected]
Learn more about your ad choices. Visit megaphone.fm/adchoices
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