Unchained

DEX in the City: Insider Trading and Crypto: What the Law Actually Says - Ep. 962


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Insider trading has become a hot topic in crypto in recent months from questionable digital asset treasury stock trades to suspiciously timed asset trades amid news-led market volatility. But do people really know what it means?

In this episode of DEX in the City, hosts Jessi Brooks of Ribbit Capital, Katherine Kirkpatrick Bos of StarkWare and Vy Le of Veda explore the complexities of insider trading law and how blockchain technology can make it easier to detect.

They also delve into how AI agents impact market dynamics, the problem with regulators not being able to hold crypto and how insider trading law would differ from centralized to decentralized platforms. Plus Katherine talks about the future of front running and Vy explains how DATs should approach insider trading policy.
Hosts:

  • Jessi Brooks, General Counsel at Ribbit Capital

  • Katherine Kirkpatrick Bos, General Counsel at StarkWare

  • TuongVy Le, General Counsel at Veda

    Links:

    • Unchained:

      • Why the Black Friday Whale’s $192 Million Crypto Trade Was Legal

      • Insider Trading? Yep, But the Real Story Is Securities

      • The Department of Justice Goes After Its First NFT Insider Trading Case

      • SEC and FINRA Scrutinize 200 Crypto-Treasury Firms: Report

      • How the x402 Standard Is Enabling AI Agents to Pay Each Other


        Timestamps:

        🚀 00:00 Introduction 

        🌫 01:25 Why insider trading is not as clear cut as many think

        ⚡️18:21 How blockchain has made insider trading detection easier 

        💡 20:15 Why Katherine sees the crypto front-running landscape changing as tokenization takes off

        🤔 23:35 Do AI agents unfairly affect market balance?

        🧱 25:38 The problem with regulators not being able to hold crypto

        ⚠️ 30:20 How DATs are in a tricky spot as regards insider trading

        💡 33:25 Vy explains how DATs should approach insider trading policy 

        🚨 36:08 How insider trading controls work in TradFi

        💥 42:06 How insider trading policy would differ from CeFi to DeFi


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        UnchainedBy Laura Shin

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