With the implosion of FTX and the arrest of its founder, Washington finally woke up to the need for more effective regulation of cryptocurrency. Yet as government agencies and legislators take up the challenge of crypto regulation, the associated national security challenges need to be front and center, too.

Relative anonymity or pseudonymity make crypto currency naturally attractive to those seeking to avoid government oversight and intervention — like criminals, terrorists, and the states that sponsor them.

From cybercrime, terror finance, and sanctions busting to domestic extremism and drug and human trafficking, Washington needs a plan to tackle the unique challenges posed by crypto.

To unpack everything, guest host and FDD Senior Advisor Rich Goldberg is joined by economic and national security experts Alex Levitov and Elaine Dezenski.

Alex is an associate managing director at K2 Integrity where he works with financial institutions, technology firms, and jurisdictional authorities to identify, assess, and mitigate risks associated with money laundering, terrorist financing, bribery and corruption, sanctions evasion, and other forms of illicit financial activity. He recently co-authored with Rich an FDD report on the risks of digital assets: The Underside of the Coin.

Elaine is the senior director and head of FDD’s Center on Economic and Financial Power. She’s a powerhouse and leading thinker on geopolitical risk, supply chain security, anti-corruption, and national security.

Rich is the former Director for Countering Iranian Weapons of Mass Destruction at the White House National Security Council. Prior to that, he focused on U.S. foreign assistance, including foreign military financing, international security assistance, development, and economic support funds as a staffer on the House Appropriations Subcommittee on State-Foreign Operations. He also worked in the U.S. Senate, where he emerged a leading architect of the toughest sanctions on Iran. He was also the lead Republican negotiator for three rounds of sanctions targeting the Central Bank of Iran, the SWIFT financial messaging service, and entire sectors of the Iranian economy.