Ryan Sean Adams

Can you just talk, and then I'm not sure what happens after that.

Is it just like tainted Bitcoin somewhere or is it, you know, cleaned ether if it's on the other side of tornado cash?

Like what happens and how do they get that into the kind of the real economy in order to purchase weapons and nuclear capabilities and that sort of thing?

It would be insane for North Korea to keep those funds in USDT.

Okay, so in the Bybit hack, as an example, 1.5 billion Ether were stolen within 72 hours.

Most of that was in Bitcoin, on the Bitcoin blockchain by route of, what, ThorChain?

And they prefer Bitcoin just because of what versus raw Ether because it's got more connections into the kind of the OTC, Chinese crime, money laundering type world.

But then ultimately, this ends up off-chain.

So they're not keeping the Bitcoin in Bitcoin.

They are moving this off-chain through...

You know, various Chinese.

I mean, this is where I sort of don't have it settled in my own mind.

And I'm just curious kind of what you think here, right?

So I don't think anyone listening wants North Korea or bad guys or, you know, theft to happen on Jane.

They want to see the bad guys get prosecuted.

And yet, oftentimes, I mean, you mentioned like things like Ethereum and Bitcoin being a double edged sword.

You know, something if you take something like privacy, that also seems to be a double edged sword and cut against some of those things that you mentioned, which is being able to track and identify the bad guys.

You take something like ThorChain and your response seemed to indicate, you know, what you wish was that ThorChain would actually participate in kind of the beacon group and help stop some of this nefarious activity, right?

And that implies maybe that ThorChain has some centralization vectors in their protocol in which humans can intervene or inject code or kind of do that.

And I'm not actually sure if they do or not.