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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
That's kind of take that as another entire podcast that we could talk about.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
I do know that there are some protocols where you absolutely do not have that ability.
Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
You know, one of which is Tornado Cash, for instance, which is a privacy protocol on Ethereum.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
Right now, we have a developer who's in a criminal case in the US about this, Roman Storm.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
We've talked about that often.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
Then you also have entire networks, like, say, the Zcash network, which they sort of exist to be an encrypted version of Bitcoin.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
And there is this move that, like,
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
If you are a crypto user, don't you deserve, don't you want some level of privacy on top of your transactions?
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
And by the way, this is a safety mechanism for legitimate use cases too.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
It keeps out the corporate surveillers.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
It keeps out the possibility of people hacking you or even wrench attacks in real life.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
I mean, there's some real civil liberties at stake here when it comes to, you know,
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
moving all of your funds being transparent and available for the whole world to see.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
That's not a good steady state either.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
And so I'm wondering how you feel about some of these, we'll leave ThorChain aside, but some of these much more decentralized solutions to just encrypting all of the stuff that is on chain in a way that you can't see it, you can't track.
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
I mean, is this just, in your mind, giving a gift to the bad guys?
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
Do you see some upside here?
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
Like what would be your take specifically on something like Tornado Cash or Zcash?
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
I do think there are a lot of technical solutions that can get a lot of people what they want, right?
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Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs
Zero knowledge proofs.