Q&A with John Reed Stark, the SEC's former Head of Internet Enforcement, on Biden's crypto EO, how regulation may be a “death knell” for crypto firms, and more
We talked to one of the most credentialed critics of cryptocurrencies and NFTs about fraud and potential “cataclysmic events” in the industry. Tweets: @maxwellstrachan , @jorgestolfi , @hkanji , @jmeickle , and @daithaigilbert Tweets: Maxwell / @maxwellstrachan : My latest interview is with the SEC's former head of internet enforcement, who has become one of the most staunch and credentialed crypto critics around. We spoke about his fears, Biden's EO, crypto partisanship and regulatory capture, and more. https://www.vice.com/... Jorge Stolfi / @jorgestolfi : Former Chief of Internet Enforcement at the SEC gives an insightful view of the innovation potential of cryptocurrencies and related industries, compared to previous breakthroughs. “Nothing comes close to Web3”. https://www.vice.com/... @hkanji : Nothing will change until some people end up in jail. “There have been awful frauds from unregulated people and regulated people. But nothing comes close to the level of fraud in all these Web3 applications.” https://www.vice.com/... James Meickle / @jmeickle : The only reason that failure to regulate crypto out of existence won't be seen as one of the biggest governance mistakes of the United States in the past decade is because there's such stiff competition https://twitter.com/... David Gilbert / @daithaigilbert : This is a fascinating interview about the dangers of crypto and NFTs by @maxwellstrachan with @JohnReedStark, who founded the SEC's Office of Internet Enforcement https://www.vice.com/...