Surveillance Finance 101 with Seth Hertlein and Michael Mosier - podcast episode cover

Surveillance Finance 101 with Seth Hertlein and Michael Mosier

Sep 12, 20231 hr 23 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Seth Hertlein, VP Global Head of Policy at Ledger, and Michael Mosier, Co-Fouder of legal boutique Arktourous, Build Exante - FinCEN, Treasury, and Chief Technical Counsel at Chainalysis join us on today’s show to explain the modern financial surveillance apparatus. FATF, FinCEN, AML/KYC, OFAC...the blacklists, the greylists. How does it all work? Who makes the rules?

------
🎁 Check your wallet with our brand new tool: Claimables 
https://bankless.cc/GetClaimables

------
📣 AAVE V3 is Here!
http://app.aave.com/

------
BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2 ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING
https://bankless.cc/MetaMask

⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle ⁠

🦄UNISWAP | ON-CHAIN MARKETPLACE
⁠https://bankless.cc/uniswap 

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/Toku 

-----
TIMESTAMPS

0:00 Intro
9:10 Financial Surveillance 
13:10 Data Collection
17:10 The Bank Secrecy Act 
20:30 SARS
23:10 Understanding the Enforcers 
30:30 Goals for FINCEN
38:55 OFAC Explained 
51:11 Strict Liability 
56:26 Process of Getting OFAC SDN List 
1:00:50 Tornado Cash
1:11:05 What Should We Do? 
1:21:05 Closing & Disclaimers 

-----
RESOURCES

Michael Mosier
https://twitter.com/m_mosier_  

Seth Hertlein
https://twitter.com/SethHertlein  

-----
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠ 

For the best experience, listen in Metacast app for iOS or Android
Open in Metacast
Surveillance Finance 101 with Seth Hertlein and Michael Mosier | Bankless podcast - Listen or read transcript on Metacast