Head of Legal, US at 21.co, Andrew Jacobson walks through the collapse of FTX and SBF. Andrew is a former enforcement attorney at New York’s top financial regulator (the NY Department of Financial Services) and a long-time blockchain regulatory attorney at Seward & Kissel LLP. What risk does SBF have for criminal liability? Does the US have jurisdiction? What legal implications does this have for the thousands of retail investors affected? And, what does this mean for the future of crypto and the regulatory environment?
Hear Andrew Jacobson’s opinions on this and more on Inside Crypto, a 21.co Podcast.
𝕋𝕚𝕞𝕖 ℂ𝕠𝕕𝕖𝕤:
0:00 - Intro's
0:35 - His Background
1:09 - How Do You Get Into Crypto Law?
2:20 - What Was Your First Crypto Memory?
3:24 - Do Most Lawyers Follow This Route?
4:57 - FTX and SBF Recap
6:27 - Who Is Investigating FTX and Sam Bankman-Fried?
7:47 - What's The Difference Between Civil and Criminal Law?
9:18 - How Do Fines Get Handled?
11:01 - Can His Tweets Be Used As Evidence?
12:31 - Are His Lawyers Doing This Pro Bono?
14:13 - What About U.S Jurisdiction?
16:35 - How Long Will This Take To Make It's Way Through The Courts?
17:44 - What About The Appeals Process?
19:18 - What About Consumer Protection In Bankruptcy Court?
21:14 - Are There Crypto Knowledgeable Judges?
23:25 - What Happened At The NYT Dealbook Summit?
25:54 - What's Going To Happen with Crypto Regulation Moving Forward?
29:20 - Who Should Regulate Crypto?
32:09 - Final Thoughts
32:49 - Outro
