OFAC, Tornado Cash & Bitcoin Miners | Drew Hinkes | Compass Podcast
Channel: Compass Mining
Date: 2022-08-13

Welcome back to the Compass Podcast! Today we are joined by Andrew Hinkes, author and adjunct professor at New York University focusing on the intersection of law, government regulation and digital assets. We talk about the huge OFAC sanction on Ethereum mixer Tornado Cash, what it means for Bitcoin miners and further industry repercussions.

Drew Hinkes: https://twitter.com/propelforward
Will Foxley: https://twitter.com/wsfoxley

SPONSOR
https://foundryacademy.com/

🎥 TIMESTAMPS:

00:00  Start
00:17  Foundry Academy
01:04  Intro
02:19  Drew's BTC backstory
05:05  Tornado Cash history
07:16  Censoring smart contracts
09:04  Are miners intermediaries?
11:25  Censoring Bitcoin
13:52  OFAC compliant pools
19:06  Tainting coins
24:18  Account model vs. UTXO
26:30  Legal interpretation roulette
27:38  Celebrity spam transactions
32:05  Future of OFAC regulation
36:26  Privacy coins
38:18  Wrap


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