Episode 79: What the Crypto?

<p>Recent weeks witnessed the complete collapse of FTX, a cryptocurrency exchange. Treasury Secretary Janet Yellen referred to FTX’s downfall as a “Lehman moment” for cryptocurrency, referring to Lehman Brothers' collapse in the 2008 financial crisis. On this episode, Jeanne Hruska speaks with Professor Yesha Yadav of Vanderbilt University and Aaron Klein of the Brookings Institution to discuss this “Lehman moment,” its consequences for crypto more broadly, and whether FTX's downfall could push crypto-specific regulations across the finish line.</p> <p><strong>Join the Progressive Legal Movement Today:</strong> <a href="https://www.acslaw.org/" target="_blank" rel= "noopener">ACSLaw.org</a></p> <p><strong>Today's</strong> <strong>Host:</strong> Jeanne Hruska, <a href="https://www.acslaw.org/person/jeanne-hruska/" target= "_blank" rel="noopener">Sr. Advisor for Communications and Strategy</a></p> <p><strong>Guest:</strong> Yesha Yadav, Professor of Law, <a href= "https://law.vanderbilt.edu/bio/yesha-yadav" target="_blank" rel= "noopener">Vanderbilt University Law School</a></p> <p><strong>Guest:</strong> Aaron Klein, Senior Fellow, <a href= "https://www.brookings.edu/experts/aaron-klein/" target="_blank" rel="noopener">Brookings Institution</a></p> <p><strong>Link:</strong> <a href= "https://time.com/6235816/ftx-collapse-legal/" target="_blank" rel= "noopener">"Don’t Let FTX Executives Off the Hook Like Bankers in 2008," by Aaron Klein</a></p> <p><strong>Link:</strong> "It's Time to Regulate Crypto," <a href= "https://www.vox.com/the-weeds" target="_blank" rel="noopener">The Weeds Podcast</a></p> <p><strong>Link:</strong> <a href= "https://www.nytimes.com/2022/12/01/business/dealbook/sam-bankman-fried-dealbook-interview-transcript.html?action=click&algo=bandit-all-surfaces-time-cutoff-30_impression_cut_3_filter_new_arm_5_1&alpha=0.05&block=more_in_recirc&fellback=false&imp_id=978010466&impression_id=d13810a7-74d2-11ed-a8a2-450c8d52e07a&index=4&pgtype=Article&pool=more_in_pools%2Fdealbook&region=footer&req_id=48526