Surveillance Finance 101 with Seth Hertlein and Michael Mosier

<p>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?</p> <p>------<br /> 🎁 Check your wallet with our brand new tool: Claimables <br /> <a href= "https://bankless.cc/GetClaimables">https://bankless.cc/GetClaimables</a></p> <p>------<br /> 📣 AAVE V3 is Here!<br /> <a href="http://app.aave.com/">http://app.aave.com/</a></p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> ⁠<a href= "https://k.xyz/bankless-pod-q2%20%E2%81%A0">https://k.xyz/bankless-pod-q2 ⁠</a></p> <p>🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING<br /> ⁠<a href= "https://bankless.cc/MetaMask">https://bankless.cc/MetaMask</a></p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> ⁠<a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> ⁠</p> <p>🛞MANTLE | MODULAR LAYER 2 NETWORK<br /> <a href= "https://bankless.cc/Mantle%20%E2%81%A0">https://bankless.cc/Mantle ⁠</a></p> <p>🦄UNISWAP | ON-CHAIN MARKETPLACE<br /> <a href= "%E2%81%A0https:/bankless.cc/uniswap">⁠https://bankless.cc/uniswap </a></p> <p>🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION<br /> <a href= "https://bankless.cc/Toku">https://bankless.cc/Toku</a> </p> <p>-----<br /> TIMESTAMPS</p> <p>0:00 Intro<br /> 9:10 Financial Surveillance <br /> 13:10 Data Collection<br /> 17:10 The Bank Secrecy Act <br /> 20:30 SARS<br /> 23:10 Understanding the Enforcers <br /> 30:30 Goals for FINCEN<br /> 38:55 OFAC Explained <br /> 51:11 Strict Liability <br /> 56:26 Process of Getting OFAC SDN List <br /> 1:00:50 Tornado Cash<br /> 1:11:05 What Should We Do? <br /> 1:21:05 Closing & Disclaimers </p> <p>-----<br /> RESOURCES</p> <p>Michael Mosier<br /> <a href= "https://twitter.com/m_mosier_">https://twitter.com/m_mosier_</a>  </p> <p>Seth Hertlein<br /