Friend.tech, a decentralized social media platform in which you can buy and sell “keys” in your friends on X (formerly known as Twitter) whose value can go up and down, has become a viral sensation, racking up as many as 100,000 users since launching on August 10. Should keys be considered securities and thus regulated by the SEC? How should gains and losses be taxed? And how private should users assume their communications and transactions on the platform are? Securities and banking law professor at George Mason Law School JW Verret, and tax partner and co-head of the Digital Assets and Blockchain Practice at Fried Frank Jason Schwartz, share their thoughts.
Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.
Show highlights:Decrypt: Friend.tech Renames Its Token—But Is It Even Legal?
Learn more about your ad choices. Visit megaphone.fm/adchoices
The Chopping Block: Crypto in US Politics & Roaring Kitty is back! - Ep. 646
Erik Voorhees' New Venture: Why AI Desperately Needs Privacy and Uncensorability - Ep. 645
The Chopping Block: EigenLayer Airdrop, LayerZero's Sybil Strategy, and Robinhood vs. SEC – What’s Shaping Crypto’s Future? - Ep. 644
How the Top One-Third of FTX Creditors Are Boosting the Payouts for Everyone Else - Ep. 643
Bits + Bips: Does Macroeconomics Point to a Potential Crypto Supercycle? - Ep. 642
Why Memecoins Have Been 2024's Most Profitable Crypto Trade: Ansem and Kelxyz - Ep. 641
Why EigenLayer Gave Away More Tokens After Widespread Criticism of Its Stakedrop - Ep. 640
The Chopping Block: EigenLayer Airdrop Fallout, Shkreli vs. Io.net, and CZ's Sentencing - Ep. 639
Bitcoin Layer 2s Aim to Attract Ethereum-Like Dapps. Will They Succeed? - Ep.638
Consensys’s Lawsuit Against The SEC: Will It End Gensler's ‘Unlawful Power Grab’? - Ep. 637
The Chopping Block: Uniswap's SEC Scrutiny, Token2049 Flood Catastrophe, and Bitcoin's Halving Impact - Ep. 636
The US vs. Crypto: Jake Chervinsky on Crypto's Legal and Regulatory Status - Ep. 635
After the Bitcoin Halving, Will the Runes Protocol Live Up to the Hype? - Ep. 634
Arthur Hayes and Will Clemente on How This Bitcoin Halving Is Different - Ep. 633
Gary Gensler’s Case Against Uniswap: Does the SEC Even Stand a Chance? - Ep. 632
The Chopping Block: The EVM Parallelization Dilemma, Solana's Network Congestion, and Avi Eisenberg's Legal Battle - Ep. 631
Polygon’s AggLayer Wants to Be a Hub for Ethereum Layer 2s. Can It Succeed? - Ep. 630
Ethena’s USDe Grew to $2 Billion in 7 Weeks. Is It Safe? - Ep. 629
The Chopping Block: The Dawn of the DeFi Civil War - Ethena, SBF, Blast & More - Ep. 628
The Real Reason Why the SEC Might Be Going After Ethereum - Ep. 627
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Sarah Westall - Business Game Changers
Startitup podcasty
Wall Street Breakfast
Bloomberg Surveillance