OFAC, Tornado Cash & Bitcoin Miners | Drew Hinkes | Compass Podcast

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 MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. ✍️ Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Happy hashing! 🤝 Learn more about your ad choices. Visit megaphone.fm/adchoices