Uploaded August 2026 | Updated September 2026, 3 weeks ago
The CFTC has used emergency powers just six times ever. Twice this month, both for Kalshi. Jessi, Jacob, and Jane ask whether that protects innovation or sets a dangerous precedent.
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π₯ EPISODE LINK π₯
unchainedcrypto.com/dex-in-the-city/dex-in-the-city-the-cftcs-kalshi-rescue-and-the-limits-of-emergency-power
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Thank you to our sponsor:
π Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset youβre buying - swap it at unchainedcrypto.com/go/1inch-sn
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The CFTC has invoked its rarely used emergency authority just six times in its history. Twice in the past month, it did so to shield Kalshi. Jessi Brooks argues that's normalizing a dangerous kind of agency overreach.
With KK Bos and Vy Le away this week, Brooks welcomes Jacob Robinson, host of the Law of Code podcast, and Jane Khodarkovsky, a financial integrity and sanctions expert, to debate whether shielding Kalshi from state regulators protects innovation or tramples states' rights.
They also unpack the SEC's abruptly canceled 400-page market-structure proposal, Anthropic's new EU-mandated watermark on Claude's outputs and the First Amendment questions it raises, and a presidential memorandum letting vetted private companies run offensive cyber operations against foreign criminal groups under DOJ and DHS oversight.
Robinson makes the case for treating the fight against crypto hackers like modern-day privateering β arguing what the industry really needs is its own letter of marque.
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Host:
βοΈJessi Brooks, General Counsel at Ribbit Capital - linkedin.com/in/jessi-brooks-8289ab32
Guests:
βοΈJacob Robinson - Host of the Law of Code podcast - https://x.com/JacobRobinsonJD
βοΈJane Khodarkovsky - Financial Integrity & Sanctions Expert - linkedin.com/in/jane-khodarkovsky-9058a218a
Chapters:
ποΈ 02:40 Why Jacob calls the CFTC's Kalshi rescue inevitable, and Jessi disagrees
βοΈ 17:45 Why the reasons behind the SEC's shelved 400-page crypto rulemaking stay murky
π§ 21:48 1inch Aqua: See how shared liquidity works at unchainedcrypto.com/go/1inch-sn
π€ 22:34 Why Claude's new EU-mandated watermark reads as compelled speech to Jacob
πͺ 23:24 Jane's take on the watermark rule: a hammer when you need a scalpel
π°οΈ 35:21 Jessi previews the CFTC's first public meeting on AI in markets
π 36:41 Jane unpacks Trump's memo letting private firms fight cybercrime abroad
π΄ββ οΈ 46:24 Why Jacob wants a modern "letter of marque" for crypto's hackers
_______________________________________________________
#bitcoin #ethereum #crypto #cryptocurrencies
_______________________________________________________
Subscribe to our channel!
Website β unchainedcrypto.com
Unchained Daily Newsletter (FREE!)β unchainedcrypto.beehiiv.com/subscribe
Unchained X β https://x.com/unchained_pod
Apple β podcasts.apple.com/us/podcast/id1123922160?ls=1
Spotify β open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w
RSS Feed β https://feeds.megaphone.fm/LSHML4761942757
Unchained: Your no-hype resource for all things crypto!
The CFTC has used emergency powers just six times ever. Twice this month, both for Kalshi. Jessi, Jacob, and Jane ask whether that protects innovation or sets a dangerous precedent.
=========================================================================
π₯ EPISODE LINK π₯
unchainedcrypto.com/dex-in-the-city/dex-in-the-city-the-cftcs-kalshi-rescue-and-the-limits-of-emergency-power
=========================================================================
Thank you to our sponsor:
π Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset youβre buying - swap it at unchainedcrypto.com/go/1inch-sn
=========================================================================
The CFTC has invoked its rarely used emergency authority just six times in its history. Twice in the past month, it did so to shield Kalshi. Jessi Brooks argues that's normalizing a dangerous kind of agency overreach.
With KK Bos and Vy Le away this week, Brooks welcomes Jacob Robinson, host of the Law of Code podcast, and Jane Khodarkovsky, a financial integrity and sanctions expert, to debate whether shielding Kalshi from state regulators protects innovation or tramples states' rights.
They also unpack the SEC's abruptly canceled 400-page market-structure proposal, Anthropic's new EU-mandated watermark on Claude's outputs and the First Amendment questions it raises, and a presidential memorandum letting vetted private companies run offensive cyber operations against foreign criminal groups under DOJ and DHS oversight.
Robinson makes the case for treating the fight against crypto hackers like modern-day privateering β arguing what the industry really needs is its own letter of marque.
=========================================================================
Host:
βοΈJessi Brooks, General Counsel at Ribbit Capital - linkedin.com/in/jessi-brooks-8289ab32
Guests:
βοΈJacob Robinson - Host of the Law of Code podcast - https://x.com/JacobRobinsonJD
βοΈJane Khodarkovsky - Financial Integrity & Sanctions Expert - linkedin.com/in/jane-khodarkovsky-9058a218a
Chapters:
ποΈ 02:40 Why Jacob calls the CFTC's Kalshi rescue inevitable, and Jessi disagrees
βοΈ 17:45 Why the reasons behind the SEC's shelved 400-page crypto rulemaking stay murky
π§ 21:48 1inch Aqua: See how shared liquidity works at unchainedcrypto.com/go/1inch-sn
π€ 22:34 Why Claude's new EU-mandated watermark reads as compelled speech to Jacob
πͺ 23:24 Jane's take on the watermark rule: a hammer when you need a scalpel
π°οΈ 35:21 Jessi previews the CFTC's first public meeting on AI in markets
π 36:41 Jane unpacks Trump's memo letting private firms fight cybercrime abroad
π΄ββ οΈ 46:24 Why Jacob wants a modern "letter of marque" for crypto's hackers
_______________________________________________________
#bitcoin #ethereum #crypto #cryptocurrencies
_______________________________________________________
Subscribe to our channel!
Website β unchainedcrypto.com
Unchained Daily Newsletter (FREE!)β unchainedcrypto.beehiiv.com/subscribe
Unchained X β https://x.com/unchained_pod
Apple β podcasts.apple.com/us/podcast/id1123922160?ls=1
Spotify β open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w
RSS Feed β https://feeds.megaphone.fm/LSHML4761942757
Unchained: Your no-hype resource for all things crypto!










