Vy Le Says DeFi Hacks Are a Stupid People Problem: DEX in the City @UnchainedCrypto
Vy Le Says DeFi Hacks Are a Stupid People Problem: DEX in the City  @UnchainedCrypto
Uploaded July 2026 | Updated September 2026, 2 weeks ago
Jessi Brooks says crypto's language around hacks is holding the industry back. She argues "illicit finance" is too abstract a term for money that funds North Korea's weapons program, while Vy Le makes the case that the recent wave of DeFi breaches came down to sloppy operational security, not broken smart contracts.

Ari Redbord closes with a blunter question: should the US be stealing North Korea's stolen crypto back?

Host:
Ari Redbord, Global Head of Policy at TRM Labs and Host of TRM Talks - https://x.com/ARedbord

Guests:
Katherine Kirkpatrick Bos - Host of DEX in the City and General Counsel of Chainlink - https://x.com/kkirkbos
Jessi Brooks - Co-host of DEX in the City and General Counsel of Ribbit Capital
Vy Le - Co-host of DEX in the City and General Counsel of Veda - https://x.com/TuongvyLe12

This clip is from a longer conversation on crypto hacks, illicit finance, and North Korea's role in DeFi security. Full episode here youtube.com/live/P5v9Aannu4c
We go live every Tuesday at 12pm ET - subscribe to catch it live.

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Chapters:
🩹 00:00 Ari asks how to actually keep the crypto ecosystem safe
πŸ‡°πŸ‡΅ 00:27 Jessi Brooks on why illicit finance should just be called North Korea
πŸ› οΈ 02:57 Ari brings up the Drift and Kelp hacks and who is responsible
πŸ” 05:26 Vy Le on why most 2025 DeFi hacks are a stupid people problem
βš”οΈ 07:17 Ari's case for going on the offensive against North Korea

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Vy Le Says DeFi Hacks Are a Stupid People Problem: DEX in the City

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