In this episode, Shamus Madan chats with Simon Grunfield about the implications of the Canadian trucking protest and Russia-Ukraine situation on crypto. They delve into Ukraine's crypto donations, crypto laundering, and the human element in crypto hacks. Grunfield shares Simba Chain's token issuance plans and insights on centralized exchanges, and they discuss the impact of crypto hacks on investor faith and insurance options. They also explore the Travel Rule in cryptocurrency, securing keys on blockchain, the future of KYC AML in NFT marketplaces, and the rise of transparency in DAOs.

Hey everyone, thanks for joining the MBIT podcast in which we discuss finance, tech, and entrepreneurship. In today’s episode, we will be discussing the Trudeau trucking incident and how that could cause a push for crypto. Second, we will be digging into the couple that laundered $3.6B in crypto. Simon Grunfeld makes his second appearance on the pod to talk more on these topics.

Twitter of Host: @mbitpodcast

Twitter of Guest: @simongrunfeld

Disclaimer: The episode is not financial or investment advice.

(0:00) Introduction and guest introduction: Simon Grunfield (0:31) Discussion on the trucking protest in Canada and its impact on crypto (1:59) Comparison with the Russia-Ukraine situation and its crypto implications (3:45) Discussion on Ukraine receiving crypto donations and speculation on Russia's potential engagement with crypto (6:34) Insight on crypto laundering and the human engineering component in crypto hacks (11:01) Introduction to Simba Chain's plans for a token issuance and discussion on blockchain security (13:22) Simon Grunfield's insights on centralized exchanges, shift towards decentralization, and KYC and AML in crypto exchanges (18:02) The impact of cryptocurrency hacks on investor faith and insurance options for cryptocurrency losses (22:48) Introduction to the Travel Rule in cryptocurrency and discussion on securing keys and encrypted information on blockchain (28:19) Future of KYC AML in NFT marketplaces, role of SimbaChange, and rise of transparency in DAOs (29:12) Shamus Madan concludes the episode, thanks the audience, and reminder to leave a review