Compliance experts should help regulate crypto — Silk Road 2.0 founder
Blake Benthall, founder of Fathom(x) and former operator of Silk Road 2.0, argues that compliance firms can help prevent overly strict rules by educating regulators on the complexities of onchain data.
“During my time assisting the FBI, I learned that onchain data can often be misleading, as wallet addresses can be easily generated, complicating the identification of transaction participants. Unlike traditional finance, where account ownership is straightforward, crypto transactions can involve multiple and ambiguous owners, necessitating a nuanced approach to regulation.”
