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a16zcrypto
@a16zcrypto
Wait — the bank froze your life savings? Debanking exposed... Imagine waking up one day to find your bank account frozen. No warning. No explanation. No recourse. This is not a thought experiment. It’s a real situation. And it’s happened not just to crypto companies and their founders, but to ordinary people who are just trying to live their lives. That includes our guest today, who learned firsthand what it means to be “debanked.” In this episode, we talk about the unseen algorithms that monitor people’s accounts, the ramifications of the Bank Secrecy Act, and how crypto and decentralized finance may offer a much-needed check — and safety net — against the opaque systems of traditional finance. Full episode: https://a16zcrypto.com/posts/podcast/debanking-exposed/
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a16zcrypto
@a16zcrypto
Joining us are: Uniswap Labs’s Chief Legal Officer Katherine Minarik, who shares her personal story of being debanked and what it taught her. a16z crypto Finance and Operations Partner Em Westerhold, who helps founders navigate these issues, and who has tracked dozens of instances of debanking across our own portfolio. With our host, @hackr 🎙️ A big thank you to Katherine for trusting us to share her story, which you can read a first-hand account of in an op-ed she contributed to a16zcrypto.com earlier this year. Find that and more below. https://a16zcrypto.com/posts/podcast/debanking-exposed/
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Hugh Naylor
@hughnaylor
Def listening to this 👍
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