Summary

James Birnie dives into the story of Axie Infinity’s Ethereum-based economy, which ballooned in popularity and then suffered the so-called Sky Mavis hack—arguably the biggest crypto robbery ever. He unpacks the sophisticated yet age-old kill chain that enabled attackers to drain millions from unsuspecting players.

From there, Birnie follows the money trail through a DAO-run crypto mixer, explores the legal tug-of-war over U.S. sanctions (recently deemed illegal by an appeals court), and investigates how an activist campaign could have far-reaching consequences for privacy, regulation, and all of us.

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