Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Investigating DeFi hacks with 'Code is Law' co-director James Craig and Wildcat Finance co-founder Laurence Day

Investigating DeFi hacks with 'Code is Law' co-director James Craig and Wildcat Finance co-founder Laurence Day

The BlockThe Block2025/12/02 16:00
By:By Jordan Leech

Quick Take “Code is Law” co-director James Craig and Wildcat Finance co-founder Lawrence Day discuss their experiences with, and the consequences of, major DeFi hacks.

Investigating DeFi hacks with 'Code is Law' co-director James Craig and Wildcat Finance co-founder Laurence Day image 0

Episode 51 of The Crypto Beat was recorded with host Kelvin Sparks, Wildcat Finance co-founder Laurence Day, and "Code is Law" co-director James Craig.

Listen below, and subscribe to The Crypto Beat on YouTube ,  Apple ,  Spotify , Twitch, or wherever you listen to podcasts. Please send feedback and revision requests to  [email protected] .

In episode 51 of the Crypto Beat, Kelvin Sparks was joined by "Code is Law" co-director James Craig and Wildcat Finance co-founder Lawrence Day to discuss the real human, technical, and legal fallout of major DeFi hacks and the origins and making of the documentary.


OUTLINE
00:00 – Introductions
03:00 – The Hack That Sparked the Film
07:00 – Idealists vs. Pragmatists in Early Crypto
10:00 – Emotion, Trauma, and Recalling Major Hacks
13:00 – Two Lines of Code and the Fragility of Money
18:30 – The Psychological Toll of Exploits
20:50 – Rise of White Hats
23:00 – Law Enforcement’s Blind Spots
24:30 – Internet Culture: Schadenfreude and Chaos
28:00 – The Ogle Interview Story
32:00 – Why Builders Keep Building After Being Hacked
38:00
– Code vs. Law: The New Legal Battleground

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin’s Abrupt Price Swings in Late 2025: Macroeconomic Triggers and the Actions of Institutional Investors

- Bitcoin's 2025 crash from $126,000 to $80,553 stemmed from macroeconomic shocks, institutional leverage risks, and regulatory shifts. - Trump's 100% China tariffs and Fed rate uncertainty triggered $19B in crypto liquidations, linking Bitcoin to equity market volatility. - Leveraged offshore trading platforms and de-pegged stablecoins exposed crypto's structural vulnerabilities during cascading margin calls. - U.S. Bitcoin ETF approval and EU MiCA regulation boosted institutional adoption, but post-crash

Bitget-RWA2025/12/11 08:38

Bitcoin Leverage Liquidation Spike: An Urgent Reminder for Enhanced Risk Controls in Cryptocurrency Trading

- Bitcoin's late 2025 price drop below $86,000 triggered $2B in leveraged liquidations, exposing systemic risks in over-leveraged retail trading. - Major exchanges reported $160M+ forced unwinds, with 90% losses from long positions and a $36.78M single liquidation highlighting concentrated risk. - Regulatory scrutiny intensified as U.S. SEC capped ETF leverage and CFTC examined stablecoin reserves, signaling growing focus on crypto market stability. - Retail traders showed emerging maturity through risk ca

Bitget-RWA2025/12/11 08:38
Bitcoin Leverage Liquidation Spike: An Urgent Reminder for Enhanced Risk Controls in Cryptocurrency Trading

Bitcoin’s Latest Downturn: Key Factors for Investors to Monitor in the Weeks Ahead

- Bitcoin fell below $100,000 in 2025 amid geopolitical tensions, U.S. trade tariffs, and regulatory shifts, raising concerns over market stability. - The Trump administration's pro-crypto policies, including the GENIUS Act and CFTC reforms, aim to boost adoption but face criticism over fraud risks. - Global regulatory divergence, from EU's MiCAR to UAE's innovation-friendly rules, highlights fragmented oversight and cross-border coordination challenges. - Central bank actions, including Fed rate hikes and

Bitget-RWA2025/12/11 08:14
Bitcoin’s Latest Downturn: Key Factors for Investors to Monitor in the Weeks Ahead
© 2025 Bitget