All Things Crypto

ATC quote · Jun 20, 2024 · 0:21:34

“So this... I was act... This is what I was gonna bring up because I was actually recently talking to, I think it was a few weeks, maybe a month ago. I was talking to the CoinFabric team. And the…”

Dave @DCBK2LA (speaker unconfirmed)

From ATC: DAVE & KOOL TALK ALL THINGS CRYPTO. SEC LAWYER joins us, Jun 20, 2024 · Episode page

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0:15:59 ALEX DAMSKER @AlexDamsker (speaker unconfirmed): Yeah. Yeah. I pinned it to the top so... Just so you can see the story for anybody who doesn't know this story. It's an interesting story. So something aside from this is that... So Certik or Certik, I don't know, whatever it is. So they're actually hiring a bunch of lawyers right now, which is a kind of a funny thing. For anybody who doesn't know, they're they're actually a Filipino company that works around the…

0:21:34 Dave @DCBK2LA (speaker unconfirmed): So this... I was act... This is what I was gonna bring up because I was actually recently talking to, I think it was a few weeks, maybe a month ago. I was talking to the CoinFabric team. And the CoinFabric team is a great... I... Obviously, they're doing a lot of the auditing in the stacks ecosystem for a lot of these Clarity smart contracts. And when I was talking with them, she... Luisa, like, their their their…

0:22:37 ALEX DAMSKER @AlexDamsker (speaker unconfirmed): Well, the problem is who's doing that, and could they be part of the team of people who are also doing the hack? So the the truth is, like, without oversight and liability, it doesn't really mean anything. I mean, what I think is, the developers shouldn't be paid until the first audit happens. Like, they should do the code, and maybe they're paid a part of their fee, But, like, they don't get the rest of the tokens…

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