Why the Consensus After-Party Set Crypto Back: DEX in the City

Unchained

Laura Shin

Tech News, Business News, News

4.6 • 1.3K Ratings

🗓️ 22 May 2026

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

KK, Jessi, and Vy Le call out the silence from CoinDesk and industry organizations after the Consensus after-party was held at E11even. Plus: Clarity’s odds. Thanks to our sponsor! Coinbase One Get 20% off the first year of your Coinbase One annual plan ⁠coinbase.com/unchained⁠ The CLARITY Act cleared the Senate Banking Committee 15-9, but Katherine, Jessi, and Vy Le are not popping champagne. KK puts passage odds at 35-40%. Vy Le came down from 90% after only two conditional Democratic votes out of committee. The ethics fight — whether any bill that leaves Trump family crypto holdings intact can get to 60 votes — remains the most credible blocker. Meanwhile, WallStreetBets filed an SEC comment letter defending quarterly reporting that inadvertently makes the strongest case yet for why onchain transparency makes periodic disclosure obsolete. And the crew addresses the Consensus conference after-party, held at E11even, which features strippers: not a word from most of the trade organizations that claim to represent the industry. Hosts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Katherine Kirkpatrick Bos⁠⁠⁠⁠, General Counsel at StarkWare. Previously held senior legal roles across DeFi and centralized exchanges. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jessi Brooks⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, General Counsel at Ribbit Capital ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TuongVy Le⁠⁠⁠⁠⁠, General Counsel at Veda Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	But it's fucking ridiculous to me that there has not been someone who has come out from the organizing side of this and said, this was a mistake.
0:10.4	This is not representative of what our crypto industry is.
0:14.5	And to top it all up, there have not been big voices or big organizations' trades in crypto that have come forward and said, look, we
0:24.5	don't represent this as an industry. And we want to be inclusive. And particularly around the
0:31.6	clarity conversations for someone to not come forward and say, like, hey, Congress, maybe just appreciate the fact
0:39.1	that we were trying to build a real financial market here for consumers to have additional
0:44.5	financial access. And not just males that want to go to strip clubs, everybody. I think all
0:51.4	females on this pod, plus many females in crypto who are listening, have had
0:56.6	horrible experiences at conferences where I personally have been asked if I was an escort that
1:01.5	was hired at one of the first conference, crypto conferences I went to.
1:05.3	Hi, all, and welcome to Dex in the City where the wallets are cold and the takes are hot.
1:09.9	Before we get going, remember, we're lawyers, but we're not your lawyers, so nothing you hear on Dex in the City is the wallets are cold and the takes are hot. Before we get going, remember,
1:11.3	we're lawyers, but we're not your lawyers, so nothing you hear on decks in the city is legal
1:14.9	or financial advice and it doesn't create an attorney-client relationship. For the fine print,
1:19.2	check unchained crypto.com. I'm getting really good at that. First, we have Jesse Web3 prosecutor-turned
1:25.4	Web3 protector at Ribbett Capital and V from the SEC to Web3.
1:30.2	And I'm your host, Catherine, KK, fluent in TradFi and Conversant in Deep Tech over at Starkware.
1:36.6	Today we have a jam-packed episode.
1:39.6	But something really, really important happened last week.
1:43.5	And we talked about this a little bit on last
1:45.9	week's episode when we had Josh Reismund from GSR on. But we want to go into slightly more depth.
1:52.5	And I wasn't here. And Jesse missed it. So we need her take as well. So obviously we don't
	...

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