Unchained
Unchained
Laura Shin
How AI Agents Hacked Smart Contracts for $1 Apiece - DEX in the City - Ep. 975
46 minutes Posted Dec 11, 2025 at 7:00 pm.
Introduction
What Citadel's SEC letter on tokenized securities and DeFi says about how TradFi views crypto
Why Vy says Citadel's suggestions are not unreasonable
Is Citadel shooting itself in the foot?
What Jessi says Citadel got wrong
How crypto is a bubble (or a cult?), but Citadel’s position is more mainstream
Why the CFTC greenlighting spot crypto trading on regulated exchanges matters
Katherine explains Bitnomial’s advantage
Why Jessi says the CFTC and SEC are in a race to regulate crypto
Why KK loves the CFTC’s tokenized collateral pilot
Why Anthropic's study on smart contract security is so scary for crypto
How AI agents could exploit 1,000 smart contracts for $1 apiece
How community members can support Samourai wallet developers
Crypto good news shoutout for the week
0:00
46:21
Download MP3
Show notes
Sponsor: UniswapCitadel has sparked uproar with a letter calling on the SEC to regulate DeFi protocols as exchanges. But the company's requests may not be totally unreasonable.
In this episode of DEX in the City, hosts Jessi Brooks, Katherine Kirkpatrick Bos, and Vy Le dig into Citadel's controversial letter and how it is a reminder that “crypto is a bubble.”
They also discuss how the CFTC and SEC are in a “race to the top,” plus Jessi explains how AI agents can exploit smart contracts they haven’t been trained on for just $1 apiece.
Plus, Vy calls on the crypto community to support Samourai developers.
Hosts:
Jessi Brooks, General Counsel at Ribbit Capital
Katherine Kirkpatrick Bos, General Counsel at StarkWare
TuongVy Le, General Counsel at Veda
Links:
Unchained:
Kraken Valued at $20 Billion After $200 Million Raise From Citadel Securities
CFTC Approves Spot Crypto Trading on U.S. Exchanges
CFTC’s New Pilot Allows BTC, ETH and USDC as Derivatives Collateral
Samourai Wallet Founders Could Serve 5 Years for $237 Million Laundering
Samourai pardon petition 
Timestamps:
🚀
💡
👀
🤔
❌️
📍
🧠
💡
💥
🧏‍♀️
🧠
⚠️
📝
💫
Learn more about your ad choices. Visit megaphone.fm/adchoices