Did Circle Just Prove “Law Is Law” Is as Dumb as “Code Is Law”?: Uneasy Money
2 Apr 2026 · 1:16:32
Security researcher Taylor Monahan joins Kain and Luca on Uneasy Money to break down the Drift Protocol hack, in which over $285 million was drained from Solana while Circle held, and declined to use, the power to freeze the stolen USDC. Monahan explains how DPRK-linked malware operates undetected on victims' devices for months, and the group debates whether Circle's restraint undercuts the idea that either code or law alone can govern crypto.