In this episode of Leviathan News, Samuel McCulloch and DeFi Advisor discuss the FIT21 bill and its potential implications on the decentralized finance (DeFi) sector in the U.S. with Lawyer Alex Golubitsky, labeling it a 'psy op' that could effectively end DeFi. The discussion prominently features critiques of Gary Gensler, past CFTC regulatory actions, and detailed analysis of the FIT21 bill's provisions. Alex elaborates on the history of regulatory approaches, potential pitfalls of the FIT21 bill, and its paradoxes. Join our Telegram: t.me/leviathan_newsReferences:Sarah's Token Launch Flow: https://miro.com/app/board/uXjVKDbf5kQ=/Dissenting Statement of Commissioner Summer K. Mersinger Regarding Enforcement Actions Against: 1) Opyn, Inc.; 2) Deridex, Inc.; and 3) ZeroEx, Inc.: https://www.cftc.gov/PressRoom/SpeechesTestimony/mersingerstatement090723Cryptocurrency Derivatives, Funds and Advisers: Key Considerations Under U.S. Commodity Laws (Part 4: About the Interests of Interest): https://www.derivativesandreporeport.com/2018/10/cryptocurrency-derivatives-funds-and-advisers-key-considerations-under-u-s-commodity-laws-part-4-about-the-interests-of-interest/Ooki Dao Report: https://www.fintechanddigitalassets.com/2023/07/whats-next-for-daos-in-the-wake-of-the-ooki-decision/