Zero Knowledge

For biweekly WTFs between DeFi & TradFi.
Content letter

[Zero Knowledge @ZKZeroKnowledge]

pov: u work for @austincampbell 😭

[Zero Knowledge @ZKZeroKnowledge]

🥷📸🤣

[Inca Digital @inca_digital]

No one escapes our coverage. No one.

[Inca Digital @inca_digital]

Cambodia didn't just host the scam economy. It built the legal architecture to sustain it.

Issue #1 of Nothing Escapes Inca, our new monthly brief: Cambodia naturalized 4,000+ foreign nationals, 56% from the PRC, now seated on 7,284 company boards. In 2024 the records went offline.

Read Issue #1 here: https://t.co/CAFnuwPCIb

[U.S. Attorney Jason Reding Quiñones @USAReding]

Honored to speak this week at @consensus2026 on one of the fastest-growing threats in financial crime: state-sponsored crypto fraud.

What started as criminal fraud has evolved into industrialized financial warfare.

Nation-state actors and transnational criminal networks are using cryptocurrency to steal, launder money, and evade sanctions.

The response has to be just as modern.

That’s why we built specialized economic crimes and cyber fraud capabilities at the U.S. Attorney’s Office for the Southern District of Florida and why partnerships with industry and law enforcement matter.

And to anyone who has been defrauded: come forward. Report it to the FBI. Fraud investigations often begin with victims willing to speak up.

Thank you to @Consensus2026 and to Bobby Bishop, @AustinCampbell, @AdamZarazinski, and moderator @web3crusadr for a strong and candid discussion. Important work ahead.

[Austin Campbell @austincampbell]

As someone who testified in front of Congress on this topic, there was 100% debanking. This is an outrageously irresponsible take at this point, and ignorant on the facts.

There were individual employees not suspected of wrongdoing having their accounts and those of their children closed.

Likewise, to act like "well, some bank, somewhere in this country will bank you, therefore you were not debanked" is a wild thing for the CEO of a fintech bank to say. Fintech partnerships are time consuming, difficult, and expensive. To get debanked from one where the bank wanted to continue, but the regulators forced them out is very expensive for both the bank but also more so the fintech! This is incredibly destructive for businesses and companies exposed to it, and a major drag on profit and time to deploy because you are constantly having to replace partners.

Put simply: if this is the view of the CEO of @Lead_Bank, you shouldn't be doing business with Lead Bank.

[Zero Knowledge @ZKZeroKnowledge]

📺 Watch @BitcoinNews @austincampbell
with @_dsencil talk Bitcoin & RWAs

https://t.co/IWmZJLHAJE

[Zero Knowledge @ZKZeroKnowledge]

Don’t mix Bitcoin with real-world assets.

Unless you want North Koreans moving into your house.

[Zero Knowledge @ZKZeroKnowledge]

📺 Watch @BitcoinNews @austincampbell with @_dsencil

https://t.co/I2gEJu2JDQ

[Zero Knowledge @ZKZeroKnowledge]

Crypto's ideals:
1⃣ End nation-state abuse
2⃣ Cut out shady middlemen
Crypto's reals:
1⃣ Nation-states abuse you
2⃣ Hacker squads rob you

[Austin Campbell @austincampbell]

One: very interesting move by @the_dtcc moving onto an actual public blockchain. This is starting to move their project away from pure theater for private entities only towards the possibility of self-custodial, composable building onchain. A very positive step and I salute both DTCC and Stellar for this move.

Two: For a long time, I have been saying that there are a subset of blockchains better suited to institutional adoption than others. Those with structured and customizable controls around assets, validators, and trust assumptions are likely to dominate (e.g. @StellarOrg, or if you want another option, @avax). These are some of the most disfavored by crypto natives, but the thing to understand is the institutional preferences are not the same.

Institutions care more about open access + credible neutrality amongst each other + appropriate controls than maximum decentralization.

Think open banking, not cypherpunk.

[Bitcoin.com News @BitcoinNews]

🚨 "If I were trying to sabotage the U.S. banking system and cause the banks to fail, I would be lobbying for exactly what they are lobbying for right now."

NYU Stern's @austincampbell (ex-Paxos, ran the ~$23B USDP/BUSD book) tells @_dsencil why at @Consensus2026.

[Bitcoin.com News @BitcoinNews]

🚨 "What are you smoking? Because that is not mechanically possible."

Key insights from @Consensus2026: @austincampbell (NYU Stern, ex-Paxos) tells @_dsencil the bank lobby's "deposit flight" claim doesn't survive five minutes of mechanics.

https://t.co/aGjuZhAtWP

[Zero Knowledge @ZKZeroKnowledge]

Watch 📺 : https://t.co/I2gEJu2JDQ

[Zero Knowledge @ZKZeroKnowledge]

BTS at @consensus2026 , @austincampbell sat down with @_dsencil at @BitcoinNews for 🔥 takes:

"If I were trying to sabotage the U.S. banking system and cause the banks to fail, I would be lobbying for exactly what they are lobbying for right now."

[Austin Campbell @austincampbell]

My creative team has definitely gone fully rogue.

However, if you work in crypto and you aren't paying attention to what Inca is doing, you are missing some of the most important things happening in the space, and the key to reforming the BSA/AML framework...

[Zero Knowledge @ZKZeroKnowledge]

@inca_digital Read Scambodian dream
(& Smash the subscribe button)
https://t.co/qXKpXR33Hp

[Zero Knowledge @ZKZeroKnowledge]

Today our newsletter recs @inca_digital's NOTHING ESCAPES INCA.
True crimes at the intersection of natsec, tradfi & defi (< 5 mins).

[Zero Knowledge @ZKZeroKnowledge]

LIVE 10:30-11:30: @austincampbell on @RealVision
talking CLARITY, crypto, and stablecoins!
https://t.co/boEsDRJxAs

[Zero Knowledge @ZKZeroKnowledge]

@MisterAccord @austincampbell tell the intern

@novusalan nxt time, @X needs "fucked"

[Zero Knowledge @ZKZeroKnowledge]

@EricForgy @austincampbell watch @novusalan put this in Q2 intern performance review deck

[Austin Campbell @austincampbell]

Consider this a cautionary tale in letting your creative team expense AI tools.