Enemies of the StateWatch E004 ↗
Rafael Yakobi, guestGuest / E005

Guest profile / E005

Rafael Yakobi

An attorney examining where financial regulation meets non-custodial software and the people who build it.

Role
Guest · Cryptocurrency attorney
Platform
The Crypto Lawyers
Focus
Money transmission · Financial privacy

Rafael Yakobi is the founder and senior managing partner of The Crypto Lawyers, a firm focused on cryptocurrency matters. According to the firm, his practice includes regulatory work, litigation, and advice to companies building digital-asset services. He has worked on legal questions involving Samourai Wallet and joins E005 to discuss money-transmission law, FinCEN guidance, and the implications for non-custodial software.

Why this voice is here.

In E005, Rafael explains the distinction between software that coordinates a transaction and a business that controls a user’s funds. He discusses the defense’s account of FinCEN personnel’s pre-indictment comments, the government’s competing position, and the wider stakes for privacy technology. His legal analysis is presented as his perspective, not as a court ruling.