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Why Fable's Shutdown Is a Warning for Every AI Lab: Uneasy Money
Description
An anti-MEV activist spent weeks building 66 fake contracts to trap the sandwich bot jaredfromsubway.eth. Then jared's operators did the one thing nobody expected.
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A new R&D lab called Ethlabs has split from the Ethereum Foundation, backed by Bitmine and Joe Lubin. Its first stated goal is solving a '15 minute finality problem' that none of the hosts can quite explain the point of.
Kain Warwick, Taylor Monahan, and Luca Netz ask whether a breakaway staffed largely by ex-EF people can really escape the EF's habits, or just rebuild a smaller version of them.
Then the conversation turns to fomo's $75M raise from non-crypto VCs, and why a trading app that never calls itself a wallet may have cracked the onboarding flow the rest of crypto keeps getting wrong.
The hosts also trace a CryptoPunks judge ordering a self-represented plaintiff to handwrite filings to stop the AI slop, the anti-MEV activist who trapped sandwich bot jaredfromsubway.eth with 66 fake contracts, and the WSJ's claim that Polymarket paid creators to stage fake winning bets.
Hosts:
- Kain Warwick, Founder of Infinex and Synthetix
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Taylor Monahan, Security Expert
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Luca Netz, CEO of Pudgy Penguins
Timestamps
🧪 02:06 Ethlabs breaks from the EF: what the new R&D lab is actually for
🤔 03:57 Why the 'fifteen minute finality' framing baffles the hosts
📈 15:40 fomo's $75M raise and why a no-token trading app pulled it off
🧱 21:45 The wallet lesson: why building for trading beats building for custody
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⚖️ 31:44 The CryptoPunks lawsuit where a judge ordered AI-slop filings handwritten
🥪 41:04 What a sandwich bot is and why jaredfromsubway.eth became infamous
🪤 45:34 How an anti-MEV activist trapped Jared with 66 fake token contracts
🏛️ 50:46 Why Jared running to the courts under the CFAA makes no sense
😤 56:36 Kain on the exploiter who cries foul when someone finally steals from him
📺 59:20 The WSJ claim that Polymarket paid creators to stage fake winning bets
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