Said differently - a rising tide lifts all boats. Some scary times are ahead.
Cory 🦢 Real Bitcoin @ Swan.com@CorySwan
Ponzis, ponzis everywhere. Cursor is fake, apparently. Delve is fake, clearly. What else in the "AI" space is b.s.?
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David Silver
38 posts
David Silver
@dcsilver
Securities fraud/investment loss attorney. Seen on @CNBC, @FoxNews, @WSJ, @Bloomberg, @Reuters. Opinions and Tweets are my own and not Silver Miller.
Parkland, FL Beigetreten Nisan 2009
2K Folgt9.4K Follower
@GaryCardone @scottmelker I’ll drive across alligator ally to join you guys.
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@scottmelker bro if you are in town, we should probably just crack a bottle of something and bitch all night long, this is pathetic
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So to summarize.
The President says we won the war, are winning the war, will win the war if other countries help but that we also need no help to win the war that we already won.
You also can’t call it a war because it is an “operation.”
And we are at war to destroy nuclear capabilities that were totally destroyed last year but also to force regime change to an unknown leader who “could be worse.”
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@RepRitchie @FSCDems You should! Have one of your staffers contact my office. I'm happy to educate, advise, and offer clients in the crypto space who have been harmed and desperately need rational regulation.
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As I pointed out during a @FSCDems hearing this week, members of Congress are elected by and accountable to the American people. We should be the ones deciding the future of regulating digital assets and other emerging technologies like cryptocurrency.
Not unelected bureaucrats.
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@JoshMalina @TODAYshow Did you mention me on the air? We are "best" friends even if I only tweet at you once every couple of years.
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@UriRosenzweig1 You can check the docket - lawyers representing investors filed a motion to release the funds last month. Hopefully it’s any day now.
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@JohnEDeaton1 @GaryGensler Let me know how I can help... I've got hundreds of clients who lost their crypto because of Coinbase.
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AMICI CURIAE IN COINBASE CASE:
We have just shy of 1500 people in less than a week.
IF YOU LIVE IN ONE OF THESE STATES PAY ATTENTION:
NJ, WI, SC, CA, MD, AL, IL, KY, VT, and WA.
Cooperating w/@GaryGensler they moved 🆚 Coinbase’s staking program
decrypt.co/143603/coinbas…
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@SenLummis Can someone on your staff reach out? I’d love to have your staff talk to the victims of crypto fraud to help craft legislation to help the proverbial “little” people.
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More than 50 million Americans own a crypto asset.
We need to establish clear rules of the road that protect consumers and encourage financial innovation but limit the regulatory overreach that the SEC is currently engaging in.
cointelegraph.com/news/impossibl…
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@brucefenton The pre-sale of ETH was the sale of a security.
The trading of ETH thereafter was not.
The SEC documents released in the Ripple case conclusively demonstrate that the SEC didn’t know what to do about ETH thus making it impossible to litigate the issue in the future.
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I still don’t think Ethereum is a security. If the SEC claimed this it would be disastrous for freedom & America.
If you think ETH is a security make a solid case with legal backing below.
(Hint: ‘reasons to hate ETH’ don’t make it a security under US law - use the definition)
Bruce Fenton@brucefenton
I don’t believe Ethereum is a security in the US. I think rumors of some new SEC revision which would claim it is a security are unfounded. If true it would, imho, be a disastrous move by the SEC & hard to win in court - but I don’t think that’s the case. thread 1/8 👇👇👇
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@prestonjbyrne Antiguidance and crypto assets - the new legal vernacular of the day.
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The Hinman speech has proven to be a new kind of regulatory statement I propose we call “antiguidance” - guidance which creates work for the regulator by luring companies into noncompliance
_gabrielShapir0@lex_node
whatever you think of Hinman emails and Ripple's chances of wining/losing, I think we can all agree SEC policy, tactics, everything on crypto has been an absolute mess--even before Gensler--inviting arbitrary application of law through nebulous 'morphing' non-guidance
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@ben_mckenzie Feel free to check out any of the lawsuits Silver Miller has filed in the last ten years. #ProtectingCryptoInvestorsSince2014
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“There has been a ton of old-school, classic fraud in the space, alleged and proven. From a vibes perspective, it feels like crypto has lost its shine, particularly as AI has become the new big shiny thing.” 🤣🤣🤣 bloomberg.com/news/articles/…
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@scottmelker @JohnEDeaton1 @EleanorTerrett Simply stated - the docs aren’t that exciting. Shows that the SEC had no idea how to handle the situation. Means that the “Fair Use” defense is going to be better than expected for Ripple. Docs don’t help in the securities/commodities/crypto assets debate.
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After years of suspense, the Hinman Docs have dropped, helping Ripple in their case but also leading many to believe that Ethereum is not a security.
@JohnEDeaton1 and @EleanorTerrett have been on this story for ages and will join to discuss.
9:00 AM
youtube.com/watch?v=olW0rm…
YouTube
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@FluhrMichael Somebody smarter than me is going to have to figure that out. I think there’s three dimensional chess going on at the moment and only the tip of the iceberg is showing.
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@dcsilver Any guesses on why the SEC would include tokens in one suit but both another, when traded on both platforms? Like ATOM?
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@peppercreek70 People in the industry don’t want to be responsible for regulatory compliance.
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@dcsilver real question , what’s the problem if the majority of tokens/coins are deemed securities?
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@brucefenton I don't even think you need to be a tyrannical politician to implement that plan.
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If I was a tyrannical politician who wanted to attack Bitcoin in America I’d first go after other coins, then money transmitters and exchanges and other on-ramps.
Then I’d make a case against BSV alleging that an open source PoW coin was a security. No one would defend BSV so you could put whatever you want in the lawsuit. If it succeeded they can use that precedent to further attack Bitcoin.
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@MarioNawfal My favorite quote about hero worship - yesterday’s heroes, tomorrows felons.
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If you've considered working in Bitcoin, NOW IS THE TIME.
@swanbitcoin will be posting dozens of new roles across engineering, product, ops, sales, wealth management, media, and marketing in the coming weeks.
All will be listed on @bitcoinerjobs.
My DMs are open for Qs.
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@brucefenton How about 42% of promoters.
90% of investors are good.
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SEC Chairman Gary Gensler’s referred to many in the crypto industry as “Hucksters, fraudsters and scammers.” - I respectfully disagree.
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