Dave

Partisan politics, particularly when there are unanswered foundational questions asked by dissenters, risks market integrity & U.S. competitiveness. This is yet more proof of the need for @WarrenDavidson SEC reform act.

NYC launches $53M program to hand out pre-paid credit cards to migrant families trib.al/rndsmFm

#BreakingNews Saudi Arabia 🇸🇦, Egypt 🇪🇬 and UAE 🇦🇪 have officially joined the Brick according to Reuters! #Brics #NewWorldOrder

Simply put: @SECGov Chief @GaryGensler is violating the SEC's independent mandate, and colluding with the White House in concealing capital market crimes that benefit China and certain political donors - they're protecting the same country under scrutiny by Congress for allegedly corrupting the President. Investigation please @SpeakerJohnson or have you been warned to stay away from anything that might implicate donors also, even if it's China related?

🎯 "THERE´S A LOT OF PROBLEMS GOING ON IN #ETHEREUM [...] LIKE WHETHER IT´S ABOUT FEE, WHETHER IT´S ABOUT CENTRALIZATION, INFRASTRUCTURE, LAYER TWO INFRASTRUCTURE [...] LIKE THERE´S A WHOLE LOT OF ISSUES [...]" ➡️ THE PROTOCOL CO-HOST MARGAUX NIJKERK @CoinDesk SOURCE: linkedin.com/posts/coindesk… FULL EPISODE: open.spotify.com/episode/0J8JtR…

For context re: Craig Wright and Calvin Ayre and why there should be no mercy. Two months before my trial and before we found the fabricated evidence, it looked like I would lose. I held multiple calls with my lawyers bankruptcy team. Craig’s costs would have wiped me out - £5m ish. My business assets - football club, podcast etc… would have been force sold to pay the court order. Craig himself could have ended up owning them. All my possessions would also have been sold. I would have been able to retain living in my house for a year as I have kids, allowing time to find new rental accommodation at which point my house would have been sold. At this point, with costs still outstanding I would have been made bankrupt and barred from holding a position of a director for 7 years and looking for a job. This outcome would have destroyed my income and everything I had built up. @_DannyKnowles was witness to all of the stress and was a legend during it. Twice I was admitted to hospital with stress induced SVT episodes. I haven’t even got into the costs, which at times have nearly broken me. I’m sure @hodlonaut has similar stories. These psychopaths are willing to destroy peoples lives with no care for the impact to either the person being sued, their children and wider families. Absolutely no mercy. Finish them!

While @SenWarren complains that Bitcoin is not transparent and higher risk than traditional finance, Bitwise publishes the first ever real-time ETF proof of reserves. Traditional finance was designed at a time when this was not possible, and cannot be upgraded or fixed. The only path forward is total replacement of the entire broken system. Imagine if we had real-time proof of reserves in 2008? Would there have been a GFC at all? Way to go @bitwise

The @SECgov is wrong on the law and wrong on the policy with respect to the Bitcoin ETF decision. If the SEC is going to let crypto burrow even deeper into our financial system, then it's more urgent than ever that crypto follow basic anti-money laundering rules.

It's out: sec.gov/news/statement…

The @SECGov X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.

I’m not saying this eleventh hour comment letter from @BetterMarkets will negatively impact an @SECGov approval of a $BTC Spot ETF but it’s definitely worth noting that SEC Chairman @GaryGensler and the President and CEO of Better Markets @DennisKelleher are tight (they served on Biden’s presidential transition team together) and Kelleher himself doesn’t like crypto AT ALL. Here are some past comments Kelleher has made about Gensler, the SEC and the #crypto industry: ▫️[The crypto industry has] “no legitimate or socially useful purpose” and has a “fundamentally predatory business model.” ▫️ “Constant attempts by some of the industry to evade rules and regulations and a level playing field are in for a rude awakening from a Gary Gensler SEC.” ▫️ On crypto: “It’s worse than a fantasy, it’s a fraud on the public.” ▫️ “When you're a predator like #crypto & can't win on the merits, you try to buy as many politicians as possible to push your special interest above the public interest…” ▫️[The SEC] “is decidedly not engaged in regulatory over-reach…” Kelleher also shares Gensler’s publicly stated views that the majority of crypto tokens are unregistered securities: ▫️ “The vast majority of crypto products are unregistered securities and commodities being traded on unregistered exchanges.” And as I shared earlier, crypto’s biggest critic and archnemesis @SenWarren has publicly affiliated herself with Kelleher and Better Markets, even giving a glowing testimonial that’s featured on the organization’s website. I think it’s also worth noting that Better Markets admitted to refusing a bribe of “$1 million or more” from @FTX_Official to “support their radical and dangerous efforts to undermine consumer, investor and financial stability protections.”