Nessie 🐍

@justinsuntron This bro got rugged and just won’t accept it

This Is World Tyranny, Not World Liberty Financial — Here's Why This proposal has been packaged as a "governance alignment signal" and a "long-term commitment," but strip away the packaging and what you have is one of the most absurd governance scams I have ever seen. Let me break it down. I. Vote Against and Get Punished — Classic Coercion Tactic This is not a legitimate voting exercise, not even close.  The design of this proposal is a logical trap: anyone who votes against it has their tokens locked indefinitely with no unlock path whatsoever. In other words, if you oppose this proposal, you get punished. This is not voting. This is coercion. What kind of democratic process rewards agreement and imprisons dissent? II. Voters Have Been Selectively Frozen Out I personally hold approximately 4% of the voting power, yet my tokens have been frozen and I am forced out of this voting process. I am not alone. A large number of holders with significant voting rights are in the same position. Meanwhile, the team controls the power to freeze tokens — they decide who can vote and who cannot. What does this mean? It means the outcome was determined before the vote even began. This is not a governance vote. This is a performance where the police have already barricaded the doors of parliament and only let their own people inside to raise their hands. The voter pool has been purged. Only yes votes remain. The result of such a vote carries no binding force whatsoever. III. All Actual Power Has Been Seized by Anonymous Actors The actual control over the WLFI smart contracts lies in the hands of a 3/5 anonymous multisig and a single anonymous guardian EOA has the power to blacklist addresses holding WLFI. Let me emphasize — anonymous. This anonymous multisig can override any vote result and execute any operation directly at the contract level. The so-called governance proposals, on-chain votes, and community discussions are nothing but theater. Real power has never been yielded to anyone but themselves and it’s laughable that they try these tricks to fool the community. The bottom line is this, the power sits with anonymous wallet addresses whose owners nobody knows or can verify. This is not decentralized governance. This is dictatorship wearing the mask of a DAO. IV. Voters Must Identify Themselves, but the Rulers Are Anonymous — Worse Than Tyranny Here is the most ironic part: WLFI requires every participating voter to complete identity verification, electronically sign acknowledgements, and meet compliance eligibility requirements. You want to exercise your rights? Show your face first. But who are the guardian and multisig signers who hold the power of life and death over the contract? Nobody was told and there is absolutely no transparency.  While the governed must identify themselves, the governors with absolute power are anonymous. Your voters must register, submit to scrutiny, and be vetted and dictated how to vote— while your dictators won't even show their faces. V. A Naked Violation of Property Rights Worth Billions of Dollars Let us not forget the real stakes of this proposal: this is not some trivial parameter adjustment or protocol upgrade. This vote seeks to decide the unlock schedule for billions of dollars in assets, the reallocation of governance and vesting rights, and most extreme of all, the permanent destruction of billions of tokens. This is a naked expropriation of holders' property rights. In an environment where voting against the proposal is punished, where large numbers of holders have been frozen out of voting, and where actual control rests with anonymous wallets, using this sham vote to decide the fate of billions of dollars in assets? This is not governance. This is a sham and flies in the face of what this protocol was meant to be. No society governed by the rule of law would permit this. In traditional financial markets, any asset disposition of this scale would require rigorous regulatory review, independent board approval, and minority shareholder protections. Here, a few anonymous wallets get to decide everything. The permanent burning of tokens means holders' property is irreversibly destroyed, no compensation, no recourse, no due process. This has gone far beyond the realm of so-called "decentralized governance." This is a systematic violation of property rights. Conclusion I repeat that this proposal is not governance. It is an exercise of power by the selected few who are carefully engineering a further power consolidation and property expropriation operation. Dissenters are punished for voting no. Opponents are frozen out. Actual control lies with anonymous wallets. Those who exercise their rights must prove their identity while the fate of billions of dollars in assets is decided by a sham vote. This is not what decentralized finance was meant to be, results produced under these sorts of conditions carry no legitimacy, should not have binding force, and should not be recognized. I call on all WLFI holders to see this proposal for what it truly is, to voice their opposition across all public channels, and to reserve all legal rights of recourse.

@justinsuntron @worldlibertyfi You got rugged. Just move on

I am calling on World Liberty Financial @worldlibertyfi to publicly disclose who controls the single guardian EOA and the 3/5 multisig that govern the WLFI smart contract. Every investor has the right to know who holds the power to freeze their assets. Here is what on-chain records show: A single guardian EOA — which also sits on the multisig — blacklisted my wallet. That same address is the sole owner of a second guardian Safe with a threshold of 1. This means one person — one single individual — has the unilateral power to freeze any token holder's assets. Seizing those assets requires a 3-of-5 multisig vote, but freezing requires only one signature. Who is that person? The community deserves an answer. Let me be clear about what this structure means: community governance and voting are meaningless. Every proposal, every vote, every claim of decentralized decision-making is theater. Real power — the power to freeze, to move funds, to control the protocol — sits with one anonymous EOA and a 3-of-5 multisig that answers to no one. The entire governance framework has been hollowed out from the inside. A project that claims to stand for decentralization and financial freedom cannot concentrate this level of power in a single anonymous address. If the WLFI team has nothing to hide, they should have no difficulty identifying who controls these keys.

@dangambardello You don’t need to defend yourself. Keep doing what you are doing. Thanks

If people would actually sit and listen to my analysis, they would probably agree with most of what I say. I've realized that the problem is people can't stand my optimism...therefore they don't even listen to my analysis.

@DavidSacks And you sucked at it. Congrats

Yep

@DavidSacks You accomplished literally nothing

After all the accomplishments in our first year, President Trump has even bigger priorities for 2026. The President's Council of Advisors on Science and Technology is hitting the ground running to deliver more wins for America. foxbusiness.com/politics/trump…

@coinbase When @CharlesSchwab finally offers crypto buying and I can finally leave @coinbase. that will be my best trade

What was your best ever trade?

@patrickjwitt How about you get off X and get something accomplished?

@LarkDavis Well said

Imagine waking up and your life savings are worth nothing. War is coming. You need to leave NOW. Banks are closed. Internet is down. ATMs capped at $1.83 a day. You have a house. You can't sell it in time. You have a car. You can't take it with you. All you have is the cash in your pocket and maybe some jewelry. That's Iran right now. 1 million rials to buy 20 bucks, probably less by the time you are reading this. Now imagine you had Bitcoin instead. No bank. No border. No government can touch it. Just a hard wallet in your pocket and enough to survive anywhere in the world. Most people will read this and scroll on. Some are living it right now.

@bensig You are not going to get a 6 year old to sit in front of a computer with an AI teacher. Tudor sure, actual grade school teacher no.

Get ready to lose your job…

@brian_armstrong I’m desperate for Charles Schwab to offer crypto buys so I can permanently delete @coinbase @SchwabTrading

Big moment - you can now trade stocks on Coinbase. The everything exchange is growing. This is another step toward our vision of offering tokenized equities. We’re not stopping until Coinbase is the #1 financial app in the world.

@martypartymusic SBF also worked there before staring FTX

Top $IBIT shareholders tells you who is managing the accumulation Wyckoff of #Bitcoin - Jane Street Who is Jane Street? (full name: Jane Street Capital or Jane Street Group) is one of the world's leading quantitative trading firms and market makers. It's a highly secretive, tech-driven proprietary trading powerhouse that uses advanced algorithms, machine learning, statistics, and low-latency systems to trade across global markets. Founded: 2000 (by former Susquehanna International Group traders: Tim Reynolds, Robert Granieri, Marc Gerstein, and Michael Jenkins). Headquarters: New York City (main office at 250 Vesey Street), with global offices in London, Hong Kong, Singapore, Amsterdam, and others. Employees: Around 2,600–3,000 people (heavily skewed toward engineers, quants, researchers, and traders many with strong math/CS backgrounds). Provides liquidity as a market maker in equities, ETFs, options, bonds, currencies, commodities, and increasingly crypto-related products. Trades its own capital (proprietary trading) using sophisticated quantitative strategies. Heavy emphasis on technology: They build their own tools, low-latency networks, distributed systems, and apply deep learning/ML to trading.

@brian_armstrong And you are dumping your shares

Retail users on Coinbase have been very resilient during these market conditions, according to our data: - They’ve been buying the dip - we’ve seen a native unit increase for retail users across BTC and ETH - They have diamond hands - vast majority of customers had native unit balances in Feb equal to or greater than their balances in December

@coinbase Why is the CEO dumping stock while also holding up Clarity act?

Ask Coinbase anything. Live on 𝕏 next week, at 10:15AM PT on February 17. Got questions? Comment them below.

@zerohedge Need Jane Street to slam asap

Bitcoin on pace for first positive day in 12 months

@zerohedge BTC needs to dump on this news

CPI 0.2% MoM, Exp. 0.3% CPI Core 0.3% MoM, Exp. 0.3% CPI 2.4% YoY, Exp. 2.5% CPI Core 2.5% YoY, Exp. 2.5%

@brian_armstrong Cooking up ways to cook its customers

Team is cooking on new formats to share earnings data. 😂

@SergeyNazarov Yes we are all excited for you guys to get nothing done like usual

Excited to join this great group of leaders from our industry on the CFTC Innovation Advisory Committee. I am looking forward to doing everything I can to help provide feedback on the key role of oracles as critical infrastructure for the reliable operation of markets, as well provide whatever insight I can on how the Cryptocurrency, DeFi and RWA industry can evolve successfully in the US as its primary global hub. @ChairmanSelig it has always been a pleasure speaking with you during your time at the SEC, I was thrilled to hear of your appointment to this new role and I am very excited about how you and this committee can work together to the benefit of both our industry and the US economy. Thank you again for forming this committee.

@ChairmanSelig @CFTC All losers who have not accomplished anything

Here is the full roster of the @CFTC Innovation Advisory Committee.👇

@brian_armstrong You are a net negative for the industry. Most of crypto should not be on exchanges

Awesome growth in 2025. Excited for 2026. The future of finance is on Coinbase.

@brian_armstrong I just dont trust this guy

It’s earnings day. 2025 was a strong year for Coinbase, and we built a solid foundation for continued growth in 2026. Our thesis is actually very simple: crypto is updating all financial services, and we're the best positioned company to capitalize on this transformation. Some highlights: - Total trading volume grew 156% Y/Y and our crypto trading market share doubled in 2025 - Assets on Coinbase increased 3x over the last 3 years - We now have 12 products generating >$100M of revenue on an annualized basis - New all time highs in USDC and Coinbase One Onwards