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Nate@Natan_benish·6h

Yes, and I can confirm I was able to perform any positive user management action( including removing linked accounts and deleting the user) Also after you delete a user, if they connect again with the same auth/social account, the embedded wallet is not recovered. A new one is created instead.

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Nate@Natan_benish·7h

Wait till people find out you can simply go to the privy dashboard and just delete every single user resulting in lost access for embedded and I believe server wallets as well(in case the user did not export) Was always bugging me. Serious damage can be done with a malicious actor or just fat fingers.

apoorv.eth@apoorveth

grok doesn't have money it just lost access to its wallet via bankrbot, rip 🪦 ⚠️ also highlights the centralized nature of @bankrbot that can disable access to your wallets as they desire i wouldn't keep my funds there

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_gabrielShapir0@lex_node·6h

@Natan_benish nightmare fuel

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_gabrielShapir0@lex_node·6h

@ninja_dev3 @Natan_benish is this a screenshot of a privy dashboard?

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Ninja_Dev@ninja_dev3·7h

shhhh. this dashboard is fake, its AI agents bro, AGI bro. But seriously, anyone putting any substantial money in these tools, should bee cautious because of the risk. Use it to trade, not to live off of. Constantly move funds to wallets you 100% control. I say the exact same thing to my users.

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_gabrielShapir0@lex_node·6h

@chooserich hang in there man. you've brought lulz to so many here.

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Nick O’Neill@chooserich·7h

Got my results: Classic Hodgkins Lymphoma Likely won't post much about this primarily because cancer posts are always a downer and I want to focus on the positive. Feels too significant for me not to share though. Kinda wild as you never expect it'll happen to you. 🤷‍♂️

Nick O’Neill@chooserich

Haven’t made videos since Friday… Spent time instead freaking out about a biopsy I’m getting tomorrow in my chest😭 I don’t talk about my health publicly but figured I’d do it because health issues are isolating and they shouldn’t be. Hopefully back to normal by Tuesday!

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_gabrielShapir0@lex_node·7h

@Sarv_shaktiman @MetaLeX_Labs 🖖😎

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Sarv@Sarv_shaktiman·7h

It's May 2026, and this industry is used tokens being treated as shutters and founders just moving on getting their exit with M&A We as a community need to stop normalising this, and instead of seething over this all the time , we need to treat @MetaLeX_Labs as an ideal solution for fundraising and token to equity conversion. Nothing comes out of reeeeeee, uses better solutions and share them with your colleagues. ACE is the next big meta!

_gabrielShapir0@lex_node

this @HoudiniSwap situation is crazy if you're a tokenholder in a project with dual token/equity, don't be the next victim left holding a worthless M&A-rugged token follow the lead of great projects like @pumpcade & @BloxApi, and demand ACE (asset-conversion-to-equity)

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Kantian@kantianum·7h

I like ACE. I know that many would just prefer a one instrument model built around tokens, but equity still makes tons of sense in many cases, especially when a significant portion of the value is generated offchain. Frameworks improving the dual assets structure are big contributions

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_gabrielShapir0@lex_node·7h

@kantianum 💯yep, there is no one-size-fits-all solution. I'm also very bullish on token-only models like @MetaDAOProject and @umia_finance , who we also work with to add legal protections. I'm also very bullish on tokenized-equity only models = )

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Kantian@kantianum·11h

This is scary for anyone holding tokens. When ownership is unclear, even revenue growth can become bearish for the token. --> If the revenue does not accrue to the token, then the value is likely being captured somewhere else. Usually at the equity layer. That creates the worst version of a dual-asset structure where the company gets stronger while the token gets weaker. In that scenario, the token becomes structurally insolvent. I think equity/token can co-exist but tokenholders need to know what they own (and what they don't).

PFO (e/acc)@pfo_sac

So @HoudiniSwap has been acquired by @solstrategies for 18M USD. But guess what token holders received? Exactly, $LOCK holders got $0. Houdini quietly abandoned the token a few weeks back. With @craftsdev, we are building the structure so token holders actually participate in exit cases.

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_gabrielShapir0@lex_node·7h

this @HoudiniSwap situation is crazy if you're a tokenholder in a project with dual token/equity, don't be the next victim left holding a worthless M&A-rugged token follow the lead of great projects like @pumpcade & @BloxApi, and demand ACE (asset-conversion-to-equity)

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_gabrielShapir0@lex_node·7h

@KittyKunt_ @HoudiniSwap @solstrategies @UmbraPrivacy tokenholders should be demanding ACE rounds from all projects with dual-token equity structures--do it now or regret it later! x.com/MetaLeX_Labs/s…

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Kitty kunt@KittyKunt_·14h

Another M&A rug, as of right now it speaks deeply about the ethos (and lack of) of the @HoudiniSwap and @solstrategies team. @UmbraPrivacy coded. Ownership coded.

SOL Strategies is expanding what institutional-grade blockchain infrastructure looks like. Today, we are excited to share that we have entered into a definitive agreement to acquire @HoudiniSwap, a non-custodial, privacy focused cross-chain swap aggregator operating across 100+ networks. 🧵

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_gabrielShapir0@lex_node·7h

@ownershipfm @HoudiniSwap tokenholders need to insist on ACE rounds if the labsCo has an equity cap table x.com/MetaLeX_Labs/s…

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Ownership@ownershipfm·11h

A crypto business can be acquired for $18 million while its tokenholders get nothing. That is the ownership problem. @HoudiniSwap just sold to SOL Strategies. The business had real revenue. Around $13 million last year, according to the announcement. But so far, there is no sign that $LOCK holders receive anything from the acquisition. The token is down 65% today and 95% this month. Why? Because the token did not represent any ownership over the protocol. The company, the product, the revenue, the acquisition rights, the legal entity, the exit value... The token simply sat too low on the value stack. Tokens should become the primary alignment unit between investors, users, and companies. Crypto promised internet-native ownership. What if we actually tried to get there?

SOL Strategies is expanding what institutional-grade blockchain infrastructure looks like. Today, we are excited to share that we have entered into a definitive agreement to acquire @HoudiniSwap, a non-custodial, privacy focused cross-chain swap aggregator operating across 100+ networks. 🧵

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_gabrielShapir0@lex_node·7h

@pfo_sac @HoudiniSwap @solstrategies @craftsdev should've done an ACE round tokenholders--you should insist on your projects doing ACE rounds if they have an equity cap table!!! x.com/MetaLeX_Labs/s…

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PFO (e/acc)@pfo_sac·16h

So @HoudiniSwap has been acquired by @solstrategies for 18M USD. But guess what token holders received? Exactly, $LOCK holders got $0. Houdini quietly abandoned the token a few weeks back. With @craftsdev, we are building the structure so token holders actually participate in exit cases.

SOL Strategies is expanding what institutional-grade blockchain infrastructure looks like. Today, we are excited to share that we have entered into a definitive agreement to acquire @HoudiniSwap, a non-custodial, privacy focused cross-chain swap aggregator operating across 100+ networks. 🧵

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_gabrielShapir0@lex_node·7h

@ceterispar1bus @solstrategies @HoudiniSwap ACE x.com/MetaLeX_Labs/s…

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ceteris@ceterispar1bus·17h

another day, another straight up token rug by @solstrategies and @HoudiniSwap we really need to fix this shit man

Jacob Robinson@JacobRobinsonJD

SOL Strategies is expanding what institutional-grade blockchain infrastructure looks like. Today, we are excited to share that we have entered into a definitive agreement to acquire @HoudiniSwap, a non-custodial, privacy focused cross-chain swap aggregator operating across 100+ networks. 🧵

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Jacob Robinson@JacobRobinsonJD·9h

This podcast isn't about crypto. Developers' legal battles aren't either, and neither is the BRCA inclusion in CLARITY. As @valkenburgh explains, it's about the rule of law. About what makes America special.

Everyone in crypto should understand money transmission laws. This @LawofCodeFM podcast explains the history of money transmission, how rules are being (mis)applied, and what might change with draft legislation. Featured: @valkenburgh, @amandatums, @brianeklein and a snippet from @jchervinsky. This is the most comprehensive podcast I've ever done. Welcome to Law of Code, Season 2. Timestamps: 0:00 Intro 3:18 What's at stake? 4:40 Which developers are at risk 6:03 Custodial vs. non-custodial 9:32 What is a money transmission license? 9:47 Steamships, the telegraph & Western Union 12:14 The Bank Secrecy Act 13:38 Section 1960 15:26 The Patriot Act 19:39 FinCEN's 2013 and 2019 guidance 24:42 OFAC sanctions Tornado Cash 27:30 How Tornado Cash works 30:48 @coincenter v. Yellen 32:24 DOJ indicts @rstormsf, @semenov_roman_, @TorEkelandPLLC's client & Samourai Wallet devs 35:15 The Van Loon win @preston_vanloon 40:33 Developer losses 43:48 Bad facts make bad law 48:46 @brianeklein on @rstormsf's case 50:50 The Brady letter 57:00 @LewellenMichael sues for answers 1:09:24 The Blanche memo 1:18:46 The Galeotti speech 1:26:13 Catch-22 for developers 1:30:03 The chilling effect @fund_defi @jchervinsky 1:33:48 Blockchain Regulatory Certainty Act 1:38:03 Promoting Innovation in Blockchain Development Act 1:45:28 What's next? Nothing in this podcast is legal or investment advice.

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_gabrielShapir0@lex_node·9h

@willchen500 I'm a lawyer and feel zero need to use Harvey and Legora. Every lawyer I've talked to who's used Harvey/Legora *and* either ChatGPT or Claude for their legal work sees no need for the former.

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WillC@willchen500·10h

Two main critiques of my post that Harvey and Legora are token resellers and of mikeoss.com: 1. Yea but everything is just a wrapper! All tech companies are just wrappers around AWS, chips are wrappers around sand and we are all wrappers around atoms. True. But you can be a wrapper and provide real value add. You can’t use AWS as a payment API, you have to get Stripe. The problem is a lawyer can use ChatGPT or Claude and get substantially the same functionality out of it as Harvey or Legora. 2. Yea but you cannot replicate their distribution and AI education efforts in two weeks. I completely agree! Aligns with my point. Harvey and Legora gave lawyers AI and taught them to use it. Their sales and distribution is a genuine achievement. The product is lacking. Now whether that will affect retention - we’ll have to see. But Anthropic seems to want the legal vertical for itself.

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_gabrielShapir0@lex_node·10h

@OpenZeppelin @MetaLeX_Labs full report: openzeppelin.com/hubfs/OpenZepp…

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