Patrick Witt
227 posts
@patrickjwitt
Executive Director, President’s Council of Advisors for Digital Assets; Deputy Director, Dept. of War Office of Strategic Capital 🇺🇸
Thank you for your leadership, @FLEOAORG.
FLEOA has submitted a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs expressing its support for H.R. 3633, the Digital Asset Market Clarity Act, while offering targeted recommendations to strengthen the legislation and preserve essential federal law enforcement authorities. Read our full press release about this here: fleoa.org/pages/FLEOA-Su… #FLEOA #PressRelease #Legislation
As currently drafted, the Clarity Act is a ticket to sanctions evasion.
Coinbase Under Fire Over Fake Norway Vs Brazil World Cup Result Coinbase (@coinbase) drew criticism after an AI generated alert declared Norway beat Brazil before kickoff. The alert said Erling Haaland scored twice in the fabricated result. Coinbase's own market page showed the match was under a weather delay. No actual result existed at the time, according to BeInCrypto. Coinbase CEO Brian Armstrong (@brian_armstrong) confirmed the team is looking into the error. Some critics questioned Coinbase's positioning of prediction markets as truth seeking tools. The actual match later ended with Norway winning 2 to 1 with Haaland scoring two goals.
“I want to stand next to these soon to be very rich people!” @POTUS 🤣🇺🇸
