2023-10-26
SBF will testify. One thing they won't ask SBF about at the trial: the $70+ million of stolen customer funds which were given to top US politicians in exchange for access. Convenient.
Bloomberg
Sam Bankman Fried's lawyers say SBF plans to testify in his own trial when they start their case later this week, after damaging testimony from his inner circle
2023-07-04
I've mentioned a story many times. In early 2013 I had the idea to make a Bitcoin ETF. I figured with 20 years experience with registered securities I'd have no problem with getting the paperwork approved. (😂) Once I heard Cameron & Tyler were launching an ETF, I pivoted... https://twitter.com/...
Bloomberg
BlackRock refiles for its spot bitcoin ETF through Nasdaq, saying Coinbase will provide market surveillance to address the US SEC's insufficient info objection
Bloomberg :
2023-05-26
Fahrenheit buying Celsius? You can't make this up
Bloomberg
Fahrenheit, bidders led by Arrington Capital, wins an auction for Celsius Network's assets, including loans, investments, and $500M in “liquid cryptocurrency”
0°C×9/5+32 = how much money to thaw frozen crypto accounts? James Cirrone / Blockworks : Fahrenheit Wins Bid for Bankrupt Celsius, Will Acquire up to $500M in Liquid Crypto Tweets:...
2023-04-17
“Rather than embracing the promise of new technology as we have done in the past, here we propose to embrace stagnation, force centralization, urge expatriation, and welcome extinction of new technology. Accordingly, I dissent.” - SEC Commissioner Peirce https://www.sec.gov/...
Bloomberg
The US SEC reopens public comment for a draft rule that expands its crypto regulatory power, adding explicit language covering digital asset and DeFi exchanges
The US Securities and Exchange Commission on Friday altered a proposed rule to make more explicit that digital-asset exchanges …
2023-03-24
Important thread. From my POV as both an SEC registered broker dealer & someone who's been in #Bitcoin for a decade, Coinbase has likely not violated the law & the SEC has been extremely unfair. This is bad for America and American innovation. https://twitter.com/...
CNBC
Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
2023-03-23
Important thread. From my POV as both an SEC registered broker dealer & someone who's been in #Bitcoin for a decade, Coinbase has likely not violated the law & the SEC has been extremely unfair. This is bad for America and American innovation. https://twitter.com/...
CNBC
Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.
2023-01-30
This is a sad day for America. What was once a great nation and shining example of economic freedom has degraded into a tin pot authoritarian & corrupt, broken cronyism driven cesspool. https://twitter.com/...
Reuters
The US Federal Reserve rejects Custodia Bank's application to become a Federal Reserve System member, citing safety risks with its crypto-focused business model
2023-01-29
This is a sad day for America. What was once a great nation and shining example of economic freedom has degraded into a tin pot authoritarian & corrupt, broken cronyism driven cesspool. https://twitter.com/...
Reuters
The US Federal Reserve rejected Custodia Bank's application to become a Federal Reserve System member, citing safety risks with the bank's crypto-focused model
The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank's application to become a member of the Federal Reserve System …
2022-12-10
Now we will see what $70 million in political donations of stolen funds buys: a huge media platform rolled out by the very politicians he donated stolen funds to. They won't ask about the stolen money or the fraud— this will be yet another media show to benefit SBF. Crime pays. https://twitter.com/...
Bloomberg
Source: the US DOJ is preparing a possible fraud case against Sam Bankman-Fried and others, examining cash flows to the Bahamas around FTX's bankruptcy filing
US prosecutors, laying the groundwork for a potential fraud case against Sam Bankman-Fried and others involved in the collapse …
Now we will see what $70 million in political donations of stolen funds buys: a huge media platform rolled out by the very politicians he donated stolen funds to. They won't ask about the stolen money or the fraud— this will be yet another media show to benefit SBF. Crime pays. https://twitter.com/...
Bloomberg
As US prosecutors reportedly investigate whether FTX and Alameda orchestrated LUNA and UST's collapse, a look at the timeline of events and potential evidence
this will be yet another media show to benefit SBF. Crime pays. https://twitter.com/... @bigcheds : The golly gee sheepish act is so offensive - “But as the committee still thinks ...
2022-11-21
Lemme get this straight: SBF takes customer money & donates $31 mm to mostly dems + $5mm to Biden Biden appoints Gensler SEC Chair FTX meets him— to discuss special treatment The daughter of Gensler's old boss is FTX Pres Gensler's former staffer was FTX General Counsel Clear?
New York Times
A look at Gary Gensler's plan to regulate most crypto as securities and questions over the SEC's handling of FTX, which met the regulator before its implosion
Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.
2022-11-15
NYT reporter writes gushing piece about SBF with no mention of the stolen funds / criminal fraud. Fellow NYT employee refers to colleague as “the great” 😂 The media is another establishment failure that needs a massive overhaul — starting with deleting the NYT https://twitter.com/...
Gizmodo
The New York Times' bizarre SBF profile presents the disgraced founder through a gauzy lens, fails to challenge him, and gives him the benefit of the doubt
FTX filed for bankruptcy on Friday, leaving reasonable people to wonder how a cryptocurrency platform founded in 2019 …
2022-11-12
The current Chairman of the SEC was appointed by a politician who received $5+ million in funding from SBF. His appointment as SEC Chair was confirmed by Congress. Congressional candidates received an additional $26+ million in donations from SBF in the last year. Thoughts?
Financial Times
A look at Sam Bankman-Fried's rise and fall in DC: becoming the face of crypto, backing a digital commodity bill, and testifying before congressional committees
Financial Times :
2022-11-11
The current Chairman of the SEC was appointed by a politician who received $5+ million in funding from SBF. His appointment as SEC Chair was confirmed by Congress. Congressional candidates received an additional $26+ million in donations from SBF in the last year. Thoughts?
Financial Times
A look at Sam Bankman-Fried's rise and fall in DC: becoming the face of crypto regulation, proposing bills, and testifying to Congress before FTX collapsed
Sam Bankman-Fried sought digital asset legislation and donated heavily to Democrats — In less than four years …
2022-04-10
“New York is the former financial center... I give you the Miami bull!” - Mayor Suarez #Bitcoin #Bitcoin2022 https://twitter.com/...
Fast Company
Inside the Bitcoin 2022 conference in Miami, which felt confusing and disjointed, as the cultural spotlight on Ethereum leaves Bitcoin feeling a little stale
Ryan Broderick / Fast Company :
2022-04-09
“New York is the former financial center... I give you the Miami bull!” - Mayor Suarez #Bitcoin #Bitcoin2022 https://twitter.com/...
Fast Company
Inside the Bitcoin 2022 conference in Miami, which felt confusing and disjointed, as the cultural spotlight on Ethereum left Bitcoin feeling a little stale
What happens when you're no longer the hot young cryptocurrency? That's the question hanging over the Bitcoin 2022 conference in Miami this week.
2021-08-03
Securities regulations have been around for 88 years and they are not going anywhere. Securities include bonds, equities in all companies & the massive trading & investing industry. The mother of all industries & it's regulations are intertwined. https://www.bloomberg.com/...
Bloomberg
Q&A with SEC chair Gary Gensler on protecting cryptocurrency investors from fraud, regulating the industry, Bitcoin ETFs, and other SEC priorities like GameStop
It's become a parlor game in Washington, on Wall Street, and in Silicon Valley to figure out where U.S. Securities …
2021-07-20
Yet another billion dollar crypto company in potential trouble for selling securities without a license. Being an SEC regulated broker dealer is the only way to legally sell securities in the US. This is why Watchdog Capital went through the extra work to be registered. https://twitter.com/...
Forbes
BlockFi CEO confirms it received an order from the New Jersey Bureau of Securities to stop accepting new Interest Accounts; existing users won't be impacted
I write about how digital assets are going to change the world — According to a draft press release from the New Jersey Office …
2020-11-13
In a truly digital, cypherpunk world, governments would have no more power over the financial lives of their citizens than World of Warcraft guild masters have over players. Digital citizens will use digital money across borders & with reduced government involvement. Voluntary https://twitter.com/...
Wall Street Journal
Sources: Chinese President Xi Jinping, furious about Jack Ma's criticisms of regulators, personally made the decision to stop Ant Group's IPO
Wall Street Journal :
2020-11-03
Huge news from the SEC Reg CF limit raised to $5 million & more This is an excellent step in the right direction https://twitter.com/...
CoinDesk
SEC increases the limit dictating how much capital companies can raise before registering, a move that could result in a boon for security token offerings
The U.S. Securities and Exchange Commission (SEC) has increased limits dictating how much capital companies can raise before registering …