@RussellOkung
Hey Russell - I’ve got 15 suits to donate also. I’m only 5’10 and 210. Let’s find a charity that helps people get jobs and need professional clothes. Something like that has to exist.
@CareerGear
/
@hiringourheroes
can you help us out?
@chainyoda
@0xgaut
I would assume there is a limited ceiling at that earning potential tied to a shortened economic time span akin to the NFL. Reach that level of success and it’s hard to stay on top for very long.
@MetaLawMan
@coinbase
Can we agree this was more of a press release than an Answer? This case is not ending on a Judgment on the Pleadings. You can have my first born if that happens - he’s my easier child….
@MetaLawMan
This sounds like a logical argument that just makes sense - ultimately the Judge will reject this conclusion because - that’s what Judges do. Nuance matters. Definitely surprising that the Judge talked about this at the conference.
I think
@JohnReedStark
goes a little too far in
Why, IMHO, Coinbase's SEC Defense is Criminal
Coinbase and its shills argue that when Coinbase’s SEC initial public offering (IPO) registration went effective, the SEC somehow also approved the bonafides of Coinbase’s business. What a crock and possibly a criminal offense. Yes,
@JacobCanfield
@coinbase
Sadly - this scam is growing. I represent over 100 victims who have had their accounts pilfered by these hackers. The hackers have inside knowledge of your account pointing to at least a limited data breach.
@RobLicker
@MarioNawfal
Rumor is
@ToneVays
is trying to get the old gang back together. Kinda like a BH 90210 reunion. I’m sure
@FJasonSeibert
(like my wife) has a list of everything that I’ve said and done wrong in the last two years.
@ohaiom
I'm going to play devil's advocate because I don't think it's fair to say Aaron is just wrong. He made several valid points he just made them poorly and people confuse his demeanor and style with accuracy. His argument would have been better if the platform was actually
@scottmelker
@JohnEDeaton1
@EleanorTerrett
Simply stated - the docs aren’t that exciting. Shows that the SEC had no idea how to handle the situation. Means that the “Fair Use” defense is going to be better than expected for Ripple. Docs don’t help in the securities/commodities/crypto assets debate.
@brucefenton
The pre-sale of ETH was the sale of a security.
The trading of ETH thereafter was not.
The SEC documents released in the Ripple case conclusively demonstrate that the SEC didn’t know what to do about ETH thus making it impossible to litigate the issue in the future.
@TylerGellasch
Sad day - however, the issue in front of the Supreme Court wasn’t about the egregious terms of the user agreement (i.e. waving rights to a class action) - the issue was only whether or not Coinbase was entitled to a stay of litigation while it took an interlocutory appeal on a
@TodaysFinTech
@CryptoWendyO
Maybe another lesson is - do what your wife tells you to do and be happy with what she picks. She’s not complaining that I’m “twotting” at the pool at 7:30 on a Saturday.
@scottmelker
@PrestonPysh
@DylanLeClair_
Very weird that we haven't learned who was left when the game of music chairs stopped... The silence scares me... Means more dominoes to fall.
@PrestonPysh
@Verizon
If you find any of your accounts were ultimately compromised - give me a shout, I can help. Have over 200 lawsuits related to sim swaps where clients lost crypto.
@ohaiom
That's why his argument was incredibly weak. But it's not a zero sum game. The ICO issuers all made similar arguments/legal proclamations and some/most turned out to be fraudsters.... I'm just saying - we need to see how this turns out. I have a hunch, but when someone tells me
@JohnReedStark
@stowage_jack
@MetaLawMan
Like I said - sounds like a good argument. Sounds like a logical argument - but eventually nuance matters and it will be pushed aside. John nails it when he said the S1 and approval of the business are simply not the same. That’s why companies are forced to put in the
@lex_node
Unfortunately those same young lawyers believe - they are under compensated despite no experience, are smarter than lawyers with vast experience in the actual practice of law, and believe that crypto advice on Twitter is better than legal opinions on Westlaw.
@RepRitchie
@FSCDems
You should! Have one of your staffers contact my office. I'm happy to educate, advise, and offer clients in the crypto space who have been harmed and desperately need rational regulation.
@jesse_altman
@CCDDBB
I don’t have a good/hopeful answer. Very expensive litigation for the “small” guy to participate in while Bitfinex and the government duke it out over who gets to keep it.
@NYcryptolawyer
@BillHughesDC
@WSJ
Don’t you find it odd - after all these years that it’s the crypto people begging for legislation? When you and I met in Ohio (7-8 years ago I think) we would have been bored out of that classroom if we suggested this. We believed it - but that didn’t matter.
Like clothes in my
@coryklippsten
@scottmelker
@JoeCarlasare
The appeal of this decision is going to be fascinating for all parties. Split decision today with Ripple winning on two of the three judges scorecards. Really the Ripple token won - the Ripple profiteers lost. Everything else is just spin and clickbait today.
@scottmelker
An old Aaron Sorkin line from Sports Night and West Wing - Someone is going to emergency, someone is going to jail.... Somebody lied... Badly...
@MarioNawfal
USDT is next. Probably from the state level. State prosecutors try to make themselves known so that they could jump to being federal prosecutors.
@scottmelker
People still don’t understand how bad it is - PRIVATE arbitration is an abomination. 90% of crypto lawsuits are hidden behind closed doors.
@jeffjohnroberts
@coinbase
The response is fantastic (as you would expect from an All-Star legal team). However, as the immortal Leo McGarry once said - “You campaign in poetry. You govern in prose’…. We run a country; we deal in abstractions.”
Said differently - ain't nothing a sure thing here.
@daveweisberger1
@fintechfrank
@colinwilhelm
Not to emphasize Dave’s CAPITALIZED words but he nails it. People need to RELY on statements and there needs to be CONSEQUENCES for lying. The most overused/intentionally misused word in crypto is TRANSPARENCY.
@thecinematarian
Not my area of expertise - but nothing in "crypto" is written in the books. Historically, the answer would have been 100% no clawbacks.
@FluhrMichael
Somebody smarter than me is going to have to figure that out. I think there’s three dimensional chess going on at the moment and only the tip of the iceberg is showing.
@SenLummis
Can someone on your staff reach out? I’d love to have your staff talk to the victims of crypto fraud to help craft legislation to help the proverbial “little” people.
@scottmelker
Nice little clip from your own show -
To be fair - moments earlier I did say that I couldn't fathom Prime Trust lost private keys because they would have just said so... Like a broken clock - I'm right twice a day.
@PrestonPysh
@DylanLeClair_
There is something amazing about crypto how the ecosystem uses real financial terms with a little twist to make them sound safe and secure....