_gabrielShapir0 @lex_node Twitter profile | Pikagi

Pikagi

_gabrielShapir0

@lex_node

43,525

Followers

25

Following

3,157

Media

44,873

Statuses

| 10x cryptoattorney | building @MetaLeX_Labs | DM @lex_node TG

Mars

https://t.co/nZfInNf8DY

Joined January 2018

Don't wanna be here? Send us removal request.

Pinned Tweet

@lex_node

_gabrielShapir0

2 months

Many of you have asked what I've been working on in recent months. It's called MetaLeX. Signifying a movement beyond (μετα-) law (-lex), MetaLeX is devoted to cybernetic law solutions co-developed by devs and lawyers to fuse autonomous software with legal structures.

Tweet media one

47

86

504

Last Seen Profiles

@MeteoCanalSur

@RositaHave22763

@AirDumpling

@MylfL

@EmoryUniversity

@OILWarszawa

@FORTUNESLOT88

@petermidgley

@Getrude_mollel

@Lee_awww

@VenoFinance

@ucaerie

@composerism

@YukonChristmas

@Team_PlayHard

@Evo_Core_Gaming

@Hvuorenp

@darexybaba

@RbxTories

@land4alice

@ahmaad_ak

@thejade_xx

@amaneyumik89572

@AIBCEuroproject

@JuanMy_29

@SEWalesMND

@Tre_smoove2

@foilsarah

@gabrielbearlz

@oykud__

@hillcountrycc

@vintagefeelingx

@Vishalk09340276

@RepsPositions

@wglenergy

@TedTeddycat

@lex_node

_gabrielShapir0

4 months

@GaryGensler @SECGov lmaaoooo and you guys want to be in charge of cybersecurity standards???

44

214

5K

@lex_node

_gabrielShapir0

2 years

CFTC and Democrats were palling around with SBF, suing DAOs and devs, decrying the scourge of DeFi and plotting to regulate websites and wallet APIs while FTX played with customer money. Madoff and Enron were fully SEC regulated. Regulators do not protect us, period.

Tweet media one

Tweet media two

222

1K

4K

@lex_node

_gabrielShapir0

3 years

@stablekwon and @MarcGoldich are suing the SEC, the absolute madmen Thread soon

113

311

1K

@lex_node

_gabrielShapir0

5 months

ETH vs SOL the real issues, a thread

86

222

1K

@lex_node

_gabrielShapir0

10 months

go ahead, keep pretending that the Prometheum CEO, Robinhood CEO, & DeepFuckingValue aren't all the same exact guy wearing different funny costumes they have played us for absolute fools

Tweet media one

Tweet media two

Tweet media three

59

116

1K

@lex_node

_gabrielShapir0

1 year

SEC thought they were gangsta; then the Bahamanian Securities Commission walked onto the yard

Tweet media one

86

123

1K

@lex_node

_gabrielShapir0

2 years

I'll join the pain train. Yes, I got completely wiped out to after-taxes negative net worth from Terra. Weirdly, although I'm pretty pessimistic and depression prone as a person, I just cannot seem to get upset about it. Not sure why, but I guess it's a good sign.

88

12

1K

@lex_node

_gabrielShapir0

2 years

I now completely understand how OG Bitcoin maxis became the way they are. When you witness scam after scam, you just want to go all-in on something that has standards and a track record.

79

78

954

@lex_node

_gabrielShapir0

2 years

SEC could've gone after FTT as a security. Instead they sued a small under-resourced YouTube fork that gave tokens to video creators as rewards for their creativity.

25

134

938

@lex_node

_gabrielShapir0

3 years

If you talk to lawyers in the space who are working on SEC defenses for DeFi projects, one of the biggest issues is that internal chats/communications (discoverable by SEC) lapse into talking about the project as if it were any tech start-up instead of a FOSS project

21

182

889

@lex_node

_gabrielShapir0

1 year

@dystopiabreaker I don't know what you're talking about. I took a selfie with the new Samsung and it's 100% real with no evidence of AI processing.

Tweet media one

7

7

847

@lex_node

_gabrielShapir0

2 years

I have long been a believer in transparency and open discussion of the future of cryptolaw. Accordingly, I have obtained a copy of a draft of the notorious DCCPA circulating secretly in D.C. and am hereby making it available to the public.

112

259

778

@lex_node

_gabrielShapir0

1 year

`The recent collapse of a major crypto exchange proves that the bill we were colluding with the owner of that crypto exchange to draft after he spent $40M in political bribes to get it done is the best path forward` Jesus. Fucking. Christ.

Tweet card media

Senators moving forward with SBF-backed bill after FTX collapse

Authors of legislation to increase federal oversight of crypto exchanges and underlying spot markets pledged to move forward on legislation in the wake of FTX's shocking collapse.

www.theblock.co

75

182

827

@lex_node

_gabrielShapir0

2 years

okay, so here are my quick thoughts on the Lummis bill:

39

241

807

@lex_node

_gabrielShapir0

1 year

an absolutely blistering dissent from @HesterPeirce that will likely be remembered by history

53

199

797

@lex_node

_gabrielShapir0

1 year

this is it. this is the world now.

30

127

788

@lex_node

_gabrielShapir0

2 years

Today, @Delphi_Digital submitted to the SEC our strong objections to the SEC's recent proposed amendments to Reg ATS, which, in part, seek to re-define all "communications protocols" as potential securities exchanges.

19

171

787

@lex_node

_gabrielShapir0

1 year

if you make your blockchain into a bundle of contracts with "constitutions" etc., govts/courts/law enforcement will treat them accordingly--immutability is not legal cryptosystems are best treated as people opting out of a rights/duties regime into a powers/incentives regime

284

120

650

@lex_node

_gabrielShapir0

2 years

I sold my ETH at $30 to pay my student loans. I've paid AMT multiple years. Unmarried no dependents. No COVID relief funds. Worked extremely hard for years and can't even afford a house. Tbqh I'm annoyed by student debt relief, and it's basically a form of voter bribery.

110

33

772

@lex_node

_gabrielShapir0

2 years

from talking to lawyers and devs for the last two weeks re: sanctions stuff, I think USGoV has won Andre Cronje's prediction that DeFi will divide into "regulated DeFi" and "badlands DeFi" has come true and most blue-chip projects will embrace the former

87

109

742

@lex_node

_gabrielShapir0

2 years

it's dicta, but here the LBRY judge reasons that even if team is completely silent about efforts--no promises, no contracts--but premines tokens, that alone creates a sufficient expectation of profits from their efforts in common enterprise to pass the Howey test very bad result

Tweet media one

105

185

766

@lex_node

_gabrielShapir0

2 years

a massively underrated aspect of Terra is the huge leap in UX from having a stablecoin as a gas token; it's just so much more intuitive, people like it

51

80

744

@lex_node

_gabrielShapir0

1 year

whew lad, lots to digest in the SEC lawsuit vs Do Kwon and Terraform Labs right off the bat, a very interesting fact is that the SEC is being more thorough than usual--specifically running through the Howey test for various assets (UST, LUNA, and wLUNA) and also alleging that…

Tweet media one

63

200

758

@lex_node

_gabrielShapir0

9 months

Proposed treasury regs for crypto asset 'brokers' just dropped and do indeed explicitly characterize various persons involved in DeFi (including operators of websites that communicate with wallets) as brokers . I'll need to dig in more but it looks pretty bad.

Tweet media one

Tweet media two

Tweet media three

Tweet media four

106

191

722

@lex_node

_gabrielShapir0

1 year

now that Gensler has made clear he regards every single token (including stablecoins) other than BTC as securities under U.S. law, can we start asking "what is the plan here?" some thoughts & facts below:

Tweet media one

116

179

725

@lex_node

_gabrielShapir0

2 years

U.S. validators (which includes very powerful Coinbase) are gonna push for protocol-level censorship They can't self-help by merely avoiding facilitation of blocks containing U.S.-sanctioned txs, because under certain conditions they might be dramatically slashed from doing so.

78

123

679

@lex_node

_gabrielShapir0

1 month

as I've been saying for a while, Richard Heart's defenses are actually very strong and I think this will be the SEC's first crypto case that it actually loses

@RichardHeartWin

Richard Heart

@RichardHeartWin

1 month

#Ethereum . 11 of my lawyers are fighting for your rights. They just filed this motion to dismiss with the SEC. The fact pattern here seems superior to the fact patterns of other cases you see in the courts, and as such it's a wonderful place to make a stand! Check out the strong…

Tweet media one

Tweet media two

Tweet media three

Tweet media four

313

2K

4K

69

160

714

@lex_node

_gabrielShapir0

2 years

I have reviewed the SEC's proposed amendment to Regulation ATS. As strongly hinted at by @HesterPeirce , it is a major threat to free speech, investor choice and technological innovation. More thoughts here:

Tweet card media

Urgent Considerations of Impact on Blockchain/DeFi of the SEC's Proposed Regulation ATS Amendment

Intro & Call to Action The SEC's new securities exchange / ATS amendment proposal has been published, alongside a strenuous dissent from Commissioner Hester Peirce. The proposal is massive and, as...

metalex.substack.com

27

231

688

@lex_node

_gabrielShapir0

1 year

Tweet media one

34

130

689

@lex_node

_gabrielShapir0

1 year

amazing

Tweet media one

Tweet media two

51

137

679

@lex_node

_gabrielShapir0

3 months

I'm hearing from D.C. sources that U.S. regulators/legislators are saying the govt should have keys to freeze DeFi systems, reverse txs, etc. Bich the SEC could not even secure a Twitter account and you want the government to hold private keys to trillions of value???

38

107

687

@lex_node

_gabrielShapir0

4 months

a blistering hot statement on the SEC's anti-crypto bias from @HesterPeirce

Tweet media one

24

130

676

@lex_node

_gabrielShapir0

1 year

Tweet media one

6

150

659

@lex_node

_gabrielShapir0

3 years

Well, it happened. TechLead finally went full scammer.

Tweet media one

Tweet media two

76

55

643

@lex_node

_gabrielShapir0

1 year

I think it's time to acknowledge that shadowy, long-dated U.S. Treasuries pose a systemic risk to the stability of our crypto markets. I am calling on Gary Gensler and the SEC to regulate U.S. Treasuries as Howey investment contracts immediately to protect crypto investors.

13

122

651

@lex_node

_gabrielShapir0

4 months

lol looks like ETF was approved but accidentally before market close so they took it down after this freakshow the SEC and especially Gensler can *never* be trusted again if any company under SEC regulation were to commit similar reckless / grossly negligent acts the SEC would…

Tweet media one

25

90

646

@lex_node

_gabrielShapir0

3 years

okay, so I went through @DonBeyerVA 's proposed 'Digital Asset Market Structure and Investor Protection Act' more carefully, and here is the obligatory thread

Tweet card media

Beyer Introduces New Legislation To Regulate Digital Assets | U.S. Representative Don Beyer

beyer.house.gov

19

220

625

@lex_node

_gabrielShapir0

2 years

Gensler basically just said he expects 10-11 years of one-off settlement negotiations with different crypto market participants before they can figure out standard rules for crypto 🤡😂🤣🤡😂🤣

60

93

608

@lex_node

_gabrielShapir0

2 years

🚨OFAC revokes TC deisgnation and re-designates with clarity on what person 'Tornado Cash' is --i.e., the unincorp association of TC founders & developers + the TC DAO ...a tacit surrender to @coincenter 's lawsuit... ...but also a more legally credible pivot...

Tweet media one

59

157

612

@lex_node

_gabrielShapir0

1 year

DAOs are under legal attack. But we can’t give up; decentralization & autonomy are more important than ever. That’s why, today, I’m excited to announce a new concept I’ve developed with @delphi_labs the Cybernetic Organization or 'BORG'.

Tweet card media

Assimilating the BORG: A New Cryptolegal Framework for DAO-Adjacent Entities

Delphi Labs is excited to unveil its framework for the Cybernetic Organization, or BORG, which we plan to make a hallmark of how we…

delphilabs.medium.com

40

164

605

@lex_node

_gabrielShapir0

11 months

whatever you think of Hinman emails and Ripple's chances of wining/losing, I think we can all agree SEC policy, tactics, everything on crypto has been an absolute mess--even before Gensler--inviting arbitrary application of law through nebulous 'morphing' non-guidance

30

82

599

@lex_node

_gabrielShapir0

2 years

popular data center / web host for Etherum and Cosmos nodes announcing all blockchain activity violates their ToS they are going to push us to max decentralization

Tweet media one

56

108

581

@lex_node

_gabrielShapir0

2 years

last week cryptolawyers invented a new doctrine that if a person receives crypto from a sanctioned address, that person or that person's address is now also sanctioned despite not being on SDN list unprecedented, total capitulation and now making the rounds justifying this....

58

63

579

@lex_node

_gabrielShapir0

1 year

believe it or not @avi_eisen arrest is very bearish for DeFi: (1) sure, it might deter further attacks, but the whole point of these protocols is that they need to be robust against such attacks in a pvp environment

59

79

559

@lex_node

_gabrielShapir0

1 year

"Any buyer of Signature must agree to give up all the crypto business at the bank, the two sources added."

Tweet card media

Exclusive-U.S. regulator eyes Friday bids for SVB, Signature Bank -sources

By David French and Pete Schroeder (Reuters) -Regulators at the U.S. Federal Deposit Insurance Corp (FDIC) have asked banks interested in acquiring failed lenders Silicon Valley Bank and Signature...

www.streetinsider.com

77

152

554

@lex_node

_gabrielShapir0

8 months

if you run any kind of interface etc. for a DeFi credit protocol, block the U.S. many people told me I was crazy when I said that the CFTC's case against OokiDAO simply makes DeFi illegal under the CFTC's view of U.S. law; I was right--they were wrong

44

120

546

@lex_node

_gabrielShapir0

4 years

loooooooooool

Tweet media one

6

87

513

@lex_node

_gabrielShapir0

1 year

appalling & discriminatory result. . . . ...Custodia (fka Avanti) was the best hope for legit crypto banking in the U.S...it would've made crypto safer (not riskier) by limiting rehypothecation risks & creating a more regulated option for on/off-ramps...

Tweet card media

Custodia Bank Denied Federal Reserve System Membership

The Wyoming-based bank’s application for a master account is still pending.

www.coindesk.com

31

70

531

@lex_node

_gabrielShapir0

8 months

uniswap labs, paradigm et. al. win dismissal of class action suit trying to hold them liable for sales of 'scam tokens' on Uniswap AMM some good fodder in here to use against the Treasury b/d proposal and various SEC cases

Tweet media one

Tweet media two

20

97

528

@lex_node

_gabrielShapir0

11 months

okay, as promised, here is my long/stream-of-consciousnessy thread on the proposed crypto market structure bill CAVEAT: this is one of the most of complex & ambitious financial laws ever written. I might miss stuff. I am paraphrasing some things for ease of readability.

Tweet media one

Tweet media two

32

138

508

@lex_node

_gabrielShapir0

2 years

I happen to think very few people are consciously evil SEC, CFTC--please stop harassing open source developers building good software, and focus your efforts on the people really playing games with other people's money and manipulating the market

12

46

504

@lex_node

_gabrielShapir0

7 months

I told you guys for a long time. And they waited till $50M new UNI proposal to Foundation was approved to announce this. No idea why anyone holds UNI. *This* is the kind of token the SEC should be cracking down on, not the ones that actually do have intrinsic system fees.

Tweet media one

@lex_node

_gabrielShapir0

2 years

@Iso_IX @Mudit__Gupta they don't want to drive value to UNI; it's a regulatory liability and they have a plan to monetize their equity they own a much bigger % of their company equity than of the token

4

4

60

37

63

506

@lex_node

_gabrielShapir0

2 years

In corporate finance we talk about "exit liquidity". Through crypto--UNI, APE, COMP--silicon valley VCs invented "non-exit liquidity". APE is plunging because the real asset is BAYCs and/or YugaLabs equity and the market was dumb enough to buy into " value by association".

20

73

489

@lex_node

_gabrielShapir0

2 years

the first principle of cryptolaw is that there are no rights, only powers the second principle of cryptolaw is that there are no obligations, only incentives the third principle of cryptolaw is that the only agreements are agreements to defer to systems-driven outcomes

23

102

480

@lex_node

_gabrielShapir0

2 years

I haven't seen anyone discussing whether @BrantlyMillegan 's right to freedom of religion is being violated. I totally disagree with his heinous views but it seems he was uniformly praised for his work and is being fired for expressing his religion? What am I missing?

77

28

468

@lex_node

_gabrielShapir0

3 months

Tweet media one

14

44

475

@lex_node

_gabrielShapir0

1 year

Investor Advisory Committee to SEC ("independents" advising SEC on desirable policy to protect investors) recommends SEC treat essentially all tokens as securities and pursue aggressive enforcement... argues crypto harms racial minorities infuriating take but par for the course

Tweet media one

Tweet media two

Tweet media three

Tweet media four

135

97

457

@lex_node

_gabrielShapir0

1 year

John Ray woke up and chose violence let us all learn from his ways

Tweet media one

32

87

451

@lex_node

_gabrielShapir0

2 years

there is a special place in hell reserved for lawyers who get rich from crypto clients then drop them as soon as the going gets tough this is a subtweet

32

30

444

@lex_node

_gabrielShapir0

2 years

This dev left the Ethereum community forever after witnessing shocking acts of the most vile and wanton depravity ever displayed at a crypto conference. Please keep it professional or Ethereum will lose all its devs. No flirting no smoking and definitely no back scratching.

Tweet media one

74

16

439

@lex_node

_gabrielShapir0

11 months

Howey test requires "reasonable expectation of profits," and yet somehow no one has raised the most obvious defense of all: We are *not*... reasonable people.

Tweet media one

25

46

437

@lex_node

_gabrielShapir0

4 months

lol, guess I'm the only person at Delphi who's not a Solana bull. . .I have nothing against Solana & it seems some cool people are building some cool stuff there, but I quite literally don't get the point of it no matter how much I read about it. . .if high speed/low cost is your…

@Delphi_Digital

Delphi Digital

@Delphi_Digital

4 months

“We believe @ethereum ’s dominant market share is bound to deteriorate. And as the largest and most vibrant non-EVM ecosystem, we expect @solana to be the main recipient of market share normalization.”- 𝐓𝐡𝐞 𝐘𝐞𝐚𝐫 𝐀𝐡𝐞𝐚𝐝 𝐟𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝟐𝟎𝟐𝟒. Our Year Ahead…

Tweet media one

Tweet media two

Tweet media three

Tweet media four

46

162

575

72

51

448

@lex_node

_gabrielShapir0

3 months

🚨Very important exchange from today's SEC hearing where SEC staff assert that the new broker-dealer rule will make all LPs in AMMs into securities dealers with a registration requirement. Paraphrase of @HesterPeirce 's incisive questioning of staff below: 🚨 Staff: "AMM is…

52

107

427

@lex_node

_gabrielShapir0

10 months

Even though I thought Ripple would lose, this is one of the best days of my life and truly the interests of justice are served by this result....

25

44

446

@lex_node

_gabrielShapir0

3 years

meanwhile on the HEX stream

Tweet media one

Tweet media two

59

15

420

@lex_node

_gabrielShapir0

1 year

sounds like the SEC is poised to approve last year's widely protested Reg ATS amendments that shadow-covered DeFi without reopening comment period or paring that part back what a nightmare

Tweet card media

The US SEC is getting ready to scrutinize DeFi markets even further

The agency looks poised to expand further into policing decentralized finance and is likely to declare that rules governing trading exchanges in the U.S. also apply to decentralized finance.

www.theblock.co

84

103

423

@lex_node

_gabrielShapir0

2 years

I passed Gary Gensler on the street one time and he gave me the subtlest possible nod, clearly signaling that none of the tokens I like are securities.

18

21

430

@lex_node

_gabrielShapir0

2 years

you need to be entity-maxxing; you need at least one entity in every haven: Caymans, Dubai, Panama. you need entities-within-the-entities, all managed by different teams with different governance structures. you need entities that own each other, like a snake eating its own tail.

37

59

431

@lex_node

_gabrielShapir0

20 days

remains absolutely wild the amount of clearly, indisputably illegal things in crypto that regulators do NOT go after, while pursuing crazed theories like "unhosted wallets" being brokers can only be explained by wanting to discredit & destroy crypto

33

51

439

@lex_node

_gabrielShapir0

2 years

I feel like "understands crypto extremely well but is extremely skeptical of 95% of blockchain ideas and not afraid to shred them to pieces" is a woefully underrepresented but badly needed industry service niche

47

35

427

@lex_node

_gabrielShapir0

2 years

SEC still going after 2017 ICOs litigation over 2020 projects hasn't even really started yet (barely) so we have a long road ahead & I expect to see the first big DeFi action by SEC before end of September

Tweet media one

19

62

357

@lex_node

_gabrielShapir0

10 months

A huge part of the success of Ethereum is that a bunch of smart weirdoes got rich from its ICO & became a new NEET intellectual aristocracy We need more ICOs and less VC funded stuff if we want similarly strong success stories from other projects....

34

28

408

@lex_node

_gabrielShapir0

29 days

Avi Eisenberg's lawyers are doing a brilliant job this is cross-exam of a *prosecution* witness they are (correctly) portraying Mango Markets as a *machine*, rather than a counterparty--hence no fraud involved Avi might actually have a chance here

Tweet media one

19

33

409

@lex_node

_gabrielShapir0

1 year

new stablecoin protocol just dropped

Tweet media one

Tweet media two

Tweet media three

Tweet media four

38

41

395

@lex_node

_gabrielShapir0

1 year

Senator: can we just pause cryptocurrency until we're ready to regulate it? 🤣🤣🤣

45

35

399

@lex_node

_gabrielShapir0

2 years

I hate to say it but the legal advice in crypto from major firms is so bad now that I believe many projects would be better served by using common sense. As soon as "crypto" is involved they default to max-panicked position that is worst for client and best for govt--astonishing

48

44

399

@lex_node

_gabrielShapir0

11 months

@xbtGBH a lot of these guys count 'pulling a girl' as leaving the club with her friends and eating some falafel at the late-night gyro shop before calling their respective ubers, but yes

2

2

386

@lex_node

_gabrielShapir0

7 months

Purported "tokenization" of purported "RWAs" is mostly fake/impossible--a brief thread

46

88

395

@lex_node

_gabrielShapir0

4 months

anti-crypto political hacks love to tout crypto's lack of "legal compliance" until a court of law disagrees with them--then they just ignore the courts and keep saying it's illegal anyway who really has 'no respect for the law'? us or them?

@SenWarren

Elizabeth Warren

4 months

The @SECgov is wrong on the law and wrong on the policy with respect to the Bitcoin ETF decision. If the SEC is going to let crypto burrow even deeper into our financial system, then it's more urgent than ever that crypto follow basic anti-money laundering rules.

9K

931

5K

9

56

397

@lex_node

_gabrielShapir0

1 year

why do journalists not ask Gensler about this in his countless media appearances? why do they let his claims of "just register" go unchallenged? what is the plan? we are all wondering, and billions of American $ are at risk @GOPMajorityWhip @PatrickMcHenry please act fast

19

56

392

@lex_node

_gabrielShapir0

2 years

Felt pretty close to retirement for a bit there, but now you guys are stuck with me for years to come. 🤣

20

4

392

@lex_node

_gabrielShapir0

3 years

In other words, you need to run your project consistently as a sort of open hacker collective, and not as a silicon-valley start-up. This is the #1 reason why Ethereum got better regulatory treatment than Ripple.

17

31

389

@lex_node

_gabrielShapir0

1 year

I just read SEC's case against Bittrex & am floored...more aggressive than could've been imagined and goes directly against Dash's no-premine model, saying DASH is a security despite the fact that the devco is funded by validators out of block rewards...

Tweet media one

26

73

388

@lex_node

_gabrielShapir0

1 year

apparently the NY Times and other mentally deranged journos still don't understand the difference between "money manager" and "custodian" FTX was supposed to be a custodian and trading platform not a hedge fund

Tweet media one

22

59

388

@lex_node

_gabrielShapir0

8 months

We could've made Erik Voorhees the main character but instead we make literal scammers the main character and still simp for them after they scam us. 😭

28

27

376

@lex_node

_gabrielShapir0

2 years

TFL has filed its opposition to the SEC's last filing in their ongoing litigation

Tweet media one

16

81

376

@lex_node

_gabrielShapir0

1 year

deleted top tweet & fixing typo: this was at a DC DeFi demo event for lawmakers and policy wonks put on by Paradigm it's not just SBF--VCs are begging for D.C. to regulate websites it would create new biz models for them while killing competition pulling up the ladder

Tweet media one

20

63

370

@lex_node

_gabrielShapir0

6 months

it's very frustrating as a lawyer in the space to see relatively conservatively structured projects get targeted on strained securities law theories while projects with fairly clear securities law violations run rampant, often with major VC backing...

26

32

384

@lex_node

_gabrielShapir0

1 year

Coinbase tightening up the terms of their staking program to augment their securities defenses If Coinbase got hit before Kraken, Kraken could've used Coinbase case as a lesson to tighten up Kraken's program SEC is *literally* picking winners and losers

Tweet media one

21

49

373

@lex_node

_gabrielShapir0

2 years

you're going to hear a lot about real and fake decentralization & "DeFi principles" in upcoming discussions about regulation IMO, we must not support anything that requires the govt to give permission for creating or operating software (for profit or for free)

21

57

372

@lex_node

_gabrielShapir0

2 years

I've been telling you guys, the Democratic party is at war with crypto and, furthermore, with all disintermediation technology. Elizabeth Warren's bill is basically a criminalization of working on decentralization technologies.

32

50

362

@lex_node

_gabrielShapir0

7 months

scathing expose of Gensler's SEC in the Wall Street Journal today April 2022--SEC had an "internal data breach"

Tweet media one

16

58

361

@lex_node

_gabrielShapir0

3 years

blockchain peeps will be like "ew corporations are centralized" and then delegate all their governance votes to 3 cartoon avatars

8

29

352

@lex_node

_gabrielShapir0

2 years

crypto law/policy has become very confused, for the following reasons this is a potentially cancellable opinion, but I believe it really explains "how we got here"--i.e., to the very strange and confusing legal/policy position we are in as an industry

19

79

260

@lex_node

_gabrielShapir0

5 months

you call it hacking kyberswap exploiter calls it private equity you are not the same

Tweet media one

32

31

356

@lex_node

_gabrielShapir0

3 years

at this point I'm assuming every blue-chip Silicon-Valley backed DeFi project got an SEC subpoena last week I don't have firsthand knowledge of any (does this mean I'm good at my job?) but enough rumors from different people, with the Uniswap front-end censor a soft confirm

18

49

344

@lex_node

_gabrielShapir0

1 year

i OnLy hAvE $100K iN My BaNk aCcOuNt

Tweet media one

15

21

351

@lex_node

_gabrielShapir0

10 months

I would strongly suggest people move away from "DAO" and similar terms. Call them "smart governance systems" or similar. Emphasis on it being software instead of an "org". I can't do a long thread rn but many legal factors (including pending legislation) play into this....

34

53

347

@lex_node

_gabrielShapir0

5 months

so why is JPM heavily invested in Consensys? I am confused...

@YahooFinance

Yahoo Finance

5 months

"I've always been deeply opposed to crypto, bitcoin, etc. [Senator Warren] pointed out the only true use case for it is criminals," says JPMorgan Chase CEO Jamie Dimon. "If I were the government I'd close it down."

883

212

632

69

42

338