Matt Corva
@MattCorva
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Law and things @ConsenSys. Card carrying member of team #DoLittle.
Joined October 2016
While you're here, please read our complaint to learn more about how we got here and why this is important. You can find it at this link:
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@BillHughesDC @byKatherineRoss @evanpark99 @_ryanrconnor @Blockworks_ @blockworksres @theempirepod He is currently referring the matter to IT for further analysis
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@BillHughesDC @byKatherineRoss @evanpark99 @_ryanrconnor @Blockworks_ @blockworksres @theempirepod Keyboards down it’s Joever. Maximally finished.
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@BillHughesDC “I’ve been reassigned from the roof to the Tulsa field office to conduct single employee broker/dealer exams”
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@milesjennings @mdudas One of the great failures of Gensler was simply not to require basic market maker disclosures. Most of the market totally clueless the “value” in most of these novel coins is just painted tape until the payments stop. Same as it was before but higher on the own supply this time.
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@mdudas How many NFT traders lost money? Now add a handle on top of that for memes? It's far greater than 95% and I've seen various charts that suggest it. And that's probably OK, some memes are for wealth creation the rest could be for speculative fun or other engagement programs.
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RT @Consensys: Consensys believes that for Ethereum to realize its ambition to be the maximally decentralized world computer, we need to sc…
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cc: @elonmusk @pmarca @DavidSacks Yearn was one of the most innovative decentralized finance products (actually outside the US!!) - and this is what Gensler did. He did far worse to US-based innovators and builders, doing tremendous harm through regulatory abuse. Looking forward to getting to a fair playing field.
Why did I quit in 2022
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Feel like consensys keeps catching strays in this discourse for some reason but I for one think the org has never been better, more focused, and more likely to succeed on its mission than it is today. Bootstrapped and still serves the majority of actual users on chain. I get it, the metamask UI is bad. Improvements are imminent. And we will pick up the community and put it on our backs if that’s what’s required.
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@BillHughesDC “Every week must be more of the same surely things won’t be different at this meeting vs. the prior 208 meetings. Nothing at all has changed this week of note.”
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I’m not an extremist by nature and have been silent to date on this, but look: if you hire anyone who worked under Gensler and helped him carry out this nonsense, you’re an absolute idiot. They are all complicit in this ridiculous abuse of our system.
as some of you have seen, the SEC has decided to sue us and @helium literally as they are walking out of the door. the last gasp of a failed crusade against crypto companies in the US naturally, none of the claims hold any water at all. the SEC has wasted two years of our time and millions of our dollars pursuing any claim they could think of. first it was that the coverage map was fake, then that the cellular radios weren't really cellular, then that the IOT hotspots didn't really work, literally chasing anything that might stick eventually they decided that wireless access points must be securities (lol), and that if you share your location data using @helium_mobile and get paid for it that is somehow bad. apparently they would rather let the big telco guys steal your data for free and fine them for it later the icing on the cake is that we somehow defrauded our Series D investors, despite literally all of them telling the SEC that none of that happened. we've addressed this in the past, and have worked with every company on Helium mentioned in the complaint. apparently written testimonials from the companies themselves are insufficient for Gensler and his goons I don't get angry very often, but this is a blood boiling sequence of events. there's so much more I could say, but it's probably better if I don't we'll defend ourselves vigorously and continue the Gensler SEC's track record of miserable losses and outright lies. not just for us, but for all DePIN projects. if Helium hotspots are securities, it puts all DePINs in danger. we won't allow that to happen I'm not remotely concerned. just pissed off fight ✊🛡️
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🤘🤘
Ethereum Foundation Treasury Update The Ethereum Foundation (@ethereumfndn) has set up a new @safe 3-of-5 multisig wallet. The wallet address is 0x9fC3dc011b461664c835F2527fffb1169b3C213e An op has been initiated to send 50,000 ETH there, but be patient; due to signing delays, this will take a few days to process ( The EF will use this new wallet to participate in the DeFi ecosystem. We've made a testing tx on @aave. Stay tuned! Also, @safe has proven safe and has a great user experience, and we will transfer more of our funds here over time! #helloworldcomputer
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@ameensol Alternative: you literally cannot do anything you want if you don’t win. Source: history.
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@iamDCinvestor @dankrad The EF should and will continue to play a great role, but we all (as we are now) help it evolve to meet the day and complement it.
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@iamDCinvestor @dankrad My biggest regret is this mindset invading consensys. Luckily we caught it before it could kill the host. The only thing that matters is winning because it facilitates everything else you want to achieve. The rest is nonsense.
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@econoar @VitalikButerin All the EF needs to do is aggressively promote and incentivize development of ethereum. The rest will take care of itself. Solana got a boost in the US because a VC who made money on Solana wound up as the crypto czar. VC’s haven’t made a lot of money in eth in some time.
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