Marvin Ammori
@ammori
Followers
11,457
Following
2,458
Media
60
Statuses
9,190
Chief Legal Officer @Uniswap Labs. OG Net Neutrality Advocate. Tweets personal.
United States
Joined June 2008
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Iran
• 570177 Tweets
Kyle
• 305733 Tweets
アザラシ幼稚園
• 122796 Tweets
FELIX
• 103760 Tweets
Mascherano
• 81081 Tweets
Emily
• 78192 Tweets
pastor
• 74422 Tweets
RAGE
• 63341 Tweets
#SmackDown
• 56256 Tweets
コスサミ
• 52905 Tweets
#Lollapalooza
• 48052 Tweets
Angola
• 42441 Tweets
#SKZpalooza
• 40803 Tweets
残高不足
• 37620 Tweets
STRAY KIDS DOMINATE LOLLA
• 32700 Tweets
FGOフェス
• 30877 Tweets
ロッキン
• 28573 Tweets
Lamar
• 27673 Tweets
Aerosmith
• 24074 Tweets
ムビチケ
• 23255 Tweets
Bianca
• 17740 Tweets
Mahomes
• 17378 Tweets
Bloodline
• 16887 Tweets
オベロン
• 15498 Tweets
はちみつの日
• 12013 Tweets
英霊博装
• 11700 Tweets
1/ Today’s Wells notice against
@Uniswap
is disappointing, but is not unexpected from this SEC
It’s another abuse of power – unsurprising from an SEC that:
Last month, a federal judge ruled committed a "gross abuse of power" by lying in court about a crypto project
151
557
3K
Another huge victory for the crypto world & software devs. SDNY court tossed out a class action against us, deciding that the “self-driving” Uniswap protocol has primarily *lawful* use & protocol devs aren’t liable when others misuse it. The trend in courts is obvious.
49
274
1K
The SEC lost on everything that matters to them & the industry --retail sales, airdrops, employee comp, implicitly all exchange trades. SEC won on one past relic--certain nonexempt institutional sales--that have been uncommon for years. Just crushed from a practical POV
SEC Statement on Ripple has vibes of young campaign hack spinning on bad facts, vs powerful government agency expected to tell the truth. Do better.
147
330
2K
38
180
1K
Today,
@Uniswap
has submitted our response to the SEC Wells notice we received in April.
The Uniswap protocol represents an innovation in commerce that solves long-standing problems– with near-instant, intermediary-free, secure trading of any assets. It is the first widely used
58
197
833
The SEC is trying to change the legal definition of “exchange” as part of their ongoing effort to shut down crypto & decentralized finance. We joined others in submitting arguments against this effort. 1/4
19
115
570
Bittersweet news: I hand off the reins to a new Chief Legal Officer at
@Uniswap
this week. I’ll remain at Uniswap full-time through November during this transition and then move to a part-time role at the company, focused on global public policy for DeFi.
In late 2020, Hayden
65
18
517
Like others in the industry, we at
@Uniswap
Labs stand with
@Coinbase
in their fight against the SEC.
Coinbase received a Wells notice from the SEC. After years of asking for reasonable crypto rules, we're disappointed that the SEC is considering courts over constructive dialogue. But if courts are required, so be it. We'll defend the rule of law. 1/15
701
2K
9K
16
49
489
2/ In Ripple, a judge ruled didn’t act “out of a faithful allegiance to the law”
In Grayscale, three judges ruled broke the law in denying a bitcoin ETF, having no “reasonable and coherent” explanation
In our case with
@Uniswap
, the SEC’s arguments are particularly weak
4
12
440
4/ The Uniswap Protocol, web app, and wallet don't meet the legal definitions of securities exchange or broker
Just weeks ago, the judge in SEC v. Coinbase dismissed the claim that crypto wallets were brokers – *even if* the tokens at issue were securities.
3
16
425
3/ The SEC has authority only over “securities” – not any asset represented by a particular file format or technical standard
Most tokens are clearly not securities – e.g btc, eth, stablecoins, meme coins. Nor generally are secondary market transactions, per the Ripple opinion
9
17
406
6/ If the SEC had authority over our self-custodial, non-intermediated products, it could tell us how to register them. It can't and so it doesn't.
It has provided no clarity and no guidance – as several SEC commissioners have stated in multiple dissents.
2
21
404
5/ A court (in Risley) has ruled the Uniswap Protocol is mainly used for lawful purposes. The SEC's current exchange rule doesn’t cover it. So the SEC proposed a new rule, but we’ve explained why that would fail.
2
9
326
Why were people surprised by Ryan Selkis’s tweets? Have you not paid attention to the Trump campaign. (1) Ryan tweeted something insensitive to immigrants ? The convention delegates held signs for “Mass Deportation Now.” (2) His rhetoric was violent and suggested a civil war ? Do
40
11
290
1/ At its core, DeFi can protect consumers & financial systems way better than CeFi or TradFi w/ transparency & user rights enshrined in smart contracts. Our approach to policy in the US has been to explain the benefits of DeFi & oppose proposals that try to kill or constrain it.
15
38
257
I lead legal at Uniswap Labs. The "cabal" of good lawyers doesn't say this. We have asked each other how a pathological liar like Gabe Shapiro still shows his face after losing all his money & credibility representing the Terra/Luna ponzi scheme as its Guernsey Trust "enforcer"
3
12
209
1) Recently,
@jack
announced
@Twitter
is looking into a “decentralized standard” for social media platforms.
Learn more about the decentralized web and my thoughts on a decentralized Twitter in
@MorningConsult
– quick recap thread below.
14
39
122
@jk_rowling
@La__Cuen
@jk_rowling
I testified before the US Congress on the topic and I think I simplified it as much as possible in the first page: my favorite explainer is actually this one, and I’ve seen them all:
3
13
130
Talk about a good list.
Proud of our NY Senators
Gillibrand
Schumer
Hickenlooper
Peters
Tester
Sinema
Rosen
Kelly
Casey
Booker
Lujan
Wyden
The Senate just voted 60(!)-38 to overturn SAB121, which the House voted to overturn last week.
This is the most significant moment for crypto in Congress to date, and it is a strong bipartisan rebuke of the SEC’s unlawful approach to crypto.
Thank you
@SenLummis
and
14
44
201
9
12
129
Some smart people wrongly say the Ripple decision held that “sometimes* XRP is a security” & say this outcome is “rather strange” & “so weird.” This part of the case is the *least* weird or surprising--courts & the SEC said the same thing many many times before. 1/
13
26
115
Judges are so polite. Can anyone translate this in plain language?
"The agency's decision to oversee this billion dollar industry through litigation – case by case, coin by coin, court after court – is probably not an efficient way to proceed..."
10
15
114
The crypto community should continue being a big tent, welcoming/including Democrats. In my view, that's the best way to allow this technology to flourish and improve lives.
Here's my opening statement from yesterday (thanks
@twobitidiot
&
@Coindesk
for a great debate)
34
16
112
"With a stated goal of broad accessibility, the [Uniswap] Protocol not only removes the so-called middleman from these transactions, but also allows users to interact with the Protocol through a variety of methods in an easy and efficient manner." -- SDNY
4
9
99
I hear (indirectly) that crypto was a major topic of conversation. Not surprising.
But (as a D) I still don't get how
@POTUS
is standing by while a rogue regulator--repeatedly violating the law--is costing him the election.
Trump raised $12M tonight at Sacks’ house. Tech Illuminati on board. ✅
44
69
2K
9
6
101
Katie is one of the best lawyers in the nation—in any industry or venue. Fortunate to have her back full-time in the cryptocurrency space. Amazing hire by
@paradigm
1/ Congratulations to
@katiebiber
on her new role at Paradigm.
Katie has also stepped down from the DEF’s steering committee. We will miss her insight and guidance and thank her for contributing to the organization and its mission over the last year!
1
0
37
4
2
97
1) SDNY acknowledged Ether is a non-security & commodity also in Underwood v. Coinbase (2023). 2) SEC leadership said it in 2018 Hinman speech, 3) SEC said it in feedback to Coinbase's S1 (p.13 CB's Wells Resp.), 4) CFTC said it in its Binance action. 5) + now Risley v. Uniswap
This Judge just called Ethereum a commodity
Something Gary Gensler's SEC has avoided saying for ages
Here's what she said and why it's such a big deal:
63
200
1K
0
9
79
1/ I look forward to debating my esteemed, equally bald, but somewhat misguided crypto ally
@twobitidiot
.
I will explain why I think he misdiagnoses the problem–and therefore reaches the wrong conclusion. Problem: crypto-supporters have never sufficiently engaged across the
Carter-Hoffman may be off, but we have an even bigger battle lined up next week at Consensus:
The Libs drafted their top tribute to debate me re crypto politics on the main stage.
@ammori
is a world-class lawyer and NYC-based Always Blue donor. A losing hand but for one thing:
23
6
78
9
6
86
And essentially a vote of no confidence for the SEC’s current path
JUST PASSED FIT21 BILL
Biggest crypto legislation in US so far
71 PRO-CRYPTO DEMS far beyond what anyone hoped
Huge vote of confidence for crypto in congress
bye by anti-crypto army
56
202
1K
0
1
86
Miles is right. The internet is the internet partly because *lawyers won cases--sometimes, sadly, "law is law." From Reno v ACLU (1997) through YouTube v Viacom (2012), and also laws passed like CDA 230, the DMCA safe harbor, and net neutrality--law helped make the internet. If
This vision for crypto is incredibly constrained and damaging. Disregarding the law and building systems to circumvent it will lead governments to ban crypto, which will significantly reduce its utility and reach.
It's very difficult to decentralize where one lives.
While the
15
16
120
6
9
82
And let’s not forget how hard they fought—hiring Don Verrilli to litigate the case is like sending in Seal Team 6
.
@Grayscale
deserves a huge amount of credit for today, pushing this through the courts
Absolute legends
228
894
8K
3
3
81
With all respect to my friend & ally
@twobitidiot
...
1. Even our top Republican champions in Congress urge bipartisanship to ensure good policy + enshrine it.
2. There'd be more work to do. Trump promised he'd build a wall + get Mexico to pay for it. Nah. That he'd eliminate the
With all respect to my friend and sparring partner
@ammori
, this was a lopsided debate...even before the Biden SAB 121 veto.
Not Marvin's fault; the Dem position today is just very very weak.
Marvin and I share hopes that crypto will be non-partisan in 2025+.
Until then: war.
22
29
214
7
5
71
JK Rowling asked me to explain bitcoin to her. Think of the nodes as horcruxes ... so long as one remains value transfers are censorship resistant ...
2K
2K
9K
9
7
65
In short, the SEC’s definition goes beyond any reasonable meaning; violates separation of powers since Congress never assigned this major question to the SEC; & the SEC admits (shocker) it “could give traditional financial services firms a competitive advantage" over new entrants
1
5
64
I agree that Hayden deserves a Nobel Prize for the Uniswap protocol
I’d like to nominate Hayden Adams
@haydenzadams
for The Nobel Memorial Prize 🥇in Economic Sciences 🥁
16
16
253
2
1
66
I pursued Internet law beginning in 1999. My sensible law school friends wanted jobs at Lehman Brothers, Blockbuster & Borders books. Today they ask me how to get a job at ... Facebook—convinced cryptocurrency is a passing fad.
4
1
61
SEC is keeping up their losing streak in courts for pretextual and arbitrary actions
A federal appeals court struck down the US Securities and Exchange Commission’s rules requiring hedge funds and private equity firms to detail quarterly fees and expenses to investors
5
18
39
5
5
60
That wasn’t the end of it. For a few decades Congress and some agencies almost destroyed the Internet every year or so.
@fightfortheftr
and
@jerrybrito
were there for that as well
It's funny seeing all these pro-crypto comments about "it's as though the US regulated websites out of existence in the 90s!" without referencing the 1995 FCC modem tax proceeding, 1996 CDA, and 1997 Stevens Report that came very close to doing so.
9
58
384
0
6
58
"Democrats are beholden to big banking. The financial crisis was an opportunity to restructure the financial sector and push back against financialization. Instead, we have wound up with even bigger banks and more powerful asset managers. The Democrats’ rejection of crypto/web3
3
8
59
4/ We support a vibrant ecosystem of DEXs/DeFi, which is why we don’t just advocate for ourselves but for (and in coordination with) the industry more broadly.
Was frustrated yesterday at our work being misrepresented - will keep it substantive moving forward
2
2
57
Working with one of the world’s top lawyers, Donald Verrilli, we explained that the SEC’s proposal violates (1) securities laws passed by Congress (2) the Constitution & (3) administrative law. 3/4
1
4
54
The SEC has already succeeded in ensuring the largest centralized exchanges and stablecoins are foreign … and now they’re trying to push leading US-based DeFi developers abroad as well. 2/4
1
1
55
The DC Circuit delivered a *unanimous victory* under a super low standard-that the SEC didn't provide even a “reasonable and coherent explanation” for its action. Crushing and embarrassing defeat for sure, but not surprising at all
1/ Grayscale's victory over the SEC is *massive.*
It's very rare for a federal circuit court to find that an agency has violated the APA by acting arbitrarily and capriciously.
The DC Circuit just delivered a huge embarrassment for the SEC.
But the ETF isn't approved yet 🧵
158
1K
5K
0
3
57
Shout out to the hard-working staffers & members of Congress, beginning w
@PatrickMcHenry
&
@CongressmanGT
&
@GOPMajorityWhip
. This is the right way to make policy–by Congress, after hearings and fact gathering, gathering expertise.
Much like the EU’s MiCA, the bill focuses on
This week, the House plans to vote on FIT21, a bipartisan bill that aims to regulate CeFi to stop another FTX. On DeFi, the bill says
🦄 “a person shall not be subject to this Act… in relation to decentralized finance” 🦄
and proposing a study of DeFi in the meantime, similar
34
190
1K
0
6
54
Unanimous decision by three judges: an Obama appointee, a Trump appointee ... and a Jimmy Carter appointee.
1/ Grayscale's victory over the SEC is *massive.*
It's very rare for a federal circuit court to find that an agency has violated the APA by acting arbitrarily and capriciously.
The DC Circuit just delivered a huge embarrassment for the SEC.
But the ETF isn't approved yet 🧵
158
1K
5K
0
8
54
3/ With the recent Senate bill, we argued:
-Exclude DeFi for further study
-If DeFi was forced in, change the CLOB requirement to protect *all* DEX AMMs
-If frontends were captured despite our efforts, limit regs to principles focused on disclosure, not lying about prices, etc.
1
4
50
So the SEC’s crusade against crypto is showing they lack authority over crypto (what the SEC now calls a “rounding error” in the economy)—but also manages to destroy *every other agency’s power over every other industry.•
Arguing before the Supreme Court in the Loper Bright case, Paul Clement just cited crypto as a “concrete example” of the problems with Chevron:
“There’s an agency head out there that thinks that he already has the authority to address this uniquely 21st century problem with a
9
30
170
1
6
46
I am surprised some businesses oppose the ban on noncompetes. The history of Silicon Valley innovation since Shockley (to Fairchild to Intel) and Atari (to Apple) rests on the existing California ban on noncompetes. Businesses and investors are so much better off with a
2
3
50
And also to the Cravath associate who helped draft it — Daniel Barabander.
Much respect to
@fund_defi
,
@millercwl
and
@amandatums
.
Their amicus brief clearly made an impact on Judge Failla, who has now cited it three times
15
17
171
10
6
46
2/ The best approach right now is basically what Europe is doing with MiCA–regulate custodial CeFi while carving out DeFi to conduct multi-year study.
1
2
48
Everyone knows it's a commodity
The SDNY (Failla, J.) also explicitly found in its August 29 decision in Risely v. Uniswap that
Ethereum is a commodity, not a security.
No analysis of the issue, just the conclusion, but still, pretty definitive statement if you ask me.
👀👀👀
10
47
189
3
0
42
Don't hate, but I agree with a lot in the Chair's personal statement on FIT21.
"Widespread noncompliance has resulted in widespread fraud, bankruptcies, failures, and misconduct."
Agreed. The Chair's failed approach has not protected Americans. Embracing FTX, ignoring
0
1
47
What would a “decentralized Twitter” look like? I attempt to answer. Cc:
@nickgrossman
@fredwilson
@cdixon
@balajis
2
13
43
2/ In that spirit, I’d like to tell my fellow Ds–we should be happy to count R’s like Ryan as an ally. Like when Jon Snow made peace with the Wildlings and fought alongside them. Sure the Wildlings have unconventional views and strange customs, but those like Ryan share a
5
1
44
7
10
37
Defi Education Fund always does amazing work
I heard Judge Failla give a s/o to a "fine" amicus brief during today's Coinbase oral arguments.
ICYMI, here is the that brief and be sure to give
@fund_defi
,
@amandatums
,
@millercwl
, and
@LazPieper
a follow to make sure you don't miss stellar work in the future.
5
12
67
2
5
41
Ripple case said XRP–like an orange– is NEVER a security. Not sometimes. It can be *in* a security *transaction.* If I sell Stu an orange w promise to to buy a business & give dividends, the whole contract is a security. I then sell oranges to Brad w no promises. No security. 2/
1
1
41
Way to go "DeFi people"
@fund_defi
1
2
39
This. 👇. Uniswap protocol is non custodial & transparent on chain so nobody can steal your funds or lie about it.
The broader public and policy makers on the Hill are conflating FTX’s collapse with DeFi. This is worrisome as it reflects a lack of understanding since FTX is precisely the antithesis of DeFi. A better definition of DeFi is “non-balance sheet intermediated finance”.
1/
22
53
167
5
5
36
A serious article in the WSJ about noncustodial exchanges! Should note
@coinbase
is an investor in
@Uniswap
& a very supportive one. Lots of ways for them (or you) to leverage & build on the Uniswap protocol.
Coinbase, which has made billions running cryptocurrency markets, is facing competition from a new breed of upstarts that look less like the New York Stock Exchange and more like Napster
58
185
897
1
4
38
One of these two guys (
@jchervinsky
) actually worked nonstop day & night to fight the recent infrastructure language--on behalf of all crypto users & alongside the top advocates.
The other one did nothing except write threads about irrelevant bills & attack those doing the work
@lex_node
@Heisinator
@cryptow1re
@BlockchainAssn
Again, you ignore the issue.
Successful policy advocacy requires coordination. It is not only good but necessary for the stakeholders you describe to work together on a coherent joint strategy.
The solution to your issue is to have *more stakeholders* involved in that process.
4
0
20
2
2
37
How I started in crypto
1. 2013 on board of nonprofit in free speech, anti surveillance
@fightfortheftr
they run “Bitcoin Black Friday” activism so I study Bitcoin
2. 2015
@jerrybrito
hires me to consult w
@coincenter
for a few months
3. 2017 Fight introduces me to
how i started in crypto:
1. intern at hewlett packard research labs, asked to research “hash chains” 2016
2. read all about blockchain
3. decided it was the future
4. got a job at ConsenSys, learnt solidity, moved to NYC
5.
@Consensys
->
@airswap
->
@OpenZeppelin
->
@Uniswap
🦄
3
1
53
2
1
36
@alexisohanian
A lot of people (with confident opinoins) don’t know even recent US history and how black people have been treated throughout all US history. It’s a bad and consistent/recent history that still has an impact. It’s not taught and not part of our culture.
2
4
33
This is exciting news not just for
@0xPolygon
but also for the rest of us.
1/ Some exciting 📰 I’ve joined Polygon Labs, the original dev of
@0xPolygon
, as its first Chief Policy Officer. I’ll lead our 🌎 efforts in crafting sound laws that will allow the web3 ecosystem to flourish. This presents a unique opportunity to move the industry forward💜
147
76
1K
0
2
35
Welcome to the crypto industry
@NateSilver538
Nate has been an inspiration for me since long before I started Polymarket. Thrilled to have him aboard.
@NateSilver538
104
85
1K
2
0
32
I don't. Do you?
Kevin McCarthy says “everybody across this country has some responsibility” for the Jan 6 attack on the US Capitol via
@aterkel
11K
2K
5K
4
9
30
@nataliexdean
@Katie_Roof
Guys, I was joking (look at my feed) ... But the question was only believable because so many people claim that COVID is some sort of political conspiracy to hurt their beloved leader.
5
0
29
Wednesday on Politics
@ClubhouseBest
we have
@alexisgoldstein
, fresh off her Twitch w
@AOC
. 8pm eastern. W/
@thatchriskelly
@katiebiber
@DavidSegalRI
3
9
31
Honored to be re-elected to the board and excited to work with such an amazing group and organization. Onwards!
2/ We're proud to welcome our 2023-24 board:
@ammori
,
@Uniswap
@MartaBelcher
,
@FilFoundation
@SethHertlein
,
@Ledger
@BillHughesDC
,
@ConsenSys
@murphmarkd
,
@DCGco
@GeorgiaQuinnEsq
,
@Anchorage
@h_joshua_rivera
,
@blockchaincap
@msantoriESQ
,
@krakenfx
Sarah Ward,
@chainalysis
7
4
46
0
0
30
Financial Stability Board summarizes the "commodities ecosystem" which "involves a large number of ... participants." If I bet on commodities ecosystems ... for gold, oil, pork bellies ... does the ecosystem make them all securities?
@iampaulgrewal
To say Pokémon cards do not provide access to an ecosystem is to say you never played Pokémon. This argument to avoid sweeping them in as securities but still tag tokens is, well, absurd. Do I need to retain this author as an expert witness under Fed. R. Evid. 701?
69
141
1K
4
1
28
@Schwarzenegger
Ruth Bader Ginsburg dissented in the case that removed these Voting Rights Act protections—her dissent is what started the meme of “Notorious RBG”
1
7
29
QR codes were invented in 1994. Took 26 years (2020) to really take off.
1
0
27
How come the same people who think the coronavirus was biowarfare manufactured in a Chinese lab ... think it's less deadly than the flu, you don't need masks, and schools should reopen pronto?
1
8
27
2
0
27
The legal test is for an “investment contract” & is a _transaction-by-transaction_. Everyone knew that … SEC in 2018: a “digital asset itself is simply code. But *the way it is sold* … can be… a security.” 3/
1
2
26
Preach!
Crypto is not bipartisan, it’s nonpartisan. We need to ensure it stays that way.
86
217
1K
0
0
25
More proof
@fund_defi
is essential.
The crypto industry needs to step up engagement and be invited early to help shape bills positively--rather than being ambushed & having to try to undo bad laws after-the-fact
Bottom line: trying to offset the infrastructure package's out-of-control spending on the backs of everyday
#crypto
investors and innovators will do nothing but leave our country in the dust.
64
147
499
0
2
26
Crypto is lucky to have
@jerrybrito
&
@coincenter
. But they (and many of us) put out 5-alarm fires bc the crypto industry underinvests in educating legislators upfront. Where are the loud anti
@fund_defi
conspiracy theorists now? Silent & useless. Fortunately more help is coming
1
2
26
Really enjoyed my conversation with former CFTC Chairman
@giancarloMKTS
and with hosts
@mikejcasey
&
@sheila_warren
. For the overlapping market of crypto nerd & policy wonk, this is your catnip.
In a new Money Reimagined podcast,
@giancarloMKTS
and
@ammori
of
@UniswapProtocol
join
@mikejcasey
and
@sheila_warren
to discuss how the crypto industry and regulators can better collaborate on rules that enable constructive innovation.
2
5
24
1
3
24
3 years ago, a *court in Telegram said, “the security … is not simply the [token], … which is little more than alphanumeric cryptographic sequence… This case presents a ‘scheme.’” 4/
1
0
23
Important brief by the
@BlockchainAssn
in the Coinbase case. Great work
1/ On Friday,
@BlockchainAssn
filed a brief in support of
@coinbase
's motion to certify interlocutory appeal. We explain why adopting the SEC's "ecosystem" theory poses a question that merits the 2d Cir to weigh in on now. Not later. 🧵
6
39
163
0
1
24
1/ The Uniswap Universe is expanding 🦄
In pursuit of our mission to unlock universal ownership and exchange, we’re excited to share that we’ve acquired
@geniexyz
— the first NFT marketplace aggregator — expanding our products to include both ERC-20s and NFTs 🧞♂️
225
1K
4K
0
0
22
“The crypto crash spooked investors - but people living in war zones say it’s still a lifeline” by
@TRF_Stories
2
4
21
If you are now inspired to help Congress understand tech, apply here and do good things.
0
11
20
Best book of the year. Helps explain the economy, stock market, and financial politics of the last decade. I want to give it to literally everyone
"In the tradition of Michael Lewis," our critic
@jenszalai
writes, Christopher Leonard "has taken an arcane subject, rife with the risk of incomprehensibility (or boredom), and built a riveting narrative."
2
19
66
4
1
22
The bigtech-to-crypto pipeline keeps getting stronger.
I’m leaving Facebook! For ~7y I’ve focused on helping developers w/ Parse, FB OSS (React/RN, AIML/Pytorch), 2y behind scenes on Novi + Diem OSS.
Next, I’m joining
@CeloOrg
to lead dev rel and advocacy. I love the project’s mission and team. Excited to help more developers! 🚀
52
28
541
1
3
21
It’s almost like
@fund_defi
was a prescient & brilliant idea cc
@HarvardLawBFI
and couldn’t be more important now
@boironattorney
@RebeccaRettig1
@millercwl
Sad thing is, Sam may kill DeFi in the U.S. on his way out.
The wrath of the regulators is coming. I expect they’ll make no distinction between CeFi and DeFi.
Our DeFi educators in DC need our help more than ever.
201
137
1K
1
2
21
SEC’s briefs _in the Ripple case_ argue by transaction (not XRP=security): “The SEC’s claims concern ... three _categories_ of XRP offers and sales"; but “giveaways, donations, and secondary market _transactions_” are "not part of the SEC’s claims." 4/
0
0
20
Anyone not wearing a mask would rather accidentally kill you than be inconvenienced.
0
11
21
This is worth reading and legally right. Much needed corrective to some misunderstandings about the Ripple case.
Continue to hear commentators saying Judge Torres held that XRP is a security when sold to institutions and not a security when sold to retail. This is incorrect. Judge Torres held that XRP itself is not a security, but it can be sold as part of a security. /1
28
190
797
3
0
11