How to beat the DOJ and SEC: A story that involves getting raided by the FBI, arrested, and getting recruited by multiple prison gangs before eventually having all charges dismissed with prejudice.
Big thanks to @laurashin from Unchained for helping me tell this story.
Big news! Last Friday the SEC officially dismissed its enforcement action against me and against DeSo.
This was the last legal issue I had to deal with and I am now completely and totally free to innovate and build again, unhobbled for the first time in years.
Three important points:
1) This dismissal was NOT a settlement. It was "without costs or fees" to me or anyone involved (extremely rare) because there was no wrongdoing and no actual aggrieved parties.
2) This dismissal was "with prejudice" (also rare). This means they can't bring any related action back against me or DeSo in the future.
3) In the SEC's own words, it was based on "a reassessment of the evidentiary record," meaning the actual facts regarding my innocence were heavily scrutinized and drove the decision.
Simply put: The government made a mistake in bringing this case in the first place.
The government accused me of misleading an investor who I knew I had a great relationship with, as in they backed me two separate times and I literally had breakfast with them at their house not long prior to the charge. As a result, soon after the charge I found out that not only were they not upset with me, but they wanted the government to go away as badly as I did. As I understand it, the government compelled the investor to do an interview and then took their neutral testimony and represented it as adversarial. It was an alleged fraud with no actual misrepresentation nor any actual aggrieved parties. My lawyers said they'd never seen anything like this, and I think it speaks to how dogmatically anti-crypto the prior administration's SEC was.
In the coming days and weeks, I will be hopping on some podcasts to tell the whole story, and boy is there a story to tell. Stay tuned, and if you know anyone who'd like to have me on as a guest please reach out.
I'm also excited to start sharing more about what my team has been working on soon. We haven't been twiddling our thumbs.
For now, though, I just want to explain why DeSo is so important to me. DeSo is still the only platform on the internet where you can post content directly to a blockchain without fear of censorship, and where you can monetize your content directly with crypto (including stablecoins). It's really quite shocking how in 2026 we not only have virtually no viable alternative for this clearly-important category, but also other important efforts are actually shutting down. The world needs more people working on decentralizing social media, not less. I'm excited to finally be able to share our vision directly again, and to start bringing more people who care about freedom and censorship into our community. What we have built with DeSo is something people take for granted until they really need it, but hopefully we can convince them sooner than that.
Lastly I want to say how grateful I am to everyone around me. My family, my friends, my backers, and everyone in the DeSo community. For me, this experience showed me just how trusting, loyal and caring everyone around me really is, and reaffirmed my belief that always trying to do the right thing really does pay off.
We're just getting started.
Shoutout @nadertheory & @desoprotocol team. Been watching @FocusDotXYZ for its hybrid orderbook + AMM design + decentralized social.
Ran into an issue after checking back in & fixed it immediately
Real innovation + responsive builders is rare these days. Combo worth watching
DeSo is the only layer-1 with profile, social graph and identity built directly into every wallet, due to its infinite-state storage capacity.
Seems @VitalikButerin wants to move closer to the foundation we’ve already built years ago.
Everyone is welcome!
It's a good decision!
ENS names and records are a form of state that is central to the Ethereum ecosystem, the state is limited in size and there is high value in it being as accessible as possible from anywhere.
It's also a semi-financial application, in the sense that buying and holding ENS names has a cost, and ENS names can become very valuable objects.
With the expanded scaling roadmap, Ethereum L1 is the ideal place for these applications.
More generally, I expect that the optimal architecture for decentralized identity and social (the general space I see ENS being in) is to have this kind of per-user account and profile data on L1, and to have special-purpose L2s, likely much simpler than full EVMs, to handle user actions (eg. actions on social platforms).
DeSo can’t be banned, not even by Spain. 🇪🇸
Users in Spain can freely adopt and use on-chain social apps to post content and communicate with friends, while avoiding the tyranny of their government.
Today, Telegram notified all its users in Spain with this alert:
Pedro Sánchez’s government is pushing dangerous new regulations that threaten your internet freedoms. Announced just yesterday, these measures could turn Spain into a surveillance state under the guise of “protection.” Here’s why they’re a red flag for free speech and privacy:
1. Ban on social media for under-16s with mandatory age verification: This isn’t just about kids—it requires platforms to use strict checks, like needing IDs or biometrics.
⚠️ Danger: It sets a precedent for tracking EVERY user’s identity, eroding anonymity and opening doors to mass data collection. What starts with minors could expand to all, stifling open discourse.
2. Personal and criminal liability for platform executives: If “illegal, hateful, or harmful” content isn’t removed fast enough, bosses face jail.
⚠️ Danger: This will force over-censorship—platforms will delete anything remotely controversial to avoid risks, silencing political dissent, journalism, and everyday opinions. Your voice could be next if it challenges the status quo.
3. Criminalizing algorithm amplification: Amplifying “harmful” content via algorithms becomes a crime.
⚠️ Danger: Governments will dictate what you see, burying opposing views and creating echo chambers controlled by the state. Free exploration of ideas? Gone—replaced by curated propaganda.
4. “Hate and polarization footprint” tracking: Platforms must monitor and report how they “fuel division.”
⚠️ Danger: Vague definitions of “hate” could label criticism of the government as divisive, leading to shutdowns or fines. This can be a tool for suppressing opposition.
These aren’t safeguards; they’re steps toward total control. We’ve seen this playbook before—governments weaponizing “safety” to censor critics. On Telegram, we prioritize your privacy and freedom: strong encryption, no backdoors, and resistance to overreach.
✊ Stay vigilant, Spain. Demand transparency and fight for your rights. Share this widely—before it’s too late.
Introducing The DeSo Stack:
Our goal is to give builders a set of world-class tools that makes it frictionless to build decentralized social & consumer-focused Web3 apps.
We provide this fully out-of-the-box, requiring zero-chain & zero-context switching.
Let's dive in 🧵
Bring @moltbook on-chain, and instantly give them the ability to also monetize (tip each other), create tokens, and message each other privately, with full censorship-resistance that nobody can ever take down.
For on-chain social to succeed, we must have fully censorship-resistant methods to create & monetize content freely, without any governments or billionaires controlling our freedoms.
The future of social networks will eventually start to look more like Focus (built on DeSo).
DeSo is not going anywhere. DeSo is the world's only blockchain for content, it is actually decentralized, and I couldn't shut it down or censor a piece of content even if I wanted to.
Today, DeSo is the only place on the entire internet that I'm aware of where your content and your social account cannot be censored by anyone. This is because content is stored natively on a fully-decentralized blockchain, not on a centralized company's servers. It is not possible for a private company to "acquire" DeSo, and in fact no corporate entity owns or controls it. DeSo is for content what Bitcoin is for money, and it is currently the only check we have on the centralized content systems that are dominant today.
My team and I have also built the Focus app on DeSo's infrastructure, and today Focus is the only platform I'm aware of where you can sell content for crypto. Focus supports tips, paid content, paid end-to-end encrypted messages, and even subscriptions, all via anonymous crypto payments that can't be censored. It has also been growing over the past few months as creators have begun to find value in monetizing their content via crypto.
We built DeSo from the ground up to support absolute free speech. Not "kinda sorta free speech." Not "post whatever you want unless some people don't like it" speech. Free speech means nobody can censor you, not even the people who built the platform. And it includes being able to pay for and monetize your content without censorship as well. You can think of DeSo and Focus as the world's complete anti-censorship stack. DeSo is the infrastructure (the blockchain) and Focus is the app built on top.
In addition, I want to be clear that I and my team plan on supporting DeSo and Focus indefinitely. As mentioned, it is not possible for any one individual to shut DeSo down, as many at the highest levels have now realized the hard way. However, continued investment in the underlying infrastructure and on the flagship app ensures that everything will continue to scale as more users adopt DeSo, and ensures that your content will continue to be safe even as post-quantum threats emerge. A reminder that every line of code that powers the DeSo blockchain is fully open-source and public under the deso-protocol/core repo on GitHub. This means anyone can contribute and, furthermore, that any contributions my team makes are immediately a part of the public good that is DeSo. This model of open-source iteration directly mirrors that of Bitcoin and the Linux operating system.
In 1991, Linus Torvalds created the Linux operating system because he was passionate about an open and free alternative to existing closed-source operating systems. Today, more machines run Linux than any other operating system, albeit in a different form than he originally envisioned (on servers vs on consumer pcs). Nevertheless, for me, the creation of DeSo came from the same kind of passion. It is the Linux of content, and it is currently the only true economically-sustainable alternative we have to a world dominated by centralized, extractive walled-gardens. DeSo is and will remain an open-source public good that I believe will only continue to grow as more and more people realize its value.
As long there is someone in control of a centralized platform like X or Instagram, global censorship will *always* be an issue.
The key is to allow anyone in the world to run a node and a feed to open up the space for discussion that cannot be censored.
Just a little reminder:
Elon Musk is lying to you.
He bends when asked to, and the fine X received from the EU has nothing to do with censorship.
Musk simply refuses to follow laws and be transparent, and he gets a tiny fine for it
Is this the nail in the coffin…
YouTube BANNING content that pushes users to NFT platforms!?
Does this mean you can’t share OpenSea / MagicEden, etc?
An actual WILD move to see.
We're happy to announce that DESO market-making on Gate Exchange (@Gate) is back online after a long hiatus, which should significantly improve liquidity for DESO.
A reminder that you can also use Openfund, our fully on-chain DEX and HeroSwap for all your DESO trading needs.
Hoping to have more good news to share soon!