LEVVZ

…

[Cristiano Ronaldo @Cristiano]

Unidos! 🇵🇹

[LEVVZ @LE__VZ]

@jakepaul Loser. Get off PR then!

[LEVVZ @LE__VZ]

@BobLoukas Do you not see utility on the coin long term?

[LEVVZ @LE__VZ]

😤

[LEVVZ @LE__VZ]

@brian_armstrong What about Canadians citizens?

[LEVVZ @LE__VZ]

@coinbase What about for Canadian citizens?

[brute de force @brutedeforce]

Only reason your voids don’t get filled is because you rush to fill them yourself. Half assed attempts of leaf masking the borehole with drugs and everything surrogate.

When you dig the crater nature conspires to fill it.

Nothing has gravitational pull like pain. Sit with it.

[Brian Armstrong @brian_armstrong]

Coinbase just became the first and only crypto company to join the S&P 500.

This milestone represents what the true believers, from retail investors to institutional investors to our employees and partners, knew all along.

Crypto is here to stay.

[LEVVZ @LE__VZ]

@BobLoukas Sooooo? Where is the BTC video?

[Garry Tan @garrytan]

It’s true meditation is cool but getting things done is even better

[Brian Armstrong @brian_armstrong]

Stablecoins for Canada, Nigeria, and Brazil all recently launched on @base 👀

Many more coming soon (links to follow)

[Brian Armstrong @brian_armstrong]

Great news!

After years of litigation, millions of your taxpayer dollars spent, and irreparable harm done to the country, we reached an agreement with SEC staff to dismiss their litigation against Coinbase. Once approved by the Commission (which we're told to expect next week) this would be a full dismissal, with $0 in fines paid and zero changes to our business.

This is hugely vindicating, especially because many people questioned my decision to engage in litigation with the SEC on this matter in 2023. People told me the courts would give a lot of leeway to the government. They said public market investors wouldn't like it. They said it would take years and cost us tens of millions of dollars in legal fees (which it did). They said the agency would use mafia tactics like trying to pressure other companies not to work with us while the lawsuit was underway (which they did).

But I knew a few truths that helped make it an easy decision to fight them in court:

1. The SEC was wrong on the law.
They were exceeding the authority given to them by congress by asking us to delist a number of assets that were not securities. We had taken a conservative approach to ensure we weren't listing any securities, and the SEC itself had allowed us to go public in 2021 after reviewing our listing standards in depth. We tried to “come in and register” but it turned out it was a fake offer, as every crypto company discovered. Regulators are supposed to enforce the law, but they can't make up new laws on the spot if they don't like the current ones, or weaponize a lack of clarity in the law.

2. Caving to their demands could have killed the crypto industry in America.
The SEC made it clear to us that the only way to avoid litigation was to delist the many assets they falsely claimed were securities. It was a bullying tactic, pure and simple, driven by Gensler's own political agenda. And if we had caved, it would have dramatically limited the scope of which crypto assets were allowed in the US, and pushed the industry further offshore, into the shadows. Never forget how close a few activists in government came to unlawfully killing an entire industry in America! It could have easily gone the other way. Thank goodness the founding fathers created the judicial branch, as a check and balance on executive power.

3. It was the right thing to do for our customers and the industry.
At the end of the day, it didn't matter what our chance of success was. I had to stand up for our customers’ and our industry’s rights. I also knew it would serve as a deterrent for future bad actors around the world we may have to engage with, for them to know that we won't be bullied or pressured. We are comfortable engaging in litigation across multiple fronts, indefinitely, while continuing to build. This is business as usual. As Bain in The Dark Knight says, "you merely adopted the dark; I was born in it".

Growing up I had a naive view that regulators exist to hold companies accountable. What I realized in this ordeal is sometimes, companies must hold regulators accountable who are painting outside the bounds of the law, to preserve freedom. Accountability can actually happen both ways. At Coinbase, our mission is to increase economic freedom, and I initially thought we could achieve this solely through our crypto products. But I'm increasingly realizing that we can move the needle on economic freedom in the courts and through our policy efforts as well, when we see bad actors in government around the world. We plan to do more of this.

I have to give credit here to the Trump administration, for winning the election, and for the departure of the activist head of the SEC, Gary Gensler, who orchestrated this unlawful action along with Elizabeth Warren, and a handful of their lackeys in congress. I feel confident we would have won this case in the courts either way, given our facts were so strong, but it certainly helped accelerate the process and drive accountability. I called out the sketchy behavior of the SEC back in 2021, and I believe this comment turned out to be prescient.

I want to give a shout out to all the other crypto companies who fought back with their own lawsuits (we certainly were not the only ones).

I want to give a shout out to all the crypto startups who couldn't afford the legal fees, and went bankrupt due to the administration's abusive tactics. Your company may have died, but crypto lives on. Don't stop building.

I want to give a shout out to both Democrat and Republican members of congress, who are working hard to ensure America leads on crypto. I know that Gary Gensler and Elizabeth Warren do not represent the entire Democratic party.

And I want to give a shout out to all the crypto holders in the US who elected pro-crypto candidates, on both sides of the aisle, to make sure your rights were preserved. It turns out the crypto voter is real, and showed up in the millions.

Finally, I expect we'll continue working productively with the SEC on any number of items over the years, just as we do with every agency around the world where we operate. I look forward to the SEC being reformed under Paul Atkins, Mark Uyeda, Hester Peirce, and DOGE, and new more sensible personnel coming into leadership roles. I commend the new leadership that is already in place for working to right this wrong - it's a great step in the right direction, and took courage. Now let's get some crypto legislation passed in the US to finally clarify the rules, and really kick off this next phase of building.

[LEVVZ @LE__VZ]

@BrendanCullen20 @RichardHeartWin Timeline? 💭

[Richard Heart @RichardHeartWin]

#Telegram founder Pavel Durov gave mankind the freedom of speech that is their human right. Freedom of speech is guaranteed in constitutions and declarations all over the world. Today he is in jail. Here's a translation of a purported press release of his charges.

JUDICIAL COURT OF PARIS

OFFICE OF THE PUBLIC PROSECUTOR

Paris, August 26, 2024

Press Release

Pavel DUROV, founder and CEO of the instant messaging and platform TELEGRAM, was arrested and placed in police custody on Saturday, August 24, 2024 at 8 p.m. in Bourget.

This measure comes within the framework of a judicial investigation opened on July 8, 2024, following preliminary investigation information diligently gathered by Section J3 (fight against cybercrime - JUNALCO) of the Paris Public Prosecutor's Office.

This judicial investigation was opened against persons unknown for the following offenses:

Complicity - Administration of an online platform to allow for transactions related to organized crime.

Refusal to communicate, upon request of the authorized authorities, information or documents necessary for the realization and exploitation of authorized interceptions.

Complicity - Possession of images of a minor of a child pornographic nature.

Complicity - Dissemination or making available child pornography in an organized gang.

Complicity - Acquisition, transport, detention, offering or cession of narcotics.

Complicity - offering, selling or making available, without legitimate reason, equipment, tools, programs or data designed for or adapted to get access to and to damage the operation of an automated data processing system.

Complicity - Concealment in an organized gang.

Criminal conspiracy - A crime punishable by 5 years or more in prison.

Money laundering of crimes or offenses committed by an organized gang.

Providing encryption services intended to ensure confidentiality without prior declaration of conformity.

Providing a means of cryptography ensuring exclusively confidentiality functions or authentication control without prior declaration.

Importing a means of cryptography ensuring exclusively confidentiality functions or authentication control without prior declaration.

The investigating magistrates in charge of this judicial investigation have co-opted the National Center for the Fight Against Cybercrime (C3N) and the National Office for the Fight Against Fraud (ONAF) to carry out the investigations.

It is in this procedural context that Pavel DUROV was questioned by investigators.

This measure has been extended to August 25, 2024. Judicial instruction can last up to 96 hours (until August 28, 2024) taking into account the procedure applicable to offenses falling under the organized crime regime, referred to above.

Laure BECCUAU,

Public Prosecutor

Contact press: 06 07 18 42 28
[email protected]

[Oso Polaire @osox100]

complete absolute banger - finding yourself is an elimination process, study this then that try this then that - it is a beauty to come back home, to who you were at 8 years old.

“you’ve changed” losers will say. Change is good, keep changing keep morphing keep falling n failing until a there’s nothing left, and when there’s nothing left.
There’s you.

[Bob Loukas 🗽 @BobLoukas]

You’re investing actions today will have significant impact on you decades later.

There is a tendency to ignore or discount this impact, choosing to seek the perceived quick path to success.

However, the reality is few survive on that path.

Weekend rambling 🧵

[brute de force @brutedeforce]

You're more likely to get the things you think you can't have than things you know you can have.

The guy living by the beach doesn't swim often. Live in a touristy city and you will never check out the hot spots.

You know you can have it so you don't even bother to reach. Ultimately have to become a tourist of life. Go after the things you think you cant have.

[LEVVZ @LE__VZ]

Opportunities are always there…

[Historic Vids @historyinmemes]

Burger King used traffic jams to become Mexico's #1 app.

[LEVVZ @LE__VZ]

@BobLoukas Hey big boss Bob! Can you deconstruct this? First time hearing these actually

[Oso Polaire @osox100]

You must be internally before you are externally
else it’s just a facade
to externally tell the world who you are it’s nothing more than gimmicks

Money shows
Health shows
Charisma shows

Become
and by proxy the world shall now but that was never you prerogative anyway