Tax Question: @coinbase received the Songbird tokens and did not distribute them to the rightful owners or respond to them. Do they have constructive receipt for tax purposes and do they owe the IRS ordinary income tax? @IRSnews@IRS_CI@brian_armstrong@CoinbaseSupport
Remember that time Bernie Madoff ran the largest ponzi scheme in history for years right under the SEC's nose while they were warned? He turned himself in and the SEC was called inept. They won't be able to use that excuse this time. The World is Watching!👀👀👀👀👀 RETWEET
It was never Bitcoin. It was never proof of work. The Bitcoin/ETH marketing machine was a plan to make money on it until the "Real" plan kicks in. That plan is XRP / XLM (and a handful of others) @cnbc wouldn't allow this negative Bitcoin talk on air a year ago. Activated.
Commander Vimes didn't like the phrase “The innocent have nothing to fear”, believing the innocent had everything to fear, mostly from the guilty but in the longer term even more from those who say things like “The innocent have nothing to fear”.
-- Terry Pratchett
Well that's interesting. She signed off on the @ripple Fincen settlement in 2015. Get's a job @a16z days after the Ethereum Free Pass and starts a fund which invests in BTC/ETH. Has been there with Bill Hinman who also got a job post ETH free pass. Now leaving.
5/5/15 Katie Haun Asst US Attn. Signs off On @ripple Fincen Settlement
1/24/18 Jay Clayton Speaks at Stanford(Katie Haun asks a question)
1/25/18 Clayton meets with @a16z and instructs them to work on digital asset framework
6/14/18 Framework becomes Hinman Speech(ETH Free Pass)
The mission with the Safe Harbor memo(written by Lowell Ness Andreessen's Attorney) was to get Bitcoin and Ethereum out from under securities laws in 2018. The memo only mentioned ETH....but now they're worried about regulations for the industry as a whole. 3 years later.