Alex More

Crypto lawyer | Jiu Jitsu Black Belt at Rio BJJ | Head of Litigation at @ccsblaw | Board Chair @DallasDebate

[Alex More @UTAMore]

Would your opinion change if the facts were different than what you had heard?

[Alex More @UTAMore]

@jameslj Which LAF is this? Also congrats!

[Brian Roemmele @BrianRoemmele]

NEW 🚨

Analysis: Copyright and Artificial Intelligence – Implications of Copyrightability 🧵🪡

—

The U.S. Copyright Office’s Copyright and Artificial Intelligence, Part 2: Copyrightability report provides a structured examination of whether AI-generated works should receive copyright protection and under what conditions human input is sufficient to qualify as authorship. The report underscores that existing copyright law is adequate to address these questions and that AI-generated outputs, absent meaningful human involvement, are not copyrightable .

The Copyright Office reaffirms that U.S. copyright law is fundamentally tied to human authorship. AI-generated content can be copyrightable only when a human contributes sufficiently creative expression beyond mere prompt engineering . The report argues that merely crafting text-based prompts does not meet the threshold for copyrightability. Some stakeholders advocated that extensive, structured prompting should constitute authorship, but the Copyright Office did not accept this view, emphasizing that prompts alone do not meet the originality standard .

Works where AI is used as a tool, such as applying AI-generated special effects in a film, remain copyrightable. Human creativity must be determinable in the expressive elements of the work . The combination of AI-generated and human-created content can be protected under a derivative or compilation work framework. Copyright is granted to the human arrangement, selection, and coordination of AI-generated elements .

Some legal experts suggested new legislation or sui generis rights for AI-generated works. The Copyright Office rejected this notion, arguing that existing copyright frameworks are sufficient and that legislative changes would be premature . Fully AI-generated works remain ineligible for copyright protection, reinforcing human authorship as a legal requirement . Granting copyright to AI-generated works could flood the creative market with automated content, disincentivizing human creativity .

The ruling does not fully resolve the complexities of ownership when AI-generated content is substantially modified by humans, leaving ambiguity in many cases . Determining whether a work contains sufficient human authorship will require case-by-case assessments, potentially overloading copyright offices and legal systems . AI firms cannot rely on copyright protections for AI-generated outputs, but they can still protect AI models and datasets through patents and trade secrets .

Since software is protected under copyright law, AI-generated code raises questions about whether human-authored contributions are sufficient for protection . The report does not address whether AI-generated content derived from copyrighted works infringes existing copyrights, a key issue that remains unresolved . Countries such as the UK recognize AI-generated works under a different legal framework, which could lead to conflicts in cross-border copyright enforcement .

Media companies must ensure that AI-generated content is supplemented with sufficient human authorship to qualify for copyright, potentially altering content creation workflows . As AI technology advances, future court decisions and legislation may redefine what constitutes human authorship, potentially altering the balance of copyright protections .

The U.S. Copyright Office’s stance underscores the enduring importance of human creativity in copyright law. While AI-assisted works remain eligible for protection under certain conditions, purely AI-generated content remains in the public domain. This framework ensures that copyright law continues to serve its fundamental purpose—encouraging human authorship—while addressing the challenges presented by AI-generated content. However, as AI technology progresses, further legal refinements and court decisions will be necessary to resolve ongoing ambiguities.

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LINK:https://t.co/MDKzI8MivP

[Alex More @UTAMore]

I met Mashinsky in person at a conference. He was very smooth and convinced me to hold some assets in Celsius. I recovered most of my losses in the bankruptcy, but I never forgave him for betraying everyone's trust. I am glad to see this result.

[Autism Capital 🧩 @AutismCapital]

🚨BREAKING: Alex Mashinsky, former Celsius CEO, has agreed to 30 years in prison

[Paul Grewal @iampaulgrewal]

Privacy wins. Today the Fifth Circuit held that @USTreasury’s sanctions against Tornado Cash smart contracts are unlawful. This is a historic win for crypto and all who cares about defending liberty. @coinbase is proud to have helped lead this important challenge. 1/6

[Alex More @UTAMore]

If this were a LinkedIn post it would end in "and this is what it taught me about B2B sales."

[Alex More @UTAMore]

I sometimes remember that the five second rule is not a thing, but I choose to follow it anyway.

[Alex More @UTAMore]

@JiujitsuOtter This is so sad and I feel for Andrew and everyone who has had to go through this with him.

[Alex More @UTAMore]

@TheJoeySwoll The Joey Swoll response I was looking for...

[Alex More @UTAMore]

Coach Spotlight for my classes at Rio BJJ: https://t.co/jtTooFOsmm

[Alex More @UTAMore]

This has been a long time coming...

[dfinzer.eth | opensea @dfinzer]

OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities.

We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight.

Cryptocurrencies have long been in the crosshairs of the SEC, and companies like @coinbase, @Uniswap, @RobinhoodApp, @krakenfx, and @Consensys have been fighting against the SEC's single-track approach of "regulation by enforcement."

But this is a move into uncharted territory. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at risk, and many do not have the resources to defend themselves.

NFTs are fundamentally creative goods: art, collectibles, video game items, domain names, event tickets, and more.

We should not regulate digital art in the same way we regulate collateralized debt obligations.

As we've built OpenSea, we've heard so many stories about the impact of NFTs on people’s lives, including:

• Student artists finding full-time careers in selling their digital art
• Indie game developers instantly enabling open markets for their in-game items, without having to build marketplaces from scratch
• Passionate collectors from different corners of the world joining new communities, all centered around shared digital ownership

It would be a terrible outcome if creators stopped making digital art because of regulatory saber-rattling. Take, for example, the suit filed against the SEC by the musician @songadaymann and conceptual artist @brianlfrye, which describes their fear that the sale of their art and music could be deemed unregistered securities offerings.

In addition to standing our own ground, we're pledging $5M to help cover legal fees for NFT creators and devs that receive a Wells notice. Every creator, big or small, should be able to innovate without fear.

I hope the SEC will come to its senses sooner rather than later, and that they'll listen with an open mind.

Until then, we'll stand up and fight for our industry.

Onwards 🌊⛵️

[Alex More @UTAMore]

Good promo for jiu jitsu but this "safewrap system" isn't new. Ask any blue belt...

[Ali Bauman @AliBaumanTV]

The NYPD has brought in black belt fighter Rener Gracie to teach officers a new method of jiu jitsu.

Trainers say it will make arrests safer for suspects and police.

https://t.co/aEk1YAWEMs
@CBSNewYork @RenerGracie @NYPDnews

[Consensys.eth @Consensys]

ETHEREUM SURVIVES THE SEC.

Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0.

This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.

[Alex More @UTAMore]

@ButtnerBjorn @DannyDrinksWine Agree. Came here to say this.

[Alex More @UTAMore]

This is pretty wild. I thought the first GME gamma squeeze was a once-in-a-decade black swan but apparently maybe not.

[Kevin Malone @Malone_Wealth]

BREAKING NEWS: According to the most recent $GME 13F filings, all of the top call-option sellers COMBINED to not have enough shares to satisfy @TheRoaringKitty's 12 million shares currently in the money.

[Alex More @UTAMore]

An interesting result.

[roham @roham]

Great news! We @dapperlabs today announced a legal resolution that reaffirms two of our most important positions:

After discovery, it was understood and agreed that @Flow_blockchain is a decentralized public network and that digital collectibles like @NBATopShot are not securities in the same way trading cards are not securities.

These were the main allegations we wanted to prove, and continuing to litigate would have been a distraction from our core mission. The settlement also involves Dapper Labs reaffirming its commitment to the decentralization of Flow, as well as confirming the full transfer of all $FLOW coins as part of the ecosystem development reserve to the Flow Foundation.

Dapper Labs can, does, and will continue to be a major holder of $FLOW and a major builder in the Flow ecosystem. The future of our products is fully open and composable, letting owners do anything they want with their assets and letting developers build new and innovative experiences without traditional limits. This includes working alongside the existing third-party platforms we all know and love including @fancraze, @aisportspro, @ownthemoment, @flowty_io, and others 🤝

Today’s resolution lets us stay focused on what matters – building great experiences for our fans. On this front, we have the best team we’ve ever had, and we are firing on all cylinders:
- Our newest game, Fast Break, is now available for both NBA and WNBA on all platforms. Play every day and win awesome prizes 🔥
- The NBA Top Shot mobile marketplace is available in-app and almost ready for primetime – I think it's the slickest most mainstream-ready peer-to-peer marketplace in this space 💪
– Disney Pinnacle just ran its first in-app trading event, powered by @evaluatexyz, and it was one of the most exciting grassroots events we’ve seen in Web 3. Stay tuned for what’s next 👀

Leading up to the Flow Crescendo network upgrade this July, I expect Dapper will roll out account linking to everyone by default, letting users easily go from their custodial Dapper wallets, which keep them safe and allow for easy onboarding, into the non-custodial wallet world. In this new world, developers can build anything they want, permissionlessly, whilst users can still benefit from the security and ease of a custodial account 🔐

We believe this pattern will be the future of how consumer crypto apps will be built –– easy onboarding without sacrificing true ownership, openness, or composability. Or access to value-creation and earning opportunities only possible in the non-custodial world.

Beyond our win today, the future of our industry and open digital systems relies on effective communication with policymakers and regulators. Dapper Labs will continue to engage at all levels to help ensure sensible approaches to this new technology –– which ultimately is much better for both consumers and creators because of its openness, transparency, and auditability. We encourage everyone who cares about the future of the internet to support @standwithcrypto

[Alex More @UTAMore]

Occurred to me today that @Disney could crush it with a remake of The Black Hole. Disappointed to learn that said remake has been in development limbo since 2016 reportedly due to its screenplay being "too dark" for the brand. COME ON LET'S GO.

[Alex More @UTAMore]

Thrilled to get a plug from @laurashin in this thread on staked ETH as a security. Happy to discuss further with anyone interested.

[Laura Shin @laurashin]

😯 Ethereum ETFs Likely Protect Ether From the SEC. But What About Staked ETH?

🧵A thread on why the door is still open for the SEC to put staked ether, and staking, in its crosshairs.

[Alex More @UTAMore]

This present moment used to be the unimaginable future.

[Paul Grewal @iampaulgrewal]

We appreciate the Second Circuit confirming today what is clear under the federal securities law: there's no private liability for the secondary trading of digital assets on exchanges like Coinbase. Why? Because contracts matter. 1/2