AG

drhodl

America has really dropped it's pants and displayed how shitful it's justice system is, in these past few years. If you are white and rich, there are different laws pertaining to you. That has clearly been demonstrated over and over. So, if AG Merrick Fucking Garland ever stands up to publicly talk about applying law "without fear or favor" again, I think I'll puke. At this point, anyone claiming US law/justice is blind, is a fucking public liar.

BlubberWall

A state AG should not be influencing something under federal jurisdiction like this. Crypto is clearly under interstate commerce, it’s way out of his control. States can’t make rules about which stocks their citizens invest in, just because the federal government has been dragging its feet doesn’t give NY the power to do this

wileyfox91

New York AG wants to earn more taxes om crypto

johnruben

**Crypto Forefront 19 May -** \- Coinbase rolls out zero fee trading program, expands outside US \- New York AG settles with coin cafe for $4.3 million \- Shiba Inu announces special SHIB-themed crypto wallets \- Mexico's top internet provider integrates bitcoin payments \- Australia's oldest bank bans payments to Binance and other crypto exchanges \- IBEX and Grupo Salinas, the third-largest Mexican conglomerate, join forces in a partnership to enable Lightning payments, marking a significant development in the acceptance of digital transactions. \- Ripple revolutionizes CBDC development with new platform for CBDCs and stablecoins. \- Hong Kong Embraces Digital Transformation: HKMA launches e-HKD Pilot Programme, revolutionizing payments and settlements.

chance_waters

Look, as you and the AG have said, Tether were at times in the past completely insolvent, if this case had never gone forward I believe they would have continued to operate in insolvency. It's my personal opinion that given the people running Tether, they likely intended to rug, however were so successful that they were able to turn legitimate over time. I'm sure you've watched the Coffeezilla special which has a lot of pretty damning arguments, but I do believe Tether now have the funds they purported to in the past. I think the current risk free rate of return is milking billions for them. My worry though is that they are an unscrupulous team, and that in the future if interest rates dry up they will increase their risk profile to keep profits coming. The sheer amount of "commercial paper" they have held in the past as a proportion of their funding (which, let's be real, could easily be their own exchange and companies like Celsius and 3Arrows) is very scary. There is no reason for them to hold any of this shit, the money should be in high interest savings accounts, it's not their cash and they are not regulated or backed by a government that will throw a trillion dollars at them if they fuck up.

Upset-Principle9457

Swissquote dukascopy Bank Frick & Co. AG FIDOR Bank AG Xapo Bank Limited SEBA Bank AG Maerki Baumann & Co. AG InCore Bank AG Sygnum Bank AG

Jadenindubai

New york has an actual capable AG thankfully

Jadenindubai

I mean regulation is needed but depends what do they call “regulation”. If the regulation js in the form like the ones presented by the NY AG to stop another FTX and Terraforming Labs form happening then I frankly agree.

marsangelo

>“The bill would require crypto companies to refund customers who are victims of fraud the way banks do. It would also give the attorney general’s office power to enforce tighter regulations for the industry and “force” independent and public auditing of crypto companies. >The legislation would also address conflicts of interest and and bolster investor protection. It would “prevent people who create crypto assets from also owning crypto platforms” and stop crypto firms from borrowing or lending investor assets.” I dont see much of a problem with this, other than broad and unilateral authority granted to the AG. Misrepresentations of FDIC insurance have gone completely unchecked, audits/attestations are weak and proprietary, and exchange tokens **are fucking securities** that have only costed people money.

DinoCoiner

NY AG seeks more control over crypto firms. Balance between regulation and innovation needed.

coinfeeds-bot

tldr; New York AG Letitia James has proposed legislation that would give the state's Attorney General's office more authority to regulate the crypto industry. The bill would also codify the term "stablecoin" to only apply to tokens that remained backed with one-to-one U.S. dollar reserves or "high-quality liquid assets." Exchanges would be required to reimburse users who were victims of fraud. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

No-Setting9690

The authority of the CFPB has been questioned from the moment it existed. Beyond banks and crypto, it is the one place a consumer can go that has some grit to it. People think a BBB complaint means something, it does not. Although a state AG complaint has some serious power as well.

Extremely-Bad-Idea

Do you follow the news? The SEC has taken action against several exchanges in recent weeks. The SEC hit Kraken very hard. KuCoin is under attack by the NY AG. Coinbase is looking to relocate its HQ out of America to Bermuda to escape SEC harassment. The list goes on . . .

OptimusPrimEvil

>The first offering is the EURt7 tokenized bond which is issued by LCX AG offering a fixed coupon of 7% per annum. The EURt7 token has a minimum investment requirement of EUR 1,000, thus limiting the maximum number of investors to 10,000. I don't know why, but the way this is written *feels* scammy.

Status_Floor1746

The AG committee is in charge of the Commodities Future Trading Commission or CFTC. They regulate the futures of AG products which is a 24/7 market so it has been argued they should be in charge of crypto regulation.

coinfeeds-bot

tldr; South Korean prosecutors have charged 10 people for allegedly transferring $100 million in Bitcoin to Swiss bank Sygnum Bank AG. The money was transferred to the Swiss bank after the collapse of Terraform Labs. Prosecutors have received requests from both South Korean and U.S. agencies to freeze the bank's accounts. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Dry_Expression

Just a note: The German Volks- und Raiffeisenbanken are not the same as the Raiffeisenbank International AG. They just share the name Raiffeisen with many other unrelated companies, because they were founded with the same core principles of a co-operative bank based on the ideas of Friedrich Wilhelm Raiffeisen.

ConstructionSalty237

Few questions on this comment: 1. Bitcoin transactions have been executed via radio, how do you account for this when stating Bitcoin would fail if all advanced technology fails? 1.B. If all advanced technology failed, wouldn’t all records of wealth be destroyed anyway? You could still have physical AU and AG, but you’d be back to physically transporting your store of wealth. Meanwhile, as long as one node survives, the Bitcoin blockchain could be revived. 2. Why is there little doubt in your mind that the 21M max will be increased? 3. How do you define representation when saying digital currencies have no representation by the people? What do you consider governance tokens? 4. You appear to dramatically over-simplify the precious metals industry. No advanced degree or technology required for mining and anyone can go to a river and find precious metals? When’s the last time anyone has found enough precious metals in a river to even make up $10? Then mining - an incredible amount of machinery, funding, and fossil fuels are required to extract, transport, and process metals. All data shows that mining Bitcoin is both more feasible for the general public, than mining metals, and produces less CO2. 5. You appear to have a dislike for subjective opinions, yet how do you justify your argument on the value of metals being imprinted on our souls? Sure, people like jewelry, but there’s also a wave of youths that don’t buy into the precious metals and stones industries because they are against the mining processes and feel experience is more valuable than material objects.

J05H_UA123

Tell me who created BC and I'll by 20 of the today. Whatever you say don't say the CIA. I am not cashing in my AU/AG stacks for some code on a thumb drive.

J05H_UA123

Tell me who created BC and I'll by 20 of the today. Whatever you say don't say the CIA. I am not cashing in my AU/AG stacks for some code on a thumb drive.

J05H_UA123

Do you remember when bitcoin was first a thing. It was 1. untraceable 2. untaxable 3. inherently valuable /w proof of work ( BS, I can prove work by digging a hole and filling it up again. It sound nice to fool ppl.)3. Cheap and secure to use. and so on. None of that is true and yet ppl still act like it is a savior. Why do you think BC was allowed to rise the way it did. They wanted adoption not because of soundness, but because of greed. The Globalist played the long game by taking advantage of basic human greed. I don't by AU and AG to get rich, but if I get rich then great. I do it because it has real value and it does not promote CBDC (anyone could have seen this coming). It actually is outside the system and can't be track or traced. It actually does have inherent value. Anyone who buys AG/AU does it as a matter of principle, so you are wrong about that as well. Yes, I have a bias, because it's a trap.

coinfeeds-bot

tldr; VeChain has been selected by Gustav Gerig AG, a major brand specialist in the European Economic Area, to enhance its monitoring service significantly. Consumers will be able to track the provenance of their Tuna fish and ascertain whether it was procured in an environmentally sustainable manner. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Nicks_WRX

New York AG be like “Do your thing Tether, we see you and respect you.”

lj26ft

The SEC hasn't claimed ETH is a security. They deferred to AG NY state court so it looks like something is being done about Ethereum while they cover up their involvement with it. Gensler and Lubin go back way before Ethereum ever started. Gensler Novogratz and Lubin all worked at GoldmanSachs at the same time. The SEC and CFTC have both been consistently pushing Ethereum and it hasn't changed from Clayton to Gensler.

lj26ft

It goes against the fiction of decentralization that people have been fed. They don't want to hear how shareholders of Consensys have been in a lawsuit with Lubin for 4 years now where he sold the company to a US shell Consensys AG that's owned by JPMorgan and it has literally dozens of shell companies underneath it. They believe Ethereum is different from XRP because Ripple is centralized lol. No mention of the umbrella of A16Z Andresson Horowitz. From its public face Ethereum looks Decentralized and each layer 2 spontaneous growth. Like magic it was declared decentralized by Hinman in his famous speech after not even 2 years in development. The reality is the organization is a byzantine corporate structure designed to get around securities laws and to shut down crypto from the inside. Controlled opposition.

coinfeeds-bot

tldr; Deutsche WertpapierService Bank AG (dWPbank) has announced the launch of its new platform, wpNex, that enables over 1,200 affiliated banks to offer Bitcoin trading to its retail customers. Customers can see their cryptocurrency holdings alongside their traditional securities, with no pre-funding necessary. DZ Bank plans to offer a Bitcoin option for its customers by the end of the year. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Equivalent-Total1801

Me neither. >As a transaction bank, the Deutsche WertpapierService Bank AG (dwpbank) handles the securities processing for financial institutions from the savings bank and cooperative sector, but also from the private and commercial banking sector in Germany. dwpbank currently manages around 5.34 million securities accounts. But I guess we wouldn't have.

coinfeeds-bot

tldr; Deutsche WertpapierService Bank AG (dWPbank) has announced the launch of its new platform, wpNex, that enables over 1,200 affiliated banks to offer Bitcoin trading to its retail customers. Customers can see their cryptocurrency holdings alongside their traditional securities, with no pre-funding necessary. DZ Bank plans to offer a Bitcoin option for its customers by the end of the year. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The US Department of Justice is investigating two Swiss financial firms, Credit Suisse Group AG and UBS Group AG, to check whether the financial channels helped Russian users evade implied sanctions. The US has been applying sanctions to stop financial institutions from facilitating Russian residents. The investigations are to determine whether the bank's personnel facilitated sanctioned users. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

lj26ft

FYI JPMorgan owns most of Ethereum it was created by JPM and Goldman Sachs employees. Lubin says this on video. There's a lawsuit from shareholders against Consensys for selling Metamask Infura gnosis etc to a US shell company Consensys AG. The simultaneous hatred for JPMorgan and love for Ethereum is surrealist.

fvtown714x

NY state AG Letitia James has filed a civil fraud suit against Mashinsky though, back in January.

Agitated_Joke_9473

it seems that the NY AG office is where most of the executive show trials are held. it is very political in a very strong Democrat region. the AGs there aspire to be US AG and can advance politically this way.

Parush9

They thought clamping down on banks will actually shake crypto but outcome wasn’t in their favor. So now they are going after CEX which was long time coming . NY AG also did same to another CEX recently. Whitehouse also decided to shit on crypto at the same time . They will force focus towards CBDC as alternative option . These all seem kinda co-ordinated work but what do i know . This is just another phase of real stress test for crypto . Coinbase won’t go down just like that . They have been building defense budget as well . At the most they will pay fines and come to terms with SEC . Until then best we can do take self custody of crypto and chill .

bwoksa

If it’s doesn’t , they why is he sending SEC and AG after popular cryptocurrencies?

iwontsaysiimfine

Description "This Is The End Of The Banking Ponzi Scheme" | Charles Hoskinson The banking contagion continues to unfold, as UBS agreed to buy Credit Suisse, but the Swiss bank isn't in the clear yet. First Republic shares were halted during their morning tumble as First Republic plots a stock sale. And U.S. Bancorp (USB) jetted higher on an upgrade. The FDIC secured a deal to sell most of Signature Bank (SBNY) assets. And central banks team up to enhance U.S. dollar liquidity. Charles Hoskinson didn’t mince words about the whole banking industry as a whole, calling it a Ponzi scheme that has to be stopped. In a short rant, the Cardano founder told a story of when Credit Suisse denied him a banking relationship as the CEO of Ethereum, calling it ‘risky’. The tables have completely turned and Credit Suisse is all but done as it accepted a $3.25 billion government-driven sale to UBS Group AG. Hoskinson believes this is just the beginning of a public turnaround from banks and that the people are waking up to the real nature of their ponzi scheme operation.

JeffWest01

They sure did, RIP Crypto AG customers. https://www.washingtonpost.com/graphics/2020/world/national-security/cia-crypto-encryption-machines-espionage/

FldLima

>UBS Group AG, a crypto friendly bank, is reportedly offering to purchase Credit Suisse, a global investment bank, for up to $1b, per details on Mar. 19

coinfeeds-bot

tldr; Swiss bank UBS Group AG is reportedly offering to purchase Credit Suisse, a global investment bank, for up to $1 billion. The offer was communicated on Sunday morning with a price of SFr0.25 a share to be paid in UBS stock, far below the SFr1.86 closing price on Friday, according to reports. The deal could be signed as soon as March 19. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*

bwoksa

Compare where I live : The only BTC ATM next to my apartment doesn’t function anymore . The crypto laws are strict as hell , and our AG just randomly sued Kucoin. I’m left with P2P or KYC . Guess where I’m from ??

coinfeeds-bot

tldr; Switzerland-based UBS Group AG and Swiss officials are racing to put together a deal for the firm to take over rival Credit Suisse Group AG this weekend as they seek to navigate thorny issues such as a government backstop and the fate of the smaller firm’s investment bank. Four states Maharashtra, Kerala, Gujarat and Karnataka account for most of the new infections amid the seasonal flu spread. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*

bwoksa

NY charges against kucoin is as stupid as SCE against ripple , both are going nowhere . Also , kucoin doesn’t even operate in NY , what is AG talking about ? It’s ridiculous!

bemyking

Credit Suisse Group AG plans to borrow up to 50 billion Swiss Francs from the Swiss National Bank to strengthen its liquidity position.

chintokkong

Fidelity making ETH available in New York too, despite the issue with New York AG stating that ETH is security?

hrehman1972

None of this was new hence not scary…so didn’t sell, except NY AG calling Eth a security made me think about converting everything to BTC

Bongressman

Banks are collapsing, the 2nd largest stable coin is depegged, NY AG has labeled ETH a security, the SEC is gearing up to regulate the entire space, inflation is setting up to reignite and war in Europe is getting more chaotic by the day... and you think Ravencoin in on anyone's radar? My dude. My dude... no. Just buy BTC. This shit is going to get messy.

Bongressman

Banks are collapsing, the 2nd largest stable coin is depegged, NY AG has labeled ETH a security, the SEC is gearing up to regulate the entire space, inflation is setting up to reignite and war in Europe is getting more chaotic by the day... and you think Ravencoin in on anyone's radar? My dude. My dude... no. Just buy BTC. This shit is going to get messy.

Da_Notorious_HAM

With all the USDC shit, NY AG suing KuCoin feels like weeks ago.

Mkt_Cap

This is 2008 case ditto. Banks holding hands with institutional investors who are well supported by regulators/policy makers. How on earth did the regulators try to call Ether and stablecoins a security (pretending to be proactive) while they were knowingly enabling banks to use customer deposits which were mostly crypto to lend? In 2008, the instrument used was home mortgage, this time it is crypto. I am sure right when SVG and hedge fund managers found an opportunity to over-leverage their payment rail (and that rail was to settle crypto txs!) for big time profit in the bull market, it was always going to result in loss for public. As a Web3 professional, I find it ridiculous for a fiduciary to rely on a volatile and young industry like crypto. In fact these banks are just middlemen. As I say, executive branch is responsible for this mess. And they were responsible for 2008 mess as well but they conveniently blamed fund managers and media conveniently went with that narrative. I hope people now see the truth. It is a case where who will prosecute the AG!!?

Mkt_Cap

This is 2008 case ditto. Banks holding hands with institutional investors who are well supported by regulators/policy makers. How on earth did the regulators try to call Ether and stablecoins a security (pretending to be proactive) while they were knowingly enabling banks to use customer deposits which were mostly crypto to lend? In 2008, the instrument used was home mortgage, this time it is crypto. I am sure right when SVG and hedge fund managers found an opportunity to over-leverage their payment rail (and that rail was to settle crypto txs!) for big time profit in the bull market, it was always going to result in loss for public. As a Web3 professional, I find it ridiculous for a fiduciary to rely on a volatile and young industry like crypto. In fact these banks are just middlemen. As I say, executive branch is responsible for this mess. And they were responsible for 2008 mess as well but they conveniently blamed fund managers and media conveniently went with that narrative. I hope people now see the truth. It is a case where who will prosecute the AG!!?

Mkt_Cap

This is 2008 case ditto. Banks holding hands with institutional investors who are well supported by regulators/policy makers. How on earth did the regulators try to call Ether and stablecoins a security (pretending to be proactive) while they were knowingly enabling banks to use customer deposits which were mostly crypto to lend? In 2008, the instrument used was home mortgage, this time it is crypto. I am sure right when SVG and hedge fund managers found an opportunity to over-leverage their payment rail (and that rail was to settle crypto txs!) for big time profit in the bull market, it was always going to result in loss for public. As a Web3 professional, I find it ridiculous for a fiduciary to rely on a volatile and young industry like crypto. In fact these banks are just middlemen. As I say, executive branch is responsible for this mess. And they were responsible for 2008 mess as well but they conveniently blamed fund managers and media conveniently went with that narrative. I hope people now see the truth. It is a case where who will prosecute the AG!!?

Savi321

Poor AG must have bought ETH at $4000, and now it is taking ages to get back up. She's upset! ;)

ryana8

1) Eth was just ruled a security by the AG 2) High growth-anything is shitting the bed right now. Anything that's seemingly speculative or deemed a high-risk buy will be prodded at by those with a large amount of dry powder 3) We're in the middle of a war with Ukraine-Russia, and China is getting antsy. They're in the midst of a collapsing economy and population - meaning the will likely wage war in the next few years - it's the only chance they have to strike. Two wars happening simultaneously means the market will be in the trashcan. 4) I never try and time the market, but I also never jump the gun. Based on where the global markets are, NFP, inflation are today, I have little confidence we've seen the full repercussions of this recession. In Summary: The state of world and US affairs are shaky. This will continue to lead to high volatility in the market. I'm saving what dry powder I have for a collapse - whether that be the stock market, digital asset market, housing market, etc. I'm chasing highest profit, not profit in this specific market. I want to see how things play out in the next 6mo's -> 1 year. There is a lot of uncertainty, and a lot of money to be made right now.

Outranks

The New York AG literally has zero power to actually classify Eth as a security. She can say whatever she wants, she just makes herself sound dumb with false statements like that. The CFTC literally said 2 days is still a commodity and the old sec chair also said it’s a commodity. The newer sec chai Garry gensler has yet to officially claim Eth as a security because he knows it isn’t

Glass-Onion-3777

The NY AG office is no joke.

lj26ft

Ethereum is not a security Class Action intervention in the NY AG vs Kucoin case https://twitter.com/JohnEDeaton1/status/1634162189027143681?t=dhq-3igCW7k5VjYCtZqhqA&s=19

lj26ft

Ethereum is not a security Class Action intervention in the NY AG vs Kucoin case https://twitter.com/JohnEDeaton1/status/1634162189027143681?t=dhq-3igCW7k5VjYCtZqhqA&s=19

ProgrammaticallyHip

If you think FTX getting flushed out of the system is a good thing then you should feel the same way about Binance. It’s as simple as that. Every day that a massive bad actor operates untouched they can create more systemic risk. BTW, chatter about crypto regulation has picked up enormously since FTX. Elizabeth Warren is going nuts. The SEC, The Fed, NY AG all pushing new regulations now.

musiquefp

And if courts agree that Ether is a security as the New York AG is arguing….

nonamemcstain

I'm 38 I started stacking AG in 2013, if I was smart enough to stack sats back then, well my life would be dramatically different. We still have a chance to own a whole coin and hold it for 20 years. Proof of stake is dumb. It's like holding the title to a car that you stole. You did nothing to get it.

Rusty_Shacklefurd69

I’m def don’t have the legal experience to say with conviction. Honestly could be that SEC wants them to leave it to the states so they can keep a ‘wait and see’ approach, could be the NY AG trying to beat the SEC to the punch and assert their precedent first, could be that the SEC is going to come out with something.

No-Significance-1581

The verbiage AG tried to use is trying to go after coins that have developers. They can fuck off. What's next Bitcoin is centralized because they got an OK from the BTC core maintainer? Governments can suck a fat dick.

bwoksa

Nice read , I did not know that could happen if AG wins the case .

Parush9

In the release, Grady said he launched an investigation into the exchanges’ operations and their potential violations of state and federal securities laws by transacting digital coins, the vast majority of which are regarded by the SEC as unregistered securities and thus operate in violation of federal law. Grady says the exchanges may have misled investors by not providing them with improper disclosures about the risk in trading and owning unregistered crypto. "We believe Coinbase, Robinhood, and other exchanges have violated the law, and investors who lost money purchasing cryptocurrencies on their platforms may be entitled to recover those losses," Grady stated in the press release. No this lawsuit ain’t going anywhere . It’s opinions from individuals who work at SEC not the organization itself . Heck NY AG also just declared Eth is security for lawsuit against Kucoin . There is no clear regulations declared by Government yet .

lj26ft

I find the timing of this very suspicious. Right when we're about to get clarity for XRP the NY AG goes after ETH. And you got Biden wanting to levy a 30% tax on electricity used to mine cryptocurrency.

jasperjohn02

[Here is a link to the suit from the NY AG's site](https://ag.ny.gov/sites/default/files/2023.03.09_-_memorandum_of_law_-_people_v_mek_global_limited_and_phoenixfin_pte_ltd_dba_kucoin.pdf). This case is in NY state court, the Southern District is federal.

corn-potage

Not really. Plus, Ethereum is already a commodity determined by CFTC with serious legal arguments to back it up, which is a federal agency compared to this state AG.

Parush9

Terra Luna & FTX collapse in as due to their own mismanagement with book keeping . Kucoin was sued by NY AG . Binance is getting bombarded by senators who never talk about FTX . Biden is not responsible for shit that blows up in crypto space tho .

lj26ft

Do you think there's coordination between the SEC and the NY AG? Or could this be opening salvo from someone else in the market. Our regulators and politicians are for sale.

lj26ft

Is there coordination between the SEC and the NY AG? If there is then why is it in a state court and not a federal court?

coinfeeds-bot

tldr; KuCoin failed to register as a broker dealer, lawsuit claims. New York AG filed a similar suit against CoinEx two weeks ago. The suit comes two weeks after James filed a nearly identical complaint against crypto platform CoinEx. Another suit against crypto companies Nexo Inc. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*

OisinT

I'm guessing they are referring to NY AG suing KuCoin for selling ETH, which they allege is a security

Parush9

Meanwhile NY AG just went after kucoin with lawsuit claiming Eth is security . Every one of them has their own opinions .

FldLima

>KuCoin failed to register as a broker dealer, lawsuit claims > >New York AG filed a similar suit against CoinEx two weeks ago

lj26ft

Guess what it's proven beyond a shadow of doubt that Ethereum has been JPMorgan's since day 0. Jeffery Wilkce committed 65% of ETH codebase. The same dude that made Quorum and Onyx for JPM. JPM owns Ethereum lock stock and barrel. There's even a lawsuit against Consensys from its own shareholders for illegally transferring critical Ethereum infrastructure to a US Shell company Consensys AG which is owned by JPMorgan.

lj26ft

Yeah I'd like to see an investigation of Consensys and it's 500+ shell companies ConsenSys AG, ConsenSys Inc., ConsenSys GmbH, ConsenSys Software Inc., ConsenSys Software LLC ConsenSys Software Annex Fund LP., Consensys Investor LLC, ConsenSys Digital Securities LLC, ConsenSys Fund I L.P, ConsenSys Diligence Inc., ConsenSys GP I LLC, ConsenSys Ventures LLC ConsenSys Mesh ConsenSys MetaMask ConsenSys Infura ConsenSys CodeFi ConsenSys Quorum ConsenSys Truffle to infinity and beyond....

lj26ft

>mismanagement due to having centralized figures I suppose Ripple could do like Ethereum and hide it's centralization behind 500 shell companies and have an SEC chairman sue the competition. Then use the SEC memorandum of understanding which enabled One River institutional investment into Chinese ETH IPOs and their ICOs then have Coinbase buy One River so they can dump on retail. ConsenSys AG, ConsenSys Inc., ConsenSys GmbH, ConsenSys Software Inc., ConsenSys Software LLC ConsenSys Software Annex Fund LP., Consensys Investor LLC, ConsenSys Digital Securities LLC, ConsenSys Fund I L.P, ConsenSys Diligence Inc., ConsenSys GP I LLC, ConsenSys Ventures LLC ConsenSys Mesh ConsenSys MetaMask ConsenSys Infura ConsenSys CodeFi ConsenSys Quorum ConsenSys Truffle and and and and to infinity......

priapic_green_dildo

If by COLDWALLET you mean a company, then I have never heard of it and would be so super cautious. If you mean a cold wallet as in a hardware signing device then it's a good idea to use one if you are securing more than a few hundred bucks. A good, somewhat beginner friendly one is the bitbox 02 by shift crypto AG. But from what I understand you should take some time to learn a bit about how Bitcoin works before putting some money in it. [The Trust Machine](https://youtu.be/ZKwqNgG-Sv4) is a good start.

KAX1107

>However, the court granted a motion dismissing allegations that Saylor — on his own and acting in concert with MicroStrategy — violated the District of Columbia’s False Claims Act. So the court has already dismissed false claims violation. There's a status conference scheduled next week regarding the ex-AG's claim that Saylor owes taxes in DC, which Saylor denies, claiming to be a resident of Virginia and Florida. “I’m pleased the court dismissed the District of Columbia’s False Claims Act claims against me and MicroStrategy. I continue to respectfully disagree with the district’s position on the remaining claims, and I will continue to defend against those claims. I look forward to an appropriate resolution of this case in due course,” Saylor said in a statement to Bloomberg News.

lj26ft

Not everything is a conspiracy, you are right. But ask yourself why FTX was allowed to get as big as it was without due diligence by the financial industry elite. The only explanation is the same for Madoff they knew it was a scam but they were making money hand over fist and knew when the music would stop. Sam Bankman is just another useful patsy. Sullivan and Cromwell were principal legal counsel for FTX during the fraud. They were party to transactions. They remained principal legal during the bankruptcy even though the US AG disagreed with the conflicts of interest. A foreign entity domiciled in a foreign jurisdiction does bankruptcy in the US. None other than former SEC Chairman Jay Clayton as a partner of Sullivan and Cromwell was involved with the bankruptcy. He bought Billions of customers claims through Apollo Global that he is Chairman of. General Counsel for FTX worked directly for Gensler at the CFTC and Clayton at Sullivan and Cromwell. Sullivan & Cromwell are the same law firm that represent Consensys, Joe Lubin, and JPMorgan.

brianddk

Dear The Rest of The World,      I would like to formally apologize on behalf of the United States of America for the state of New York. For Bit-License, and hundreds of other draconian measures that they seem to introduce year after year. As well as the current AG's efforts.

lj26ft

Well there's a law suit from Consensys shareholders that says otherwise. A swedish judge ordered a full audit after Lubin unilaterally sold all the assets from Consensys CA to Consensys AG left multiple original employees and investors holding a bag of nothing. The new company is a shell owned by JPMorgan.

Dfranco123

Most likely. Specially after that Siemens AG Bond deal with the German government.

coinfeeds-bot

tldr; Deutsche Bank AG’s asset management arm, DWS Group, is reportedly in talks with two German cryptocurrency firms over minority stake acquisitions. The investment is part of DWS's efforts to revive growth and investor confidence. DWS wants to use the investment to restore investors’ confidence after probes by authorities over greenwashing allegations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*