In case you hadn’t noticed, US regulators aren’t the biggest fans of crypto 👀

Until Congress passes new laws that actually make sense for this tech, we have no choice but to fight in the courts.

Here, Amanda Tuminelli and I cover all things crypto litigation with DavidHoffman.eth/acc🦇🔊 👇

As a fellow board member of DeFi Education Fund, I am biased, but the work that Miller and Amanda Tuminelli put in day in and day out to defend DeFi is incredible, and playing a tiny role in it is very rewarding.

I am extraordinarily proud to serve on the board of DeFi Education Fund.

CEO Miller + CLO Amanda Tuminelli have built DEF into one of the strongest organizations in crypto: a policy powerhouse and fearsome litigation shop.

If all you remember is its rocky start, it’s time to catch up.

The SEC's regulation by enforcement approach to crypto seems designed not to faithfully apply the law but rather to chill the industry and drive crypto founders out of the United States through fear and intimidation.

Good thing we're not a group that scares easily 🦄

Here are…

Uniswap's Chief Legal Officer is bald.

This case is over before it even started.

Congratulations on the win Uniswap.

DeFi was my 1st true love in crypto. I was fascinated during (& will never forget) my 1st mtg w hayden.eth 🦄 yrs ago in a warehouse in BK w his vision to build permissionless software for users to make fin’l decisions/txs. This is innovation. And it’s worth fighting for. 💪🏼🦄🩷

More than anything, it just makes me sad that our government so deeply despises this beautiful thing that we all know can change the world for the better.

It's not a surprise, but it's endlessly disappointing.

Tonight, we drink a toast to DeFi. Tomorrow, we're back to work 🥂🦄

they picked the wrong fight.

thanks for your leadership hayden.eth 🦄

🦄🦄🦄

I don't know who needs to hear this but the SEC is a financial markets regulator, not the open-source software police.

Every day, I wake up feeling privileged to support the Uniswap Labs 🦄 Protocol at the Uniswap Labs 🦄FND. 

Where much of our existing financial system is subject to biases and the whims of politics, Uniswap offers a revolutionary alternative. It is credibly neutral. It cannot be gatekept.…

1/ Today’s Wells notice against Uniswap Labs 🦄 is disappointing, but is not unexpected from this SEC

It’s another abuse of power – unsurprising from an SEC that:

Last month, a federal judge ruled committed a 'gross abuse of power' by lying in court about a crypto project

Today Uniswap Labs 🦄 Labs received a Wells notice from the SEC.

I’m not surprised. Just annoyed, disappointed, and ready to fight.

I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than…

1990s: the kids are online

2020s: the kids are onchain

Both: the adults are confused and terrified

Yesterday Matt Levine, the Greatest Financial Writer on Earth,[1] wrote 2 paras I want to explore. bloomberg.com/opinion/articl…

[1] His free daily newsletter is best in the business. Go subscribe now. Footnotes in this thread in his honor.

I remember when Congressional hearings about crypto were major news events. Everyone tuned in to hear what Congress had to say and what laws it might pass.

Now, these hearings barely register. Everyone knows it's all talking points, no action.

Did you know there was one today?

Amazing thread about the huge opportunity of working in crypto.

This is true across the board, but especially for lawyers, since our field is dominated by status obsession and risk aversion.

It's still so early. If you're a smart and curious lawyer looking for an edge, get in.

Crucial reading for anyone who thinks staking somehow turns an asset like ETH into a security (it does not).

Great work from Evan Thomas 🔥

The day Amanda Tuminelli and DeFi Education Fund submitted their brief in the Roman Storm Tornado Cash matter, Amanda and Jake Chervinsky joined Law of Code to unpack the case.

Anyone interested in the future of financial privacy will benefit from their perspectives.

podcasts.apple.com/us/podcast/133…

Maybe it’s just that my feed has become less focused on bitcoin over the years, but I feel like hype for the halving is pretty muted this time around.

We’re only a couple weeks away. Is this going to catch people by surprise?

Almost as if the halving is not priced in 😄

This is a really compelling brief from Amanda Tuminelli and Jake Chervinsky at DeFi Education Fund on the government’s super-stretch to prosecute a software developer for someone else’s misuse of the neutral technology he worked on.

Code is not illegal!