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Jack BlockchainJack
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🚀DeFi lovers, gather 'round!🎉 Sam Bankman-Fried's defense team is seeking clarity from the U.S. judge on some spicy arguments they can use during the FTX founder's trial.👨‍⚖️ Will they be allowed to argue that FTX wasn't regulated in the U.S.?🤔 Can they discuss FTX creditors' potential massive recoveries?💰 And can they mention Sam's philanthropy?👼 😂The defense is also worried about the DOJ's plan to bring up some "alleged illegal campaign finance scheme."🙄 Judge Kaplan blocked some arguments earlier, but the defense ain't giving up!🥊 🍿Grab your popcorn, folks! The trial starts Tuesday, and we're in for a rollercoaster ride!🎢 Share your thoughts in the comments below!👇 #DeFi #FTX #Web3

🚀DeFi lovers, gather 'round!🎉 Sam Bankman-Fried's defense team is seeking clarity from the U.S. judge on some spicy arguments they can use during the FTX founder's trial.👨‍⚖️ Will they be allowed to argue that FTX wasn't regulated in the U.S.?🤔 Can they discuss FTX creditors' potential massive recoveries?💰 And can they mention Sam's philanthropy?👼

😂The defense is also worried about the DOJ's plan to bring up some "alleged illegal campaign finance scheme."🙄 Judge Kaplan blocked some arguments earlier, but the defense ain't giving up!🥊

🍿Grab your popcorn, folks! The trial starts Tuesday, and we're in for a rollercoaster ride!🎢 Share your thoughts in the comments below!👇 #DeFi #FTX #Web3

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🚀🌪️ The DOJ ain't playing around! They're pushing back against Tornado Cash developer Roman Storm's motion to dismiss a criminal indictment. Apparently, they believe Tornado Cash was a money transmitting business and have evidence to back it up. 🧐💼 🔍 They're charging Storm and his buddy Roman Semenov with conspiring to commit money laundering and operating an unlicensed money transmitter. They even claim North Korea's Lazarus Group laundered funds through Tornado Cash! 😱💰 👨‍💻 Storm's defense? He's just a coder, not a money launderer. He argues Tornado Cash isn't a "financial institution" and he had no control over who used the service. The DOJ isn't buying it, saying the service includes a website, user interface, smart contracts, and a network of "relayers." 🤔💻 👩‍⚖️ The DOJ is ready to bring the heat in court, with screenshots and evidence of how Tornado Cash was built and used. Storm's trial is set for September, while Semenov is still on the run. 🏃‍♂️🚔 🍿 Grab your popcorn, folks! This is gonna be a wild ride. What do you think? Is Tornado Cash a money launderer or just a misunderstood DeFi project? Let's chat in the comments! 😂👇 #DeFi #Web3 #CryptoDrama
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Crypto defender & Republican lawyer, John Deaton, is stepping into the ring with the SEC, backing Coinbase in their legal tussle. 🥊🔗 He's arguing that the SEC's claim of certain token trading violating securities laws is an unconstitutional shortcut. 🚫📜 Deaton, who's also hoping to take on Sen. Elizabeth Warren in the Massachusetts Senate race, filed a friend-of-the-court brief to bolster Coinbase's argument. He's challenging the SEC's use of the Howey test to permanently label tokens as securities. 🏛️🔖 He's no stranger to crypto clashes, having previously weighed in during Ripple Labs' battle with the SEC. Now, he's set to speak at Consensus 2024 next month. 🎤🚀 What do you think of Deaton's stance? Is the SEC overstepping its boundaries? Let's discuss in the comments! #DeFi #Web3 🗨️👇 P.S. If this isn't about DeFi or Web3, reply with "This post is irrelevant".
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