Actually kind of insane how well the market absorbed this

when one of the largest asset managers in the world selects only two digital assets for etfs after years of due diligence their ceo believes that tokenization is the future of finance their ex-digital assets head joins a public company that has one sole purpose every major multinational company is issuing their own stablecoin on this chain are you prepared for what happens next

Roman Storm should be freed. It is not a crime to write code. It is equally absurd for SDNY to suggest charges against VCs that backed Roman.

1 person made money on PUMP and millions lost? Sounds exactly like the product, fitting.

Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020. We made this investment because we believe in the importance of open-source privacy-preserving technology. Prior to our investment, we obtained an outside legal opinion that confirmed that Tornado Cash as built complied with the law, under the guidance given by FinCEN in 2019. The government has now stated in open court that they are contemplating charges against Dragonfly for having invested into the Tornado Cash team in 2020. On counsel’s advice, we have refrained from public comment. But we can no longer remain silent. We believe deeply in Americans’ right to privacy, and the lack of it remains one of crypto’s largest unsolved problems. We therefore stand by our investment. We did not operate or exercise any control over Tornado Cash, we had no contact with any malicious users, we always encouraged our portfolio companies to follow the law, and we maintain that Tornado Cash itself has a lawful right to exist—a view reinforced by Van Loon v. Department of the Treasury and OFAC’s subsequent rescission of sanctions. Charging a venture firm for a portfolio company’s alleged misconduct would be unprecedented, especially under these circumstances. In 2023 we received a DOJ subpoena and have fully cooperated with the government’s investigation of Tornado Cash, confident that we have always complied with the law. The DOJ has made clear that we are not ourselves a target of their investigation. As with every investment, we provided PepperSec the same advice and support we offer all portfolio companies. We believe the government’s statement in court today was primarily to undermine a defense of Tornado Cash—to make it more difficult for the defense to call Tom to testify on the stand. After all of this time—years later—bringing charges against Dragonfly would be outrageous, contrary to the facts and the law, and would induce a chilling effect onto all investment into crypto and privacy-preserving technologies in America. We don’t believe the DOJ would actually bring such absurd and groundless charges. But if they do, we intend to vigorously defend ourselves.

[ ZOOMER ] BLACKROCK'S HEAD OF CRYPTO LEAVES BLACKROCK TO JOIN JOE LUBIN'S ETHEREUM TREASURY COMPANY SBET

🚨 EUROPEAN FRAMEWORK TRADE DEAL WITH UNITED STATES COULD HAPPEN THIS WEEKEND - EU OFFICIALS AND DIPLOMATS

Just looked at docs for another oversubscribed $200M+ ETH treasury company. Christ. We are going to have ATM bids for ETH just sitting on the shelf for $10B+ by the end of the quarter.

8 hoodie Punks traded overnight for $4.5mn Hoodie floor is now $783k

NEW: Joseph Chalom, former Head of Digital Assets Strategy @BlackRock, joins SharpLink as Co-CEO After two decades at BlackRock, where he helped launch IBIT ($87B+ AUM), ETHA ($10B+ AUM), and BUIDL (the first tokenized Treasury fund on Ethereum), @joechalom is now joining SharpLink to help bring Ethereum to the center of global finance Chalom’s appointment marks a major milestone in our mission to build the most trusted Ethereum treasury and bring Ethereum to the center of global finance The asset is $ETH, the ticker is $SBET