MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 3 hours ago
MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 3 hours ago
Molly White
@molly0xfff@hachyderm.io  ·  activity timestamp yesterday
The dismissal of the Gemini Earn enforcement action adds to a long list of crypto-focused cases and investigations that the SEC has paused, dismissed, or otherwise ended. That list also includes: Aave [I99], Binance [I85], Coinbase [I78], ConsenSys [I78], Crypto.com [I81], Cumberland DRW [I79], Dragonchain,31 Gemini (a separate investigation) [I78], Hex [I82], Immutable [I80], Kraken [I79], Ondo Finance [I98], OpenSea [I78], PayPal [I83], Ripple [I80], Robinhood [I78], Tron [I78], Uniswap [I78], Yuga Labs [I79], and the ZCash Foundation [I99].
The dismissal of the Gemini Earn enforcement action adds to a long list of crypto-focused cases and investigations that the SEC has paused, dismissed, or otherwise ended. That list also includes: Aave [I99], Binance [I85], Coinbase [I78], ConsenSys [I78], Crypto.com [I81], Cumberland DRW [I79], Dragonchain,31 Gemini (a separate investigation) [I78], Hex [I82], Immutable [I80], Kraken [I79], Ondo Finance [I98], OpenSea [I78], PayPal [I83], Ripple [I80], Robinhood [I78], Tron [I78], Uniswap [I78], Yuga Labs [I79], and the ZCash Foundation [I99].
The dismissal of the Gemini Earn enforcement action adds to a long list of crypto-focused cases and investigations that the SEC has paused, dismissed, or otherwise ended. That list also includes: Aave [I99], Binance [I85], Coinbase [I78], ConsenSys [I78], Crypto.com [I81], Cumberland DRW [I79], Dragonchain,31 Gemini (a separate investigation) [I78], Hex [I82], Immutable [I80], Kraken [I79], Ondo Finance [I98], OpenSea [I78], PayPal [I83], Ripple [I80], Robinhood [I78], Tron [I78], Uniswap [I78], Yuga Labs [I79], and the ZCash Foundation [I99].
While “but we gave the money back” isn’t normally a successful defense (just ask Sam Bankman-Fried), contributing around $4.4 million to Trump’s campaign,27 donating an undisclosed amount to Trump’s ballroom project,28 spending $1 million to be among the first members of the Trump family-run Executive Branch club,29 investing in Donald Trump Jr.’s American Bitcoin venture,30 and committing $22 million to political projects backing pro-Trump crypto advocates in the midterms seems to have gone a long way. The SEC case was paused back in April [I81], and, as I wrote then, “it’s widely understood that these [pauses] mark the end of SEC scrutiny for these companies.” Two months later, as the Winklevoss twins stood behind Trump in the Oval Office as he signed the GENIUS Act stablecoin bill, Trump remarked about the crypto industry: “I got you guys out of so much trouble”. Thanking the Winklevosses specifically, he added: “They’ve got plenty of cash, and it’s great that you’re on our side.” [I89]
While “but we gave the money back” isn’t normally a successful defense (just ask Sam Bankman-Fried), contributing around $4.4 million to Trump’s campaign,27 donating an undisclosed amount to Trump’s ballroom project,28 spending $1 million to be among the first members of the Trump family-run Executive Branch club,29 investing in Donald Trump Jr.’s American Bitcoin venture,30 and committing $22 million to political projects backing pro-Trump crypto advocates in the midterms seems to have gone a long way. The SEC case was paused back in April [I81], and, as I wrote then, “it’s widely understood that these [pauses] mark the end of SEC scrutiny for these companies.” Two months later, as the Winklevoss twins stood behind Trump in the Oval Office as he signed the GENIUS Act stablecoin bill, Trump remarked about the crypto industry: “I got you guys out of so much trouble”. Thanking the Winklevosses specifically, he added: “They’ve got plenty of cash, and it’s great that you’re on our side.” [I89]
While “but we gave the money back” isn’t normally a successful defense (just ask Sam Bankman-Fried), contributing around $4.4 million to Trump’s campaign,27 donating an undisclosed amount to Trump’s ballroom project,28 spending $1 million to be among the first members of the Trump family-run Executive Branch club,29 investing in Donald Trump Jr.’s American Bitcoin venture,30 and committing $22 million to political projects backing pro-Trump crypto advocates in the midterms seems to have gone a long way. The SEC case was paused back in April [I81], and, as I wrote then, “it’s widely understood that these [pauses] mark the end of SEC scrutiny for these companies.” Two months later, as the Winklevoss twins stood behind Trump in the Oval Office as he signed the GENIUS Act stablecoin bill, Trump remarked about the crypto industry: “I got you guys out of so much trouble”. Thanking the Winklevosses specifically, he added: “They’ve got plenty of cash, and it’s great that you’re on our side.” [I89]
SEC The SEC has dismissed with prejudice its case against the Winklevoss twins’ Gemini cryptocurrency exchange. Filed in January 2023, the agency alleged that the company had violated securities laws with its Earn program, in which Gemini partnered with the Genesis crypto lender to offer Gemini customers up to 7.4% APY on assets they loaned through Genesis. When Genesis suffered major losses on loans to Three Arrows Capital [W3IGG] and Babel Finance [W3IGG], the company went under, and around $900 million in Gemini customers’ assets were suddenly locked up in bankruptcy proceedings [I17, 18, 42]. Now, the SEC has evidently decided no harm, no foul, stating: “The 100 percent in-kind return of Gemini Earn investors’ crypto assets through the Genesis Bankruptcy and the settlements noted above, and in the exercise of its discretion, the Commission believes the dismissal of the claims against Defendant is appropriate.”26
SEC The SEC has dismissed with prejudice its case against the Winklevoss twins’ Gemini cryptocurrency exchange. Filed in January 2023, the agency alleged that the company had violated securities laws with its Earn program, in which Gemini partnered with the Genesis crypto lender to offer Gemini customers up to 7.4% APY on assets they loaned through Genesis. When Genesis suffered major losses on loans to Three Arrows Capital [W3IGG] and Babel Finance [W3IGG], the company went under, and around $900 million in Gemini customers’ assets were suddenly locked up in bankruptcy proceedings [I17, 18, 42]. Now, the SEC has evidently decided no harm, no foul, stating: “The 100 percent in-kind return of Gemini Earn investors’ crypto assets through the Genesis Bankruptcy and the settlements noted above, and in the exercise of its discretion, the Commission believes the dismissal of the claims against Defendant is appropriate.”26
SEC The SEC has dismissed with prejudice its case against the Winklevoss twins’ Gemini cryptocurrency exchange. Filed in January 2023, the agency alleged that the company had violated securities laws with its Earn program, in which Gemini partnered with the Genesis crypto lender to offer Gemini customers up to 7.4% APY on assets they loaned through Genesis. When Genesis suffered major losses on loans to Three Arrows Capital [W3IGG] and Babel Finance [W3IGG], the company went under, and around $900 million in Gemini customers’ assets were suddenly locked up in bankruptcy proceedings [I17, 18, 42]. Now, the SEC has evidently decided no harm, no foul, stating: “The 100 percent in-kind return of Gemini Earn investors’ crypto assets through the Genesis Bankruptcy and the settlements noted above, and in the exercise of its discretion, the Commission believes the dismissal of the claims against Defendant is appropriate.”26
Flipboard Tech Desk
@TechDesk@flipboard.social  ·  activity timestamp 10 hours ago
Molly White
@molly0xfff@hachyderm.io  ·  activity timestamp yesterday
Molly White
@molly0xfff@hachyderm.io  ·  activity timestamp yesterday
The crypto industry’s “educational nonprofit”, the American Innovation Project [I91, 98], has launched a program to fund Congressional staff positions on the House Financial Services and Agriculture Committees — committees responsible for crypto oversight — after they go through weeks of “training” on “emerging technologies like crypto, AI, biotech, and defense tech”. The program will target young, [begin strikethrough] impressionable [end strikethrough] eager to learn college graduates.
The crypto industry’s “educational nonprofit”, the American Innovation Project [I91, 98], has launched a program to fund Congressional staff positions on the House Financial Services and Agriculture Committees — committees responsible for crypto oversight — after they go through weeks of “training” on “emerging technologies like crypto, AI, biotech, and defense tech”. The program will target young, [begin strikethrough] impressionable [end strikethrough] eager to learn college graduates.
The crypto industry’s “educational nonprofit”, the American Innovation Project [I91, 98], has launched a program to fund Congressional staff positions on the House Financial Services and Agriculture Committees — committees responsible for crypto oversight — after they go through weeks of “training” on “emerging technologies like crypto, AI, biotech, and defense tech”. The program will target young, [begin strikethrough] impressionable [end strikethrough] eager to learn college graduates.
MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 13 hours ago
“NUREMBERG IS COMING.” This represents not the radical, but the median view of the regular folks in Minneapolis towards our current federal government. This is the average view of the normal middle-aged guy in the office. This helps to explain a lot of things. January 23, for example. When the temperature creeps down towards -20, as it did yesterday, being outside becomes difficult. Glasses fog over into an opaque film. Ice crystals form on men’s beards and the downy, transparent hairs on women’s faces. Warm breath condenses on the scarf covering your mouth and then freezes into an ice sheet that loses its utility. Toes begin freezing the second you step outside and take hours to defrost. Even in thick gloves, hands begin freezing as soon as you withdraw them from your pockets, so that even the act of holding a sign at all requires great commitment. Thighs freeze, knees freeze, eyelids freeze, the tiny spot on your forehead that your hat can’t reach freezes. You yearn to be covered in a full-body suit made of hand warmers. I had 11 hand warmers on me yesterday, stuffed in various pockets and socks, and it was not nearly enough.
“NUREMBERG IS COMING.” This represents not the radical, but the median view of the regular folks in Minneapolis towards our current federal government. This is the average view of the normal middle-aged guy in the office. This helps to explain a lot of things. January 23, for example. When the temperature creeps down towards -20, as it did yesterday, being outside becomes difficult. Glasses fog over into an opaque film. Ice crystals form on men’s beards and the downy, transparent hairs on women’s faces. Warm breath condenses on the scarf covering your mouth and then freezes into an ice sheet that loses its utility. Toes begin freezing the second you step outside and take hours to defrost. Even in thick gloves, hands begin freezing as soon as you withdraw them from your pockets, so that even the act of holding a sign at all requires great commitment. Thighs freeze, knees freeze, eyelids freeze, the tiny spot on your forehead that your hat can’t reach freezes. You yearn to be covered in a full-body suit made of hand warmers. I had 11 hand warmers on me yesterday, stuffed in various pockets and socks, and it was not nearly enough.
“NUREMBERG IS COMING.” This represents not the radical, but the median view of the regular folks in Minneapolis towards our current federal government. This is the average view of the normal middle-aged guy in the office. This helps to explain a lot of things. January 23, for example. When the temperature creeps down towards -20, as it did yesterday, being outside becomes difficult. Glasses fog over into an opaque film. Ice crystals form on men’s beards and the downy, transparent hairs on women’s faces. Warm breath condenses on the scarf covering your mouth and then freezes into an ice sheet that loses its utility. Toes begin freezing the second you step outside and take hours to defrost. Even in thick gloves, hands begin freezing as soon as you withdraw them from your pockets, so that even the act of holding a sign at all requires great commitment. Thighs freeze, knees freeze, eyelids freeze, the tiny spot on your forehead that your hat can’t reach freezes. You yearn to be covered in a full-body suit made of hand warmers. I had 11 hand warmers on me yesterday, stuffed in various pockets and socks, and it was not nearly enough.
MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 13 hours ago
MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 13 hours ago
MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 13 hours ago
“NUREMBERG IS COMING.” This represents not the radical, but the median view of the regular folks in Minneapolis towards our current federal government. This is the average view of the normal middle-aged guy in the office. This helps to explain a lot of things. January 23, for example. When the temperature creeps down towards -20, as it did yesterday, being outside becomes difficult. Glasses fog over into an opaque film. Ice crystals form on men’s beards and the downy, transparent hairs on women’s faces. Warm breath condenses on the scarf covering your mouth and then freezes into an ice sheet that loses its utility. Toes begin freezing the second you step outside and take hours to defrost. Even in thick gloves, hands begin freezing as soon as you withdraw them from your pockets, so that even the act of holding a sign at all requires great commitment. Thighs freeze, knees freeze, eyelids freeze, the tiny spot on your forehead that your hat can’t reach freezes. You yearn to be covered in a full-body suit made of hand warmers. I had 11 hand warmers on me yesterday, stuffed in various pockets and socks, and it was not nearly enough.
“NUREMBERG IS COMING.” This represents not the radical, but the median view of the regular folks in Minneapolis towards our current federal government. This is the average view of the normal middle-aged guy in the office. This helps to explain a lot of things. January 23, for example. When the temperature creeps down towards -20, as it did yesterday, being outside becomes difficult. Glasses fog over into an opaque film. Ice crystals form on men’s beards and the downy, transparent hairs on women’s faces. Warm breath condenses on the scarf covering your mouth and then freezes into an ice sheet that loses its utility. Toes begin freezing the second you step outside and take hours to defrost. Even in thick gloves, hands begin freezing as soon as you withdraw them from your pockets, so that even the act of holding a sign at all requires great commitment. Thighs freeze, knees freeze, eyelids freeze, the tiny spot on your forehead that your hat can’t reach freezes. You yearn to be covered in a full-body suit made of hand warmers. I had 11 hand warmers on me yesterday, stuffed in various pockets and socks, and it was not nearly enough.
“NUREMBERG IS COMING.” This represents not the radical, but the median view of the regular folks in Minneapolis towards our current federal government. This is the average view of the normal middle-aged guy in the office. This helps to explain a lot of things. January 23, for example. When the temperature creeps down towards -20, as it did yesterday, being outside becomes difficult. Glasses fog over into an opaque film. Ice crystals form on men’s beards and the downy, transparent hairs on women’s faces. Warm breath condenses on the scarf covering your mouth and then freezes into an ice sheet that loses its utility. Toes begin freezing the second you step outside and take hours to defrost. Even in thick gloves, hands begin freezing as soon as you withdraw them from your pockets, so that even the act of holding a sign at all requires great commitment. Thighs freeze, knees freeze, eyelids freeze, the tiny spot on your forehead that your hat can’t reach freezes. You yearn to be covered in a full-body suit made of hand warmers. I had 11 hand warmers on me yesterday, stuffed in various pockets and socks, and it was not nearly enough.
MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 13 hours ago
MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 13 hours ago
Molly White
@molly0xfff@hachyderm.io  ·  activity timestamp yesterday
In Congress The Senate Agriculture Committee quickly voted to advance its version of crypto market structure legislation to the full Senate. The vote split along party lines, with all 12 Republicans voting in support and 11 Democrats voting against. While all committee Democrats ultimately voted against advancing the bill, pro-crypto Democrats Adam Schiff (D-CA) and Cory Booker (D-NJ) both spoke positively of crypto, with Booker gushing about “extraordinary humanity-changing breakthroughs that could give Americans a financial system that is faster, cheaper, and more inclusive”.37 No amendments from Democrats were approved, including ones that would have prohibited elected officials and their family members from profiting from crypto, that would require the CFTC to appoint at least four commissioners,e or that would prohibit bailouts of digital asset issuers.
In Congress The Senate Agriculture Committee quickly voted to advance its version of crypto market structure legislation to the full Senate. The vote split along party lines, with all 12 Republicans voting in support and 11 Democrats voting against. While all committee Democrats ultimately voted against advancing the bill, pro-crypto Democrats Adam Schiff (D-CA) and Cory Booker (D-NJ) both spoke positively of crypto, with Booker gushing about “extraordinary humanity-changing breakthroughs that could give Americans a financial system that is faster, cheaper, and more inclusive”.37 No amendments from Democrats were approved, including ones that would have prohibited elected officials and their family members from profiting from crypto, that would require the CFTC to appoint at least four commissioners,e or that would prohibit bailouts of digital asset issuers.
In Congress The Senate Agriculture Committee quickly voted to advance its version of crypto market structure legislation to the full Senate. The vote split along party lines, with all 12 Republicans voting in support and 11 Democrats voting against. While all committee Democrats ultimately voted against advancing the bill, pro-crypto Democrats Adam Schiff (D-CA) and Cory Booker (D-NJ) both spoke positively of crypto, with Booker gushing about “extraordinary humanity-changing breakthroughs that could give Americans a financial system that is faster, cheaper, and more inclusive”.37 No amendments from Democrats were approved, including ones that would have prohibited elected officials and their family members from profiting from crypto, that would require the CFTC to appoint at least four commissioners,e or that would prohibit bailouts of digital asset issuers.
MiniMia 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸
@fkamiah17@syzito.xyz  ·  activity timestamp 13 hours ago
Conclusion It is important to note that this Order does not affect USCIS's responsibilty to conduct reinspections to adjust refugees’ status to lawful permanent resident. In Minnesota, USCIS may continue ths statutory process but without arresting and detaining refugees. The Order also does not impact DHS's lawful enforcement of immigration laws. This Order is temporary until the Court has had the opportunity to have full briefing and argument on a motion for a preliminary injunction It is also essential to emphasize that the refugees impacted by this Order are carefully and thoroughly vetted individuals who have been invited into the United States because of persecution in the countries from which they have come. They are not committing crimes on our streets, nor did they illegally cross the border. Refugees have a legal right to be in the United States, a right to work, a right to live peacefully - and importantly, a right not to be subjected to the terror of being arrested and detained without warrants or cause in their homes or on their way to religious services or to buy groceries. At its best, America serves a a haven of individual iberties in a world too often full of tyranny and cruelty. We abandon that deal when we subject our neighbors to fear and chaos. The Court expects that this Order will be complied with inal respects. EY
Conclusion It is important to note that this Order does not affect USCIS's responsibilty to conduct reinspections to adjust refugees’ status to lawful permanent resident. In Minnesota, USCIS may continue ths statutory process but without arresting and detaining refugees. The Order also does not impact DHS's lawful enforcement of immigration laws. This Order is temporary until the Court has had the opportunity to have full briefing and argument on a motion for a preliminary injunction It is also essential to emphasize that the refugees impacted by this Order are carefully and thoroughly vetted individuals who have been invited into the United States because of persecution in the countries from which they have come. They are not committing crimes on our streets, nor did they illegally cross the border. Refugees have a legal right to be in the United States, a right to work, a right to live peacefully - and importantly, a right not to be subjected to the terror of being arrested and detained without warrants or cause in their homes or on their way to religious services or to buy groceries. At its best, America serves a a haven of individual iberties in a world too often full of tyranny and cruelty. We abandon that deal when we subject our neighbors to fear and chaos. The Court expects that this Order will be complied with inal respects. EY
Conclusion It is important to note that this Order does not affect USCIS's responsibilty to conduct reinspections to adjust refugees’ status to lawful permanent resident. In Minnesota, USCIS may continue ths statutory process but without arresting and detaining refugees. The Order also does not impact DHS's lawful enforcement of immigration laws. This Order is temporary until the Court has had the opportunity to have full briefing and argument on a motion for a preliminary injunction It is also essential to emphasize that the refugees impacted by this Order are carefully and thoroughly vetted individuals who have been invited into the United States because of persecution in the countries from which they have come. They are not committing crimes on our streets, nor did they illegally cross the border. Refugees have a legal right to be in the United States, a right to work, a right to live peacefully - and importantly, a right not to be subjected to the terror of being arrested and detained without warrants or cause in their homes or on their way to religious services or to buy groceries. At its best, America serves a a haven of individual iberties in a world too often full of tyranny and cruelty. We abandon that deal when we subject our neighbors to fear and chaos. The Court expects that this Order will be complied with inal respects. EY
Respondents failed to answer. Accordingly, the Court granted the writ in part and ordered respondents to afford Juan a bond hearing within seven days or, failing that, to immediately release him from detention. Respondents neither held a bond hearing within the required time nor released Juan. ECF No. 6. The Court then issued a show-cause order and scheduled a hearing at which it ordered the personal appearance of Todd Lyons, Acting Director of U.S. Immigration and Customs Enforcement (“ICE”). ECF No. 7. The Court noted, however, that if the parties filed a stipulation indicating that Juan had been released, the Court would cancel the hearing and would not require Lyons to appear.The parties have now filed such a stipulation, and thus, as promised, the Court will cancel the hearing, and Lyons will not be required to appear. That does not end the Court's concerns, however. Attached to this order is an appendix that identifies 96 court orders that ICE has violated in 74 cases. The extent of ICE's noncompliance is almost certainly substantially understated. This list is confined to orders issued since January 1, 2026, and the list was hurriedly compiled by extraordinarily busy judges. Undoubtedly, mistakes were made, and orders that should have appeared on this list were omitted. This list should give pause to anyone - no matter his or her political beliefs - who cares about the rule of law. ICE has likely violated more court orders in 2
Respondents failed to answer. Accordingly, the Court granted the writ in part and ordered respondents to afford Juan a bond hearing within seven days or, failing that, to immediately release him from detention. Respondents neither held a bond hearing within the required time nor released Juan. ECF No. 6. The Court then issued a show-cause order and scheduled a hearing at which it ordered the personal appearance of Todd Lyons, Acting Director of U.S. Immigration and Customs Enforcement (“ICE”). ECF No. 7. The Court noted, however, that if the parties filed a stipulation indicating that Juan had been released, the Court would cancel the hearing and would not require Lyons to appear.The parties have now filed such a stipulation, and thus, as promised, the Court will cancel the hearing, and Lyons will not be required to appear. That does not end the Court's concerns, however. Attached to this order is an appendix that identifies 96 court orders that ICE has violated in 74 cases. The extent of ICE's noncompliance is almost certainly substantially understated. This list is confined to orders issued since January 1, 2026, and the list was hurriedly compiled by extraordinarily busy judges. Undoubtedly, mistakes were made, and orders that should have appeared on this list were omitted. This list should give pause to anyone - no matter his or her political beliefs - who cares about the rule of law. ICE has likely violated more court orders in 2
Respondents failed to answer. Accordingly, the Court granted the writ in part and ordered respondents to afford Juan a bond hearing within seven days or, failing that, to immediately release him from detention. Respondents neither held a bond hearing within the required time nor released Juan. ECF No. 6. The Court then issued a show-cause order and scheduled a hearing at which it ordered the personal appearance of Todd Lyons, Acting Director of U.S. Immigration and Customs Enforcement (“ICE”). ECF No. 7. The Court noted, however, that if the parties filed a stipulation indicating that Juan had been released, the Court would cancel the hearing and would not require Lyons to appear.The parties have now filed such a stipulation, and thus, as promised, the Court will cancel the hearing, and Lyons will not be required to appear. That does not end the Court's concerns, however. Attached to this order is an appendix that identifies 96 court orders that ICE has violated in 74 cases. The extent of ICE's noncompliance is almost certainly substantially understated. This list is confined to orders issued since January 1, 2026, and the list was hurriedly compiled by extraordinarily busy judges. Undoubtedly, mistakes were made, and orders that should have appeared on this list were omitted. This list should give pause to anyone - no matter his or her political beliefs - who cares about the rule of law. ICE has likely violated more court orders in 2
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