Jake Chervinsky (@jchervinsky) 's Twitter Profile
Jake Chervinsky

@jchervinsky

Lawyer, but not yours. CLO @variantfund. Board @fund_defi. Ex @blockchainassn, @compoundfinance. Tweets are not legal or financial advice.

ID: 47003920

calendar_today14-06-2009 01:21:58

11,11K Tweet

134,134K Followers

941 Following

Jake Chervinsky (@jchervinsky) 's Twitter Profile Photo

Millions of Americans are drowned in advertisements for sports gambling all day every day. Regulators seem fine with this, as long as there's a little note saying "gambling problem? call this number." But don't you dare think about investing in crypto 🙃

Jake Chervinsky (@jchervinsky) 's Twitter Profile Photo

Tomorrow is the first ever Congressional hearing on DeFi and it's going to be 🔥 DeFi is the future of finance and it's about time for Congress to start formally educating itself on how this tech will change the world. Watch here tomorrow at 10 am ET: financialservices.house.gov/calendar/event…

Daniel Barabander (@dbarabander) 's Twitter Profile Photo

I am unaware of an area of law with more bang for its buck for crypto apps than a website’s terms of service. I know terms of service are not the most exciting thing in the world, but if done right, they can make a huge difference in legal liability exposure. The key issue apps

Jake Chervinsky (@jchervinsky) 's Twitter Profile Photo

Honestly feeling emotional after the first ever DeFi hearing in Congress today 🥹 I remember years ago when DeFi was like ten projects that no one thought would amount to anything. Now it's on full display in the halls of power in DC 🙌 This is *so* powerful from Amanda Tuminelli 🔥

tiff (@hausoftiffany) 's Twitter Profile Photo

I'm gonna say this in the nicest way possible If you want to work in web3 and want FAANG level comforts, get the fuck out of web3 Web3 is not about prestige, there is no prestige ok we are all trying to survive as an industry If you can't take the heat get out of the kitchen

Jake Chervinsky (@jchervinsky) 's Twitter Profile Photo

During the DeFi hearing, Rep. Casten argued that the developer of a neutral tool should be liable for third-party bad actors who use it to commit crime. Thankfully he's wrong, as Warren Davidson 🇺🇸 eloquently and beautifully explained here 🔥🙇‍♂️ I was beaming as this happened live:

Jake Chervinsky (@jchervinsky) 's Twitter Profile Photo

Most people are scared to death of testifying in Congress because they might get treated half as rough as this. But Rebecca Rettig is about as OG as it gets in DeFi law. She not only keeps her cool but absolutely crushes it. Unbothered, focused, flourishing 💥 "Gangster" is 💯

Jake Chervinsky (@jchervinsky) 's Twitter Profile Photo

Remember, settlements aren't law. We may see more like eToro from the SEC and other agencies this month, all with orders pretending to establish new precedent. None do. They're economic decisions by enforcement targets to flee rather than fight. Fine. The rest of us fight on.

MetaLawMan (@metalawman) 's Twitter Profile Photo

Yes, it may accurately be described as "insane" that the SEC uses the term "crypto asset security" 8 times in the eToro settlement order--while apologizing to another court for making up that term ON THE SAME DAY! What a GREAT find by Jake Chervinsky 👇

miles jennings (@milesjennings) 's Twitter Profile Photo

It’s time to fight for the right to create. Today, a16z crypto, Stand With Crypto🛡️, and OpenSea are kickstarting the Creator Defense Fund, a legal defense fund for creators using blockchain technology to connect with fans, monetize their work, and bring more creativity to the

It’s time to fight for the right to create.

Today, <a href="/a16zcrypto/">a16z crypto</a>, <a href="/standwithcrypto/">Stand With Crypto🛡️</a>, and <a href="/opensea/">OpenSea</a>  are kickstarting the Creator Defense Fund, a legal defense fund for creators using blockchain technology to connect with fans, monetize their work, and bring more creativity to the
Fred Rispoli (@freddyriz) 's Twitter Profile Photo

This post in and of itself is a scam as the SEC the same day swore to a federal judge that there is no such thing as "crypto asset securities." I have requested this be Community Note'd. cc Jake Chervinsky

Katherine Minarik (@minariklaw) 's Twitter Profile Photo

This! And truly — whether or not you care about crypto, if you care about fundamental fairness in our legal system then you should be deeply concerned about the SEC’s approach to crypto. No govt agency should work this way. 1/x