Jake Chervinsky
@jchervinsky
Lawyer, but not yours. CLO @variantfund. Board @fund_defi. Ex @blockchainassn, @compoundfinance. Tweets are not legal or financial advice.
ID: 47003920
14-06-2009 01:21:58
11,11K Tweet
134,134K Followers
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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…
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 🔥
It was an honor to advocate on behalf of DeFi developers and users in front of Financial Services GOP U.S. House Committee on Financial Services today. I was grateful to sit next to the extremely talented experts Rebecca Rettig Peter Van Valkenburgh and Brian Avello UDHC.
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:
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 💯
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
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