0xen 🎩 pfp
0xen 🎩
@0xen
Don't want to interrupt base season but, where's the big brained farcaster thread on the SEC ETH stuff. What does it all mean
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Ivo Entchev pfp
Ivo Entchev
@ivolver
If all we have to go on is that the Ethereum Foundation received a confidential “voluntary” inquiry for information from a state regulator, we should not be concluding that EF is necessarily under investigation or subject to a subpoena. Subpoenas are by definition compulsory not voluntary.
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Nico Gallardo 🍄 pfp
Nico Gallardo 🍄
@nicnode
@jchervinsky please enlighten us 🙏
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max ↑🎩 pfp
max ↑🎩
@baseddesigner.eth
As far as I know: - Blackrock funded their ETH wallet for $100m yesterday - Seems like they want to move stock trading onto blockchain - Some US senators were begging Gary recently to not list ETH ETFs - ETH ETF getting delayed until at least May?!
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nicole pfp
nicole
@nicole
Especially right after the BlackRock announcement, I’m wondering if these two events are related in some way…
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m_j_r pfp
m_j_r
@m-j-r.eth
it's just halting action meant to postpone ETF approval due to downstream implications. Arthur Hayes has written a bit on the subject (take it with a grain of salt, though): https://cryptohayes.medium.com/etf-wif-hat-4bf5a5609a61
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⚪️ cooper 🎩 ↑ pfp
⚪️ cooper 🎩 ↑
@cooperray
they’re trying to impose their rules fast before they can’t play by their own. pitiful. they’re scared
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grant 🌈 🎩 🐸 pfp
grant 🌈 🎩 🐸
@grunt.eth
did eth drop 10% because insiders are front running? or was it just overheated?
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Jake Chervinsky pfp
Jake Chervinsky
@jchervinsky
The SEC has to approve or deny spot ETH ETF applications this year. Reasonable minds differ on the likelihood of approval; I think "low." There's also a Fortune report today about SEC investigating ETH. It's been known for years that Gensler wants to reverse SEC policy and call ETH a security; easier said than done.
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Ripple3037🎩 pfp
Ripple3037🎩
@ripple3037
We need a breaking news channel
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Metaphorical pfp
Metaphorical
@hyp
It means Blackrock's filling their ETH bags.
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Jovan pfp
Jovan
@jovan
EF received a “voluntary” request for information from a “state authority”. This doesn’t mean the EF itself is under investigation.
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nihilist blues pfp
nihilist blues
@nihilist
SEC ETH stuff has already been priced in. They're just trying to FUD to get us to sell our coin so they can buy for lower.
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Bowtied Wookie 🎩 pfp
Bowtied Wookie 🎩
@bowtiedwookie
$DEGEN = Good
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helladj™ pfp
helladj™
@helladj.eth
Deceleration
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trav 🎩🔵🧾 pfp
trav 🎩🔵🧾
@trav
Feds freeze assets. Can’t dump on us.
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