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DeFi Education Fund

@fund-defi

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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
Here is @atuminelli’s opening statement from today’s first ever DeFi hearing.
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
On Sept 10th, DEF's @atuminelli's will be will be appearing in front of the House Financial Services' Subcommittee on Digital Assets in their FIRST EVER hearing on DeFi: "Decoding DeFi: Breaking Down the Future of Decentralized Finance" You don't want to miss her insights on the importance and value of DeFi, so be sure to tune in. https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=409331
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Amanda Tuminelli
@atuminelli
Today @fund-defi and @blockchainassn filed an amicus brief in support of a challenge to the SEC’s Consolidated Audit Trail (CAT), arguing that the CAT, especially when it pertains to the digital asset sector, “unacceptably undermines privacy and personal freedom.” ICYMI, the CAT is the largest database of securities txs ever created and will include personally identifiable information on every retail brokerage customer in the U.S. Given the SEC’s position that digital asset market participants are exchanges, brokers, and/or dealers, the SEC may force them to comply with CAT reporting requirements. The result, which we warn the court about, is that the CAT could connect personally identifiable user info with wallet addresses, providing the government with more tools to track user financial activity for all time. This info would then be at the disposal of the government, creating unprecedented privacy concerns. https://www.defieducationfund.org/_files/ugd/84ba66_38222aa7b44f4e7392f0b9b22bf82039.pdf
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
end/ Work like this requires your support. Please donate via our website or consider purchasing “DeFi People” merchandise so you can look legit while supporting a great cause. https://www.defieducationfund.org/supportus
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
6️⃣ We are immensely grateful to the talented and hardworking team at Edell, Shapiro & Finnan, LLC for serving as our counsel in this matter and to our expert @hudsonjameson.
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
5️⃣ To that end, DEF will dedicate the patent to the public, meaning the patent can never be used as the basis of a lawsuit for patent infringement in the future.
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
4️⃣ We began this journey with the primary goal of ensuring that builders were not targeted by those who seek to profit off of innovative technologies used in DeFi. And what we said at the onset remains true today: “patenting technology that is widely used, like oracle technology, is antithetical to the ethos of open source software development.”
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
3️⃣ ICYMI, in Sep 2023, DEF petitioned the US Patent & Trademark Office for the cancellation of this patent, and enlisted help from OG expert @hudsonjameson to explain to the Patent Board what this patent claims to do and why it is not valid. https://www.defieducationfund.org/post/def-fights-back-against-patent-troll
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
2️⃣ DEF purchased the TRS patent, which is being used to sue MakerDAO and Compound, and dedicated it to the public. This means an end to the lawsuits against MakerDAO and Compound and insurance that similar lawsuits will never be filed.
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DeFi Education Fund
@fund-defi
🚨🚨🚨Today, DEF is excited to share that we have resolved all disputes related to the patent claiming invention of oracle-like technology owned by True Return Systems (TRS).
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Daniel Barabander
@dbarabander
I’ve just posted my first quick reactions on the SEC’s lawsuit against Consensys: https://paragraph.xyz/@proofs-and-protocols/examining-sec-v-consensys. I go through the SEC’s allegations that Consensys, through MetaMask Swaps, acted as a broker and stack it up against the tech. I hope you enjoy.
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
🚨Don't Forget🚨 Tomorrow (June 11) at 2:30pm EST, we will be hosting our first ever "State of the Union." Link to Space: https://x.com/i/spaces/1lDxLPpWayZxm Link to Ask Qs: https://docs.google.com/forms/d/1LNXiy4aySeP_6ZBC2WoTesfhvmrrM_Nt0OBmyN_7DfI/edit We can't wait to see everyone there 🫡
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
In a new opinion piece in @coindesk DEF's @atuminelli and @blockchainassn's @mtcoppel explore why the SEC's newly launched Consolidated Audit Trail represents another step toward making "massive unchecked government surveillance a reality." https://www.coindesk.com/opinion/2024/06/05/cryptos-latest-privacy-battle/
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
DEF's "State of the Union" has OFFICIALLY been rescheduled for June 11 at 2:30pm EST. We look forward to you joining us 🚀 https://x.com/i/spaces/1lDxLPpWayZxm
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
end/ Please consider purchasing a hat, shirt, or sticker or just contributing to our mission. 🙏 ***Crypto payment options are also available.
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
6️⃣ Your support empowers us to make the case for DeFi, protect its nascent but immense potential, and develop a fair policy landscape. Through the purchase of OFFICIAL “DeFi People” merch, you are helping support our work as all proceeds go directly to DEF.
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
5️⃣ As the only organization exclusively focused on DeFi, DEF advocates for the interests of users and developers in the ecosystem, and we depend on your contributions to make that work possible.
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
4️⃣ The policy, regulatory, and legal landscapes are rapidly shifting, as evidenced by this week’s historic vote in the House, and there is no better moment to accelerate our efforts than NOW.
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
3️⃣ And if you are looking to support DEF’s mission and look fresh while doing so, you can now purchase swag through our newly launched merch store. https://www.defieducationfund.org/category/all-products
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DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
2️⃣ Leaning into the words of praise from the judge in the SEC v. Coinbase oral argument, who was referring to our amicus brief, we are officially launching a line of “DeFi People” merch.
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