Ethereum lawyer Steven Nerayoff says that he is “very fortunate because the first ICO that I was involved in was Ethereum” and that he “was charged with coming up with a legal structure for the ether crowd sell.”

Source: @digitalassetbuy

Joseph Lubin falsely claims “there are only two decentralized protocols on the planet right now that are sufficiently secure enough and decentralized enough so that they can be trusted. Those are Bitcoin and Ethereum.” Lubin adds that Bitcoin is too difficult to program, and therefore for all developers of “value tokens”, Ethereum is “the only game in town.”

Source: @digitalassetbuy

The Financial Stability Oversight Council’s 2019 Annual Report is issued, which classifies XRP as a “currency”. Jay Clayton, as Chairman of the SEC, voted to approve the report and signed it.

Source: @BakkupBradley 

Ethereum co-founder Vitalik Buterin says during an interview “I did get the Ethereum Foundation to sell 70,000 Eth like basically at the top and that’s doubled our runway now.”

Source: @digitalassetbuy

Mike Novogratz discusses first buying into Ethereum saying that he “bought Ethereum from Vitalik at 96 cents” but soon realized that “Joe (Lubin) no longer needed my money” so he decided to become “a private investor.”

Source: @digitalassetbuy

Former SEC Chairman Grundfest says to Jay Clayton “you’ve gone after only three (ICOs) when there are hundreds that look almost identical, why?” Jay Clayton responds by saying “I think that the three offerings we have gone after in the 21A report make it pretty clear to people what we think is permissible and not permissible” and that “if the market continues as it is those will not be the last enforcement actions.”

Source: @sentosumosaba

Jay Clayton is asked about his potential conflicts of interest in filing the SEC v. Ripple case, given his financial interests in companies that directly benefited from the lawsuit. In response about the companies he was immediately hired by after leaving the SEC: “I did not know these companies while I was in the government.”

Source: @CryptoLawUS

In response to a discussion about “why we would we be selling unregistered securities to Americans,” Ethereum co-founder Joseph Lubin says: “I drove lots of the legal work. We got a piece of paper in our pocket before we actually launched the token sale.”  Ethereum held an ICO for its digital token, ether, in 2014.

Source: @digitalassetbuy

Joseph Lubin admits his “regulatory advantage” stating, “Bitcoin and Ethereum arrived before regulators were paying attention” and that “we were fortunate enough to frame our token as a utility token.” He goes on to say that now “regulators are watching so pretty much all the tokens need to be introduced to the world in a convoluted fashion or are really just going to be seen as securities.”

Source: @digitalassetbuy

In an interview with Forkast.News on ConsenSys’ acquisition of Quorum, Joe Lubin, co-founder of Ethereum and founder of ConsenSys says “ConsenSys and JP Morgan have been very friendly and collaborative for quite some time…we’ve interacted with them roughly from the start. We started to interact with them in a really concerted way around the time of the advent of the Enterprise Ethereum Alliance. We were two of the major drivers of that initiative and have been two of the major drivers of activity inside the EEA since launch.”

ConsenSys was advised in its Quorum acquisition by Sullivan & Cromwell, SEC Chairman Jay Clayton’s former law firm. This was four months before the Ripple lawsuit was filed by the SEC.

Source: @ISO_XRP