Blockchain/Digital Asset Tax and Regulatory Attorney | https://teapawt.net/t.co/ZogcLhspzx
Washington DC
Joined July 2009
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Jamison Sites retweeted
Incredible. @CantonNetwork just received no action relief from the SEC for its network token.
The @SECGov's token taxonomy from March and follow up FAQs have now created a clear pathway out of securities laws—Network tokens are digital commodities.
When $1b in bitcoin goes to an exchange the price of bitcoin drops.
When $1b in bitcoin leaves an exchange the price of bitcoin drops.
🤷♂️
Jamison Sites retweeted
Nice try, but what you’re citing is a savings clause. It keeps existing finance and sanctions law in force but it doesn’t erase the rest of the section. What you fail to understand about the Clarity Act is that it would classify Binance as a covered person because it is a digital asset service provider.
No law stops every bad actor, but the Clarity Act would have given the people fighting them better tools and the ability to act faster. Your party voted no, and you have to own that.
Thanks for playing, Amanda Fischer!
Problem is the $3b was frozen too late, it's now bad collateral on @aave. It's well past time for DeFi to implement circuit breakers and smart contract time delays on large positions from freshly funded wallets.
Jamison Sites retweeted
🆕 Claude Connector
Connect Etherscan to @claudeai and ask about wallet balances, transactions, token transfers, and verified contracts across supported chains
Jamison Sites retweeted
.@USComptroller Jonathan V. Gould: Today’s final rule advances @POTUS Trump’s and @SecScottBessent’s vision for American leadership in digital assets. We are providing a clear, practical framework for payment stablecoin innovation, with strong standards for reserve backing, redemption, and risk management. The OCC is drawing on its longstanding supervisory expertise to support responsible growth and innovation for this new industry. occ.gov/news-issuances/news-…
ALT OCC Advances U.S. Digital Asset Leadership with Final Rule to Implement GENIUS Act
I'm not a Karen but Instinct is relentless on customer support. Thanks @noahrshinn
Jamison Sites retweeted
Zero-day remote code execution vulnerability in iPhone Safari. Click a link, and your crypto, passwords and everything else on your iPhone are gone.
Exploited in the wild by "DarkSword" malware.
"The DarkSword attack program has leaked, with its core capability being: extracting forensic-level data from iOS devices via HTTP interfaces. In actual attacks, attackers can combine social engineering or watering hole attacks to lure users into falling victim, thereby stealing data from iPhone / iPad devices and uploading it to servers controlled by the attackers."
Update iPhones immediately. Apple originally patched this, but rumours suggest even the latest versions are vulnerable, “pending confirmation,” across a wider range than the original 18.4–18.7 window.
From a Chinese security researcher, SlowMist CISO, @im23pds
teapawt.net/im23pds/status/2101265…
Urgent security advisory for iOS users!
Install the latest iOS update immediately. Security researchers report that financially motivated attackers are now using a complete, in-the-wild exploit chain that can quietly steal cryptocurrency private keys and mnemonic seed phrases from iPhones.
The reported attack begins when a target is socially engineered into opening a malicious page in Safari. That page is said to abuse a memory-corruption flaw in WebKit / JavaScriptCore to gain arbitrary read/write access from JavaScript, then bypass Pointer Authentication Codes (PAC) to run native code, break out of the WebContent sandbox, and escalate to kernel/root privileges.
With that access, attackers can pull data from the device Keychain and from local crypto wallet apps.
The claimed impact range is iOS 13 through iOS 26.5; that range has not been independently confirmed in full. Until more is known, treat any unpatched device as potentially exposed and update as soon as a newer build is available. Also avoid untrusted links in Safari, especially if you keep wallet keys or seed phrases on the phone.
In the end, you don't really need a provision just to clarify deferral when it's already the current law
🇺🇸 UPDATE: A US House crypto tax bill would change rules for stablecoins, lending and transaction fees but leaves out tax deferrals for mining and staking rewards.
ct.com/news/us-house-crypto-…
Without Clarity passing the banks don't get the limitations on stablecoin interest/rewards they want.
To be clear, many banks do not support interest limitations. They want to offer interest on stablecoins to their customers and view competition as valuable.
"But in the end, it’s only a passing thing, this shadow. Even darkness must pass. A new day will come. And when the sun shines, it will shine out the clearer."
The sun is shining today
Jamison Sites retweeted
🚨 TODAY: The SEC proposed new rules, “Regulation Crypto Assets,” that would create a clear and fit-for-purpose framework for certain investment contracts involving crypto assets.
Jamison Sites retweeted
JUST IN: Robinhood CEO Vlad Tenev says we are at the beginning of a "tokenization supercycle" that will "eat the entire financial system."
Jamison Sites retweeted
We're hiring a Chief Legal Officer for Baton Corporation, the development company behind Pump fun.
We've built one of the fastest growing crypto platforms in history, with ambitions to create a global consumer brand that tokenizes the world's highest potential, early-stage ideas. As we scale, we need a legal team that matches that ambition and ensures we can massively grow while mitigating key risks.
You’ll serve as the principal legal advisor alongside our General Counsel for regulatory affairs matters, product counsel, corporate governance, cross-border compliance, and more.
We’re offering $1m - $5m base salary.
Apply using the link below!