LensLinks: Issue 152

Lawyer Expects SEC to Lose if It Sues Coinbase, brought to you by Regiment LLC

Author

Len Pacek
May 09, 2023

Today in LensLinks:

  • Lawyer Expects SEC to Lose if It Sues Coinbase Due to “Fatal Flaw” of Gary Gensler’s Own Making

  • Mars4 Partners With DWF Labs To Accelerate AI-Powered Metaverse Gaming

  • Ethereum’s Hard Fork Draws More Stakers But Raises Regulatory Stakes

  • South Korean Lawmaker Investigated for 'Suspicious' Crypto Trades

  • The metaverse may be digital, but its real estate market is booming - Utah Business

  • Meta Settle for $725 Million in Class Action Lawsuit

  • 101: Educational Byte: The Difference Between Cryptocurrencies, Tokens, and Securities

  • 101: How to Know If Your Crypto Trading Bot Is Legit?

  • Despite ban, Chinese citizens persist in cryptocurrency trading

  • The Singularity: Should We Be Worried About AI? I Thought Not, Until I Asked An AI; The real short-term danger of generative AI isn't lost jobs or fake content but targeted generative ads and targeted conversational influence.

  • ESG: Sentience. Will Humans Treat AI Better Than We Treat Animals?

  • And Much, Much, More…

QUOTABLE

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“If the SEC follows through on its threat to sue Coinbase, I believe the SEC will lose. The SEC’s case has a fatal flaw. And the problem is entirely of Gary Gensler’s own making.”

- Lawyer James Murphy

NOTABLE

Roy King on LinkedIn: Lawyer Expects SEC to Lose if It Sues Coinbase Due to “Fatal Flaw” of Gary Gensler’s Own Making

A lawyer has explained why the U.S. Securities and Exchange Commission SEC will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations.

www.linkedin.com/posts/roy-king-28124413_lawyer-expects-sec-to-lose-if-it-sues-coinbase-activity-7060886563970297856-iwAI/?utm_source=share&utm_medium=member_ios

Metaverse & Gaming

Mars4 Partners With DWF Labs To Accelerate AI-Powered Metaverse Gaming - EGamers.io - P2E NFT Games Portal

Web3 metaverse project Mars4.me just scored a major partnership with DWF Labs. This means big bucks for Mars4 and some cool new features on the way!

egamers.io/mars4-partners-with-dwf-labs-to-accelerate-ai-powered-metaverse-gaming

Blockchain, Tokens & DeFi

Ethereum’s Hard Fork Draws More Stakers But Raises Regulatory Stakes

Ethereum's Shapella hard fork enabled full withdrawals and, despite decreasing ETH supply and increasing daily fees, staked Ethereum's value reached a $40B all-time high.

seekingalpha.com/article/4601371-ethereums-hard-fork-draws-more-stakers-but-raises-regulatory-stakes

Crypto Trading

South Korean Lawmaker Investigated for 'Suspicious' Crypto Trades

Rep. Kim Nam-kuk of the Democratic Party of Korea (DPK) is being investigated by South Korean authorities for suspicious crypto activity...

watcher.guru/news/south-korean-lawmaker-investigated-for-suspicious-crypto-trades

Metaverse & Gaming - a little more…

The Sandbox Joins Affyn To Push Metaverse Interoperability

Popular metaverse platform, The Sandbox, forms a partnership with Singapore-based Web 3 game development firm, Affyn to create an immersive and more interoperable open me

cryptodaily.co.uk/2023/05/the-sandbox-joins-affyn-to-push-metaverse-interoperability

The metaverse may be digital, but its real estate market is booming - Utah Business

The metaverse real estate market is booming as digital properties are easy to create, experiment with and upgrade. Will your company be proactive with this opportunity?

www.utahbusiness.com/the-metaverse-real-estate-market-is-booming

Meta Settle for $725 Million in Class Action Lawsuit - XR Today

XR Today reports on the latest extended reality news from around the globe, including virtual reality, augmented reality and mixed reality.

www.xrtoday.com/virtual-reality/meta-settle-725-million-in-class-action-lawsuit

Blockchain, Tokens & DeFi - a little more…

On-chain Data Suggests Crypto Hacks and DeFi Exploits are on Course to Match Q1 Figures

Barely a week into May, Deus Finance and Level Finance have been victims of DeFi exploits. Here are the details:

www.securities.io/on-chain-data-suggests-crypto-hacks-and-defi-exploits-are-on-course-to-match-q1-figures

Educational Byte: The Difference Between Cryptocurrencies, Tokens, and Securities | HackerNoon

Let’s discuss here some common concepts and their differences: tokens, currencies, and crypto securities. Also, a bit on regulation about them.

hackernoon.com/educational-byte-the-difference-between-cryptocurrencies-tokens-and-securities

As cryptocurrency remains unstable, it's NFT which seems to have caught fancy | The Financial Express

Reportedly, in a country of about 138 crore people, around 10 crore own crypto in India

www.financialexpress.com/business/blockchain-as-cryptocurrency-remains-unstable-its-nft-which-seems-to-have-caught-fancy-3077777

Crypto Trading - a little more…

How to Know If Your Crypto Trading Bot Is Legit?

Cryptocurrency trading and the tools behind it, such as automated bots, have been on a surge over recent years.

startup.info/how-to-know-if-your-crypto-trading-bot-is-legit

Meme Coin Trading Volume Surges to Two-Year High, Signals Caution for Bitcoin Bulls

Speculative mania in meme coins has historically presaged bearish reversals in bitcoin.

www.coindesk.com/markets/2023/05/08/meme-coin-trading-volume-surges-to-two-year-highs-signals-caution-for-bitcoin-bulls

Despite ban, Chinese citizens persist in cryptocurrency trading – Cryptopolitan

Chinese citizens have been defying the ban imposed by Chinese authorities on cryptocurrencies and persistently engaging in cryptocurrency trading activities within the country. Reliable sources indicate that these traders and investors utilize popular cryptocurrency exchange platforms like Binance, FTX, OKX, and Huobi to conduct their transactions. A significant segment of China’s vast population, which amounts ... Read more

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

Why generative AI is more dangerous than you think

The real short-term danger of generative AI isn't lost jobs or fake content but targeted generative ads and targeted conversational influence.

venturebeat-com.cdn.ampproject.org/c/s/venturebeat.com/ai/why-generative-ai-is-more-dangerous-than-you-think/amp

Should We Be Worried About AI? I Thought Not, Until I Asked An AI

Should we let AI control decisions on the battlefield? ChatGPT itself thinks this is a very bad idea.

www.forbes.com/sites/stevensalzberg/2023/05/08/should-we-be-worried-about-ai-i-thought-not-until-i-asked-an-ai/?sh=621ce0e73187

ESG (Environmental, Social & Governance)

What Does Sentience Really Mean?

The fact that AI isn’t alive doesn’t mean it can’t be sentient, the sociologist Jacy Reese Anthis argues. Will Humans Treat AI Better Than We Treat Animals?

www.theatlantic.com/ideas/archive/2023/05/humans-ai-jacy-reese-anthis-sociologist-perspective/673972

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.