Comrade Greeting Card
Matt Binderi wonder why these guys hate the CFPB so much
ohh
ethagnawl@MattBinder I know it's petty but, my god, his use of _deleted_ is infuriating. What an absolute tool.
Kraftwerk-Das Model Collapse@MattBinder so many tech bros have enormously punchable avatars. Armstrong, Andreesen, Elon obviously, the list goes on
Matt Palmer@MattBinder it is impossible to tell. I guess it will just have to remain a mystery for the ages.
(Unrelated: when I typed"Brian Armstrong" into my mobile Firefox search bar, my keyboard's autoducker suggested "lie" as the next word. I wonder what's up with that? 🤔)
Amanda Bee@MattBinder they really, really want all these bureaucrats to leave Bitcoin alone.
2xfo4 images of social posts by people who had crypto locked up with an exchange house before they contacted CFPB and the issue was quickly resolved
Phil@MattBinder
It's only natural for thieves to hate the police, which in a way CFPB is.
It's only natural for thieves to hate the police, which in a way CFPB is.
⚯ Michel de Cryptadamus ⚯@MattBinder The reason a16z and #MarcAndreessen, #DOGE, and the rest of the #NerdReich have made killing #CFPB their top priority is the same story.
Here's a list of #a16z companies hit with sanctions by CFPB courtesy Fintech Business Weekly.
bsky: @cryptadamist.universeodon.com.ap.brid.gy (@Cryptadamist) on X
"i was told there would be massive cuts to government spending but all i got was the defunding of an agency called the Consumer Finance Protection Bureau that protected consumers from a long list of #a16z backed frauds" #slugsOfA16z
Molly White@MattBinder the CFPB also recently proposed an interpretive rule that would require crypto firms to reimburse customers whose funds were stolen by fraud: https://www.citationneeded.news/issue-73/#:~:text=The%20Consumer%20Financial%20Protection%20Bureau%20has%20proposed%20a%20new%20interpretive%20rule
this could be up to $300 million a year for Coinbase alone, according to a recent estimate from a blockchain sleuth: https://citationneeded.news/issue-76#coinbase-accused-of-allowing-300-million-a-year-in-social-engineering-attacks-on-its-customers
Taco BlaccPeople losing money with no legal recourse is a recipe for retaliatory violence.
Personally I wonder why those guys put so much faith in their security guards...