Tag: clawback

FTX's Token Clawback: A DeFi Stress Test or Pragmatic Recovery?

04/30/2025

FTX's Token Clawback: A DeFi Stress Test or Pragmatic Recovery?

The FTX estate is following the lead of the aggressive legal attack. They’re suing NFT Stars and Delysium (Kurosemi) to compulsory redeem tokens that were never delivered pursuant to SAFT agreements. It raises a crucial question: are these lawsuits a necessary step toward repaying creditors, or a dangerous precedent that...

Further Reading

The SEC has recently gone through a major change up top. Under the new guidance, they’ve pulled back much of the proposed rulemaking on DeFi exchanges and crypto custody that Gensler had so aggressively championed. Perhaps this means we are entering an era where a more reasonable and pragmatic approach...

WE WON! The Gensler nightmare is OVER. Our friends back in the suits at the SEC, led by Darth Gensler himself, have… — retreated! They’ve surrendered! Boom! Now is the time to plan and throw the biggest digital block party the metaverse has ever seen. FUD’s reign is OVER Builders’...

Okay, let's be real. The crypto market isn’t a political revolution, it’s a rich person’s mega casino controlled by memes and powered by hopium. We've all been there, haven't we? Just scrolling through CoinMarketCap, coming across some coin with a dog’s face mooning again, and saying to yourself, “Should I…...

It seems like the entire crypto market is a pretty crowded lifeboat at the moment. Everyone is fighting for space under the lifeboats, and the waves of regulatory uncertainty continue to crash in. Frankly, most of these projects are looking green around the gills. You can read headlines like the...

The NFT market’s wild west days are finally coming to an end. How about when everyone wanted to buy a virtual pet rock? Me too. And much like that beanie baby craze, the speculative bubble of easy-to-make, collectible JPEGs has burst significantly. Good riddance, I say. In your exuberance, do...

Let's rip off the band-aid. 99% of those PFP NFTs you’re so proud to have minted? They’re still glorified JPEGs one day from the digital landfill. I said it. And I'll say it again. The emperor has no clothes, and your pixelated penguin is likely nekkid as well.JPEG Nostalgia, Nothing...

Okay, folks, let's be real. You know that doge meme where the dog is looking one way and the world’s on fire the other way? That’s what it was like for the crypto community under Gary Gensler’s SEC. It felt like every other week they were dropping another regulatory bomb....

Let’s face it, the crypto space can be an overwhelming onslaught of noise and shiny new objects. Each week there is a new coin, with a new story, with new potential returns enticing investors. The majority of them vanish faster than you can say “rug pull.” Every once in a...