#OpenSea, the place you buy and sell monkey JPGs & #Trump NFTs, is (almost certainly) about to be charged by the #SEC. Its the latest in a long line of companies in the portfolio of #Trump converts/megadonors #MarcAndreessen and #BenHorowitz to be indicted.

This is why these #billionaires are backing Trump (see my toot for more).

Their (mostly crypto & AI) venture capital firm #AndreessenHorowitz/#a16z also backed disasters like:

1. the "let's exploit Filipinos" #AxieInfinity game
2. the recently arrested #BitClout
3. #NorthKorea's favorite money laundry #Uniswap

(A "Wells Notice" is a private letter the SEC sends to say "we're about to indict you, any last words?". Very rarely a co. can talk their way out of trouble but never as far as I'm aware has any co. that made its notice public ever managed to do so.)

image courtesy @web3isgreat, the best account for news of the rolling catastrophe some call "the #cryptocurrency industry"

I'm somewhat surprised that there hasn't been more hubbub around using #DeSo (formerly #Bitclout) as a replacement for #Twitter: https://www.deso.com/

I haven't been super active on it recently but I do think they where able to overcome some of the scaling issues it seems #mastodon instances are / will face.