Molly White Profile picture
May 20 4 tweets 2 min read Read on X
In April, Coinbase announced changes to its user agreement that added two clauses limiting class action lawsuits and requiring lawsuits to be filed in New York. The changes apply to disputes initiated after May 15.

On May 14, Coinbase disclosed a data breach. Coinbase logo  4/12/2025  Update to the Coinbase User Agreement  We are emailing you about an important upcoming update to the Coinbase User Agreement. This update will revise our Arbitration Agreement with you. We made these updates to streamline the process for resolving disputes.  You can read the entire agreement here. The revised terms are in sections 9.9, 9.10 and Appendix 6.  These terms apply only to disputes that you or we initiate after May 15, 2025. The current terms will continue to apply until May 15.  Please make sure you read the updated User Agreement.  Thank you for be...
9.9. Class, Collective, Representative, and Mass Action Waiver and Jury Trial Waiver. You and Coinbase agree that, except as specified in the Batch Arbitration Provision set forth above, each of us may bring claims against the other only on an individual basis and not on a class, representative, or collective basis or as part of a mass action (such as a mass arbitration), and the parties hereby waive all rights to bring or to participate in such actions in arbitration or in court to the maximum extent permitted by applicable law. This provision does not prevent you or Coinbase from particip...
Five lawsuits have been filed against Coinbase in response to the breach since then: all class action, none before May 15, two outside of New York.
Interestingly, the April update email also noted the addition of Appendix 6, which was a 2,250-word section titled “Dispute Resolution (Including Arbitration Agreement; Class Action Waiver; Jury Trial Waiver; Forum Selection Clause)”. APPENDIX 6: DISPUTE RESOLUTION (INCLUDING ARBITRATION AGREEMENT; CLASS ACTION WAIVER; JURY TRIAL WAIVER; FORUM SELECTION CLAUSE) Disputes Defined. “Disputes” are defined as any dispute, claim, or disagreement arising out of relating in any way to our relationship with you, the Services, the Coinbase Site, any Communications you receive, any products or services sold or distributed through the Coinbase Site, or the User Agreement. The term “Disputes” is intended to be interpreted broadly. The provisions below describe which Disputes belong in arbitration, small claims court, or a court of ge...
Arbitration Procedure. You and we agree that arbitration under this Arbitration Agreement will, depending on the circumstance, be administered by the American Arbitration Association (“AAA”) subject to the AAA’s Consumer Arbitration Rules then in effect, except as modified by this Arbitration Agreement. If the AAA is unable or unwilling to administer the arbitration consistent with the Arbitration Agreement, or if the Dispute is part of a Batch Arbitration, you and we agree that JAMS will administer the arbitration subject to the JAMS Rules and Procedures then in effect, including any Mass ...
Batch Arbitration. You and we agree to abide by this Batch Arbitration provision in the event that: (a) there are twenty-five (25) or more individual arbitration demands of substantially similar nature filed by us against you and other customers or by you and others against us and (b) such arbitration demands are filed with the assistance of the same law firm, group of law firms, or organizations. You and we agree that arbitration demands will not be deemed “substantially similar” if they involve claims seeking relief in connection with alleged losses of assets arising from different facts ...
This Appendix has since been removed with no customer notification. It was in place as of April 28, and I can’t determine precisely when it was removed after that date.

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More from @molly0xFFF

Apr 8
Newsletter: Trump continues to dismantle crypto enforcement while expanding his personal crypto empire.

Most recently, Trump has called the DOJ off cryptocurrency enforcement and dismantled the agency’s crypto enforcement team. A Monday night memo from Deputy Attorney General Todd Blanche, citing Trump’s crypto executive orders, has dismantled the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) and directed the agency’s Market Integrity and Major Frauds Unit to “cease cryptocurrency enforcement”.1 The memo also directs prosecutors to “not charge regulatory violations in cases involving digital assets including but not limited to unlicensed money transmitting..., violations of the Bank Secrecy Act, unregistered securities offering violations, unregistered broker-dealer violations, and other ...
As we watch Trump dismantling cryptocurrency industry regulations and enforcement, it’s worth revisiting the extent to which he and his family personally profit from their cryptocurrency business interests, which they have been rapidly expanding. Trump business interests As we watch Trump dismantling cryptocurrency industry regulations and enforcement, it’s worth revisiting the extent to which he and his family personally profit from their cryptocurrency business interests, which they have been rapidly expanding.  Eric Trump has recently announced American Bitcoin, a company he has co-founded with the CEO of bitcoin mining firm Hut8. American Bitcoin will essentially subsume Hut8’s entire bitcoin mining business under suspiciously friendly terms for the Trumps. As VanEck’s Matthew Sigel noted, “I don’t fully understand the rationale...
Then there’s Trump Media, the firm behind the Truth Social platform, which has recently filed documents disclosing plans to explore something called Truth.Fi, which will include a crypto component [I80]. Trump’s stake in Trump Media is estimated at around $2 billion, and the company recently submitted filings that would allow the trust holding his shares in the company (controlled by Donald Trump Jr.) to sell them.14  Then there are the memecoins [I75]. Trump has already extracted around $350 million from crypto buyers via his $TRUMP token.15 On April 18, he’ll be allowed to sell off anothe...
This is the environment we’re living in as we watch Trump call off the SEC from investigating or enforcing cryptocurrency-related cases targeting his crypto benefactors and companies much like the ones he’s running. As Trump establishes a “strategic bitcoin reserve” while directly admitted its purpose is to “elevate this critical industry”. As the SEC and CFTC invites crypto executives to write their own rules. As the SEC declares that memecoins like $TRUMP and $MELANIA don’t fall under their authority, and neither do stablecoins like the one Trump’s World Liberty Financial is planning to l...
Read 8 tweets
Jan 27
The people now in charge of the Office of Personnel Management apparently don’t know how to scrub PDF metadata, and have exposed the original authors of the guidance they’re publishing. Two, Noah Peters and James Sherk, have links to the Heritage Foundation and Project 2025.
Noah Peters is the true author of the OPM Acting Director Charles Ezell’s January 27 memo providing guidance on the Schedule F executive order. Peters also authored the memo exploiting loopholes to bypass limits on political appointments. Noah Peters is the author of the OPM Acting Director Charles Ezell’s January 27 memo (archive) providing guidance on the “Restoring Accountability To Policy-Influencing Positions Within the Federal Workforce” executive order, which is being described as the “Schedule F” order because it effectively reinstates that policy under a new name (“Schedule Policy/Career”). Peters also authored the January 20 memo (archive) from Ezell, which exploits loopholes to bypass limits on political appointments.1 Both of these memos are clear steps towards achieving a primary goal of Project 2025: to expand ...
pdfinfo OPM\ Memorandum\ re\ Schedule\ Policy\ Career\ Guidance\ 01-27-2025.pdf Subject:         Correspondence on official letterhead Author:          Peters, Noah Creator:         Microsoft® Word for Microsoft 365 Producer:        Microsoft® Word for Microsoft 365 CreationDate:    Mon Jan 27 07:48:43 2025 EST ModDate:         Mon Jan 27 07:48:43 2025 EST
pdfinfo Memo\ Lifting\ Caps\ on\ TTCs\ 1-20-2025.pdf Subject:         Correspondence on official letterhead Author:          Peters, Noah Creator:         Microsoft® Word for Microsoft 365 Producer:        Microsoft® Word for Microsoft 365 CreationDate:    Mon Jan 20 16:09:32 2025 EST ModDate:         Mon Jan 20 17:12:25 2025 EST
Headshot of Noah Peters
As far as I can tell, Peters’ role has in the administration has not been officially announced. However, as far back as 2023, The Heritage Foundation’s Project 2025 was recommending him for a position in Trump’s second administration. As far back as 2023, The Heritage Foundation’s Project 2025 was recommending Peters for a position in Trump’s second administration.2 Peters had previously been appointed by Trump in 2019 as the Solicitor at the Federal Labor Relations Authority,3 where he “aided and defended Trump appointees’ anti-union FLRA policies that went against decades of the agency’s own precedents” according to Court Accountability Action and State Democracy Defenders Action.4 Peters returned to private practice in 2022, but recently quietly updated his LinkedIn profile to reflect a new title of “Senior Advisor” t...
Read 8 tweets
Jan 2
The world's richest man has joined a growing chorus of right-wing voices attacking Wikipedia as part of an intensifying campaign against free and open access information. Why do they hate it so much?

citationneeded.news/elon-musk-and-…
Recent tweets by @elonmusk, Libs of Tiktok, Mario Nawfal, and others have claimed that Wikipedia is spending “$50 million for DEI”, misrepresenting Wikipedia’s actual budget and financial statements to claim Wikipedia is now “Wokepedia”. First was Chaya Raichik, also known as “Libs of TikTok,” who on December 23 screenshotted a pie chart of budget categories from the Wikimedia Foundation’s 2023–2024 annual plan.1 Apparently not bothering to read past the labels, Raichik dashed off a tweet condemning the Foundation for spending $50 million on “diversity, equity, and inclusion”,a the right’s latest bogeyman, and urging her own substantial follower base to “Stop donating to Wokepedia”.2b Musk agreed, amplifying her post with the comment: “Stop donating to Wokepedia until they restore balance to their editing authority.”3  [Ima...
Two days later, Musk retweeted Mario Nawfal, who had ripped off Raichik’s same post to produce his own, with the bold and all-caps headline “Wikipedia blows $50M on wokeness”. Nawfal added, “That’s $50 million for DEI instead of, you know, improving the actual site. … Sure, inclusion is nice, but maybe they could use some of that money to ensure they’re a reliable source of information first? Just a thought.”4  What Nawfal, Raichik, and Musk either failed to understand or deliberately misrepresented was that these budget categories they’ve dismissed as “DEI” directly support Wikipedia’s rel...
Then, Musk amplified an erroneous and months-outdated claim that Bill Clinton had been deleting information about his relationship with Jeffrey Epstein from Wikipedia. Then, in the early hours of December 31, Musk reposted a video from a self-described “Conspiracy Realist/Coincidence analyser” account, “@BGatesIsaPsycho”, which had in turn taken the video from antisemitic conspiracy theoristc and self-described “OSINT journalis[t] exposing globalism” Ian Carroll. “No more donations to Wikipedia until they start being truthful”, Musk added, atop a video where Carroll claimed that “someone deleted all of Bill Clinton’s connections to Jeffrey Epstein from Wikipedia”, suggesting that Clinton himself was behind the edits. This, again, was a complete misreprese...
Read 15 tweets
Nov 15, 2024
Newsletter: Crypto’s efforts to buy the 2024 elections paid off, and we’re in for a bumpy ride.

A recap of how unprecedented crypto super PAC spending impacted 58 Congressional races, and the pro-crypto appointees Trump is already eyeing.

citationneeded.news/issue-70/
While the cryptocurrency industry failed to convincingly prove a flood of single-issue crypto voters were waiting to hit the polls, they proved that they didn’t actually need people to care about crypto so long as billionaire industry executives had enough money to throw around.
Crypto-focused super PACs spent in 68 races across 35 states. $70.9 million went to support Republicans, and $48.3 million backed Democrats.

While some of the outcomes may have their spending to thank, much of this was a “back-the-winners” strategy. As for the Congressional races, the crypto-focused super PACs spent in 68 races across 35 states. $70.9 million went to support Republicans, and $48.3 million backed Democrats. Only ten races failed to go their way (eight if you exclude two races where candidates they backed in the primaries withdrew — and in both of those two races, the crypto PACs chose new candidates to support who went on to win). 58 races went how they wanted them to go, with either their supported candidate winning the election, or candidates they spent to oppose losing. The remaining two races — California’s House Di...
However, it’s important to note that cryptocurrency PACs were largely going with a “back the winners” strategy in this cycle — exemplified by their spending on candidates like Jim Justice (R, WV Senate) and John Curtis (R, UT Senate), who were all but assured to win their races, and whose races were called moments after polls closed. Although it took a while for me to realize this — there were times when I wondered why the crypto PACs were supporting some candidate when their opponent seemed roughly equivalent in their crypto-related stances — the strategy later became clear. As I noted in ...
Read 8 tweets
Jul 18, 2024
Some recent tweets from the founder and CEO of a prominent cryptocurrency company.


Tweet by Ryan Selkis: "Anyone that votes against Trump at this point can die in a fucking fire. Literal war."
Tweet by Ryan Selkis: "The Civil War for the country started today, and if you are anti-Trump you are against the men who are willing to fight. Good luck."
Tweet by Ryan Selkis: "Bolshevism cannot be cured with votes. We must excise the metastatic cancer and evil of the left, by force if necessary. This is why the second amendment was and is so important. Do not initiate violence, but if it’s brought to your door, finish with violence."
Tweet by Ryan Selkis: "I hate leftists with the fire of 1000 suns. I’m not a Republican. I’m built different. War."
Then there was this exchange. Messari’s Head of Engineering is on an H1-B, by the way.


Tweet exchange between Ryan Selkis and AdrianoFeria.eth:  Selkis: "Are you a citizen or just a green card holder?" Feria: "I've been a green card holder for more than a decade and am about to initiate the process of becoming a citizen. What practical difference does that make in the context of this conversation?" Selkis: "I hope we send you back. That’s why I was asking. Sorry."
Tweet exchange between Ryan Selkis and AdrianoFeria.eth: Feria: "Under what premise would you "send me back"? I pay all my taxes, respect the law and, as a permanent resident, I am protected by constitutional rights. You probably didn't know about that last part and it might be a tough pill for you to swallow... here is the irony of you leaning about America from someone you deem to be undeserving of living here. You should take a break from social media and politics, it seems like you've gotten the brain virus too." Selkis: "You are protected by constitutional righ...
Tweet exchange between Ryan Selkis and AdrianoFeria.eth: Feria: "I qualify for citizenship, and your disdain won't stop me from getting it." Selkis: "that's fine, at least you won't have it in time for this election. good luck!"
Messari Inc H1B Salary all years 5 records was found, Median Salary is $125000. 40 percents of the salary are above $200K, 0 percents of the salary are between $150K and $200K, 40 percents of the salary are between $100K and $150K, 20 percents of the salary are less than $100k <100k20% Complete (success)100k-150k40% Complete (success)150k-200k0% Complete (warning)>200k40% Complete (danger) MESSARI INC ASSOCIATE PRODUCT MANAGER 80,000 NEW YORK, NY 12/13/2019 06/06/2020 MESSARI INC DIRECTOR, DISTRIBUTED SYSTEMS & DATA SCIENCE 210,000 NEW YORK, NY 04/04/2022 09/06/2022 MESSARI INC HEAD OF ENGI...

Tweet by Ryan Selkis: "Just had a terrific 'tough love' session with Messari leadership, and I can't tell you how much I appreciate people who approach me in good faith and help rein me in because they know my vision and where my heart is. I ran too hot this week, and will address that in full soon."
Screenshot showing Selkis' Twitter account was protected
Read 7 tweets
Jul 12, 2024
It’s finally time to release my newest project:

This website provides a real-time lens into the cryptocurrency industry’s efforts to influence 2024 elections in the United States. followthecrypto.org
A screenshot of the front page of FollowTheCrypto.org, showing total amounts raised by crypto-currency focused PACs ($203 million) and amounts spent ($38 million). There are also graphs showing expenditures by political party, and expenditures by PAC. There is a list of the top elections influenced by crypto industry money, of the most highly-funded super PACs overall, and of recent expenditures by crypto-focused committees.
I have been working on this for the past two months, after growing more concerned about the influence this industry is trying to exert. Did you know crypto companies have spent more this cycle than the oil or pharmaceutical industries, despite being a fraction of the size? A bar chart showing the amount of election spending by sector. Data: Crypto  $203,000,000,All health  $193,706,986,Communications  $178,671,462,Lawyers & lobbyists $172,810,610,All energy  $152,567,769,Labor $120,230,704,Transportation  $98,461,871,Construction  $85,162,003,Agribusiness  $84,400,550,Defense $25,445,961
There is more to come, including a bot that will post real-time updates about contributions or expenditures, which you can follow in advance at @follow__crypto. You can also learn more in my announcement post over at Citation Needed: citationneeded.news/follow-the-cry…
Read 4 tweets

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