DECLINE DNASWAB

“I told everybody, like, hey. Listen. Like, I'm gonna handle this. I'm gonna make sure nothing happens to you. I'm gonna cover all your legal fees. And I'm, like, this is a good lawyer. Like, we're gonna like, all the people, who are not me are gonna use this person, and, like, I really recommend it. And the reason why it was so amazing is because it allowed me to put everyone under a single lawyer, which was not only, like, very cost efficient. But it also allowed us to coordinate.”

“Because of a clerical error, I actually went to federal prison for two days, which was a crazy experience. There are, like, gangs in prison and, like, I confused the gangs, because, they they they basically they break into groups by race. And so there was, like, a white group, Mexican group. I call them the scary Mexican group. That's the third group, which is, like, the people with, like, face tattoos. And then there was other. So what's funny is I go into this this giant playground of of the federal prison, and they're competing for my for my loyalty because they don't know if I'm white or if I'm other.”

“One of the best lawyers I worked with in this case said that the likelihood of winning a trial against the government is 30% in the absolute best case. And the reason it's so low is the awesome, power and reputation that the government comes with when they make a claim. You know? And I think that's why it's really important for them to be, you know, ideally as responsible as possible when they bring claims like this.”

“There was one day where both my main bank account and my backup bank account shut down at the same time, and I just had no fiat, like, capabilities. And I call my lawyer, one of one of them. And I was like, hey, man. Like, I don't know what to do. I kinda need, like, someone else to, like, hold money for me in case I, like, really lose, like, fiat access. And I I basically was like, is it bad, like, if I send money to, like, some family just, like, in case? And he was pretty chill about it. He was like, look. That's no problem, but we really should make sure we report it as a gift. And the funniest part is literally, like, it's because I reported it as a gift that they, like, got excited about it.”

“The way that it was working with the SEC under Gensler is they would send the bank a subpoena. And, basically, when a bank gets a subpoena, which is a request for information, but when they get it from the SEC, my understanding, at least what happened to me, is they immediately kick out the person. We called it subpoena sniping, like, with my lawyers. But one of the reasons they target your bank accounts is that it prevents you from being able to pay lawyers. And so your lawyer stop defending you and then they, like, win by default.”

“They said, if you give us your phones, we won't raid your house. And I said, interesting. I I I guess I don't I don't know. Like, do I, like, care if you raid my I don't know. Because, you know, like, I kinda need my phone, but I also need, like, all the stuff in my house. So I was like, okay. Here's my phone.”

“I'm pretty sure we found the number one defense firm in the country, and, they're called Williams and Connolly. Every defense firm, typically hires former prosecutors. And Williams and Connolly, as far as I know, is the only one who not only never hires from the government, but they hate the government. It's like a it's like a whole the whole thing. The entire DNA is we hate the government, and we're trying to get every single person we interact with fired.”

“Do Kwon, of Terra Luna fame, was, was actually he was one of, like, dozen a dozen or so, derivatives of basis. I actually had a a long conversation with Do, after we returned capital, and and also before he launched Terra. I told him, like, look. You're you're you're either gonna, have a hard time growing against the bank backed stablecoins. And so you're gonna have to offer yields, like, in order to compete. And I I even explained to him how, like, it's gonna be a race to the bottom on yields and, like, it's it's like with the wildcat banking era. We talked for, like, over an hour and, and and then, you know, I don't know. He just he took a different lesson from it.”

“Another funny thing, they were like, we're gonna dismiss it, but you need to sign this piece of paper that says you won't sue us for harassment. Because and I just wanna say that's rare, and that's because they understood how ridiculous it was to bring it. It does not happen. That is really, really rare. And I said, fine. You know, I'm not here to sue people for harassment, but I have, like, much more important things I wanna do with my life.”