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META $META IS DISCUSSING A SETTLEMENT WITH 29 STATE ATTORNEYS GENERAL IN THE MIDDLE OF THE TRIAL The talks are unconfirmed, sourced to people familiar with the matter, per Bloomberg. Meta declined to comment and so did California's attorney general's office. The case is only in its second week in federal court in Oakland, Instagram head Adam Mosseri has already testified, and lawyers expect to call Mark Zuckerberg. By Meta's own calculations, losing could mean penalties as high as $1.4 trillion, close to the company's entire market capitalization. Bloomberg describes an amount unheard of in legal history, and notes any settlement would come in far below it. The states allege Meta knowingly designed features that encouraged compulsive use by young people while misleading consumers about safety tools, and that it collected data from users under 13 in violation of federal law. Meta denies all of it and has accused the states of seeking unreasonable design changes and an "outlandish payout."

1/ gm. gm. Name is Hsin-Ju. I have a dark, kinda tragic personal announcement. I've decided I'd rather take $0 than accept a settlement that requires me to stay silent about what happened to me. I have since fired my lawyers at @sanfordheisler & will be releasing all the evidence from my time @hack_vc on Wed 8/26. INTRO: I've been in crypto for 9 years. Most recently I was a partner & head of platform @hack_vc which is a $600-700M crypto VC firm. Many of you may know me from my time as Head of Growth at @StellarOrg in 2017 (worked w/ the Mt. Gox founder), @Solana in 2018 (joined under ~10 ppl, but quit before my cliff), & @Fhenix in 2024. Or have attended one of my @DystopiaLabs ETH events (2019-now). Last year, I was forced to work through a serious medical emergency while at @Hack_VC due to threats by @alpackaP @dbulaevsky, saying that they would blacklist me from the space if I quit before finishing the hacksummit conference & side events that I was helping with during @kbwofficial. I was working 13-14hr days, 6 days a week, sleeping 0-4 hrs a night, and had documented Graves' disease, hyperthyroidism, and severe insomnia. I repeatedly asked to quit. Hack VC refused. This + other threats and intimidation went on for almost a month. The conditions got so bad I attempted suicide. The fucked up part is that, even after the suicide attempt, I told everyone at Hack VC (in writing) that I had no plans to sue. I was scared & extremely sick. I just wanted to leave. I told them that as long as there was no retaliation or badmouthing - I had no plans to sue. @Hack_VC chose to retaliate. After just 1 month after my near suicide, Hack VC mishandled my COBRA health insurance, refused to fix things, kept shooing me to customer support (when it's legally Hack VC's responsibility to fix this), and my insurance had issues and was not fixed for almost 4 MONTHS. Hack VC did not fix everything until I hired lawyers and had them force Hack VC to adhere to the law & fix my COBRA insurance issues. The sheer cruelty of an employer harming someone's health insurance almost immediately after they nearly committed suicide is extremely fucked up. And, even during the legal engagement, Hack VC continued to lie & attempt to harm me through their lawyers and other employees/partners (multi-million dollar carry & clawbacks can make even the nicest ppl willing to turn the other way or lie). @0xRodney @IsTheBaron @roshunpatel @Alex__Botte. Now. Almost an entire year of engagement & my near suicide anniversary coming up, our lawyers (mine & Hack VC's) have reached the point of preparing for private mediation and settlement. And...I realized that I just can't do it. I don't want money in exchange for silence. I'd rather speak. I fired my lawyers yesterday. In case it needs to be said, I did a good job at Hack VC. I was only there full time for 7 months; been part-time since 2021. I got a $50k raise to $300k, $30k bonus, and promises of additional carry that would have been implemented about a week or so after my last day. I was also offered admission into the GP entity (but not sure if admission was actually completed bc it was during my medical emergency). This + my resume, should show that me suing is not a money grab; I was genuinely harmed. I'm aware that I'm just one person (who is not rich) facing a $600-700M VC institution. I've been told by @alpackaP that he's known most of the managing partners at most VC firms for almost a decade and he could absolutely blacklist me. I'm also painful aware that the conclusion of this will probably be extremely poor for me or death - but I've accepted it. Sharing with other web2 & web3 VCs: @paulg @ycombinator @500STARTUPS @a16zcrypto @PanteraCapital @dragonflyvc @RaceCapital @hosseeb @haunventures @hiFramework @ElectricCapital @blockchaincap @Delphi_Digital @variantfund @1kxnetwork @archetypevc @shimacapital @robotventures, etc. TLDR; I’m done with continued threats, pressure, and intimidation. I'm not going to take a payout and allow Alex or Hack VC to walk away from harming me. As mentioned, I'll be dropping the evidence from my case on Wed 8/26 (or before) -- privacy be damned. Support here (or DM) please: ETH: 0x68c10776C5c05Cbf5B4C2318bE02D61B9f06B875 SOL: B7S8TPcWWJXTsmgG8ShoTmy8sNPuJ3Dbmt7z5gLFAveq

Last month, I launched a diplomatic campaign to dismantle the ICC’s threat to our national sovereignty. The Trump Administration is sanctioning ICC President Tomoko Akane and Senior Trial Lawyer Abdoulaye Seye in our unwavering mission to protect Americans from this sham of a court. In honor of our Declaration of Independence, Americans will never be transported beyond seas to be tried for pretend offenses.

"Her lawyer's interpretation is that she is the final voice, she is the only voice." @ShamsCharania gives more insight on Jeanie Buss contesting her family's vote to sell their stake in the Lakers 👀 (via @PatMcAfeeShow)

"They believe that they are allowed to sell even without [Jeanie Buss] because of what's called the tag-along provision. ... So guess where this ends up? Amongst the lawyers and in court, and it's really just over the 17.8% that the Buss family controls." @ramonashelburne details what led to Jeanie Buss contesting her family's minority stake in the Lakers ✍️

This week, @AAGMcDonald joins us on The Arena. We discuss the Trump Administration’s fight against fraud, @TheJusticeDept’s brand-new Fraud Division, and the most shocking fraud schemes DOJ has uncovered. 00:00 - Intro 00:36 - Colin McDonald Joins the Show 00:59 - Who Are You and What Do You Do? 02:22 - Why Public Service? 03:25 - Why Be a Prosecutor? 05:50 - What Does a Prosecutor Actually Do? 09:21 - No Prosecution Without Law Enforcement 11:08 - Relentless: Cases That Last Years 12:02 - Turning to Fraud Enforcement 13:06 - Why No One Tackled Fraud Before 13:41 - The Old Binary Choice: Violent Crime vs. Fraud 15:21 - Tallying the True Cost of Fraud 17:10 - Wasteful Spending vs. Outright Theft 19:17 - The Goal Is Deterrence 21:25 - Building Roots, Not a Potted Plant 23:18 - No Fraud Too Big, No Fraud Too Small 25:28 - Fraud Wounds the Soul, Not Just the Wallet 27:36 - Quarterbacking the Fight 28:26 - One Front Door to DOJ 29:38 - A 500-Person Division in Two Weeks 31:13 - A Career Home for Young Lawyers 33:26 - The Ripple Effects of Unchecked Crime 34:24 - Changing the Incentive Structure 35:23 - Which Statutes Do You Enforce? 36:05 - Healthcare Fraud: The Biggest Target 37:00 - The Student Athlete Who Died 38:03 - The Skin Graft Scheme 39:28 - Fraud Robs Dignity, Too 40:49 - Benefit Programs and the Public Trust Section 42:06 - Global Trade and Commerce Enforcement 43:43 - The Many Inspectors General Offices 45:05 - The Most Shocking Cases 45:56 - “Everybody’s Doing This” 46:48 - The Home Care Scam 48:25 - Billing Medicaid From Egypt and Prison 50:22 - Minnesota’s Looted Housing Program 51:27 - Clearing the Decks for the Truly Needy 52:44 - DOJ Is Here to Help 54:14 - Outro

@Gate Gate CRYPTO EXCHANGE - NON-COMPLIANCE, OFFSHORE ENTITIES & JURISDICTIONAL WALLS THREAD 🧵 1- We are writing this again because @Gate @Gate_zh, led by @Han_Gate, has already had its lawyers send us two legal threat letters over our public communications about this case.

Hot take… isn’t it kinda crazy that nobody is really using AI Agents? I don’t mean software engineers or AI early adopters. I mean “college friends talking about it in group chat,” the feeling you got when everyone started using Instagram or TikTok. These frontier AI models are *insane* (as are the harnesses & tool calls & the like). And every large tech co has an AI agents platform, not to mention all the YC startups doing vertical agents. Yet all of your friends and family outside of tech — who spend all day staring at their iPhones and get paid to work in browser tabs — don’t really care or find themselves using any AI agents yet. Yes ChatGPT, Claude, etc. are extremely popular… but if you look at the engagement data the vast majority of people are still using these aI chat tools like a glorified Google + Grammarly. That’s why the AGI labs are all pushing desktop apps for Codex, Cowork, etc. so hard to non-technical ppl. And yes exceptions for lawyers and customer service but even those have some asterisks and exceptions to rule. Look I’m not saying the ChatGPT moment for AI Agents is not coming… it most definitely is! Remember we pivoted from Arc to Dia precisely because we believe computing is going to be radically reimagined around these AI primitives. No doubt. But that’s my point: it’s just so surprising it hasn’t happened yet because all of the tech you’d need is there. Again if you stop for a second and think about it… for all the press and money and hype and models and crazy ARR numbers… this “AI Agent” moment does not *feel* like the other breakthrough tech moments we’ve lived through (e.g. think the shift to Stories via Snapchat & Instagram, or shift to on-demand via Uber/Airbnb/Doordash). Which is a long way of saying: if you can figure out the answer to “why” most people don’t care about AI agents yet (and have no enduring interest in using them) — especially since the models and harnesses are here and ready — the answer to that question will allow you to capture a lot of marketshare and make a lot of money in 2027. Theoretically, the tech is ready for AI Agents to totally transform how we work and live our lives… but alas the general public dgaf… that’s the generational puzzle to solve for the next 12 months for anyone not working on the models themselves.

AI is the single greatest innovation in human history. The only thing that comes close is splitting the atom. Every economic system we've ever built runs on the scarcity of knowledge. Lawyers, doctors, experts of every kind… they get paid because what they know is scarce. With AI, knowledge is now infinite. That breaks everything. Our entire economic model, as well as our understanding of what humans do, and what we're for. This is the Exponential Age. I've been mapping this out for years across @RealVision and GMI, piecing it together as it unfolded. Today I wrote a full breakdown that pulls it all into one place. Link below.