Why Clashing With OpenSea Could Be The Last Straw For Gary Gensler

Gary Gensler’s tenure as Chair of the Securities and Exchange Commission (SEC) has become increasingly contentious, particularly after OpenSea’s CEO, Devin Finzer, announced via tweet on August 28, 2024 that the company received a Wells Notice from the Securities and Exchange Commission (SEC). A Wells Notice signals the SEC’s intent to pursue enforcement action against a leading NFT marketplace.

This latest notice epitomizes the Gensler-led SEC’s aggressive and controversial approach to digital assets. Critics argue that Gensler’s actions reveal a reckless disregard for the statutory framework governing the SEC and its policy goals, raising serious concerns about whether he is prioritizing his regulatory agenda over the best interests of investors and markets.

Read the full article at Forbes.com.

Digital Currency Group Welcomes Dr. Tonya M. Evans to its Board of Directors

Esteemed legal and regulatory expert joins the company’s board to guide its next phase of growth

STAMFORD, CT, September 18, 2023 – Digital Currency Group today announced the appointment of its newest board member, Dr. Tonya M. Evans. Dr. Evans brings vast expertise across blockchain and digital assets, data, technology, and social justice to the position, and will help DCG scale and capitalize on future growth opportunities as the firm executes on its strategic vision.

“Tonya is a dynamic leader with extensive expertise in digital assets and blockchain technology,” said DCG Founder & CEO Barry Silbert. “She brings a deep understanding of the challenges and opportunities that exist in our industry and is a proven thought leader in the field of technology and regulation. Tonya will be an invaluable asset to the leadership team at DCG as we pursue our long-term strategic goals – I look forward to working alongside her.”

“It is a privilege to join DCG’s Board of Directors and collaborate alongside some of the highest regarded leaders in the digital asset industry,” said Dr. Tonya Evans. “I’ve long admired DCG’s position as one of the most established companies operating in the space and am eager to help support the company’s path forward as it works to transform the incumbent financial system.”

Dr. Evans is a distinguished leader in the field of law and technology, as well as a fully-tenured professor at the Penn State Dickinson School of Law with a prestigious co-hire appointment to the Penn State Institute for Computational and Data Sciences. She is a regular keynote speaker, delivering presentations that explore the legal implications of new technologies for startups, entrepreneurs, and creatives and author of Digital Money Demystified. Dr. Evans has also won several awards, including recognition on the Forbes Over 50 Investments List and the Fastcase 50 list, for her accomplishments and involvement in numerous national and international boards and committees, specifically the World Economic Forum/Wharton DAO Project Series co-led by the WEF Crypto Impact and Sustainability Accelerator.

About Digital Currency Group

Founded in 2015 by Barry Silbert, Digital Currency Group is a global enterprise that builds, buys, and invests in blockchain companies all over the world. As the most active investor in the blockchain space, DCG sits at the epicenter of the blockchain industry, backing more than 200 companies in 35+ countries. In addition to its investment portfolio, DCG is the parent company of a number of subsidiaries including Grayscale Investments, CoinDesk, Foundry, and Luno.

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Will Fear Keep You From The Future of Fortune in the Digital Economy?

Investing in cryptocurrency can be daunting, especially if you’ve had a negative experience in the last year with the pandemic-led global financial crisis and crypto market crash.

This latest price correction wasn’t my first “crypto winter”. In fact, my best financial wins came after price pullbacks when the market restructured and recovered. That’s because wealth is created in down markets and realized when markets return. “Buy low, sell high” is an investment first principle that has made a lot of informed investors rich when they built a foundation based on facts, not fear.

If you rushed into the market without all the facts in a fear of missing out frenzy, you are not alone. When the value of the crypto asset industry took a nosedive in 2022 maybe you quickly sold your holdings because of a fear of losing out. Lots of nervous new investors did that, too. But folks are starting to buy again to get the return they missed out on when they were sitting on the sidelines.

But now that bitcoin has increased in value from $16K in December 2022 to over $28K this month (a 64% positive change!), Ethereum and other blue-chip cryptocurrencies are up, and CNBC recently reported that analysts predict the crypto winter is over and bitcoin could hit $100,000 by the end of 2024, now you’re faced with yet another fear: fear of getting (back) in.

See a theme here? Every move was motivated by fear: an emotional response to a perceived threat.

Here’s the thing about fear …

“Be fearful when others are greedy and greedy when others are fearful.”

This quote from Warren Buffett’s 2003 letter to Berkshire Hathaway shareholders highlights the importance of taking advantage of market conditions while objectively managing risks. But you can’t take advantage of market conditions to prepare an emotion-proof wealth-building plan without the right information and a solid future of wealth foundation.

Long-term wins are never created with fear-based emotions or false evidence appearing real (F.E.A.R.). It requires the calm, confidence and courage that comes with the right coach, community, and content.

That’s where I can help!

I created a quick start bundle of tools and resources to help you get off the sidelines and back into the game. Because you have to be in it to win it.

If you believe in the power and promise of cryptocurrencies as a vital part of your investment portfolio growth but lost money in the market and fell victim to fear, the Digital Money DemystifiedBundle is the perfect spark to jumpstart your journey so you can create money-making momentum quickly and easily.

When I kick off my pre-launch book tour for Digital Money Demystified, the DMD Resource Bundle will be sold as a web-based companion to the book starting at $497.

You can access it now for only $47 (a $450 savings!).

See Inside the Bundle!

The Digital Money Demystified Bundle includes:

Future of Wealth Fundamentals Mini Course (1–2 hrs)

  • Welcome | Getting Started
  • Lesson 1: Terms & Investor Overview
  • Lesson 2: Vet 22K+ Coins & Tokens
  • Lesson 3: Self-Custody
  • Lesson 4: Passively Earn While You Learn
  • Lesson 5: Invest Responsibly & Avoid Scams
  • Lesson 6: Crypto Tax Best Practices
  • Lesson 7: Bring it All Together

Digital Money Demystified Toolkit:

  • Glossary
  • Risk Tolerance Assessment
  • How to Avoid the 10 Worst Mistakes New Crypto Investors Make
  • From Cash to Crypto Checklist
  • Digital Money Demystified “Get Ready, Stay Ready” Guide

BONUS: Wealth-Building Resource Bank + Private Inner Circle Community Access

[ORDER NOW | $497 only $47 for a limited time]

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Financial Freedom Futurist™ and Penn State Dickinson Law professor, Dr. Tonya M. Evans, is the author of Digital Money Demystified, the essential myth-busting guide that empowers the crypto-curious to be crypto-confident and includes an empowering and informative step-by-step guide to go From Cash to Crypto®, safely, legally, and confidently.