MetaLawMan says Coinbase will win against the SEC, and reveals a loophole enabled him to mine Bitcoin with free electricity: X Hall of Flame.
Crypto lawyer James Murphy better known online as MetaLawMan found himself in an odd situation where he became a creditor of the bankrupt crypto exchange FTX while, at the same time, CEO Sam Bankman-Fried was sharing his posts slamming the exchange.
Sam Bankman-Fried started reposting my stuff, which is wild because some of my stuff would say like, It appears that FTX was a criminal enterprise from the beginning, and he would repost that, Murphy explains.
Murphy became prominent in crypto for digging into Bankman-Frieds bail situation after the collapse of FTX in November 2022. Murphy claims there was no bail bond and that the math didnt tally up to the $250 million U.S. prosecutors claimed.
Read more
Source: https://cointelegraph.com/magazine/coinbase-sec-lawsuit-bitcoin-mining-metalawman-x-hall-of-flame/