Tag: David Sacks

Crypto’s Counterattack: The U.S. Crypto Industry Declares War on the SEC as Trump’s Reign Unleashes Chaos and Opportunity

Court Cases Charlene Lensburg - March 4, 2025

In a seismic shift that’s rocking the financial world, the U.S. crypto industry is no longer playing defense—it’s launching an all-out offensive against the U.S. SEC., fueled by the Trump administration’s sudden crypto-friendly pivot. Just months into Donald Trump’s second term, the SEC has shockingly withdrawn its barrage of lawsuits against major players like Coinbase, Kraken, Gemini, and Uniswap Labs, signaling a dramatic retreat from the regulatory chokehold.

How Online Payment Pioneer Became A Black Mirror Episode? Will Twitter Become An Alternative?

Payment Institution Ben - December 15, 2022

PayPal pioneered new-generation online payment services almost 25 years ago. You could send and receive money simply and easily via your email address. It was a cheap alternative to credit cards and banks. PayPal was founded by today's tech giants Peter Thiel, David Sacks, Max Levchin, and Elon Musk. In recent years, PayPal has systematically earned a bad reputation. Musk refers to PayPal as a Black Mirror episode and indicates that Twitter might soon become an alternative.

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