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How a New Hampshire Court Battle Could Rewrite the Rules of Crypto – The Information

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How a New Hampshire Court Battle Could Rewrite the Rules of Crypto – The Information

Less than two hours before our phone conversation last week, Jeremy Kauffman tweeted that if voters elect him as the next U.S. senator from New Hampshire, his goal would be “that America never launch another drone strike in the Middle East.” It was a sentiment shared by many self-identified libertarians, who have long opposed US military incursions abroad. But then came the next line from Kauffman’s post: “Failing that, my fallback goal is to have Liz Cheney attached to the next bombshell.”

A 37-year-old computer scientist, blockchain CEO, and Black Senate candidate from Manchester, NH, Kauffman considers himself a “dissident,” one who lives under a government regime of “soft totalitarianism.” But he also likes to keep things light: “I play a little, sometimes, this pompous and exaggerated libertarian character. But that’s what social media is. This is the game we play.

But the primary focus of our call wasn’t Kauffman’s controversial tweets, or his long-running campaign to oust Sen. Maggie Hassan, DN.H., from Congress in November, or even his red pill. campaign website. It was his ongoing fight against the Securities and Exchange Commission, which sued Kauffman’s blockchain startup LBRY in March 2021, nearly three years after the agency began investigating the company for securities violations. . The case is being watched closely by crypto executives and investors, as well as regulators in Washington, DC, as a potential turning point in industry history. When a judgment is handed down in the coming weeks, it could mark a significant step forward for crypto or a dramatic leap backward, depending on where you stand.

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