Hey @Microsoft @amazon @Google, how does it feel to find out that your cloud services businesses are money transmitters?
Peter Van Valkenburgh
Peter Van Valkenburgh7.8. klo 01.05
This is why I was so angry last Winter. The court's legal reasoning to deny the motion to dismiss at the time basically said that money transmission includes anyone who facilitates the movement of tokens on chain, and that the FinCEN guidance for who must license is irrelevant. Once you rule on that, the jury doesn't have much left to do. The legal ruling was wrong. Needs to be appealed.
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