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The RugMom Thinks It’s Nice That You Do That Computer Money Stuff
GREAT FALLS — On a recent call with your mother, the subject of what you do for a living inevitably came up. You went on to explain, for the seventh time this month, how you now audit smart contracts for flaws and vulnerabilities, earning a combination of fiat and ETH on a biweekly basis. Your mom replied, “I don’t know what any of that means, but it’s really nice how you do that computer money stuff.” Early attempts to explain your vocation to your mother go back to early 2021 when you were ...
The RugTwitter Rebrands to “X” Commemorating Drop to 10th Best Social Media Platform
SAN FRANCISCO — In a celebratory move, Twitter CEO Elon Musk changed the name of the platform to “X” commemorating its spot on a list of social media platforms. According to HootSuite, it now ranks 10th behind powerhouses such as Truth Social and Holla. Before the new list was announced Musk was planning to rebrand his social media company as “X AE, v. non-child.” Employees breathed a sigh of relief. “Pretty sure we would have immediately lost all of our users if he named us that,” said Chief...
The RugVitalik Suspected of Extraterrestrial Origins
EARTH — Conspiracy theorists have taken to Reddit this week in a wild and unfounded notion that Ethereum founder Vitalik Buterin is from a recently discovered planet located between Venus and Mercury. Redditors are calling the planet “Cryptomar.” The contention that the blockchain guru is from another planetary body is loosely based on conjecture that he “looks like an alien” and the fact that he put Earth as his location in his twitter bio.Vitalik lists twitter location as "Earth".Despite al...
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The RugMom Thinks It’s Nice That You Do That Computer Money Stuff
GREAT FALLS — On a recent call with your mother, the subject of what you do for a living inevitably came up. You went on to explain, for the seventh time this month, how you now audit smart contracts for flaws and vulnerabilities, earning a combination of fiat and ETH on a biweekly basis. Your mom replied, “I don’t know what any of that means, but it’s really nice how you do that computer money stuff.” Early attempts to explain your vocation to your mother go back to early 2021 when you were ...
The RugTwitter Rebrands to “X” Commemorating Drop to 10th Best Social Media Platform
SAN FRANCISCO — In a celebratory move, Twitter CEO Elon Musk changed the name of the platform to “X” commemorating its spot on a list of social media platforms. According to HootSuite, it now ranks 10th behind powerhouses such as Truth Social and Holla. Before the new list was announced Musk was planning to rebrand his social media company as “X AE, v. non-child.” Employees breathed a sigh of relief. “Pretty sure we would have immediately lost all of our users if he named us that,” said Chief...
The RugVitalik Suspected of Extraterrestrial Origins
EARTH — Conspiracy theorists have taken to Reddit this week in a wild and unfounded notion that Ethereum founder Vitalik Buterin is from a recently discovered planet located between Venus and Mercury. Redditors are calling the planet “Cryptomar.” The contention that the blockchain guru is from another planetary body is loosely based on conjecture that he “looks like an alien” and the fact that he put Earth as his location in his twitter bio.Vitalik lists twitter location as "Earth".Despite al...
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MANHATTAN, NY — Judge Jefferey Watkins of the New York Southern District court has ruled that appending the shrug emoji to a piece of financial advice will nullify said advice.
A case of alleged improper financial advice-giving began when the Moon Goblins NFT team posted the following tweet from their official account:
The prosecuting attorney made a strong case that this particular string of emojis coming from the Moon Goblin account can mean only one thing: “Moon Goblins are going to increase in value substantially.”
This argument was bolstered by a recent ruling from Judge Victor Marrero that emojis can convey financial advice. Fortunately for the Moon Goblin team, they had responded to their original tweet within seconds with a shrug emoji. That shrug emoji became the cornerstone of their defense in the case.
“It really would have been better if Moon Goblins had included the shrug at the end of the original string of emojis,” wrote Judge Watkins in his formal opinion. “Even still, the shrug must be taken into due consideration, and the shrug emoji in this particular context can only mean one thing to any reasonable person: while the Moon Goblin team is confident in their project, there is still uncertainty about whether it will increase substantially in value. I rule in favor of the defendants.”
The financial pitfalls of promises of value constitute a serious detriment to the investment landscape. But perhaps the shrug emoji will save many from the ire of the Federal Courts. This landmark decision is likely to set precedent for cartoon characters who give advice on Twitter, as well as other emoji-based legal cases.
For more mostly credible news follow @TheRugNews on Twitter and subscribe to our newsletter.
MANHATTAN, NY — Judge Jefferey Watkins of the New York Southern District court has ruled that appending the shrug emoji to a piece of financial advice will nullify said advice.
A case of alleged improper financial advice-giving began when the Moon Goblins NFT team posted the following tweet from their official account:
The prosecuting attorney made a strong case that this particular string of emojis coming from the Moon Goblin account can mean only one thing: “Moon Goblins are going to increase in value substantially.”
This argument was bolstered by a recent ruling from Judge Victor Marrero that emojis can convey financial advice. Fortunately for the Moon Goblin team, they had responded to their original tweet within seconds with a shrug emoji. That shrug emoji became the cornerstone of their defense in the case.
“It really would have been better if Moon Goblins had included the shrug at the end of the original string of emojis,” wrote Judge Watkins in his formal opinion. “Even still, the shrug must be taken into due consideration, and the shrug emoji in this particular context can only mean one thing to any reasonable person: while the Moon Goblin team is confident in their project, there is still uncertainty about whether it will increase substantially in value. I rule in favor of the defendants.”
The financial pitfalls of promises of value constitute a serious detriment to the investment landscape. But perhaps the shrug emoji will save many from the ire of the Federal Courts. This landmark decision is likely to set precedent for cartoon characters who give advice on Twitter, as well as other emoji-based legal cases.
For more mostly credible news follow @TheRugNews on Twitter and subscribe to our newsletter.
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