Days earlier, the American Innovation Project, an “educational nonprofit” launched in August with backing from the Solana Policy Institute, Paradigm, Kraken, Coinbase, Andreessen Horowitz, DCG, Uniswap, and the Cedar Innovation Foundation pro-crypto dark money group [I91] hosted a private dinner with members of the House Ways and Means Committee and various other pro-crypto Congresspeople to discuss crypto tax policy. As a 501(c)(3), the AIP is prohibited from making a “substantial part of its activities ... attempting to influence legislation”.43 But while many of the AIP’s same backers have directly lobbied President Trump, and the Solana Policy Institute, Paradigm, and Kraken have spent a combined $5.25 million on lobbying around crypto tax issues since 2024,44 the AIP insists that the dinner was purely educational.41
Days earlier, the American Innovation Project, an “educational nonprofit” launched in August with backing from the Solana Policy Institute, Paradigm, Kraken, Coinbase, Andreessen Horowitz, DCG, Uniswap, and the Cedar Innovation Foundation pro-crypto dark money group [I91] hosted a private dinner with members of the House Ways and Means Committee and various other pro-crypto Congresspeople to discuss crypto tax policy. As a 501(c)(3), the AIP is prohibited from making a “substantial part of its activities ... attempting to influence legislation”.43 But while many of the AIP’s same backers have directly lobbied President Trump, and the Solana Policy Institute, Paradigm, and Kraken have spent a combined $5.25 million on lobbying around crypto tax issues since 2024,44 the AIP insists that the dinner was purely educational.41
In elections and political influence
As the market structure bill plods along, the crypto industry is already eyeing its next punchlist item: tax policy. The Solana Policy Institute penned a letter to President Trump on November 20 urging him to “promote tax clarity for the digital asset economy and American people”, including by creating a de minimis exemption for crypto transactions below $600, making blockchain development eligible for the research and development tax credit, and delaying rules that would require digital asset transactions be reported to the IRS and FinCEN in the same way as cash. The letter also included other requests that the president could achieve with the “stroke of a pen”41 — that is, without needing to go through Congress — including creating defi “safe harbors and sandboxes”, pressuring the SEC and CFTC to create exemptions for crypto, directing FinCEN to carve out non-custodial crypto projects from the Bank Secrecy Act,e and pushing the Justice Department to dismiss the two remaining charges against Tornado Cash developer Roman Storm [I90]. The letter was signed by 62 crypto groups, including Paradigm, various Solana entities, Uniswap, and others.42
In elections and political influence As the market structure bill plods along, the crypto industry is already eyeing its next punchlist item: tax policy. The Solana Policy Institute penned a letter to President Trump on November 20 urging him to “promote tax clarity for the digital asset economy and American people”, including by creating a de minimis exemption for crypto transactions below $600, making blockchain development eligible for the research and development tax credit, and delaying rules that would require digital asset transactions be reported to the IRS and FinCEN in the same way as cash. The letter also included other requests that the president could achieve with the “stroke of a pen”41 — that is, without needing to go through Congress — including creating defi “safe harbors and sandboxes”, pressuring the SEC and CFTC to create exemptions for crypto, directing FinCEN to carve out non-custodial crypto projects from the Bank Secrecy Act,e and pushing the Justice Department to dismiss the two remaining charges against Tornado Cash developer Roman Storm [I90]. The letter was signed by 62 crypto groups, including Paradigm, various Solana entities, Uniswap, and others.42
The Infinite Money Glitch is Broken!
 Abbreviations Used Frequently In These Chats 
 ┏━━━━━━━━━━━━━━━━━━━━━┳━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━┓ 
 ┃ Abbreviation ┃ Translation ┃ 
 ┡━━━━━━━━━━━━━━━━━━━━━╇━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━┩ 
 │ AD │ Abu Dhabi │ 
 │ Barak │ Ehud Barak (Former Israeli prime minister) │ 
 │ Barrack │ Tom Barrack │ 
 │ BG │ Bill Gates │ 
 │ Bill │ Bill Gates │ 
 │ Brock │ Brock Pierce │ 
 │ DB │ Deutsche Bank (maybe??) │ 
 │ HBJ │ Hamad bin Jassim (Former Qatari prime minister) │ 
 │ Jabor │ "an influential man in Qatar" │ 
 │ Jagland │ Thorbjørn Jagland │ 
 │ Jeffrey Wernick │ Right wing crypto bro │ 
 │ Hoffenberg │ Steven Hoffenberg (Epstein's ponzi scheme partner) │ 
 │ KSA │ Kingdom of Saudi Arabia │ 
 │ Kwok │ Chinese criminal Miles Kwok AKA Miles Guo AKA Guo Wengui │ 
 │ Mapp │ Kenneth E. Mapp (VI Governor) │ 
 │ Masa │ Masayoshi Son (Softbank) │ 
 │ MBS │ Mohammed bin Salman Al Saud (Saudi ruler) │ 
 │ MBZ │ Mohamed bin Zayed Al Nahyan (Emirates sheikh) │ 
 │ Jared │ Jared Kushner │ 
 │ Miro │ Miroslav Lajčák │ 
 │ Mooch │ Anthony 'The Mooch' Scaramucci (Skybridge crypto bro) │ 
 │ Terje │ Terje Rød-Larsen │ 
 │ Woody │ Woody Allen │ 
 │ Zug │ City in Switzerland (crypto hub)
Abbreviations Used Frequently In These Chats ┏━━━━━━━━━━━━━━━━━━━━━┳━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━┓ ┃ Abbreviation ┃ Translation ┃ ┡━━━━━━━━━━━━━━━━━━━━━╇━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━┩ │ AD │ Abu Dhabi │ │ Barak │ Ehud Barak (Former Israeli prime minister) │ │ Barrack │ Tom Barrack │ │ BG │ Bill Gates │ │ Bill │ Bill Gates │ │ Brock │ Brock Pierce │ │ DB │ Deutsche Bank (maybe??) │ │ HBJ │ Hamad bin Jassim (Former Qatari prime minister) │ │ Jabor │ "an influential man in Qatar" │ │ Jagland │ Thorbjørn Jagland │ │ Jeffrey Wernick │ Right wing crypto bro │ │ Hoffenberg │ Steven Hoffenberg (Epstein's ponzi scheme partner) │ │ KSA │ Kingdom of Saudi Arabia │ │ Kwok │ Chinese criminal Miles Kwok AKA Miles Guo AKA Guo Wengui │ │ Mapp │ Kenneth E. Mapp (VI Governor) │ │ Masa │ Masayoshi Son (Softbank) │ │ MBS │ Mohammed bin Salman Al Saud (Saudi ruler) │ │ MBZ │ Mohamed bin Zayed Al Nahyan (Emirates sheikh) │ │ Jared │ Jared Kushner │ │ Miro │ Miroslav Lajčák │ │ Mooch │ Anthony 'The Mooch' Scaramucci (Skybridge crypto bro) │ │ Terje │ Terje Rød-Larsen │ │ Woody │ Woody Allen │ │ Zug │ City in Switzerland (crypto hub)
[06/18/19 06:28:46 AM] Epstein: How dare you refer to your sweetheart by such a phrase. Shame on you , boy I've been 
having fun with this
[06/18/19 06:29:18 AM] Epstein: If I were you. Id sign that dollar quickly. As the interest expense is getting very very
high
[06/18/19 06:30:37 AM] Epstein: All I need to say. Is " its so beautiful - he shares the same view of you " and Lucifer 
will look like mother Theresa
[06/18/19 06:32:24 AM] Epstein: Do you think when she wakes up in the morning she looks a little like Donald
[06/18/19 06:32:35 AM] Epstein: Sam jowls
[06/18/19 06:32:39 AM] Epstein: Same
[06/18/19 06:33:39 AM] __________________: Scary
[06/18/19 06:33:47 AM] Bannon (?): Too much coke
[06/18/19 06:37:46 AM] Epstein: Too much ugly
[06/18/19 06:37:57 AM] Epstein: Miro ?
[06/18/19 06:38:15 AM] Epstein: Im meeting council of Europe head thurs. to push
[06/18/19 11:18:08 AM] Bannon (?): Working miro
[06/18/19 12:22:42 PM] Bannon (?): Shanahan blown up by CCP
[06/18/19 12:30:15 PM] Bannon (?): Did you watch Chernobyl yet???
[06/18/19 12:31:11 PM] Bannon (?): Have you read 'in the closet of the Vatican ' yet
[06/18/19 12:32:48 PM] Epstein: Yes no yes
[06/18/19 12:33:21 PM] Epstein: June 26 for chernobyl
[06/18/19 12:39:54 PM] Bannon (?): Dude-- I thought u were global player-- sean will get to u
[06/18/19 12:39:57 PM] Bannon (?): Today
[06/18/19 12:40:50 PM] Bannon (?): You are now exec producer of 'ITCOTV'
[06/18/19 12:41:20 PM] Epstein: Porn
[06/18/19 06:28:46 AM] Epstein: How dare you refer to your sweetheart by such a phrase. Shame on you , boy I've been having fun with this [06/18/19 06:29:18 AM] Epstein: If I were you. Id sign that dollar quickly. As the interest expense is getting very very high [06/18/19 06:30:37 AM] Epstein: All I need to say. Is " its so beautiful - he shares the same view of you " and Lucifer will look like mother Theresa [06/18/19 06:32:24 AM] Epstein: Do you think when she wakes up in the morning she looks a little like Donald [06/18/19 06:32:35 AM] Epstein: Sam jowls [06/18/19 06:32:39 AM] Epstein: Same [06/18/19 06:33:39 AM] __________________: Scary [06/18/19 06:33:47 AM] Bannon (?): Too much coke [06/18/19 06:37:46 AM] Epstein: Too much ugly [06/18/19 06:37:57 AM] Epstein: Miro ? [06/18/19 06:38:15 AM] Epstein: Im meeting council of Europe head thurs. to push [06/18/19 11:18:08 AM] Bannon (?): Working miro [06/18/19 12:22:42 PM] Bannon (?): Shanahan blown up by CCP [06/18/19 12:30:15 PM] Bannon (?): Did you watch Chernobyl yet??? [06/18/19 12:31:11 PM] Bannon (?): Have you read 'in the closet of the Vatican ' yet [06/18/19 12:32:48 PM] Epstein: Yes no yes [06/18/19 12:33:21 PM] Epstein: June 26 for chernobyl [06/18/19 12:39:54 PM] Bannon (?): Dude-- I thought u were global player-- sean will get to u [06/18/19 12:39:57 PM] Bannon (?): Today [06/18/19 12:40:50 PM] Bannon (?): You are now exec producer of 'ITCOTV' [06/18/19 12:41:20 PM] Epstein: Porn