30 Apr 2025

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Hot Crypto Topics on X Today: MetaLawMan Sues U.S., XRP ETFs Launch, & More

ames Murphy (MetaLawMan) on the cover with the X logo. The Coinomist

Today, crypto lawyer James Murphy, known as MetaLawMan on X, announced that he is suing the U.S. government over documents related to Satoshi Nakamoto’s identity.

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Crypto discussions on X/Twitter today cover the lawsuit MetaLawMan filed against the U.S. government, as well as topics like the launch of XRP ETFs, market sentiment, and analytics.

Here’s a recap of five of the most popular crypto discussions on X today to keep you in the loop.

1. @MataLawMan Seeks Documents Concerning Satoshi Nakamoto’s Identity

Lawyer and crypto investor @MetaLawMan – real name James Murphy – today announced his goal to reveal the answer to who Satoshi Nakamoto is, the mysterious creator of Bitcoin.

Murphy says he filed a Freedom of Information Act (FOIA) lawsuit against the U.S. Department of Homeland Security (DHS), claiming it holds information about the Bitcoin creator.

According to @MetaLawMan, in 2019, a DHS agent publicly stated they interviewed Nakamoto in person and learned that three other people were involved in Bitcoin’s creation.

Via the suit, Murphy asks for notes, emails, and other documents relating to the alleged interview. He also encouraged DHS Secretary Kristi Noem to disclose the requested information.

At the same time, MetaLawMan doesn’t exclude the possibility that the DHS agent was mistaken and that the DHS did not interview the real Satoshi. In any case, he seeks answers.

Replying to the post, blockchain investigator ZachXBT said the identity of Satoshi Nakamoto doesn’t need to be disclosed, blaming MetaLawMan for seeking attention and clicks.

At the end of his post, the author said he would share updates on the MetaLawMan vs U.S. government case.

2. Declining Developer Activity Is Crypto’s Real Problem, Says Binji

According to Optimism contributor Binji Pande (@binji_x), the most important crypto chart right now is developer activity.

He considers it one of the clearest signals of the sector’s long-term health, but based on data from Artemis, developer activity is significantly down from its peak.

“We all know there isn’t much to do onchain today. and we also know that those building real foundations rarely get the spotlight”, Binji writes.

To change course, he argues that the industry needs more than just developers – it needs stronger support for them. That includes teams thinking about full product experiences, a focus on usable primitives over flashy mechanisms, and people helping projects reach real users.

Pande expresses optimism about the rise of more “opinionated ecosystems” — builders and incubators that guide apps from zero to one and understand that adoption isn’t automatic. It has to be earned – “the hard way, the gritty way, the door-to-door way”.

3. Meanwhile, Marco Sentori Announces New Project

Despite the decline in building activity, the crypto sector continues to progress with new launches.

Today, Kraken advisor Marco Santori introduced his new project, called DefiDevCorp, a public crypto company that will be like “MicroStrategy for everything else,” starting with a focus on Solana.

This means the company aims to build a crypto treasury reserve, accumulating SOL and other cryptocurrencies.

Top-tier investors like Pantera Capital, Arrington Capital, and Protagonist also joined early, seeding the company with over $40 million.

4. NYSE Approves 2x Leveraged XRP ETFs: John Squire Is Optimistic about the Future

Crypto influencer and XRP advocate John Squire (@TheCryptoSquire) shared the news of the New York Stock Exchange (NYSE) approving two XRP ETFs by Teucrium.

As for the Spot XRP ETFs, they haven’t been approved yet.

Teucrium’s XRP ETF, launching on April 8, 2025, targets active traders with a 1.85% expense ratio, reflecting growing Wall Street interest in crypto after the SEC dropped its Ripple Labs probe.

5. Matt Huang Is More Bullish on Crypto Than Ever

Paradigm Co-founder and Managing Partner Matt Huang recently shared that he was interviewed by Colossus Review.

Huang and Fred Ehrsam co-founded Paradigm, a $12 billion firm, in June 2018. They were driven by two core beliefs: 

  • Crypto would be a major technical and economic shift in the coming decades, 
  • The space lacked investors who were truly ‘crypto-native’—the type they would have wanted as entrepreneurs.

In the interview, Huang mentioned that despite the current drop, he’s more bullish on crypto than ever.

Prices are down, but with a long-term perspective, that doesn’t bother us,

he says.

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