LEGAL

Our co-founder lawsuit settled for $157.5 million. Most expensive fraternity argument in history.

I didn't steal funds. I made risk management mistakes. There's a difference.

Lawyers bill $1,000 an hour to read documents. AI can read them in seconds. The math is so obvious it's almost embarrassing that it took this long.

I was a corporate lawyer at O'Melveny. I spent 80% of my time on work that didn't require being a lawyer. Research, document review, drafting boilerplate. Harvey does that 80%.

I was a research scientist at DeepMind and Meta AI. Winston was a lawyer. The combination sounds weird until you realize legal AI needs both — someone who understands the models and someone who understands the law.

Lawyers are the most skeptical users on earth. If the AI hallucinates once — once — they'll never use it again. Accuracy isn't a feature. It's the only thing that matters.

Allen & Overy, one of the five biggest law firms on earth, deployed Harvey across the entire firm. That wasn't a pilot. That was a signal to every law firm in the world.

Getty Images sued us for using their photos to train Stable Diffusion without permission. Artists were furious. I understand why. But AI training on public data is how every model works. We just got caught in the crossfire first.

Texans fought us in court for years. The Texas Medical Board tried to ban telehealth entirely. We won. In court. Against the state of Texas. That legal fight defined the industry.

The SEC suing us over MetaMask is essentially suing the concept of a software wallet. If a wallet is a broker, then a web browser is a publisher. The legal theory doesn't hold up.

The SEC sued us in 2020 and we decided to fight instead of settling. Three years and millions in legal fees later, we got a ruling that XRP is not a security on exchanges. Some fights are worth fighting.

Fantasy sports is a game of skill. The courts agree. That distinction is everything for our business.

I have not stolen a single rupee. This is a business failure, not a fraud.

The Bank of Uganda acted illegally and we will prove that in every court available to us.

Litigation is not a last resort for me. It is a business strategy. If someone owes you money, you fight for it.

We didn't settle with the SEC early because we believed we were right. Walking away from that fight would have set a terrible precedent for the entire crypto industry.

It's a great way to do some housekeeping.

I plan to resume my business career.