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Interview of the Founder of Copper, Dmitry

Interview of the Founder of Copper, Dmitry

Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed lights on Europe and how exciting the ecosystem is. This section aims to give the opportunity to present some of the best 🇪🇺 founders. Most people love their products but don’t know who are behind them.

Background: I have met Dmitry, almost a year ago. He is one of the most impressive founder I have met building a prime brokerage solution in London. The attention to details and strong UI / UX make Copper an outlier in a world of clunky dashboard.

Hi Dmitry, you recently won the best digital asset custody award at Hedge Fund Services Awards but is who is behind Copper, Can you share a bit about your background?
I studied software engineering at university, followed by degrees in financial engineering and business. I then spent time as quant at a hedge fund designing algos, before going on to be CTO and partner at a London-based asset manager.

How did you get into the bitcoin and blockchain industry?
I’d dabbled in crypto for years, but it wasn’t until we were looking for a digital asset custodian to service a fund we set up that it became apparent there was such an enormous gap in the market. And not just on the product side; there was a complete lack of information for institutional investors about how to store digital assets, and why their storage requirements were fundamentally different from, say, gold. Likewise, there was a lack of information in the crypto community about how to communicate the opportunities to traditional finance people. They fundamentally didn’t understand the infrastructure institutional investors need. Once we built the technology the next difficult task was finding the common language to bridge this divide between legacy finance and fin-tech.

What is the vision of Copper? What makes it special?
Copper is building the infrastructure that will underpin a radical shift in financial services. We facilitate investing in a faster, safer, and more transparent way. What makes us different? Instead of talking about how we’re going to do it in some generic white paper, we’re actually doing it. We built our product, we listen to client feedback, and we continue to evolve our offering as quickly as the market demands it. This is how we are able to take a stand-alone custody application and enable T-0 settlement for OTC customers. It’s all possible, and it’s all happening right now.

Who is your target audience?
Institutional investors ranging from funds, family offices, private banks, and HNWIs.

What are your thoughts on the crypto European ecosystem?
It’s probably the most advanced at the moment, in terms of stability and how permissive the regulatory environment is. But like anything in crypto, that could change at a moment’s notice.

Anything to add?
We’re always interested in talking to like-minded individuals; especially investment managers who would like to use products designed for their needs, rather than ones cobbled together from retail offerings.

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Published at Sun, 12 May 2019 12:17:09 +0000

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Lyn Ulbricht: Ross’s Latest Appeal About “Constitutional Protections and Freedoms for Us All”

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In May of 2015, Ross Ulbricht was sentenced to life in prison without parole for his role in operating the dark web site Silk Road. Exactly two years later, the Court of Appeals for the Second Circuit upheld his conviction and sentencing.

Now in a landmark request, Ulbricht has appealed to the the Supreme Court (SCOTUS) regarding the Second Circuit’s decision. A petition for a writ of certiorari has been submitted seeking a hearing for the overturn of the decision upheld this year by the Second Circuit Court of Appeals.

Ross William Ulbricht respectfully petitions for a writ of certiorari to review the judgment of the United States Court of Appeals for the Second Circuit in this case.

A writ of certiorari is a demand placed upon the lower court that upheld Ulbricht’s conviction and sentence to turn over its records so that the Supreme Court may review them and determine whether further action is needed.

The nine-member Supreme Court, which serves as the nation’s final arbiter in legal matters, is very selective in the cases it hears, often pursuing those with national significance in order to establish precedence or to clarify contradictions in existing decisions. Four of the justices must vote to accept a case in order for it to be heard.

The SCOTUS has a low reversal rate in Second Circuit Court rulings. Thus, even if the case is ultimately heard, there’s no guarantee that Ulbricht will receive relief or be vindicated.

Kannon K. Shanmugam is the counsel of record managing the appeal. Widely regarded as one of the top appellate attorneys in the U.S., Shanmugam was a former law clerk to the late Justice Antonin Scalia and has argued 21 cases before the Supreme Court.

Ulbricht’s court request highlights two important constitutional law questions. The first involves the Second Circuit codification of the government’s warrantless collection of Ulbricht’s internet traffic information. This case would afford the SCOTUS an ideal opportunity to address the Carpenter v. United States warrantless search case doctrine and how it may apply to Ulbricht’s case.

Second, the Second Circuit upheld the court’s original decision to withhold information regarding corruption investigations into two agents from the jury. This decision impacted the sentencing guidelines — a key element in the court imposing a life sentence on Ulbricht. Several justices have previously questioned whether this method of judicial fact-finding runs afoul of the Sixth Amendment.

Reached by phone from Colorado, where she now resides and where Ulbricht is imprisoned, Ulbricht’s mother, Lyn Ulbricht, said, “We are battling for Ross, love Ross and feel that he doesn’t belong in prison, let alone a maximum-security facility. He’s a nonviolent, wonderful person that never meant any harm to anyone.”

She asserts that the U.S. government’s aggressive stance involving the drug war and nonviolent crimes has become quite alarming and believes that if the Supreme Court accepts her son’s case, it will have far-reaching implications for constitutional protections of all citizens.

Lyn Ulbricht says that she’s grateful for the massive outpouring of support on Twitter in response to this Supreme Court filing. “We’ve received lots of support from everyday people who know that this is not about drugs but about a much bigger-picture issue.”

She hopes that this case will shine a light on the unconstitutional encroachment of our government and the media sensationalism that supports it.

“I’m not going to give up, and our family is not going to give up. This is about important constitutional protections and freedoms for us all. So we will continue to talk about Ross and our rights as American citizens.”

The post Lyn Ulbricht: Ross’s Latest Appeal About “Constitutional Protections and Freedoms for Us All” appeared first on Bitcoin Magazine.

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