Search results for tag #crypto
@anhdres personally, I think any other #Cryptocurrencies eare just #Shitcoins.
- "#Monero or GTFO!" is my motto in terms of #Cryptocurrency...
Mike Brock addresses his "former friends in crypto and tech," who have inordinate influence on media framing and who affect not to know the extent of protest now against the Trump regime:
I wanted to address my former friends in crypto and tech directly. The ones who said I had Trump derangement syndrome. Who said Kamala would be worse."
#media #Trump #MAGA #TechBros #EconomicElites #greed #SiliconValley #broligarchy #crypto
/3
https://www.notesfromthecircus.com/p/it-was-about-your-money
"Who claimed Trump was the peace president who doesn’t believe in war. You didn’t support Trump because of pronouns, cancel culture, or Hunter Biden’s laptop. You supported him because you were worried Kamala would regulate you. Because you were mad at Lina Khan. It was about your pocketbook. You chose greed, and now Americans are being gunned down in the streets by the man you called the lesser evil."
#media #Trump #MAGA #TechBros #EconomicElites #greed #SiliconValley #broligarchy #crypto
/4
"Do I really want people like you—hanging out on beaches in El Salvador, not giving a shit about this country—to be the richest people in the world when the system collapses? Fuck that.
I’m still open to apologies. You have my number. I await your call."
#media #Trump #MAGA #TechBros #EconomicElites #greed #SiliconValley #broligarchy #crypto
/5
The crypto industry's bet on Trump is collapsing in real time.
Charles Hoskinson—Ethereum co-founder and Cardano creator who vocally supported Trump in 2024—now says Trump made US crypto "worse than under Biden." He's demanding Trump's crypto czar resign and claims he personally lost $2.5B.
What happened?
• Trump's $TRUMP memecoin crashed 80%, destroying bipartisan support for legislation
• The CLARITY Act (crypto's key regulatory bill) is stalled in Senate
• Most crypto tokens fell 40-50% since Trump took office
• Record government shutdown paralyzed Congressional work
The irony: crypto leaders courted Trump expecting a boom. Instead they got memecoins, political toxicity, and legislative gridlock.
Hoskinson's assessment is devastating: "We thought the government would pump our bags. Instead they pulled a rugpull scam on us."
@molly0xfff has been tracking crypto's Trump pivot—and now the retreat: https://hachyderm.io/@molly0xfff/113816642891387994
📰 https://www.livebitcoinnews.com/cardano-founder-slams-trump-over-u-s-crypto-policy-shift/
#crypto #cryptocurrency #Trump #CLARITY #regulation #Ethereum #Cardano
I've mentioned this before, but one thing I've been closely watching for is when crypto people begin to distance themselves from Trump.
November 2024 vs. January 2026
#USpol #USpolitics #crypto #cryptocurrency
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Cardano founder Charles Hoskinson has also clearly been trying to woo Trump, claiming very shortly after the election that he was “going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate with other key leaders in industry the crypto policy”.6 While he has continued to boast vaguely about meetings with various influential figures, winkingly describing a “VIP dinner” where “diet coke will certainly be on [the menu]”, there’s been little outside confirmation that he’s had much access to the Trump administration.
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Cardano creator Charles Hoskinson said U.S. President Donald Trump's administration has put the American crypto industry in a worse position than it was under Trump's predecessor, former President Joe Biden.
@GhostOnTheHalfShell @cryptadamist The 3rd rat-themed act of #EricAdams in #NewYork is further evidence that the ‘Oracle of Omaha’ is clairvoyant.
“#Bitcoin (and other #crypto currencies) is like rat poison squared.” - Warren Buffett
🚨 New research: A malicious Chrome Web Store extension is stealing newly created #MEXC API keys and exfiltrating them to a Telegram bot, enabling full account takeover with trading and withdrawal rights.
Details → https://socket.dev/blog/malicious-chrome-extension-steals-mexc-api-keys #crypto
Yay!
I got SmartCard authentication with PKINIT/Kerberos working in my home-network/home-lab 🙂
RSA key safely stored on the smartcard, getting a ticket granting ticket (TGT) from the KDC and then authenticating to an SSH host via GSSAPI/Kerberos..
Total overkill for a home-lab? Absolutely! But it's always amazing to learn something new and to have hands-on experience.
Client: Fedora 43 KDE Edition
KRB Realm: FreeIPA on Fedora Server
Remote-Server: FreeBSD 15.0-RELEASE machine (krb5 enrolled).
#linux #smartcard #authentication #ssh #gssapi #kerberos #crypto
fascinating history of the rise and fall of one of the world's top scam lords operating out of #Cambodia, Prince Group CEO Chen Zhi.
Zhi was just arrested and extradited (to china) and the US government seized $13 billion worth of his #bitcoin a few months ago (China got the man, US got the bitcoins).
#PrinceGroup and the massive cyberscam slave compounds Chen Zhi operated are among the biggest users of #Tether's #stablecoin #USDT on Trump business partner #JustinSun's blockchain #Tron.
https://huangyan.substack.com/p/the-rise-and-fall-of-chen-zhi
#ChenZhi #PrinceGroup #HuionePay #HuioneGuarantee #crypto #uspol #vietnam #Myanmar #infosec #scam #scams #fraud #corruption #asean
🆕 blog! “Where is Bitcoin?”
Happy Birthday Bitcoin! At the risk of awakening long-dormant beasts, it looks like Bitcoin has failed for day-to-day transactions. So I've a simple question to ask - can you meaningfully spend any cryptocurrency in your city centre?
A few months ago, my wife and I went on a 30 day Interrail holiday across Europe. 10 countries, over a dozen cities, making over a…
👀 Read more: https://shkspr.mobi/blog/2026/01/where-is-bitcoin/
⸻
#bitcoin #crypto #money
Peter Thiel and Howard Lutnick’s “free speech” video and cloud services platform Rumble has launched its new Tether powered in-app money laundering crypto¹ payments system and a truly impressive array of rightoid freaks, conspiracy theorists, russian influence peddlers, and sex pests is here to tell you about it.
¹ i think you can now pay your spies send tips via Tether USDT, bitcoin, and (i think) “Tether Gold” (XAUT).
#PeterThiel #Thiel #Broligarch #HowardLutnick #Tether #RUM #Rumble #youtube #cloud #cloudservices #rightoid #Tether #bitcoin #crypto #USDT #XAUT #russia #timpool #russellbrand #AlexJones
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Tweet by Alex Jones: "This is a HUGE game changer!"
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Tim Pool
- @Timcast
Not only is your account safe from third party pressure but it allows
regular people to easily trade USD, Gold, and Bitcoin
Its bringing crypto to a normie market, easier to trade and understand
Its the next big step needed to help regular people use bitcoin on a daily
basis
Chris Pavlovski 2 & BB @chrispavlovski - 3h
If its not clear, I'll make it really clear.
Rumble Wallet will compete directly against Coinbase and Venmo -- but we're
NOT custodial and we CANNOT shutdown your account. Its true financial
freedom to buy, hold and tip crypto....
8:51 AM - Jan 7,2026 - 73.8K Views
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Russell Brand
“WAGMI” — we're all gonna make it — was crypto's 2021 rallying cry. But those with wealth and power knew it was a lie, and that “all” just meant them. My latest traces the last five years from hype to technoligarchy — and why they're not all gonna make it either.
reminder that #crypto touches pretty much every story in the news these days, including recent events in #Venezuela
#Maduro and #PdVSA have been using #Tether #USDT to avoid american sanctions and sell #oil to #Russia and whoever else for years.
#HowardLutnick #LUtnick #uspol #stablecoin #corruption #Putin #sanctions #SanctionsEvasion
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47. As a further part of the money laundering scheme, the defendants
YURY OREKHOV, JUAN FERNANDO SERRANO PONCE and JUAN CARLOS SOTO
also consummated a transaction involving 500,000 barrels of Venezuelan oil from PDVSA |
2021, SERRANO wrote OREKHOV that he [SERRANO] had “just finished with [PDVSA’s
Vice President for Trading and Supply]. You will be berthing tomorrow . . . on Wednesday
we have to pay 50%. They want to increase $.50 per barrel . . can you transfer USDT?”
OREKHOV confirmed, “[O]k. 35.5 USDT yes . . . should it be 100% USDT? Or can some
part be cash as well?” SERRANO responded that he knew of “one guy who can give us
cash against USDT.” A “recap” document and loading instructions for the 500,000 barrels
at “34.00 USD/BBL” was later sent to OREKHOV. The next day, OREKHOV told
SERRANO:
"Trump’s real base of support — the billionaires, Big Oil, Big Tech and AI, Big Crypto, defense contractors, and Wall Street — know that the midterm elections may limit what they and Trump can get away with starting a year from now.
So, 2026 could be the last year they can cash in. This means they’re likely to loot America even more this year than in 2025."
~ Robert Reich
#Trump #Venezuela #EconomicElites #oil #TechBros #crypto #AI #broligarchy
/13
https://robertreich.substack.com/p/sunday-thought-the-looting
"Big Oil just cashed in big. By taking over Venezuela, Trump effectively gave America’s biggest oil companies the world’s largest proven oil reserves — estimated at around 303 billion barrels, roughly one-fifth of total global oil reserves.
It’s part of the deal he struck with Big Oil in the 2024 campaign, when it agreed to back him in return for his rolling back environmental regulations."
#Trump #Venezuela #EconomicElites #oil #TechBros #crypto #AI #broligarchy
/14
"Big Oil has continued the gusher — contributing to his ballroom, his PAC, and his investments. Ditto Big Tech and AI, Big Crypto, the biggest banks, biggest defense contractors, and so on."
#Trump #Venezuela #EconomicElites #oil #TechBros #crypto #AI #broligarchy #ballroom
/15
The LastPass breach is the gift that keeps on giving… its data was used to syphon money out of crypto wallets.
https://www.bleepingcomputer.com/news/security/cryptocurrency-theft-attacks-traced-to-2022-lastpass-breach/
- - -
La brèche chez LastPass est le cadeau empoisonné… Ses données ont été utilisées pour siphonner les fonds dans les portefeuilles de cryptomonnaies.
// Article en anglais //
Remember when technology was going to save us. Of course it wasn't because our problems are not technological but sociological. But at least the technology industry was trying to solve actual problems.
Now the so-called high tech industry focuses on wasting water, energy and computing power to to solve meaningless mathematical problems that have no practical benefit and pretend that creates value and hope that enough people will buy their pretend money to make them rich. Then they go on to waste more water, energy and computing problem to use all the garbage on the Internet to teach software machines to provide inaccurate answers to people's questions that sound like a human was writing (or speaking) the answer, as if that mattered more than the accuracy of the answer. But they hope that will make them even richer and that is all that matters.
LibreOffice 25 - durchdachte Schwärzungsfunktion mit Extras
Um sensible Daten in Dokumenten zu schützen, greift man oft zu den bekannten "schwarzen Balken". Aber, wie in diesen Tagen die Epstein-Files zeigen, kann der Text trotzdem lesbar bleiben. LibreOffice ab Version 25 liefert für derartige Zwecke eine durchdachte Funktion.
#LibreOffice #Crypto #Textverarbeitung #PDF #FOSS #Datenschutz #Linux
Jetzt gibt es #Crypto - #Scam #Bot 's !
#mastodon #fedi #fediverse #betrug #cryptoisascam
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Ryan Tucker
@[email protected]
Persönliche Notiz
I'm pleased with the man I have grown to become
I'm an experienced crypto trader with a passion for helping others get started in the world of digital assets. With a deep understanding of market trends and trading strategies, I work with trusted platforms to bring the best opportunities to my community. Whether you're new to crypto or looking to expand your portfolio, I’m here to guide you every step of the way. Let’s unlock the potential of crypto together!
Here are several, including a crypto list.
https://github.com/blocklistproject/Lists?tab=readme-ov-file#available-lists
#public #OpenSource #banlist #OSINT #database #Bitcoin #Shitcoins #monitor #block #ban #cyberfascist #Chainalysis #IntegraFEC #TSV #Shitcoin #Cryptocurrency #Crypto #Fraud #Investigating #Investigations
RedTeamCoin is a blockchain-based cryptocurrency mining pool implementation designed for authorized security testing (cryptomining attacks)🕵️♂️
I know a guy who spent hours playing the stock market during the dot-com boom. He invested in every buzz word company in the news. He became a millionaire!
On paper. In December.
Then came the crash, and he couldn't sell. He lost everything. Wiped out.
The IRS came calling to collect taxes on all of his dot-com wealth from the year before. Well, he said, I'm wiped out! Too bad, they said, you owe us for that year. Pay up!
They were brutal.
Say, kids, how many of you are invested in AI or crypto in December, 2025?
#BestOf2025: “Texas’ grid is still very fragile. The improvements made so far by the state are inadequate for what’s coming. [The #crypto industry isn’t] interested in investing in alternative #energy. They want a lot of energy, a lot of electricity, right now, which means burning fossil fuels. The industry creates an enormous carbon footprint. Climate change is real.” https://www.texasobserver.org/the-crypto-racket/
Announcing hardware-accelerated BitLocker:
#crypto #cybersecurity #infosec #informationsecurity #hacking #bitlocker
Solo VS Pool Bitcoin Mining – BEST Option Explained https://www.bocvip.com/1135999/solo-vs-pool-bitcoin-mining-best-option-explained/ #BestBitcoinMiningPool #BestBitcoinSoloMiningPool #bitcoin #BitcoinMiningPool #BitcoinPoolMining #BitcoinSoloMining #btc #crypto #cryptocurrency #CryptocurrencyMining #currency #HowToSoloMineBitcoin #MiningFarm #MiningProfitability #SoloMiningOrPoolMiningEarnMore #SoloVsPool #SoloVsPoolMining #sololuck #VoskCoin #VoskcoinBitcoinCalculator #VoskcoinMiningCalculator
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Solo VS Pool Bitcoin Mining - BEST Option Explained
Top DOJ Official Shut Down Enforcement Against Crypto Companies While Holding More Than $150,000 in Crypto Investments
---
The second-highest official at the DOJ, Todd Blanche rose to prominence as Trump’s personal defense attorney. His actions violated the federal conflicts of interest law and his ethics agreement, experts told ProPublica.
https://www.propublica.org/article/todd-blanche-crypto-doj-trump?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #DOJ #Ethics #Crypto #Law #Transparency #Stocks #Trump #USPolitics
What was and still is at stake is the balance between technology and humanity struck by the US federal government. The same incoherence that led us to where we are with crypto is almost surely also at play with the apparent lack of movement around generative AI.
#USPol #democrats #DemocraticParty #crypto #cryptocurrency #StableCoins #ShadowBanking #regulation #AI #GenAI
Big Tech is getting more and more involved in politics. During the last US election, Crypto bros spent more than $100 million on the election, which got some of them out of jail. Now Big Tech is active again, this time with focus on AI, as reported in this Washington Post article.
It is time to take a stand against companies that behave this way.
#politics #AI #elections #technology #crypto #Browser #Linux
https://www.washingtonpost.com/technology/2025/12/19/tech-super-pacs-midterms-ai/
"Silicon Valley venture capitalists are now quoting scripture—and Christian nationalists are now pitching network state cities. So you know things are getting bizarre. But here's the thing: It makes perfect sense because it's a strategy, and it's spelled out in black and white.
In his book, The Network State: How to Start a New Country, Balaji Srinivasan identifies evangelical Christians as followers of the so-called "Red God"—right-wing Republicans who will ally with his gray tribe of tech billionaires.
Together, they'll crush Democrats, democracy, and the nation state. It's a clinical, almost contemptuous framing of Christianity as a political weapon. But it works because both Christian nationalism and tech fascism share the same playbook: seize the pillars of democratic society and replace them with parallel alternatives, all run by authoritarian elites. The Christian nationalists call it the Seven Mountains mandate—taking over government, media, education, business, arts, family, and religion.
The tech authoritarians call it replacing the cathedral with parallel institutions. Different language, same goal: elite minority rule and the end of democracy as we know it. Today on the Nerd Reich podcast, we expose how this alliance actually works.
I'm joined by Matthew Boedy, author of the definitive book on the Seven Mountains mandate, who explains how figures like Charlie Kirk and other religious extremists have been systematically organizing this takeover.
And Mother Jones reporter Kiera Butler takes us inside Highland Rim—a proposed settlement on the Tennessee-Kentucky border that's basically a network state for Christian nationalists. It comes complete with crypto and investments from the same venture capital networks funding Silicon Valley's dreams of exiting democracy."
https://www.thenerdreich.com/jd-vances-theo-bro-network-silicon-valley-meets-god/
#SiliconValley #Nationalism #ChristianNationalism #NetworkStates #Religion #Crypto
It seems like it has been a long time since we all held hands and got along. The progress of an accepted QKD standard will show us how fall we may have fallen.
https://www.darkreading.com/endpoint-security/securing-future-building-quantum-safe-networks-today
Weak crypto regulation is creating new pathways for rogue states like North Korea and Russia and militant groups like Hamas to finance weapons programs.
https://theconversation.com/how-rogue-states-are-capitalizing-on-gaps-in-crypto-regulation-to-finance-weapons-programs-269060
#news #crypto
Q. is, as some contend, the UK being left behind on crypto-currencies & other crypto assets, with new facilitative regulations only like to come into force in around 18 months?
Or, is the UK's caution on this particular financial 'innovation' a sensible precaution?
Much will depend on whether you see development in crypto as pandering to speculators, gamblers & criminals, or the development of a financial system fit for the digital age?
#crypto #politics #economics
h/t FT
This is becoming embarassing.
Another one of my VPSs is fucked.
This time by a crypto miner virus.
It's only been up for 3 weeks. And the worst thing is, I've configured it to my template security VPS. So unless Grafana/Prometheus distros are compromised. I'm going to have to do a review from scratch...
...that or my endpoint is compromised which is a possibility I will not discount.
#threatintel #hosed #hacked #xmrigminer #grafana #prometheus #crypto
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Server dashboard showing cryptominer
"In the last five years alone, the wealthiest 20 Americans increased their net worth from $1.3 trillion to $3 trillion, Forbes reported. ...
The billionaires could have kept on like that forever. All they had to do was keep their mouths closed.
Today, billionaires are still flooding politics with their money and still reaping the benefits, but they won’t stop yapping about it."
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
/9
"No amount of auramaxxing can hide the new reality. Just six years ago, 69 percent of respondents to a Cato Institute poll agreed that billionaires 'earned their wealth by creating value for others.' An only slightly smaller majority agreed with the statement 'we are all better off when people get rich.' Today, one poll after another shows that Americans want the rich to be taxed at higher, even much higher rates."
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
/10
"The billionaires have only themselves to blame.
It’s as if the sheer scale of this wealth, which beggars even the riches of the Gilded Age, has induced a kind of class sociopathy. ...
According to the most recent edition of an annual Harris Poll, for the first time, a majority of Americans believe billionaires are a threat to democracy. A remarkable 71 percent believe there should be a wealth tax."
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
/11
"A majority believe there should be a cap on how much wealth a person can accumulate."
I propose that someone ask the billionaires who own and manage New York Times what they think about this impending shift in the fortunes of the super-rich who have thrown their weight behind Donald Trump and fascism.
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
/12
Crypto firms are lobbying Trump for tax carveouts. Meanwhile, a new 501(c)(3) they back hosted a private dinner with tax lawmakers — despite rules against “substantial” lobbying. Purely educational, of course.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
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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
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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
Meanwhile, Binance is all‑in on Trump’s USD1 — and just made Zhao’s partner Yi He co‑CEO. Zhao is banned from managing the company, but Binance and Zhao seems keen to honor only the most technical reading of that rule.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
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Since Zhao’s pardon, Binance has ramped up its support for the Trump family’s USD1 stablecoin. The exchange announced a set of new no-fee trading pairs for USD1, meaning that people can now exchange their bitcoin, ether, or various other tokens for USD1 without paying fees for the privilege. Binance has also announced it will convert all assets backing its BUSD stablecoin into USD1. According to BUSD’s latest attestation, that’s more than $55 million that will be converted to USD138 — generating millions of dollars in interest for World Liberty between now and the end of Trump’s term if they maintain those USD1 holdings for that duration.c
As for Zhao’s role at Binance, Trump’s pardon doesn’t nullify the stipulation in Binance’s plea agreement that Zhao be prohibited from “any present or future involvement in operating or managing [Binance]”.39d But since Zhao’s release from prison, it’s been clear he remains closely involved with Binance’s operations. Now his influence is even harder to dispute, as his partner in life, parenthood, and business, Yi He, has been named co‑CEO of the exchange.40 She is also the co-founder and namesake of Zhao’s family office, YZi Labs.
House Judiciary Committee Democrats have published a 27-page staff report on how “Donald Trump has turned the Oval Office into the world’s most corrupt crypto startup operation”.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
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Democrats on the House Judiciary Committee have published a 27-page staff report titled “Trump, Crypto, and a New Age of Corruption”. According to the report, Trump has amassed billions of dollars from crypto ventures “from the Oval Office by steering investment to his family firm, shielding his investors from federal fraud and securities investigations and prosecutions, bilking his political base, and degrading the federal agencies ordinarily responsible for investigating bribery and tracking known bad actors online.” Among other things, the report cites Trump’s pardon of Changpeng Zhao, which it links to Zhao’s and Binance’s help in promoting Trump’s World Liberty Financial project [I95]; political donations to Trump from companies who later saw cases and investigations from the SEC and DOJ dropped [QPQ]; and the tangled mess of apparent quid pro quo surrounding MGX, Binance, the Trump family’s USD1 stablecoin, and the Emirati AI chips deal [I93, 94].
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The report concludes, “[T]he information we do have clearly demonstrates that foreign actors and corporate interests are buying access to and favors from the President and members of his Administration by investing in his family’s cryptocurrency ventures and making large, and plainly politically motivated donations.”37 House Judiciary Committee Ranking Member Jamie Raskin (D-MD) issued a statement alongside the report:
“Donald Trump has turned the Oval Office into the world’s most corrupt crypto startup operation, minting staggering personal fortunes for him and his family in less than a year. ... America has never seen corruption on this scale take place inside the White House.”
Trump’s crypto mobile game is apparently launching in December. Spokespeople denied it would be anything like Monopoly Go! — which explains the real estate theme and Monopoly-like game board.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
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The Trump-themed crypto mobile game rumored in April to be under development by $TRUMP memecoin creator Bill Zanker [Empire] is now slated for a December release with the name Trump Billionaires Club. In April, a Zanker spokesperson denied the project was similar to Monopoly Go!, a microtransaction-infested mobile version of Monopoly,36 but the recent announcement by the $TRUMP memecoin social media account nevertheless shows a real estate-themed game played on a Monopoly-style gameboard.
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Tweet by TrumpMeme: TrumpMeme
$1,000,000 in $TRUMP Coin Rewards! Join the waitlist.
Roll the dice. Make huge deals. Build your empire!
The Official Trump Mobile Game Is COMING SOON!
Go To http://TrumpBillionairesClub.com NOW! Don’t Miss Out!
An illustration of a very young-looking Trump with his arm raised to the sides is superimposed over a Monopoly-like gameboard, with the text above: “Trump Billionaires Club.com / 1 million dollars in $TRUMP rewards”
Alt5 Sigma — the Nasdaq-listed company that became a WLFI treasury company in a deal with the Trump family’s World Liberty Financial in August — is in turmoil. The company was found criminally liable in Rwanda, removed a CEO for undisclosed reasons, and has just lost its replacement CEO.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
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Trump business interests
Alt5 Sigma, the WLFI treasury company established by Eric Trump and several other World Liberty Financial executives, seems to be in crisis. In August, World Liberty Financial announced that it would create a WLFI treasury company using the Nasdaq-listed fintech firm, Alt5 Sigma [I90]. Eric Trump and fellow World Liberty executives Zach Witkoff and Zak Folkman were slated to join Alt5 Sigma’s board, although the Nasdaq later prohibited Eric Trump from joining the board due to the blatant conflict of interest, relegating him to “board observer” [I92].
According to an SEC filing,31 on August 27 — only two weeks after Eric Trump, Donald Trump Jr., Witkoff, and Folkman rang the Nasdaq opening bell to celebrate the deal — the Alt5 board learned that the company and its former president and CEO André Beauchesne had been found criminally liable for money laundering in Rwanda in May and ordered to surrender $3.5 million. The filing claims that the existence of the Rwandan court decision “and other matters” had not previously been disclosed to the board, and were unknown at the time of the World Liberty Financial deal. Two former employees said that World Liberty had been provided with details of the Rwandan court proceedings, though a World Liberty Financial spokesperson refutes this.32
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Eric Trump, Donald Trump Jr., Zach Witkoff, and Zak Folkman, and others ring the Nasdaq opening bell on August 13
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Then, on August 29, Alt5 Sigma employees received a letter from the law firm Thompson Hine warning that “litigation, regulatory investigations and other proceedings are reasonably anticipated” and that they had established a special committee to independently scrutinize Alt5’s financial records. It’s not clear if this was related to the Rwandan criminal case or some other matter. On September 4, Alt5 told employees it had suspended CEO Peter Tassiopoulos and its chief revenue officer pending the outcome of the Thompson Hine investigation, though an October SEC filing claims Tassiopoulos wasn’t suspended until October 16.33 In a November 21 SEC filing, Alt5 Sigma disclosed that Tassiopoulos’ replacement, the company’s CFO Jonathan Hugh, had been removed as both acting CEO and CFO “without cause”. The same filing also announced that the Chief Operating Officer had also been removed, and that a board member had decided to resign, with the latter citing “personal reasons”.34 On December 15, Tassiopoulos formally resigned as CEO and from the board.35
A huge list of labor unions and advocacy groups have signed letters to Congress urging them not to support the draft crypto market structure legislation due to the “many systemic failures and harms” of the crypto industry that they believe are going unaddressed in the draft.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
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The next day, a group of 192 consumer protection, financial reform, environmental protection, and advocacy groups, as well as some labor unions, signed a letter urging senators to “oppose any Senate cryptocurrency legislation that fails to meaningfully address the crypto industry’s many systemic failures and harms,” adding that “The legislative initiatives explored in the Senate so far have largely failed to address the widespread harms caused by the crypto industry”. The signatories include financial reform groups Americans for Financial Reform and Better Markets; consumer advocacy groups Public Citizen, the Center for Economic Justice, and the National Consumers League; advocacy groups Accountable.US, Demand Progress, Democracy for America, Our Revolution, and many local Indivisible groups; environmental groups Greenpeace, the Climate and Community Institute, and a long list of regional, state, and local environmental groups; and labor unions AFT and the Communications Workers of America.30
It’s not all good news for Kalshi, though: a federal judge in Nevada has decided their events contracts are not “swaps” under the CFTC and dissolved a preliminary injunction protecting them from civil and criminal action by the Nevada Gaming Control Board.
#crypto #cryptocurrency #USpol #USpolitics #Kalshi #PredictionMarkets #CitationNeededNewsletter
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It’s not all good news for prediction markets, though, as they face multiple cease-and-desist orders and lawsuits from state gaming regulators. A federal court in Nevada issued a devastating ruling late last month that event contracts based on the outcomes of sports games are not swaps that would fall under the Commodity Exchange Act, and dissolving a preliminary injunction protecting Kalshi from civil or criminal action by the Nevada Gaming Control Board. Prediction markets have been relying on the swaps argument, maintaining that the CFTC’s oversight preempts the authority of state gambling commissions. Judge Andrew Gordon, in his ruling, rejected this, and added: “Licensed gaming companies have invested millions of dollars to comply with state regulations only to supposedly find out that they could have just become CFTC-registered exchanges to offer sports gambling nationwide for anyone over the age of 18 without complying with Nevada’s gaming regulatory regime or paying taxes in this state.”22
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Kalshi quickly filed for an emergency stay pending appeal, writing that they face “a threat of imminent criminal enforcement by Nevada authorities.”23 The Nevada Gaming Control Board has opposed this, arguing that “Kalshi cannot claim irreparable injury when all of its harms are self-inflicted. That is especially true because this Court and the CFTC warned Kalshi of the risks of expanding its business, and Kalshi went ahead and did it anyway. ... Kalshi has refused to make any good-faith effort to even attempt to comply with Nevada law. In contrast to Crypto.com and Robinhood, which entered into agreements with State Defendants to prevent enforcement, Kalshi flatly refused every option that State Defendants suggested, refused to propose any alternatives, and demanded that State Defendants stand down while it continues to aggressively expand its business.”24 Judge Gordon has not yet made a decision on the stay.
A Kalshi partnership with CNN and CNBC will place Kalshi prices alongside news stories — inviting readers to view these as probabilities and encouraging them to place their own wagers. Kalshi gets the imprimatur of journalistic legitimacy; CNN — fresh off layoffs — gets cash.
#crypto #cryptocurrency #USpol #USpolitics #Kalshi #PredictionMarkets #CitationNeededNewsletter
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The Kalshi prediction market, which has been operating in the US since its 2021 launch, has inked a partnership with CNN and CNBC because everything is gambling now. Much as you can no longer watch a hockey game without seeing a gambling advertisement every 13 seconds21, Kalshi prices will now appear beside news stories — inviting readers both to view them as probabilities, and encouraging them to place their own wagers. While there has been some research validating prediction markets’ accuracy in forecasting, most of this occurred prior to the explosion in uncapped betting, when bettors were limited to wagering small amounts in tightly-constrained academic experiments. Now, with so much money on the line and so much public attention on these markets, I suspect additional factors could influence their accuracy — from bettors attempting to arbitrage between different platforms, to people attempting to manipulate the perceived “odds” of an event to their advantage. The deal is probably a win-win for both Kalshi and the news groups: Kalshi gets the imprimatur of journalistic legitimacy, while CNN — fresh off layoffs — will enjoy an infusion of cash. The specific pricetag isn’t public, but Kalshi’s recent $1 billion raise suggests the platform isn’t exactly cash‑starved.
Ondo Finance has announced the SEC has ended a multi-year investigation into their activities. This follows Ondo’s $2 million+ in political contributions to President Trump, hiring of former Congressman Patrick McHenry, and partnership with Trump’s World Liberty Financial.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
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SEC
The SEC has reportedly ended a two-year-long investigation into Ondo Finance and its tokenization of US Treasuries. In December 2024 and February 2025, the Trump family’s World Liberty Financial crypto business gave Ondo $720,000 to acquire almost 135,000 ONDO tokens for its treasury.1415 In January and February, Ondo Finance contributed $2.1 million to the pro-Trump super PAC MAGA Inc.16 In February, former House Financial Services chair Patrick McHenry joined Ondo as vice chairman of its advisory board [I78]. Also in February, Ondo announced a partnership with the Trump family’s World Liberty Financial crypto business, which was reportedly looking to incorporate into its crypto platform the same Ondo products that drew SEC scrutiny.17 According to Ondo, the SEC closed its investigation with no charges.18
The OCC has approved the first five national trust bank applications by crypto firms Circle, Ripple, BitGo, Fidelity Digital Assets, and Paxos. This gives them a stronger foothold in traditional finance, confers regulatory legitimacy, and preempts some state financial laws.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
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Office of the Comptroller of the Currency
The Office of the Comptroller of the Currency has conditionally approved the first spate of national bank trust charter applications from five crypto companies: Circle (using an entity called First National Digital Currency Bank), Ripple, BitGo, Fidelity Digital Assets, and Paxos [I88, 95].11 These licenses don’t permit the firms to accept cash deposits or make loans, but they will allow them to hold customer assets. The approvals prompted objections from several banking groups, including the National Community Reinvestment Coalition, which wrote that “Today’s OCC announcement sends a dangerous message to the financial industry: break the law, harm consumers, and facilitate fraud—and you will be rewarded with a bank charter. ... Granting these cryptocurrency charters creates a new and frightful category of banks-in-name-only ... It will further enrich insiders in the crypto industry at the expense of the rest of us.”12
Following hundreds of victim impact statements from people describing how their lives were ruined in the $40 billion Terra implosion in 2022, Do Kwon has been sentenced to fifteen years in prison. He may also serve additional time if sentenced in his home country of South Korea.
#crypto #cryptocurrency #CitationNeededNewsletter
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In the courts
Do Kwon
Do Kwon, founder of the collapsed Terra/Luna project, has been sentenced to fifteen years in prison — three more than the twelve years sought by prosecutors1a and well above the five requested by his defense.2 Judge Paul Engelmayer said the upward variance reflected the scale of Kwon’s fraud — both monetarily and in its more than one million victims — and Kwon’s decision to flee [I4], remaining at large for months before he was caught in Montenegro attempting to travel to Dubai on a fake passport [I23]. The disparity from fellow crypto fraudster Sam Bankman‑Fried’s 25‑year term likely stems from Kwon’s decision to plead guilty to two wire‑fraud counts, securing a deal in which prosecutors dropped seven other charges, rather than take the case to trial.
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Kwon’s Terra project unraveled in May 2022 in a $40 billion crash after the algorithmic stablecoin lost its dollar peg and ultimately went to zero. Investors drawn by supposedly “risk‑free” yields for holding “dollars” learned that Terra (UST) was not a dollar, and that the yields were anything but risk‑free. One victim who spoke at Kwon’s sentencing, a Russian woman living in the country of Georgia, explained that she had been living on the streets after her “$81,000 turned into $13 that I could hold in the palm of my hand.” Other victims described suicides of friends who had invested in Terra, their own thoughts of ending their lives, families breaking up, postponed retirements and schooling, the inability to pay medical bills, and lives ruined.3 I purchased the PACER documents so that anyone can read the victim impact statements for themselves, and highlighted some of them.
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Kwon, a South Korean national, also faces charges at home. Before sentencing, Judge Engelmayer asked about likely outcomes there, including the likely sentence length if he is convicted and whether it would run concurrently with any US sentence. Prosecutors reported they had limited insight but noted that Korean sentencing could range from six years to indefinite; however, Korea has never imposed indefinite terms for fraud offenses, sentences of 30 or more years are rare, and courts frequently depart below prosecutorial recommendations. They also noted that any sentence imposed in Korea would be reduced by the amount of time he serves in the US.4 Engelmeyer ultimately included a requirement that Kwon serve at least half of his fifteen-year sentence in the US before he can apply for a transfer to South Korea.5
Newsletter: Terra’s Do Kwon gets 15 years, crypto banks get the green light, and the Trump family’s crypto grift expands even as one of their treasury companies goes off the rails
https://www.citationneeded.news/issue-98/
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
Retracement (noun): when other suckers are left holding the bag while market makers laugh
Synonyms: bear market, recession, correction, ponzi scheme
AodeRelay boostedBitcoin Market Decline a 'Healthy Retracement,' Says MARA's Thiel
https://www.bloomberg.com/news/videos/2025-12-16/bitcoin-in-healthy-retracement-says-mara-s-thiel-video?utm_source=flipboard&utm_medium=activitypubPosted into Bloomberg Television @bloomberg-television-bloomberg
Paul Waldman and Josh Marshall think that the techbro broligarchs may be in for a rude awakening, after having hitched their wagons to the falling star of a corrupt, failing and flailing Donald Trump.
"What do they want? First, they want what every rich person wants: to pay as little as possible in taxes, which is also what the Republican Party wants for people like them."
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
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https://www.publicnotice.co/p/tech-industry-embraces-trump-ai
"Many of the key figures within the tech industry are also heavily invested in cryptocurrencies, so they were extremely pleased when the Trump administration all but shut down regulatory enforcement of misdeeds in the crypto sector. Under Trump, the last remaining Democrat on the Securities and Exchange Commission told the New York Times that the crypto industry 'can effectively get away with anything.'"
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
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"The almost universal belief in Silicon Valley is that because of the rapid development of AI, we stand on the cusp of one of the most profound transformations in human history. Tech leaders see themselves as heroic visionaries carrying humanity to a glorious future of limitless possibility — and, not coincidentally, limitless wealth for themselves."
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
/3
"What a tragedy it would be if the government put any kind of constraints on the realization of their dreams. Trump has embraced that perspective with enthusiasm."
But as discernible revulsion against Trump and also AI gathers and as the political wheel threatens to turn — as it always does — the techbros may soon find themselves on the downside of that turn rather than on the upside,
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
/4
"What we began to see in the late Biden administration & then to an almost mind-boggling degree through 2025 is not just the big tech titans cozying up to Trump & doing so visibly, but making themselves what we might call main characters in the American Political Cinematic Universe. There’s really nothing like it in our history. I know many friends who are into MMA & the UFC."
~ Josh Marshall
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
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"That is a very precarious place for major corporate leaders to be. That’s why they are almost never, ever there. But they are. They are all in on AI. And they are all in on Trump. And both of those things right now are very unpopular. And I mean very unpopular. ...
I don’t think the tech boys have much sense that politics shifts both ways, that what happened in the winter of 2024/25 wasn’t permanent."
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
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"Indeed, it didn’t last through 2025. Do they know what it’s like to be holding the bag for a significant amount of main force political backlash?"
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
/7
In an article entitled "The Billionaires Have Gone Full Louis XV," Michael Hirschorn says that "billionaires had a great thing going" after many of them threw their full support behind Trump and his fascist movement in 2024, but people's eyes are beginning to be open, and that good thing may not last forever.
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
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"The ruling in the 2010 Citizens United case, among others, invited the super rich to exert all the influence on policy and politics that their money could buy — and then enjoy all the wealth that influence secured for them in return. Thanks to ever-more-obliging tax policies, the billionaire class grew absurdly rich over the years that followed."
#techbros #broligarchy #SiliconValley #Trump #AI #crypto #EconomicElites
/8
In May of 2018, ISC replaced using system RNG with xoroshiro** for all random functions in Bind9, claiming the system calls were too slow.
https://github.com/isc-projects/bind9/commit/99ba29bc52f640ec9c2cbb331ffdeceff2f0f26f
Fast forward 7 years, and we have a cache poisoning attack due to weak PRNG with a CVE score of 8.6.
Reminder: all code is security related.
this story about Benjamin Mauerberger, a south african #crypto bro and card carrying member of the chinese #mafia who made so much money via #pigbutchering and other crypto scams that he managed to co-opt a large part of #Thailand's government (to say nothing of #Cambodia and #Myanmar) is nuts.
if you’re wondering about the dark forces driving the current war between thailand and cambodia, this is one of those forces.
#sapol #southafrica #whaleHunting #triads #organizedcrime #ChineseMafia #pigbutchering #ASEAN #scams #cryptocurrency #bitcoin #princeGroup #huione
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Tom Wright
@TomWrightAsia
"I outrank you," Ben Mauerberger told Thailand’s Finance Minister.
After 40 stories & 50+ sources, we deliver the full 7,000-word feature on
how one man -- armed with billions of stolen American savings --
captured a state.
Hey #mastodon this is something to look at! @soatok just announced v0.1.0 of their key transparency specification for the Fediverse!
https://soatok.blog/2025/12/15/announcing-key-transparency-fediverse/
This is an incredibly useful project, something really missing in a robust decentralized architecture.
#fedi #fediverse #crypto #cryptography #authentication #security #federation #digitalsovereignty #digitalselfsovereignty
I just found this cool video explaining the DIffie-Hellman cryptographic key exchange with the analogy of mixing colors! I was not aware of this neat explanation! Cute!
Donald Trump has reversed Joe Biden’s legal offensive against #crypto,
debuting his own token, $Trump, before his inauguration,
and rolling back government actions against the industry, which heavily supported him during his bid for the presidency.
Celebrities have likewise returned to hawking cryptocurrency projects or launching tokens of their own.
Celebrities in the crypto realm can reach hundreds of millions of followers cheaply via social media,
and they can easily establish a narrative since most fiduciary advisors steer clear of the sector.
Directing follower attention can be incredibly lucrative,
since crypto investments are largely a
“coordination game” driven by demand,
rather than underlying fundamentals, making crypto
“extraordinarily vulnerable to celebrity influence”.
$Trump demonstrated meme coins’ lucrative potential,
though its windfall may have come at the expense of other celebrities’ crypto ambitions.
In May, Trump personally hosted a dinner for the 220 largest holders of $Trump,
and held a private “reception” for the largest 25 buyers.
These individuals collectively spent around $148m purchasing $Trump tokens, the Guardian previously reported.
According to Andrew Duca, the founder of crypto-focused tax platform Awaken,
the $Trump token “sucked up so much liquidity” that it caused other meme coins’ price to fall
Duca said celebrity activity in crypto in 2025 is markedly different from what we saw in 2021.
“Last cycle, you were getting more A-list celebs … and this cycle,
you basically only saw the griftier celebs actually participate,” he said.
These celebrities’ endorsements in 2025 primarily center around meme coins, rather than more traditional cryptocurrencies or crypto exchanges
https://www.theguardian.com/technology/2025/dec/15/celebrities-athletes-crypto?CMP=bsky_gu#Echobox=1765718294
ukrainians getting murdered for #crypto
> "According to TSN ua, 21-year-old Ukrainian national Danylo Kuzmin was killed in Vienna, with police suspecting a crypto-related motive after a large amount was transferred from his wallet. Kuzmin, the son of #Kharkiv deputy mayor Serhii #Kuzmin, was allegedly beaten and forced to reveal wallet passwords before his car was set on fire. Two Ukrainian suspects have been detained: 19-year-old Bohdan Reinzhuk, Kuzmin’s university peer and the stepson of Ukraine’s ambassador to Bulgaria, and 45-year-old Oleksandr Agoiev, a former Ukrainian customs official."
https://tsn.ua/ukrayina/use-pro-vbyvstvo-ukrayintsia-u-vidni-2970173.html
@GhostOnTheHalfShell fun fact: a very common form of crypto scam is to run a fake murder-for-hire site and take money in exchange for killing people and then just never kill them.
"Kill List" is a fun #podcast about this kind of thing:
@m0xEE things are so bad on X (the everything app) that even #vitalik buterin is calling out #elon for manipulating the algorithm to push russian talking points
#eth #ethereum #crypto #russia #ukrainewar #elonmusk #VitalikButern
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@VitalikButerin
The attacks on Europe I've seen here the last couple of days, including from people I've generally considered interesting and sophisticated, have been getting unhinged...
I get that EU has problems - GDPR clickthroughs are dumb, Chat Control is awful, they need to be less bureaucratic and supportive toward entrepreneurs, its kindness toward Ukraine often doesn't extend well to Gaza or Sudan or other places, people saying mean things about criminals getting longer sentences than the criminals is just crazy - but the apocalyptic attitude about the issues, evoking imagery of barbarians pillaging Rome etc, seems really over the top.
It feels more like a coordinated attempt to delegitimize than constructive criticism.
(I don't believe the line that "the target is not Europe, it's the EU": I've seen many instances of London specifically being targeted in the hate session, so no, much of it is an attack on Europe)
It just does not match my experience from spending an average of two months every year there for the last decade.
"5 major crypto companies just got one step closer to becoming banks...Unlike a full-service national bank charter, a national trust bank license doesn't allow a company to make loans or take in deposits, and customer accounts typically don't come with FDIC insurance."
Yahoo Finance https://finance.yahoo.com/news/5-major-crypto-companies-just-got-one-step-closer-to-becoming-banks-192157614.html #crypto
#TrumpRegime #USPolitics
holy fuck #wirecard's jan marsalek (the russian spy) was trying to fund the development of #Telegram's blockchain #TON.
shit's bleak. don't use telegram. seriously don't install telegram.
cc @davetroy @Powerfromspace1 @davidgerard
https://www.ft.com/content/a2c153ba-b733-480e-991a-9623d40f5bda
#Eupol #libya #fraud #ukpol #russia #putin #fSB #GRU #JanMarsalek #Marsalek #crypto #cryptocurrency #Toncoin
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In 2018 Marsalek invited Ben Halim and other backers of the
Libya projects to invest in a new crypto token — Toncoin —
being launched by Russian-owned messaging platform
Telegram, whose founder Pavel Durov had met Marsalek and
invited him to participate.
#Thailand is bombing the ever living fuck out of the #crypto slave scam compounds in #Cambodia. unclear if this building was full of people bc if so jfc
@bedast #metaplanet #MTPL was one of the first "borrow money to buy #bitcoin companies i saw doing billboards, starting around a year ago
"Human rights violators who make the TSA look like the Girl Scouts. People who do not care what nonsense the CBP (Customs and Border Protection) asks for, because their 'online activity' doesn’t exist or is conveniently curated by a PR team large enough to staff a minor embassy."
#Trump #immigrants #visas #PaytoPlay #grift #Russia #drugs #crypto #corruption #travel #tourism
/3
"Meanwhile, millions of average, harmless travelers — fans coming for the World Cup, families planning a California road trip, Canadians who used to drive across the border to buy gas and discount Oreos — are instead being greeted with a digital strip-search and a bill for extra fees, background checks, and biometrics more suited to a dystopian sci-fi reboot."
#Trump #immigrants #visas #PaytoPlay #grift #Russia #drugs #crypto #corruption #travel #tourism
/4
"What kind of person has both $5 million in liquid assets and a pressing need for American residency without scrutiny?
I’ll tell you who.
Money launderers. Drug traffickers. Russian oligarchs whose yachts have been seized more times than Trump has contradicted himself in a single sentence."
~ Michael Cohen
#Trump #immigrants #visas #PaytoPlay #grift #Russia #drugs #crypto #corruption
/2
https://www.meidasplus.com/p/your-profile-pic-better-be-patriotic
First off, great research by Huntress, and solid article by hacker news.
Second, why would you do this? WHY? You even gave the underlying method structure set up. At least make psudorandom keys. Come on man.
https://thehackernews.com/2025/12/hard-coded-gladinet-keys-let-attackers.html?m=1
#Terra #DoKwon #crypto #cryptocurrency
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Dear Judge Engelmayer, Your Honor, I stand here today not just as a victim of financial fraud, but as a daughter whose world was irrevocably shattered. I ask you to look beyond the cold, hard numbers (i.e., the staggering sum of money that vanished) and see the human cost and lifelong agony that UST's depegging has caused. I am asking you to read these words not with professional detachment, but with the empathy I pray resides within the heart of any person witnessing such profound devastation. I remember the exact moment. It was May 2022, several days after my birthday. Suddenly, I saw a notification flash across my screen: UST had depegged from its $1 parity. In an instant, the value of everything I had worked for, everything my father had saved for, just obliterated into nothing. The shock was a physical blow. I felt my breath leave my body. Your Honor, I didn't think about my own savings at first. The first thought, the only thought, was of my father. And that is what almost drove me to end my own life. I did not consider taking my life over my own money loss, but over the catastrophic failure I brought upon my father...the man who deserved the world. He put $100k of his retirement savings into Anchor Protocol (due to my advice)...and now he is over 70 years old and he cannot fully retire. Because if he stops working, he can no longer afford to live. My father is a good man
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My father, who had suffered a string of failed businesses, who carried the weight of a mortgage that pains him every single month. All I ever wanted, Your Honor, was to become successful enough to spoil him. To pay off his debt. To give him the happy retirement he earned and deserved. When I saw the depegging, that vision of a happy future was crushed. I felt the absolute, sickening certainty that I had failed him. I had delivered his lifelong savings into the hands of a scam. My father lost about $70,000 from his $100k savings. That number, $70,000, represents decades of his life, wiped out in the span of a single week! I wanted to crush myself into a ball, to vanish, to take away the pain I had caused him. Years later, the suffering continues. I am 35 years old now, engaged to be married, but I cannot afford the down payment on a home. I cannot afford a wedding. I cannot afford children. As much as it hurts me, I've come to terms with the fact that I can't financially support children nor own my own home. My father is continuing to freelance as an accountant. He's always fantasized about retiring in his 60s, but now that's a distant dream. And what's most miraculous, Your Honor, is that my father has never yelled at me or anything of the sort as someone who advised him about Anchor Protocol. He never blamed me for anything. He never complained. And oddly, that makes me feel e
#Terra #DoKwon #crypto #cryptocurrency
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Dear Judge Engelmayer On May 11, 2022, I invested $80,000 in LUNA coin. I received this money from the sale of my only apartment. I was moving from Russia (Moscow) to Georgia and planned to change my permanent residence. I am enclosing you with the documents confirming the sale of my only apartment. A day after my investment in LUNA coin, my sold apartment turned into several coins. Specifically, $80,000 turned into $13. I expected Do Hyun Kwon to make rational decisions after the LUNA coin's collapse. Instead, he created LUNA2, bearing no responsibility to investors in the original LUNA coin (now LUNC). Since May 2022, I have been homeless, wandering the streets of Georgia, with no money to rent a place to live. I have developed health complications and am in dire need of hospitalization, but I do not have the financial means to seek medical treatment. I am a single 58-year-old woman, unemployed, and without a pension. My family-my father, mother, and husband-passed away several years earlier. I have no children. I have no recourse. I ask for an immediate, fair decision in Do Hyeon Kwon's case and request full compensation for my financial losses, including any moral damages. I have provided, submitted, and attached all supporting documents to the portal. Since May 2022, I have been in a state of deep stress and depression, which I would not wish on anyone. I would like to tes
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Dear Judge Engelmayer, I am writing to inform the court of the impact Do Kwon had on my family and myself during and after the collapse of Terra. I had never invested serious money prior to Luna but after being educated on the Terra Luna ecosystem by a family member, I was completely on board with the stability and efficiency of the blockchain. I invested countless hours of my time listening to podcasts and watching videos learning how to make the most of my investments. The more time I invested the more money I invested. I invested in new protocols on the system and my days were consumed with all things Terra. I shared my knowledge with friends and family, wanting them to also be part of something great. I was convinced that I was on the ground level of something big and that I would be providing generational wealth for my family. I ended up withdrawing over 100,000 from my 401k and paying the early withdrawal penalty fees because I believed in the long term success of Terra. I never took any profits on the money I had invested. I lost everything in the collapse. When the collapse was happening I still had faith in Luna and was actually still trying to purchase more Luna. I am still in debt over the poor decisions I made during that time, due to my beliefs in the greatness of the ecosystem. The monetary loss was painful but the physical and mental anguish that followed was muc
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Hi, i was a victim of Do Kwon’s terra luna scam. I am a carer for my Dad, [redacted] and i invested money into terra luna believing that it was a profitable strategy to support my Dad better with medical expenses and being able to sacrifice taking time off work to support him. When i lost all of my funds in this scam i was devastated. I had to take out loans to get by to fund my Dad’s medical bills and just to get by with food and necessities for us both. I am still in debt to this day paying back loans and credit cards. My family has been through immense suffering and i suffer from depression daily since the losses of my life savings. I urge the honourable judge to please hand down harse sentencing to Do Kwon for the crimes that he has committed, i sincerely hope that justice will prevail to recieve some sollace from the torment he has put my family and i through. Kind regards Paul Lynn
I have purchased the PACER documents so everyone can read the impact statements submitted by victims of Do Kwon and the 2022 Terra/Luna meltdown. Collapses like these ruin lives.
https://www.courtlistener.com/docket/67087481/united-states-v-kwon/#entry-61
#Terra #DoKwon #crypto #cryptocurrency
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Honorable Judge Engelmayer, My name is Stanislav Trofimchuk (Stan). My life and family were pretty much ruined by Mr. Kwon’s actions back in 2022 and I would like to share my story in writing and speak at a sentencing hearing if videoconferencing means are available as I’m unable to attend personally. Below is my story: We came to the United States in 2006 from Ukraine as a young family with a ten-month-old baby, chasing the American Dream and a brighter future for our children — both the one we had and those we still hoped to have. Like most first-generation immigrants, we had to work very hard to build a life for ourselves. For seven straight years I worked multiple jobs, endless hours, no weekends, no holidays — because my wife didn’t have a work permit during all that time. I barely saw my children grow up. She carried the burden of raising our two boys almost entirely alone, with no family nearby, no help at all. After thirteen years of struggle, we finally became U.S. citizens. For the first time I could breathe. I started a small business, came home at reasonable hours, and began repairing the years I had missed with my family. Life finally felt like it was moving forward. By early 2021 the dream was within reach: a modest house in Texas, a growing business, savings carefully set aside so our sons could go to college. After everything, we were closer than ever to “making
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described UST as a stablecoin that would always hold its $1 peg, and those protocols as safe, reliable way to earn 19–40% yield. It didn’t feel like gambling; it felt like the answer we had been praying for. We sold everything at discounted prices: the house, the business, the cars. We scraped together just over $190,000 — every dollar of seventeen years of sacrifice — and in late April 2022 I converted it all to UST and locked it into Anchor and Mirror, trusting the promises that had been repeated for months. Just two weeks later, on May 9, 2022, I watched UST fall off its peg. In panic, I almost sold everything to limit the damage, but then I saw Mr. Kwon’s tweet: “Deploying more capital— steady lads.”. The price started recovering that day. I trusted him again and decided to keep the UST locked. What followed were two weeks of pure terror. The Terra blockchain halted. Mirror Protocol liquidity vanished. I couldn’t withdraw a single cent. When the system finally let me out on May 23, UST was trading below $0.07. Our $190,000 had become less than $13,000. Seventeen years of our lives — gone in two weeks. People say you should never risk money you can’t afford to lose. But this never felt like risk. The founder of the project had called it “too big to fail,” boasted that the Luna Foundation Guard would protect every dollar. To a desperate father trying to feed two families in a
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completely. Yet that is exactly what happened. I know there are others out there whose stories are even darker than mine. I still hope that Mr. Kwon finds the conscience, the will, and the means to make restitution — so that shattered families like ours might have a chance to rebuild. Thank you for listening. Stanislav
#Terra #DoKwon #crypto #cryptocurrency
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Your Honor, In one week in 2022, Do Hyeong Kwon stole my home and my life's savings, my future retirement and hopes. These were my built-up assets made from skipping vacations and huge sacrifices over both my and my wife's careers. I am now 57 and am unlikely to ever have the opportunity to regain this money or a home. Today, I am on the verge of bankruptcy. The total amount lost was just over 1m USD. I made a mistake in my trust and belief in Do Kwon and used some of my house mortgage money to invest in his scam. After the collapse, I was forced to sell our family home. I had a belief that hard work pays off. My lifelong hard work was ripped from under my family and me due to this fraud. We no longer have a home of our own We have credit card debts accumulating We have been forced to obtain a high-interest personal loan to pay for essential medical bills. My wife cries when the credit card bills arrive I take My nights are sleepless and full of stress My daughter asks why we don't have the money to fix the car. We are on the verge of bankruptcy, which would mean I will also lose my job. Words cannot describe the devastation and hardship we continue to experience daily due to the theft committed by Do Kwon. Now we are faced with the stark reality that our hardship is likely to continue until the day we die. We have no doubt that Do Kwon will still have money hidden. We wish to
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to whom it may concern, my friend and i were very large luna investors based on Do's statements that the peg was restored automatically in 2021, we believed that he had a working technology and luna would have tremendous value capture as UST would be utilized in a bull or bear market i had a mid 8 figure loss in luna (yes that's correct) and my friend later jumped off a building in miami after telling his gf (its in police report) that he lost his money in crypto and was wrong this is he: https://westportlocal.com/news/kxojqtqsip3dlrr3jw7ljs5tziwdl5 failing at a new technology is part of innovation, repeated outright lies about a technology that never existed is criminal and life destroying that is all i've got for ya thanks for listening, josh
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Dear Judge Engelmayer, My name is Concetto Fabrizio Di Rosa, and I am submitting this victim impact statement in connection with the sentencing of Do Hyeong Kwon. I lost approximately €40,000 as a direct result of the collapse of the Terraform ecosystem. This loss created a devastating chain of consequences for me and my family. The money I invested had been carefully saved over time to pay for my son’s planned wedding, which took place in September. When the funds disappeared, I was suddenly unable to cover those expenses. I had to borrow money from friends and relatives, causing deep personal embarrassment and significant tension within my family. The financial impact did not stop there. In desperation, I also borrowed money from my employer, hoping to recover enough to repay the loan. Because the amount was large and I was unable to meet the repayment schedule, I ultimately lost my job. Losing both my savings and my employment in such a short period created immense emotional and psychological stress. I have experienced severe anxiety, sleeplessness, and a constant sense of guilt and shame. These problems have affected my daily life and my relationships with the people I love. Even today, writing about this experience is extremely painful for me. The consequences of this financial disaster have marked my life deeply and continue to affect my family’s stability and well-being.
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Hello, see below Victim Statement as requested. I am writing in regards to the upcoming sentencing of Do Kwon on December 11th. I have never written anything like this or as a man and a father, I hate to set myself up to be called a "victim." The truth of the matter, it was not only I that was the victim, but my family as well. And knowing the ripple effect (that will last for generations) from the choices and negligence this man and the Terraform Team made, it would be wrong of me not to add my 2 cents. So for my family's sake, I will tell how the events played out in my Household. In March of 2022, as I had a significant amount of wealth in the markets and sensed a bit of volatility coming, I decided to place a large portion of my portfolio into a stablecoin, pegged to the US Dollar. In doing research on the best most reliable stablecoin, came UST and the Terraform Labs Team as one of the frontrunners. My decision to place over $200k into UST did not come lightly or did I ever think it was a speculative decision associated with any risk. It was a calculated decision based on the words of a man that was at the forefront of innovation and a Team that had one of the largest blockchains available at the time with Luna at their backing. Again, the funds allocated to UST were not gambling or speculative, they were tucked away in a "savings" account, pegged to the dollar, to be put
This is such a deadpan scathing and serious takedown of crypto nonsense that you don't feel the cuts from the smashed-ceramic-sharp wit and sarcasm until a few moments later. Wonderful. 24 minutes long but give it 5 and see if it hooks you like it did me.
"But you, you don't get a doll. You'll get a pencil. Just suck it up. Stop being lazy. Stop being a moocher. My friend who's a drug trafficker, I'll pardon him. My other friend who's a billionaire who defrauded people from $1.5 billion, he gets pardoned. But Somalis, you're garbage. I think... This is instructive. Crazy."
#Trump #racism #EconomicElites #PeterThiel #ElonMusk #crypto #affordability #economy
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"Because the hoods are off. The hoods are off. And I'm going to say something. I'm going to prove it. The hoods are off and the swastikas are on."
#Trump #racism #EconomicElites #PeterThiel #ElonMusk #crypto #affordability #economy
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"Donald Trump is a manifestation of America's two enduring sins that we refuse to confront, white supremacy and greed, racism and greed. He's the inevitable avatar of it, this grotesque vulgarity. Like you said, billions for me, $300 million for me. I get $5 billion to crypto. Peter Thiel gets what he wants. Elon Musk becomes a trillionaire."
~ Wajahat Ali
#Trump #racism #EconomicElites #PeterThiel #ElonMusk #crypto #affordability #economy
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https://thelefthook.substack.com/p/trumps-pathetic-rally-reveals-the
Rich #immigrants🚨can #PayToPlay for a Trump Gold Card #Visa.
"The draft form for the app suggests: you can pay the "gift" to the US in crypto.
Genuinely agog at this;🚨Trump's "Gold Card" app sugs they'll let ppl pay the US in #crypto, after decl anyone who's $1M is inherently a person of "exceptional bus ability" who should be allowed to get an emp-based visa w/o a job."
-A R-Melnick
It you didn't think his #corruption & #sadism couldn't get worse...
🟤IMMs OK if:💰
#Kleptocracy #Fascism #USPol
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A document section titled "Part 4. Source of Funds - Individual Self-Petitioner (continued)" outlining evidence types to demonstrate the lawfulness of funds. It includes instructions for documenting income sources, such as bank records, employment certificates, tax returns…
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An image featuring a social media post by Donald Trump announcing the availability of a "Trump Gold Card," which is described as a direct path to U.S. citizenship for qualified individuals. The card itself is gold in color, displaying an image of Trump alongside…
#EpsteinFiles: not only did Jeffrey #Epstein fund the entire bitcoin development team at #MIT Media Lab, he took a special interest in Madars Virza, co-founder of the "privacy coin" ZCash (#ZEC).
#ZCash “fixes” the main issue with bitcoin, at least for people like Jeffrey Epstein. Zcash transactions are encrypted / private and therefore nothing about them is publicly visible in a block explorer (and therefore any suspicious large transactions would not even be noticed).
ZCash, (unlike #Monero / #XMR, its prime competitor in the “privacy coin” space), is not an open source project. It’s privatized secret money created by a corporation. That corporation also just so happens to have been funded by DCG, the crypto VC fund Larry Summers sat on the board of for 7 years after being introduced to Brock Pierce by Jeffrey Epstein. ZCash is actually one of #DCG’s flagship investments 🤔
Hard not to think that Epstein wasn’t meeting with #MadarsVirza to make a few “feature requests” that would make #ZCash more useful for people like Jeffrey #Epstein.
(it’s also worth at least mentioning that all of the cryptoverse’s biggest cretins like the #Winklevoss twins, Naval, Emperor Shillbertine, etc. started pushing ZCash HARD a month or two ago as the “true” bitcoin, but that’s probably a subject for a separate post)
#crypto #medialab #privacy #EpsteinFiles #madars #Virza #blockchain #LarrySummers #uspol #BarrySilbert #cryptocurrency #JeffreyEpstein
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Madars Virza
/ About me / Publications /
Madars Virza
I am a Research Scientist at MIT Media Lab where I work with Joi Ito on cryptocurrencies (at the Digital Currency Initiative) and Ethics of Artificial Intelligence (at the Ethics Initiative).
I co-invented Zerocash and co-founded Zcash. Both of these rely on libsnark, the efficient C++ library for zero-knowledge proofs, that I am an author of.
I recently graduated with Ph.D. in Computer Science from MIT, where I was fortunate to be advised by incomparable Ron Rivest. My Ph.D. thesis, also on libsnark, won the George M. Sprowls Award for Best MIT Ph.D. Thesis in Computer Science. Before coming to MIT I did my undergraduate work at University of Latvia under the excellent guidance of Andris Ambainis.
The best way to reach me is: [email protected]. You can also send me physical mail but due to COVID-19 I am not checking my mailbox too regularly.
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From: Joi Ito
Sent: 11/22/2017 6:14:38 PM
To: jeffrey E. [[email protected]]
Subject: Re:
Importance: High
Lots of stuff going on that week but I'm in town.
#metoo is quite amazing...
Madars is doing well. His PhD paper won an award and he found a vulnerability in ING's new crypto currency.
Sent from my iPhone
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Date: Monday, May 6 2019 10:52 AM
Subject: Re: $25K from ASU
From: Joichi Ito <
To: Jeffrey Epstein <[email protected]>;
That would be great. I've been busy, but good. How are you? Heard you saw Madars.
> On May 6, 2019, at 06:48, J <[email protected]> wrote:
> i can have andrew farkas , he gave a building to the hasty pudding harvard. fund plant guys. how are you >?
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@Cryptadamist Nov 13
1. blame the collapse of bitcoin on "muh the government"
2. "true crypto has never been tried", sorry about all the money you lost
3. time to buy into our new ponzi Zcash / $ZEC
Ω🪬Ω
#TheCryptocalypseChronicles: A Rather Alarming Epstein / Russia / Israel Crypto Timeline
The recently released #EpsteinFiles make it crystal clear that #Epstein's involvement in #crypto was much deeper and long lasting than had been previously understood.
Not only do we now know that Epstein funded bitcoin's development team at #MIT starting from 2015, we also now know that #Epstein introduced #Tether co-founder, #SteveBannon business partner, #EOS scammer, and man with an extremely sordid history of sex crimes against children #BrockPierce to former #Harvard president #LarrySummers. Summers would go on to join the board of #DigitalCurrencyGroup (#DCG), the most important crypto VC fund in the U.S.
Beyond that there's
1. Epstein's proposal to a #Russian #FSB operative that they should create a #BRICS stablecoin
2. A bunch of sinister sounding emails between Epstein and"influential men" in #Qatar about "the e-currency"
3. Bannon + Epstein's plot to undermine Europe with crypto money
4. The integration of #BrockPierce and the #Netanyahu family
5. Accusations from the former head of #Mossad's financial unit about Netanyahu's involvement in crypto
6. The relationship between Chinese criminal #MilesGuo AKA #MilesKwok, Steve Bannon, and Epstein
...and so much more.
* Substack: https://cryptadamus.substack.com/p/the-epsteincrypto-timeline-is-alarming
* DocumentCloud (for Substack haters): https://www.documentcloud.org/documents/26363321-a-rather-alarming-epstein-russia-israel-crypto-timeline/
#JeffreyEpstein #uspol #uspolitics #eupol #ukpol #MAGA
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A Rather Alarming Epstein / Russia / Israel Crypto Timeline
recently pardoned #Binance CEO changpeng zhao (and now Trump family business partner, sort of) is thrilled that Vladimir Putin is now a committed bitcoin bro
https://x.com/cz_binance/status/1998368629847724072
#changpengZhao #CZ #crypto #cryptocurrency #VladimirPutin #russia #ukrainewar #bitcoin #uspol #eupol #ukpol #trump #ukraine #WLFI #USD1
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@cz_binance
Converted, one at a time.
The Bitcoin Historian @pete_rizz0
RUSSIAN PRESIDENT PUTIN SAID THAT "NOBODY" CAN BAN #BITCOIN LET THE NATION STATE GAMES BEGIN 7
@joseph11lim the same crypto bank for criminals and rogue nuclear states that captured the american government is now about to capture the UK governmnet (#Tether)
https://cryptadamus.substack.com/p/trumps-transition-team-is-tethered
"Trump is not judicious when it comes to whom he will pardon. He has been on a clemency tear, handing them out like candy, bestowing more pardons in 10 months than most presidents do during an entire term. Beneficiaries include violent criminals, sex offenders, drug traffickers, bribe takers, Ponzi schemers, and money launderers."
~ Dan Rather
#Trump #pardons #criminals #corruption #kickbacks #grift #crypto #EconomicElites
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"Trump has issued pardons and clemency to January 6 rioters, to disgraced ex-congressman, and to anyone who seems willing to stuff the coffers of one of his political committees or family crypto businesses."
#Trump #pardons #criminals #corruption #kickbacks #grift #crypto #EconomicElites
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"Trump’s pardon habit has gone from an occasional indulgence to a full-blown lifestyle. Even as he fantasizes in public about police roughing up 'criminals' and looks for pretexts to throw his political enemies in prison, the president’s blanket sympathy for anybody else accused of white collar criminality is reaching astonishing heights."
~ Andrew Egger
#Trump #pardons #criminals #corruption #kickbacks #grift #crypto #EconomicElites
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https://www.europesays.com/2611341/ Bitfarms: Capitalizing On The Next Generation Of AI Data Centers (NASDAQ:BITF) #crypto #cryptocurrency
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Bitfarms: Capitalizing On The Next Generation Of AI Data Centers (NASDAQ:BITF)
AI and Crypto data centres are killing the consumer computer building industry.
“A typical 32GB DDR5 RAM kit that cost around $82 in August now sells for about $310, and higher-capacity kits have seen even steeper increases.”
#micron #crucial #ai #crypto #datacentre #waste #inflation #bubble
https://arstechnica.com/gadgets/2025/12/after-nearly-30-years-crucial-will-stop-selling-ram-to-consumers/
In #SanFrancisco recently a robbery victim was attacked and gave up $11 million in #Crypto during a broad daylight #HomeInvasion that occurred after he opened the door for a fake #UPS delivery.
https://sfstandard.com/2025/11/25/mission-home-invasion-highlights-danger-crypto-related-violence/
From our magazine: Billing data from Corpus Christi #Water obtained by the Observer shows the #Bitcoin mine guzzled 11,563,000 gallons from May to August this year. It consumed 3,950,000 gallons in July alone, about 127,500 gallons a day. https://www.texasobserver.org/crypto-energy-grid-texas-bitcoin-water/
#politics #tech #USpol #Texas #environment #energy #crypto #AI #SouthTexas
so one of the first things #Binance is doing after #CZ's pardon is launching a degenerate gambling - sorry, i mean "crypto trading" - app for kids aged 6 & up.
no, really.
https://x.com/binance/status/1996158210768568420
#crypto #bitcoin #cryptocurrency #moneylaundering
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screenshot of linked tweet about Binance Junior
Mike Brock explains why he concludes the following:
"Bitcoin is for fascists."
A system built on perceiving everyone else as the enemy and enriching oneself at everyone else's expense as the admirable goal….
#Trump #economy #prices #inflation #EconomicElites #pardons #corruption #bitcoin #crypto
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"The question I keep asking Bitcoin advocates, the one they always dodge:
Why do fascists love Bitcoin?"
~ Mike Brock
#Trump #economy #prices #inflation #EconomicElites #pardons #corruption #bitcoin #crypto
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https://www.notesfromthecircus.com/p/the-banality-of-bitcoin-advocacy
"Donald Trump used to borrow money from banks. Now he’s out of the bank game altogether. His money is in the cloud of crypto so nobody can count it, nobody can see it, nobody can trace it.
That’s where all his payoffs are. No more paper trails."
~ Lucian K. Truscott
#Trump #economy #prices #inflation #EconomicElites #pardons #corruption #bitcoin #crypto
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https://luciantruscott.substack.com/p/our-president-is-a-thief-what-other
"$MELANIA: –99%
$TRUMP: –86%
World Liberty FIN token:🚨–95% (.16/sh)
DJT stk: –76%"
-PolVideoC
🚨Alt5 Sigma May Have Violated SEC Rules -yet to file its Q3 report -told the SEC: delay was partly due to the “timeliness & resp” of its accountant -🚨accum $1.5B of World Liberty FIN #crypto in Aug as part of a circular deal that routed >$500M to an entity affil with Pres Trump.
“Failure to file the 10-Q Q report -may be bc:🚨trouble finding a new CPA/aud."
#Corruption #USPol
https://www.msn.com/en-us/money/news/trump-crypto-partner-alt5-sigma-may-have-violated-sec-rules-after-another-filing-discrepancy/ar-AA1RvMS7
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Eric & Don Jr standing in front of an ALT5 -World Liberty Financial sign:
This would not have anything to do with both Labour and the Tories getting vast sums of money from businesses and Reform hetting relatively little would it?
I am all in favour but would love to see it extended to all donations above a modest set amount- no companies. Governments have been bought and sold by rich vested interests for years.
That will never happen - it gives both parties a massive advantage.
#UKPol #Crypto #Labour #Tories #Reform #Crypto #Donations
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From the article. Photo of Farage looking glum with the text
Labour consider banning cryptocurrency donations to parties