Tag: BTC

ECP NetHappenings The end of the Petro Dollar.

The end of the Petro Dollar.

Iran to require ships passing through the Strait of Hormuz to pay tolls in Bitcoin, FT reports.
Iran is charging $2M per ship to cross the Strait of Hormuz and they want it in Bitcoin. 😳

At $72,000 per $BTC, each ship = 27.7 BTC.
Pre-crisis, 130 ships crossed daily.

• Daily: 3,611 BTC
• Monthly: 108,333 BTC
• Yearly: 1.3 million BTC

JUST IN: IRAN COULD SOON BE EARNING 10,000 #BITCOIN A MONTH FROM OIL TANKER PAYMENTS
$2,000,000 PER SHIP. 10 SHIPS PER DAY
OIL IS BEING PRICED IN BTC
THE NEXT RESERVE CURRENCY

The entire Bitcoin network only mines 450 BTC per day.
Iran would accumulate 8x the monthly mining supply. Every month.
A sanctioned nation building a Bitcoin treasury through a toll booth.
This is the most important geopolitical Bitcoin story nobody is talking about.

Iran demanding $BTC for Hormuz tolls proves it: censorship-resistance IS the intrinsic value.
– USD? Frozen by SWIFT.
– Yuan? Beijing’s control.
– Stables? Issuer blacklists.
– Gold? Try emailing it.
Bitcoin is the only truly unstoppable, neutral money on earth.

It’s now estimated that Michael Saylor’s Strategy has purchased over 2,007 BTC today via STRC

TRUMP

Senate Minority Leader Chuck Schumer says Democrats will force a vote next week on a War Powers Resolution “to end this war for good.”

Alex Vindman, the Veteran who stood up to Donald Trump for trying to strong arm Volodymyr Zelenskyy into investigating Joe Biden, is running for Senate in Florida. Let’s turn Florida blue. Let’s go.

 

President Donald J. Trump commuted the prison term of David Gentile, who led GPB Capital, less than two weeks after he began serving a seven-year sentence in a $1.6 billion fraud that prosecutors said harmed more than 10,000 investors.

13 ARTICLES OF IMPEACHMENT FILED AGAINST DONALD TRUMP!

All this and he’s been in office over a year. Shame @HouseDemocrats @HouseGOP=
The republican side of the congress won’t do anything about it.
We haven’t forgotten that scumbag Jared Kushner apparently still hasn’t filed any financial disclosures—even though he’s legally required to, now that he’s peace envoy.
Meanwhile, he’s set to head to Ukraine this month in a bid to relaunch talks on a peace deal.
When will the Republican Congress act like an actual coequal branch of government and not a doormat?

Isn’t Congress supposed to be a check on The President?
This guy is blatantly robbing the country.
BOARD of PEACE
Trump says he’s transferring $10 billion of U.S. taxpayer dollars to his “Board of Peace.”
According to the Board of Peace charter, it has NOTHING to do with American government. It’s a private entity Trump created for his own enrichment. This is an impeachable offense, and
if this country were not broken he would be gone by tomorrow.

BREAKING: Someone placed a $950 million bet on oil prices falling just hours before Trump announced the Iran ceasefire, Reuters reports.
8,600 lots of Brent and US crude futures were sold in a single block at 1945 GMT.
Trump announced the ceasefire at 2230 GMT andOil dropped 15% immediately after.
Large trades like this are almost never done in single blocks. Traders specifically avoid this to prevent moving the market.
Someone did it anyway, right before one of the most market moving announcements of the year.
This is the third major suspicious trade tied to a Trump’s recent announcements.

RELEASE THE UNREDACTED EPSTEIN FILES!
RELEASE THE UNREDACTED EPSTEIN FILES!
RELEASE THE UNREDACTED EPSTEIN FILES!
RELEASE THE UNREDACTED EPSTEIN FILES!
RELEASE THE UNREDACTED EPSTEIN FILES!

NEW: FBI report indicates 13-year-old accuser was truthful in allegations against Trump, corroborating most of her testimony.

Cannibalism. Rape. Murder. Pedophilia. Not a single arrest. Not a single investigation.

Trump was just denied membership from the exclusive Patron’s Club at Augusta National Golf Club where The Masters is held. Here’s my favorite part: “Trump has been deemed a poor fit for the organization’s culture” I’m not defending the clubs history, but this did make me smile!

Pam Bondi just cancelled her appearance before the House Oversight Committee — where she was set to answer questions about Jeffrey Epstein’s child trafficking network.
She’s not coming.

Rep. Kelly Morrison reportedly violated the STOCK Act by disclosing seven figures’ worth of financial trades more than a year late. It’s time to ban congressional stock trading!

Sam Altman

– gay man who adopted a child via surrogacy
– his sister accused him of raping and sexually abusing her
– put an NSA chief on his board and then a few months later announced that erotic material would be enabled on OpenAI
– is called a sociopath by Aaron Schwartz (RIP)
– has been accused of ordering the hit on or killing his employee Suchir Balaji
– has never cofounded a profitable company
Some people will say the last line is the most surprising.

ECP NetHappenings Trump Media buys 2B of Bitcoin

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Trump Media buys 2B of BTC

Remember Bitcoin isn’t a Republican thing or a Democrat thing or any political party thing.

NICK SZABO: “This is the dream of de-politicizing money.”
Bitcoin’s freedom from politics is its true strength.

Trump Media officially signs $2.44 billion deal to buy Bitcoin and hold it as a treasury asset.

May 30, 2025 Trump media bought $2 billion of BTC.
Trump Media & Technology Group disclosed Monday that its bitcoin $BTC and related crypto holdings have reached about $2 billion.

SARASOTA, Fla., July 21, 2025 (GLOBE
NEWSWIRE) — Trump Media and Technology
Group Corp. (Nasdaq, NYSE Texas: DJT)
(“Trump Media” or the “Company”), operator
of the social media platform Truth Social, the
streaming platform Truth+, and the FinTech
brand Truth.Fi, announced today that the
Company has accumulated approximately $2
billion in bitcoin and bitcoin-related securities
as part of its previously announced bitcoin
treasury strategy.
The holdings now comprise around two-thirds
of Trump Media’s approximately $3 billion in
liquid assets.

Trump used the presidency to pump crypto, then had his company buy $2B in bitcoin. He’s enriching himself—and how his crypto czar still has financial ties to the industry he’s regulating.

@MaxKeiser blows the whistle:
“The Great Bifurcation: Before buying any for the reserve fund, DT is front running Americans and buying Bitcoin for himself.”

7/29/25 TRUMP STILL HASN’T BOUGHT ANY BITCOIN FOR THE US STRATEGIC BITCOIN RESERVE
He is front running it for himself. 
Expect fireworks as the White House gears up to reveal its BTC reserve playbook—this isn’t just another policy drop, it’s a potential supply shock trigger. Analysts are hyped on the BITCOIN Act: if the U.S. starts shopping for BTC, or its just another nothing burger. Imagine explaining this to someone in 2013 !!!!

First they (your financial advisor) suggested 1% and now it’s 15%… do you understand?
Billionaire Ray Dalio recommends a 15% Bitcoin allocation to hedge against fiat debasement.
The money printer is coming.

*The real game is #Bitcoin accumulation.
With just ~28K BTC left in U.S. Marshal custody, the window for building a sovereign reserve is closing fast. The U.S. is focusing on stablecoin regulation but missing the bigger picture. https://www.youtube.com/watch?v=DByVWY_br7Q

7/27/25
The US Treasury values around 8,000 tons of gold near a 1973 statutory rate of $42 per ounce. By reissuing its gold certificates to reflect current market rates at $3,000 per ounce, the Treasury would recognize over $700 billion in gains that could be used to acquire BTC.
Take 200 billion of the surplus (budget neutral) and buy bitcoin.
1.6M btc secured.

Don’t Time The Market it’s all about Time In The Market
Years of Time…… 5 years, 10 years, 20 years.
Start with 0.01 BTC = $1177.00 USD fiat
Bitcoin might be the best asymmetrical “bet” of your your life.
WHY? because owning 0.01 Bitcoin makes you more rare than a FIAT millionaire.
There is at least a couple billion dollars coming into the market for BTC that will settle in Q4.

FYI: Buying 1 #Bitcoin at the top of every cycle would have turned $90,000 into $470,000 this would be a 420% gain despite poor timing.

80% of Americans are in debt, with an average debt of $105,000. The #TrumpCrash is coming.

Bitcoin has now fully recovered from the $9 BILLION market dump of 80,000 $BTC last week by a Bitcoin whale who bought 14 years ago.

2022 — was 2.5 years ago you could have bought Bitcoin for $16,000.
Let that sink in.

Josh Man @JoshMandell6
Pool tables covered with luxurious green
Each game lasts a month, know what I mean
Since the launch from 84k, we’re keeping it real
Running the tables is the art of the deal.
Green months will follow just like before
Until we have reached the four forty four

FORCAST MAX KEISER
1) Powell isn’t budging on rates, and the exploding M2 money supply isn’t happening fast enough to debase the dollar fast enough to please Trump’s export hopes, so he’s going to double the M2 money supply number with so-called stablecoins. Your USD purchasing power is about to get cut in half.

Meanwhile, those who issue stablecoins are stacking Bitcoin as fast as they can because they know (unlike Trump) what’s coming.

CYPHERPUNK LEGEND ADAM BACK JUST SAID THAT EVERY CRYPTO THAT ISN’T #BITCOIN IS “GOING TO $0”

₿REAKING: New Record Bitcoin Hashrate
921,000,000,000,000,000,000x per second

NOVEMBER 2 2025 ROK AI PREDICTS THE #BITCOIN PRICE WILL GO UP 300% TO HIT $400k IN THE NEXT 100 DAYS
THE MOST ADVANCED AI IN THE WORLD

One #Bitcoin now worth more than one kilo of #Gold.
1 BTC = $117,700 > 1KG GOLD $106,500

Decentralization means power to the people, not institutions.
It’s wild to think about how many people are excluded from basic financial services; web3 offers a path to inclusion, and that’s a powerful narrative. Banking the unbanked, bitcoin’s real power.

PROTECT YOUR HEALTH AND WEALTH

HEALTHCARE IS THE BIGGEST EMPLOYER IN THE US

DENYING YOUR CLAIM IS THEIR BUSINESS MODEL
UnitedHealth is accused of:
– defrauding customers and taxpayers out of tens of billions of dollars
– using AI to deny claims with a 90% error rate
– denying customers life saving care
their fraud, your denied claims and medical debt are their profits
Demand Medicare for All

• Forbes
UnitedHealth Reports $3.4 Billion Profit And Sees
2026 Earnings Growth
By Bruce Japsen, Senior Contributor.
about healthcare business and policy.
Published Jul 29, 2025 at 06:40am EDT,
Updated Jul 29, 2025 at 07:18am EDT
UnitedHealth Group profits fell to $3.4 billion in the
second quarter as the giant provider of health benefits and
services grapples with rising costs of providing health
insurance to millions of Americans.

ECP NetHappenings Happy Bitcoin Pizza Day

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TODAY 5/22/25 12:47 pm
1 BTC STILL equals 1 BTC
1 BTC now worth $111,480.oo
US FIAT Dollars

Happy Bitcoin Pizza Day!
14 years (2011) ago today, a man named Laszlo spent 10,000 BTC on 2 large pizzas. 

THIS IS WHY WE BITCOIN

South America discovers one of world’s largest copper, gold, silver deposits
Interestingly, this is the biggest gold, copper, and silver deposit discovered in the past three decades. THERE IS ALWAYS MORE COPPER, GOLD, AND SILVER — THERE IS ONLY 21 MILLION BITCOIN, NEVER MORE THAN THAT.

BTC

EDUCATION

Public funds shouldn’t be used for private, for-profit schools, and to enrich private school investors.

Supreme Court deadlock blocks nation’s first religious charter school.
Conservative Justiæ Barrett recused herself from the case involving a proposed Oklahoma Catholic school
Oklahoma will not be able to launch the nation’s first ever religious public charter school after the Supreme Court deadlocked in a 4-4 split, a major case on the separation of church and state.

A judge blocks President Trump’s executive order to shut down the Education Department.

The median pay for a Gen Z college graduate was $60,000, based on data from the Federal Reserve Bank of New York, compared to $40,000 for a high school graduate.

@SenatorDurbin: With federal funds, the Chicago Health Department reduced the rate of children with elevated blood levels of lead from 70% in 1996 to 2% today.
The entire division working to prevent kids from being poisoned by lead was fired.

D☭ИOld tЯUmp

Exclusive: Hacker who breached communications app used by Trump aide stole data from across US government
https://www.reuters.com/world/us/hacker-who-breached-communications-app-used-by-trump-aide-stole-data-across-us-2025-05-21/

So, this is insane:
“FOIA requests at numerous federal agencies in February were ‘lost’ by a government records contractor. It turns out, the ‘data failure’ was linked to two convicted hackers who worked at the company.” — via ⁦
@JasonLeopold
https://www.bloomberg.com/news/newsletters/2025-05-21/how-2-hackers-erased-hundreds-of-foia-requests
With redactions lifted, we can see what the government was trying to keep secret.

ICE is seeking the addresses of people it is investigating — information that taxpayers entrust the IRS to keep confidential, and that the IRS is bound by law to keep safe.

Exclusive: A hacker who breached communications app used by Trump aide stole data from across US government –
https://www.reuters.com/world/us/hacker-who-breached-communications-app-used-by-trump-aide-stole-data-across-us-2025-05-21/

BUDGET / TAXES

US Rethuglican House passes Trump’s disgusting, ugly, horrendous ‘big, beautiful’ tax and spending bill.

U.S. Institute of Peace leaders regain control of HQ after judge declares DOGE takeover “null and void.”

“Appeasement never works,” writes @Sulliview. Not for @ABC, not for law firms, and not for universities that have caved to Trump. It won’t work for @CBS either. https://margaretsullivan.

Alexander S. Vindman @AVindman
The ReTrumplicans passed a budget that adds an estimated 10 Trillion to National debt. Setting aside the hypocrisy over claims of fiscal conservatism and the threat to national security, as debt service payments in the future will make it very difficult to cover debt, pay for national defense, and meet services obligations like providing Social Security and Medicaid, this is a billionaire’s budget. It steals from the poor, working class, and middle class Americans to give to the ultra wealthy.
Trump has schizophrenic communist, fascist, and robber baron tendencies. He demands industry/ business price controls, stifles free speech, attempts to silence opposition, and uses the law to pursue political opponents. And he’s taxing most Americans with his idiotic tariff scheme, while stealing their hard-earned benefits to enrich himself and his billionaire friends. And the
@GOP completely embraces these activities.

$PLTR Palantir co-founder @JTLonsdale: I’m excited to help with the ‘Golden Dome’.
Reportedly Palantir, @anduriltech and @SpaceX are the frontrunners of Golden Dome contracts on the non-traditional commercial company side of things..

HEALTH CARE

The Real Target: How Republicans Are Using Tax Cuts to Gut Obamacare in the Dead of Night
Let’s Be Clear: This Is About Gutting Obamacare—And Handing the Bones to Billionaires

WTF. The budget bill cuts 500 BILLION to Medicare!
UnitedHealth secretly paid nursing homes to slash hospitalizations for elderly residents, according to a new @guardian investigation.

Yes, the GOP budget guts Medicaid, SNAP and gives more tax breaks to the mega-rich — but it also:
– Lets Big Oil buy public land to drill
– 10 year ban on state AI regulations
– Tax break on gun silencers
– Restricts funding to nonprofits
– Defunds women’s health organizations

In America, we call this “healthcare.”
UnitedHealth secretly paid nursing homes to slash hospitalizations for elderly residents, according to a new @guardian investigation.

COWARDS ‘INTENTIONALLY HIDING’: GOP TRIESTO SNEAK THROUGH MEDICAID CUTS IN
Democrats bashed Republicans for scheduling a meeting to push
through Donald Trump’s “big, beautiful” bill for 1:00 a.m.
By NIKKI MCCANN RAMIREZ
MAY 21, 2025
House Speaker Mike Johnson (R-La.) arrives to a House Rules Committee meeting on the One Big Beautiful
Bill Act at the U.S. Capitol on May 21, 2025.
“Of course, you don’t want anybody to know what you’re doing here,” Rep. Jim McGovern (D-Mass.) said around 1:30 a.m. “It’s because you know this bill betrays the people who voted for you.”

CREDIT

“Credit” derives from “Credo” (Latin) meaning “I believe” …

Dow tumbles by more than 800 points and bonds fall as concerns rise over America’s status as a safe place to invest https://www.cnn.com/2025/05/21/investing/us-stock-market-bonds

Moody’s now has the following countries credit rated higher (AAA) than the United States (AA1):

– Germany
– Canada
– Australia
– Denmark
– Luxembourg
– Netherlands
– Switzerland
– Norway
– Sweden
– Singapore

BITCOIN

NEW #BITCOIN ATH!
Congrats to all the HODLers!
https://video.twimg.com/amplify_video/1925206567017689089/vid/avc1/320×350/Wgv6XSY2X8piYd9U.mp4
https://threadreaderapp.com/thread/1925206632037786073.html

#BITCOIN JUST SURPASSED AMAZON AND GOOGLE TO BECOME THE 5th LARGEST ASSET IN THE WORLD. WHAT A TIME TO BE ALIVE!!!

Once BTC properly breaks all time highs, the move to 118k will be very fast.

GAMESTOP IS NOW FOLLOWING #BITCOIN LEGEND HAL FINNEY
THEY ARE TELLING YOU $4.7 BILLION BTC BUY INCOMING

BINANCE FOUNDER CZ SAYS #BITCOIN IS GOING TO $1 MILLION DURING THIS CYCLE

Kraken to offer tokenized US stocks to users worldwide.

Senators revive bill to harmonize conflicting cybersecurity regulations
The legislation Sens. Gary Peters and James Lankford would create an executive branch panel to align federal cyber rules.
https://cyberscoop.com/senators-revive-bill-to-harmonize-conflicting-cybersecurity-regulations/

Coinbase breach happened on Dec 26, 2024.
For over 5 months hackers had full access to the data of 69,000 Coinbase clients & harvested their data.
It’s wild Counbase didn’t think to disclose this till now.
https://techcrunch.com/2025/05/21/coinbase-says-its-data-breach-affects-at-least-69000-customers/

UNITED STATES CONGRESS INTRODUCES BILL TO PROTECT #BITCOIN SOFTWARE DEVELOPERS FROM LEGAL ATTACKS.
OPEN SOURCE IS NOT A CRIME. HUGE

@gladstein
A leaderless decentralized cypherpunk open source software project that secures property rights and free speech for anyone and destroys central banking and financial censorship has just eclipsed the corporate behemoth Amazon in market cap.
Apple, NVIDIA and Microsoft will all fall at the same time.

CIRCLE, TETHER, AND OTHERS ALL SURVEILLED AND COMPLY
DARK STABLECOINS OPERATE OUTSIDE OF GOVERNMENT
PEOPLE WILL WANT ALTERTERNATIVES ISSUED BY NON CENSORING ENTITIES AND THE SPACE IS SURVEILLANCE AND COMPLIANCE.
When your “decentralized” stablecoin knows more about you than your bank…
You don’t need a new wallet.
You need a new system.
Bitcoin doesn’t surveil. It frees
It’s weird how people are “opposed to surveillance” only until they get their hands on the surveillance apparatus.
https://gizmodo.com/fbi-director-kash-patel-abruptly-closes-internal-watchdog-office-overseeing-surveillance-compliance-2000604994

AI

2 major newspapers unknowingly publish AI book list with imaginary book titles
https://triblive.com/news/world/2-major-newspapers-unknowingly-publish-ai-book-list-with-imaginary-book-titles/
An AI-generated book list with imaginary book titles and nonexistent plots was published by two renowned newspapers — the Chicago Sun-Times and the Philadelphia Inquirer.
The articles were published in the papers’ “Heat Index” special sections, a multipage insert filled with tips, advice and articles on summertime activities, The Washington Post reported.

▓▓▓—▓▓▓—▓▓▓—▓▓▓

ECP: NetHappenings NewsLetter Headlines 8-16-23

ECP: NetHappenings NewsLetter Headlines 8-16-23

#Hiring #BTC #ETH #Wanxiang #China

#HIRING

Future of Privacy Forum @futureofprivacy #hiring
Apply for FPF’s Elise Berkower Fellowship! Applications are due October 8, 2023. Get all the details and information to apply

Federation of American Scientists @FAScientists
What would an Energy Security Workforce Training (ESWT) Initiative do? Improve the nation’s ability to advance the clean energy transition quickly and effectively, among other benefits.
https://fas.org/publication/talent-pipeline-for-the-clean-energy-transition/

#BTC, #ETH,#Wanxiang #China

Europe’s First Spot Bitcoin ETF Lists in Amsterdam
The Jacobi FT Wilshere Bitcoin ETF is regulated by the Guernsey Financial Services Commission (GFSC) and will trade under the ticker “BCOIN.”
SEC delays set deadlines for Bitcoin ETF approval to early 2024

How Bitcoin Fixes Big Government Matthew R. Kratter
https://www.youtube.com/watch?v=LUW6Pw14qUQ
In this video, I discuss how Bitcoin fixes big government and its overreach by helping to defund it and normalize its size vs the overall economy.
When government is too big, everything becomes politicized, as people seek to weaponize the government against their enemies or use it as a slush fund for their business

Coinbase  securing approval from the NFA to operate as a Futures Commission Merchant in the U.S. @coinbase can now offer futures contracts in $BTC and $ETH to eligible customers.

TruthLabs @BoringSleuth Time for a thread
Wanxiang themselves, on their own Website, state that they represent Wanxiang China and act as a entity for US Citizens to deal with them via USD and US Contracts.
Wanxiang, who is THEE Whale behind Ethereum, Prometheum, Longling Capital and a dozen other Ethereum Whale entities, doesn’t even hide who they are on their Website. On their homepage, they state: “Wanxiang America Corporation, The United States Incorporated offices of WANXIANG CHINA.”
If you haven’t heard, @PatrickMcHenry and the @FinancialCmte today called on the @secgov and @finra to explain their shady approval of Prometheum as the only Special Purpose Broker-Dealer for Digital Assets. In the letters to the @SECGov and @FINRA, the @financialcmte talks about the concerning tie between Prometheum and Wanxiang, along with a number of concerns as to why/how this CCP associated company secured the only SPBD to date for Digital assets. In January, I told the world how it was Wanxiang that was behind Ethereum. In April, I called out Gary Gensler of the SEC for teaching a false History on Ethereum at MIT, not once mentioning the backing of the CCP. In July, I let the world know that Prometheum purchased and owned the Crypto Address’: KillTrump.eth and KillTrump.Crypto This is not a joke. Both the SEC and FINRA overlooked this and awarded them LONE access to our markets. Dr. Feng, who is head of Hashkey, setup/funded Longling Capital, Wanxiang Blockchain, and was the original funder of some of Huobi’s exchange wallets doesn’t believe the Crypto they issue needs to be backed by “any underlying assets, and the credibility of the Chinese Government alone is enough to compete with, and even outcomplete, any stable digital currency issuer in the current market”.

MIT & ETHEREUM ICO
Today, when I was documenting the Top 20 Inbound address’ from Kraken’s main address, I found a couple of very interesting things.
1. The Top 20 address’, that sent ETH inbound to Kraken represent almost 10% of Ethereums total supply.
2. Among the Top 20 OUTBOUND address’ is an MIT address! These 3 address received over 290K $ETH! Guess who else is connected to these address’? None other than Wanxiang! As you know Wanxiang is connected to Prometheum, who Gensler, the SEC, and FINRA gave the LONE Special Dealer Broker License for Digital Assets to. As you know, Gary Gensler taught his Blockchain History course at MIT, in which he omitted the Chinese connections to Ethereum from the course. Who owns these wallets?
0x955F150B6FA6260D001AB08b7C20b5d924f43fd2
https://twitter.com/BoringSleuth/status/1691612067025879427
I just found a transaction where Wanxiang sent 2,322 Ethereum to web.MIT.edupayment.eth This could get interesting. Think its MIT? I do. https://twitter.com/BoringSleuth/status/1691643512507257146/photo/1

Protos.com Tether Papers
Tether boasted a $1 billion market capitalization when Bitcoin hit $20,000 at the end of 2017. This year, it’s a $70 billion-plus powerhouse.  The makeup of Tether’s reserves and its inner workings are yet to be disclosed in clear detail. Still, the question of who exactly buys Tether directly from its parent company Bitfinex has remained unanswered since its inception way back in 2014.

Binance files for protective order against SEC
U.S. regulators sued Binance and CEO Changpeng Zhao in June for allegedly operating a “web of deception,” listing 13 charges including claims the company artificially inflated its trading volumes, diverted customer funds, failed to restrict U.S. customers from its platform and misled investors about its market surveillance controls.

https://twitter.com/BoringSleuth/status/1691243281458368512

SAM BANKMAN FRIED


@DOJCrimDiv files superseding indictment against @SBF_FTX that alleges Bankman-Fried directed more than $100M in illegal campaign contributions to Democrats and Republicans.

This indictment alleges that SBF lobbied members of Congress and “other high-level government officials to promote cryptocurrency regulation that would favor his business and personal interests.” This may make Gary Gensler a witness. Which means SBF’s lawyers would be able to cross-examine Gensler under oath at trial.

No wonder Gensler’s been doing all he can to “crackdown” on crypto – the guy’s trying to cover his own back, it was never about protecting investors and always only about protecting his own neck. SBF put GG and the rest of those involved against the wall. Well played unless this trial is pushed to post 2024 election. Perhaps leading to the rumors of No Clarity Gary being replaced by Hester Pierce.

RENT STABILIZTION LAW

@jul1arock writes about a billionaire-backed (and corruption-prone) Supreme Court case that could spell the “end of New York City”
FRIENDS OF THE COURT ask SCOTUS to RAISE RENTS Billionaire real estate interests
Bezos-Backed Startup Lets You Become A Landlord With $100
https://www.benzinga.com/real-estate/22/10/29268850/bezos-backed-startup-lets-you-become-a-landlord-with-100-dollars
Clarence Thomas’ Billionaire Benefactor Tied To SCOTUS Bombshell
At least one group petitioning the court to take the case has substantial ties to both Harlan Crow, the GOP megadonor and Justice Clarence Thomas benefactor, and Paul Singer, the hedge fund billionaire who provided an undisclosed private jet flight to Justice Samuel Alito.
The Supreme Court just gutted wetland protections after lobbying by Harlan Crow’s business interests.

#IP / #PRIVACY

Food Wars You can’t label it feta:
Europe ignites food war with US, demanding that only cheeses produced in their origin region can use ‘historically trademarked’ names.

India enacted the Digital Personal Data Protection Act (#DPDP) on August 11, completing a major milestone in its years-long journey towards a comprehensive data protection law.

 

TOP IT ALL OFF WITH 

Grocery prices rose in July by the most since early this year, and those costs are 23% higher than they were at the start of the pandemic, per Bloomberg.

The current #1 track on iTunes that zoomed to the top of the charts in less than a week is an antigovernment folk song from an off-grid farmer. Let that sink in.

The 14th Amendment has already disqualified him from running for office.

Arizona, Nevada, Wisconsin, Pennsylvania and Michigan should follow Georgia’s lead in pursuing criminal charges against MAGA sedition plot leaders who tried to overturn their elections as well in 2020.

After all the public investment in the research and production of vaccines, I just had to leave the pharmacy without my daughter’s shots because the flu is $68 and COVID is $110. Who can afford $178 PER KID for shots before the school year starts??

It took almost two weeks for Twitter to turn over Donald Trump’s pronouns to DOJ.

4 indictments,
91 FELONY charges,
2 impeachments,
1 act of sedition, and
threatening civil war.

26 women alleging sexual assault.
1.13 million Americans dead from Covid.

And he is the front runner of the ReTHUGlican Party.

A RICO indictment calls him out as the head of a criminal enterprise, a statute often used for mob bosses and organized crime. There are still 147 members of Congress who voted not to certify the results.