ECP NetHappenings News Headlines 9-13-23

Sue the F’ckers into bankruptcy

ALL FIVE NEW YORK CITY EMPLOYEE PENSION FUNDS filed a shareholder lawsuit Wednesday against Fox Corporation for breach of fiduciary duty. The complaint alleges that the board knew that Fox News’ promotion of political falsehoods created defamation risk. NYC funds own more than $27 million worth of Fox shares.
“NYC Pension Funds Sue Fox for Neglect Over Election Lies”
https://www.thedailybeast.com/nyc-pension-funds-sue-fox-news-for-neglect-over-election-lies

#HEALTH

#StaySafe #VaccinesWork
The CDC recommends the new #COVID19 vaccine booster for everyone 6 months and up.
Two immunologists answer some common questions, like the right time to get your shot and what’s known about protection for the latest subvariants.

#SECURITY

CEO calls for more unemployment to give companies upper hand over workers.

When The Rich Tell You Who They Are, Believe Them
The capitalist who just told the world that capitalism requires hurting workers
https://spore.social/@joshuaphilll/111058128671464015

Yesterday, at a “property summit,” millionaire property developer Tim Gurner was caught on camera saying something extremely revealing. Well, he wasn’t caught. He sat on stage talking into a microphone. He said that since the start of the pandemic there has been a shift towards more worker empowerment, and even arrogance. And he wants bosses and governments to end that, expeditiously. In fact he thinks, “We need to see unemployment rise. Unemployment has to jump 40, 50 percent in my view. We need to see pain in the economy.”

How China Demands Tech Firms Reveal Hackable Flaws in Their Products

*******@******on.social/111058044768300977″>@Go*******@******on.social
A far-right figure who is involved in a secretive invitation-only fraternal organization, whose founder has spoken of being at war with the US government, is also part-owner of an ammunition company that has contracts with the federal government and law enforcement, the Guardian can reveal.Nathaniel Fischer – a venture capitalist, former Claremont Institute fellow and president of the Dallas lodge of the secretive Society for American Civic Renewal (SACR) – is also part-owner of Texas-based ammunition manufacturer S1 Armory, which trades as Stand 1 Armory.

Breakup these Monopolies
Get Rid of these LEECHES

Tech giants hold huge sway in matters of war, life and death. That should concern us all

CEOs of Anthropic, Google, IBM, Meta, Microsoft, Nvidia, OpenAI, Palantir and X. The guest list also includes Bill Gates, the former CEO of Microsoft, and Eric Schmidt, the former CEO of Google, along with leading officials from the entertainment industry, civil rights groups and labor organizations.
Bill Gates, Elon Musk and Mark Zuckerberg are meeting in Washington to discuss future AI regulations
Musk was seated at the opposite end of the room from Zuckerberg, in what is likely the first time that the two men have shared a room since they began challenging each other to a cage fight months ago.

F #ELON he is a traitor

  1. Leaders Ignored Warning Signs That Musk Would Help Putin
  2. Elon Musk, SpaceX Probes Demanded by Elizabeth Warren After Ukraine Revelations Elon Musk is a lesson in the dangers of unchecked corporate leader
  3. Musk “may have jeopardized data privacy and security” at X, DOJ says
  4. Elon Musk on X: “@TheRabbitHole84 There seems to be an innate need for religion. Many atheists simply adopt another belief system (eg wokeness) that is essentially a religion.” / X
  5. Elon Musk Frantically Moved Twitter Servers Himself, Eventually Realized His Mistake “In retrospect, the whole Sacramento shutdown was a mistake.” Musk’s wildly unconventional management style and, ultimately, his flair for extraordinary and sometimes self-destructive hubris. Instead of waiting for an orderly process to be put together, though, Musk decided to hastily move the servers with a motley crew consisting of himself, his cousins, a smattering of Tesla and SpaceX staff, and a moving company whose staff wanted to be paid in cash. Musk was so impatient that at one point he shimmied himself under a server floor and used a pen knife to open up an electrical cabinet in order to unplug the server.
  6. Watchdog accuses X again of not moderating hate speech
  7. Elon Musk Says He Has to Sue Jewish Anti-Hate Group to Prove He’s Not Antisemitic “Oh the irony!”
  8. Elon Musk Is Apparently Making the US Government Quite Nervous
    “Living in the world we live in, in which Elon runs this company and it is a private business under his control, we are living off his good graces.”
  9. The U.S. Government Can’t Allow Elon Musk the Power to Intervene in Wars
  10. Elon Musk is a lesson in the dangers of unchecked corporate leaders
  11. It Turns Out Facebook Also Owns a Trademark to “X,” Specifically for Social Media “There’s a 100 percent chance that Twitter is going to get sued over this by somebody.”
  12. “There seems to be an innate need for religion. Many atheists simply adopt another belief system (eg wokeness) that is essentially a religion.” ~ Elon Musk
  13. VLADIMIR PUTIN DECLARES HIS LOVE FOR ELON MUSK
    VLAD AND ELON 4-EVA.
  14. What Russia Got by Scaring Elon Musk
    The billionaire isn’t the only one who’s been frightened into holding back help for Ukraine.
  15. The PRC is infiltrating social media to sway popular opinion. Time to avoid getting news and info from mainstream media, including Facebook and Twitter/X.
    Meta: Pro-Chinese influence operation was the largest in history
    Meta researchers said the operation relied on thousands of accounts to spread pro-Chinese messages and attack critics of Beijing. Meta said on Tuesday that the company has taken down what officials at the firm describe as the largest ever “cross-platform covert influence operation in the world,” which featured thousands of accounts pushing pro-Chinese messages across Facebook, Instagram and other online platforms.
  16. Book reveals Elon Musk‘s secret deal with Jack DorseyWere Dorsey to ever need money, Musk would buy back his Twitter shares at the original takeover price of $54.20 per share. In other words, $22 billion became Dorsey’s valuation floor. Jack Dorsey Unveils Bluesky Social, the Decentralized Twitter-Killer. https://blueskyweb.xyz/
    Grimes reveals that Musk took a photo of her while she was having a C-section for their baby X Æ A-Xii and circulated it without her consent. The former couple have a third child named Techno Machanicus.  Shivon Zilis, an executive at his company Neuralink, bore Musk’s twins in 2021 after Musk wanted to be her sperm donor so that “the kids would be genetically his.”

Terry Kanefield  – I’ll try again to respond to this politico piece:
https://www.politico.com/news/2023/09/12/trump-doj-assist-biden-impeachment-probe-00115393

– First, some background.
The House issued a subpoena to Donald Trump in 2019 in as part of the first Impeachment inquiry.
Trump and his advisors made up a rule: The committee could not subpoena him without a full house vote.
Pelosi said that was nonsense. No full house vote was needed before the committee could issue subpoenas.
Pelosi, of course, was right. . .

Explore Tools

  1. https://fosstodon.org/explore
  2. https://mstdn.social/explore
  3. newsie.social is part of the decentralized social network powered by Mastodon.

TECHNOLOGY

Alert: New Kubernetes Vulnerabilities Enable Remote Attacks on Windows Endpoints
Three interrelated high-severity security flaws discovered in Kubernetes could be exploited to achieve remote code execution with elevated privileges on Windows endpoints within a cluster.
The issues, tracked as CVE-2023-3676, CVE-2023-3893, and CVE-2023-3955, carry CVSS scores of 8.8 and impact all Kubernetes environments with Windows nodes. Fixes for the vulnerabilities were released on August 23, 2023, following responsible disclosure by Akamai on July 13, 2023.

JFC it works, this is not a joke
CTRL+SHIFT+ALT+WINDOWS+L opens up Linkedin your default browser

#MONEY

Interesting Read Charles Schwab’s 2023 Modern Wealth Survey. Jun 16, 2023
Americans consider a net worth of at least $2.2Million to be rich.
Don’t despair if you’re not there. Survey responders say having a fulfilling personal life is what is most important. Americans feel that having time is more important than having money.

Of course SBF was arrested

Update: #SBF Arrested

SBF Now in jail, and his parents are out of jobs. Their courses are no longer listed at Stanford.

The baby boy with all his privilege ruined his family.

Sam Bankman-Fried is facing 8 charges, which could total up to 165 years in prison, unsealed indictment shows.

MERRY CHRISTMAS KRAMPUS IS THE UGLY MF WE NEED.
#Krampusnacht is a chance to have a devilishly good time during the holidays. But it might appeal for another reason:
Krampus THE UGLY ENFORCER may offer vicarious, instant satisfaction of doling out punishment to those deserving of it.
Milwaukee’s Krampusnacht parade, an event that has taken over the city’s historic Brewery District.
Krampusse come from all around the country to join in, and the parade has only grown bigger year over year.
Get Ready for the Jingle Bell Dance

SBF and Carolyn both Getting Started

Of course Carolyn & SBF started on Jane Street the shadowy front running firm.

SBF bought a troubled brokerage “RJL Capital Group”, renamed it “FTX Capital Markets” (which is apparently *not* included in the #FTX bankruptcy), devised satanic customer agreement. Also Embed Financial Technologies, Embed Clearing LLC  READ MORE

And ….

The work of @MikeBurgersburg who really rang the alarm bells on FTX and very well may have accelerated the whole collapse. When I found out he’s a doc who does crypto investigations in his spare time I decided to call him up! Article

His work — tracing blockchain transactions but then coming up against big black boxes where money in centralized exchanges can’t be traced — shows the lie at the heart of this ecosystem

WHO’S WHO AND WHAT’S WHAT

His girlfriend Carolyn’s Daddy – Glenn Ellison was a U.S. Securities and Exchange Chair was also Gensler’s boss when Gensler taught a course on Bitcoin at MIT . The former FTX CEO used to date Alameda Research CEO Caroline Ellison.

DADDY To The Rescue cause Caroline is a broke criminal.
Alameda Former CEO Caroline Ellison Hires SEC Ex-Top Regulator As Attorney For FTX Investigation.

Daddy Hires [REVOLVING DOOR PERFECTION]
Stephanie Avakian, the head of the Securities and Financial Services department at law firm WilmerHale and a former top cryptocurrency regulator at the SEC, has been hired by Caroline Ellison, who is 28 years old.
Avakian was the chief of the Enforcement Division at the SEC, where she increased cryptocurrency compliance by bringing actions against Ripple Lab and Robinhood. In addition, Avakian’s oversight encompassed a vast array of challenges, such as financial fraud, insider trading, audit and accounting irregularities, market structure and asset management anomalies.

The former CEO of Alameda Research, Caroline Ellison, has spent her entire professional career as a trader. While a junior studying math at Stanford University, Ellison took her first of two internships with Jane Street, a Wall Street hedge fund known for its heavy use of algorithms, where she excelled. She put off a one-year master’s degree program to join the firm full time.

“Trading is the biggest thing that allowed me to excel in trading,” Ellison said in an interview for Alameda’s podcast in 2021. For anyone else, the statement would be a tautology, but for the bookish Ellison, who came into crypto as a skeptic, it was never obvious that she’d lead one of the most influential digital asset hedge funds. The Wall Street Journal recently reported that Ellison told Alameda staffers in a video call that she was one of four people aware of the decision to send FTX customer funds to Alameda, to help the fund meet its liabilities.

So funny that SBF  gets arrested JUST IN TIME so that he can’t testify.
They don’t want him to say anything about his meetings with Gensler right? That makes sense.

SEC chair Gary Gensler ‘is in a corner’ as Congress demands to know how his agency MISSED signs that FTX was about to collapse – despite 45-minute Zoom call with Sam Bankman-Fried where they discussed a NEW trading platform He missed the biggest crypto collapse to date. It’s a bad look for the SEC and by extension the Democrats.
Anti-Crypto US Senator Elizabeth Warren had close ties with Sam Bankman-Fried, says Stacks co-founder Peter Shea. Isabelle Gensler worked for Warren.

The NY Southern District brings the charge.

Jack Mallers asks Business Insider why it refused to air interview 6 months ago in which he said SBF was spending money to be treated as an expert and acting maliciously. Original interview

#MoneyLaundering:

FTX inner circle had a group-chat on Signal called “Wirefraud” where they sent operational secrets before FTX collapsed – They all knew!!
SEC charges Sam Bankman-Fried with defrauding FTX investors.
The former CEO of Alameda Research, Caroline Ellison

Tether did billions of dollars of business with SBF.

“Earlier this year, Protos shed light on that mystery by reporting that just two companies, Alameda Research and Cumberland Global, were responsible for seeping roughly two-thirds of all Tether into the crypto ecosystem.”

#TetherPapers

Tether Papers: This is exactly who acquired 70% of all USDT ever issued

Tether minted most USDT to just 2 firms — Alameda and Cumberland

US Prosecutors consider charging Binance and its CEO for possible money laundering and sanctions violations – Reuters

RE: Binance “Execs bailing, institutional (Jump) capital fleeing, and charges coming”

There’s still time to lose your money on Binance and you can enjoy being in the same position as FTX customers, BlockFi customers, Celsius customers, Voyager customers, Gemini Earn customers, just keep trusting crypto exchanges under criminal investigation.

AND

CHINESE POLICE ARREST 63 PEOPLE ACCUSED OF LAUNDERING $1.7 BILLION IN CRYPTOCURRENCY VIA TETHER STABLECOIN

Shocking how this is announced at the same time as @SBF_FTX arrest. Coincidence?

Who Bought $1.6B in Bitcoin Wednesday, and Why?
It’s an eerie coincidence that a trade of this size happened on exchanges with ties to Chinese customers during a week beset by that country’s capital market woes.

Then

Billionaire Ken Griffin sues IRS and Treasury dept. for breach of privacy after disclosure of tax records – WSJ

Senator Merkley Introduces Legislation to Ban Hedge Fund Ownership of Residential Housing
Wall Street control of large portions of housing markets across America drives up rents, limits homeownership opportunities

also….

ELON MUSK: Trump didn’t break Twitter rules but they banned him anyway.

This is the bottom

Twitter just disbanded its “Trust and Safety” council composed of civil society groups – Wall Street Journal

Meanwhile, a former top Twitter official fled his home amid attacks following Musk tweets

Multiple Twitter employees installed SPYWARE on their work laptops at the request of ‘external organisations’.

Everybody Sing  . . .

Tomer Strolight
“50 ways to Pull a Ponzi”

You just pull out the rug, Doug
Make a new scam, Sam
Wear Gucci and sound smart, Heart
And print tokens for free
Start a new DEX, Lex
Make some new trick, Vitalik
Get your customers’ key, CZ
And print tokens for free” /