Molly White
From billions of mysterious Tethers to the apparent identity theft of Thai sex workers, many questions remain about what happened at Bankman-Fried's crypto empire.
WTF was going on at FTX? Molly White's coverage of the FTX trial was fantastic and her list of topics that almost came up makes it seem like the trial was just the tip of a very weird iceberg.
The Status Kuo
[Trump] and the six unnamed co-conspirators told these GOP officials in seven states what illegal acts they should do and how they should do them. Those communications are not protected speech. They are instructions on how to commit fraud.
You can’t extend plausible deniability infinitely. We all saw this crime happen in real time despite the constant gaslighting posing as legal nuance.
NBC News
Taranto showed up at Obama's residence on Thursday after former President Donald Trump posted screenshots on his Truth Social platform that featured a purported address for Obama's home in Washington. Taranto's account reposted Trump's post.
This should be the headline: Former President Incites Followers to Violence Again.
Powered by returning companies, RAGA revenues in 2022 jumped 68%, reaching $21.6 million. The group used some of its funds to boost midterm candidates who pushed the lies that Trump won in 2020 and that the voting system is rife with fraud.
Corporations will not provide the accountability democracy needs to survive. See also: Dominion settlement with Fox which is good for Dominion but bad for democracy. We need a public system of accountability. Maybe we could call it a Justice Department if we had one.
New York Times
The additional power use across the country also causes as much carbon pollution as adding 3.5 million gas-powered cars to America’s roads, according to an analysis by WattTime, a nonprofit tech company. Many of the Bitcoin operations promote themselves as environmentally friendly and set up in areas rich with renewable energy, but their power needs are far too great to be satisfied by those sources alone.
Bitcoin is a waste of resources in so many ways. We need to shut it down.
The Guardian
"CEO Greg Becker personally led the bank’s half-million-dollar push to reduce scrutiny of his institution – and lawmakers obliged."
A lesson we should all take from this: sometimes you have to tell the libertarians no so people don’t get horrifically screwed if things blow up.
"Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to its failure."
It’s so funny when these coincidences happen.
"For generations, members of the Beers family of Canton, Ohio, have used Christian faith to sell health coverage to more than a hundred thousand people like Martin. Instead they delivered pain, debt and financial ruin, according to an investigation by ProPublica based on leaked internal documents, land records, court files and interviews. They have done this not once but twice and have faced few consequences."
Another side effect of our broken US health care system is evil people like these using people's faith and right wing media diet against them to steal money.
Popular Information
"In the piece, Fuller recounts a time in 2016 he saw a man grab “a handful of beef jerky” and walk out of a Walgreens. Based on this five-year-old anecdote and a statement from Walgreens, Fuller declared a “shoplifting epidemic” and called into question a sentencing-reform measure that reduced some thefts from felonies to misdemeanors. The piece, notably, does not include any data on crime rates in San Francisco."
The media wrote dozens of stories about a retail theft epidemic but it wasn’t based on reality. Why does the media choose to write about some topics frequently based on hearsay? Why aren’t there consequences or retractions with the same volume?
"Others may argue that with so much money involved, the bad guys will find another way. I strongly disagree. There are only three existing mechanisms capable of transferring a $5 million ransom—a bank-to-bank transfer, cash or cryptocurrencies. No other mechanisms currently exist that can meet the requirements of transferring millions of dollars at a time."
More fuel for the anti-crypto fire.
Washington Post
"The findings of nearly 300 pages include shocking new details about specific abuse cases and shine a light on how denominational leaders for decades actively resisted calls for abuse prevention and reform."
Decades of family values.
"Taherzadeh and Ali's alleged ruse was uncovered when a US Postal Inspector started investigating an alleged assault of a USPS letter carrier in an apartment complex where the two men allegedly had multiple units, according to court documents."
Speaking of federal agencies and crime, WTAF? Every time I see new information from this story it gets more bizarre.
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