Newsletter: As parts of the crypto industry scramble to court the Harris administration with events like “Crypto4Harris”, others insist it is Harris who must “bend the knee”.
crypto
It’s finally time to release my newest project: https://www.followthecrypto.org/
This website provides a real-time lens into the cryptocurrency industry’s efforts to influence 2024 elections in the United States.
TECH BROs v. THE OCEAN:
CRYPTO: let's boil the oceans to create fake money for criminals. We'll fleece the rubes and make miillions. LOL you own that JPG now. Sure you do.
LLMs: let's boil the oceans to create pure garbage out of people's intellectual property. We'll steal from everyone and make millions.
THE OCEANS: brb making some hurricanes
Last week, Public Citizen’s Rick Claypool and I filed a complaint with the Federal Election Commission based on my research into apparent campaign finance violations by the Coinbase cryptocurrency exchange.
Read the full complaint and my updated article.
Complaint: https://www.citizen.org/article/coinbase-fec-complaint/
Updated article: https://www.citationneeded.news/coinbase-campaign-finance-violation/
#crypto #cryptocurrency #Coinbase #Fairshake #USpol #USpolitics
Coinbase Chief Legal Officer Paul Grewal weighed in on my reporting about the company’s apparent campaign finance violations, arguing that Coinbase is not a federal contractor.
I have updated the article to include his comments, and I’ve also noted that this argument does not seem to square with the law.
The article, with these updates, is here: https://citationneeded.news/coinbase-campaign-finance-violation/
More to come soon.
#CitationNeeded #Fairshake #Coinbase #USpolitics #USpol #crypto #cryptocurrency
An extra long newsletter today, because things have been about as wacky in crypto as everywhere else. Featured: Coinbase’s Stand With Crypto Alliance fudges the numbers, a (former) industry CEO has a meltdown, and an exchange suffers a nine-figure hack.
https://www.citationneeded.news/issue-62/
The cryptocurrency industry has been working overtime to sell a story: that there is a large contingent of voters voting based on candidates’ crypto policy stances. The problem is, it’s a story that does not seem to be well supported by data.
https://www.citationneeded.news/when-did-cryptocurrency-become-a-voter-issue/
Coinbase responds to campaign finance violation allegations, Trump panders to bitcoiners, and I chat with Lyn Alden about sexism in bitcoin. Catch up on the latest in my newsletter: https://www.citationneeded.news/issue-63/
SCOOP: Coinbase appears to have violated campaign finance laws with a $25 million donation to the Fairshake cryptocurrency super PAC, made while they were in active negotiations for a federal government contract.
https://www.citationneeded.news/coinbase-campaign-finance-violation/
#CitationNeeded #Fairshake #Coinbase #USpolitics #USpol #crypto #cryptocurrency
#Crypto damages Dems & Americans:
The Dem Party is in an open war over whether or not to re-embrace the fraud-ridden crypto IDU.
With a $120M: pro-crypto PAC Fairshake is the single largest spending operation in the 2024 elections, & has targeted Dem crypto critics in key swing states & dists. The PAC successfully kneecapped Rep Porter’s primary bid for Sen in 2023 with $10M in outside spending... is targeting 2 top Dems on the Sen Banking CMTE, Brown & Tester.
#USPol https://prospect.org/politics/2024-07-31-crypto-cash-affecting-democratic-races/
“Instead of finding common ground, industry executives lashed out at White House officials... ‘They basically just got yelled at.’ ”
Feels like they’re laying the groundwork for “regretfully they gave us no choice but to back Trump”.
https://www.foxbusiness.com/politics/crypto-executives-clash-democratic-leaders-heated-zoom-meeting
Every hacker should read this phrack article on repeat until they understand it.
https://phrack.org/issues/71/17.html#article
#phrack #finance #markets #crypto #stocks #infosec #cybersecurity
FTX founder Sam Bankman-Fried has just appealed his conviction. He argues, among other things, that the judge didn't like him.
https://www.courtlistener.com/docket/69143697/28/united-states-of-america-v-bankman-fried/
As headlines about the Trump family’s “World Liberty Financial” crypto project appear in outlets like the New York Times, a scam website spoofing the project remains on the front page of Google search results. Blockchain data show people actively purchasing the token.
This is the same scam URL and token address promoted by the hackers who compromised Twitter accounts belonging to Lara and Tiffany Trump two weeks ago.
#Barron Bails On His #Trump #Crypto Launch Speech Because Dad's #Blathering Took Too Long
In what may be the most perfectest Trump product launch ever, Barron (evidently eager to prove #KamalaHarris right about his Dad’s rallies) decided to bail on his presentation as the “visionary” behind the project because his Dad’s blathering took too long. Perfect. So so perfect.
#idiocracy #grift #weird #insane #Nonsense
#CommonSense #sanity #RealityBasedPolitics #HarrisWalz2024
https://www.dailykos.com/stories/2024/9/17/2271082/-Barron-Bails-On-His-Trump-Crypto-Launch-Speech-Because-Dad-s-Blathering-Took-Too-Long