Feed

Posted Apr 23, 2025, 11:15 am

The House Financial Services Republicans and the White House (now deleted) tagged either a hacked or fake account in their announcements that Paul Atkins was sworn in as SEC Chair. The "Atkins" account immediately started asking for crypto.

tags: #sec #trump-administration #twitter #us-politics
discuss: twitter · mastodon · bluesky · your site

Posted Apr 22, 2025, 2:26 pm

SEC Chair Paul Atkins sworn in

Meet our new SEC Chair, Paul Atkins. Who better for the role than a Project 2025 architect who blamed the FTX fraud on the US not being "accommodating" to blockchain technology?

@molly0xfff Who better to regulate financial markets than Paul Atkins, a Project 2025 architect who blamed the FTX fraud on the US not being "accommodating" to blockchain technology? #sec #trumpadministration #project2025 #paulatkins ♬ original sound - Molly White

tags: #sec #us-politics #video
discuss: twitter · bluesky · threads · tiktok · youtube · your site

Posted Apr 22, 2025, 11:52 am

Yuga Labs is looking to obtain a court order to seize possession of four crypto wallets from Jeremy Cahen, co-defendant in the Yuga v. Ryder Ripps case where Yuga won a nearly $9 million judgment.

Yuga has previously tried to collect the judgment via levies on Cahen’s various banks, as well as Robinhood, Gemini, Crypto.com, Coinbase, and Binance.

continue reading →

tags: #crypto #ryder-ripps #yuga-labs
discuss: twitter · mastodon · bluesky · your site

Posted Apr 18, 2025, 6:36 pm

i’m so glad we’re getting back to the time of year when i can go touch ~~grass~~ dirt after i finish writing a long and grim piece

continue reading →

tags: #gardening
discuss: twitter · mastodon · bluesky · your site

Posted Apr 17, 2025, 11:25 am

Trump’s Trump Media & Technology Group has just asked the US Securities and Exchange Commission to investigate and potentially pursue civil and criminal action against a short seller

To: Mark Uyeda, Acting Chairman, U.S. Securities and Exchange Commission
From: Trump Media & Technology Group

Date: April 17, 2025
Subject: Potential Illegal Naked Short Selling and Market Manipulation of DJT Stock

CC: Financial Industry Regulatory Authority (FINRA); Nasdaq; New York Stock Exchange

This letter serves to inform you of suspicious activity related to a disclosure filed in Germany by the U.K.-based hedge fund Qube Research & Technologies ("Qube"). The following data points raise critical questions about the timing and methods used in Qube's trading activities:

On April 10, 2025, Qube disclosed a nearly six-million share short position in Trump Media & Technology Group Corp ("TMTG") (NASDAQ, NYSE Texas: DJT). Thus, a U.K.-based entity, with a data center in Iceland, only disclosed these short sales in Germany.
According to Nasdaq, the total short interest in DJT as of March 31, 2025, was 10.7 million shares (see attached chart). Third party sources inform TMTG that the total short interest as of April 16, 2025, is virtually unchanged-approximately 11 million shares.
Neither Nasdaq, NYSE Texas, nor any other source has been able to confirm when the trades disclosed by Qube were conducted or if they were conducted at all.
The above factors, especially when combined with the history of suspicious trading surrounding DJT stock-including DJT appearing on Nasdaq's Regulation SHO Threshold Security List continuously for more than two months in 2024-could be indications of the illegal naked short selling of DJT shares.

We urge you to immediately investigate this suspicious trading and report your findings back to TMTG and any relevant civil and criminal authorities. American equities exchanges should be operated with full transparency and maximum efficiency, not as an opaque free-for-all reminiscent of a third-world casino.

tags: #corruption #donald-trump #us-politics
discuss: twitter · mastodon · bluesky · your site

Posted Apr 17, 2025, 10:41 am

Zero Edge crypto casino founder Richard Kim has been charged with wire fraud and securities fraud after soliciting investments for his crypto casino and then gambling them away. He was arrested and released on bond.

SOUTHERN DISTRICT OF NEW YORK, ss.:
THOMAS MCGUIRE, being duly sworn, deposes and says that he is a Special Agent with
the Federal Bureau of Investigation, and charges as follows:
COUNT ONE
(Wire Fraud)
1. From at least in or about March 2024 through at least in or about July 2024, in the
Southern District of New York and elsewhere, RICHARD KIM, the defendant, knowingly having
devised and intending to devise a scheme and artifice to defraud, and for obtaining money and
property by means of false and fraudulent pretenses, representations, and promises, transmitted
and caused to be transmitted by means of wire, radio, and television communication in interstate
and foreign commerce, writings, signs, signals, pictures, and sounds, for the purpose of executing
such scheme and artifice, to wit, KIM engaged in a scheme to misappropriate funds invested in the
Zero Edge company, and sent and received, and caused others to send and receive, electronic
communications or financial wires to and from the Southern District of New York and elsewhere,
in furtherance of that scheme.
(Title 18, United States Code, Section 1343 & 2.)
COUNT TWO
(Securities Fraud)
2. From at least in or about March 2024 through at least in or about July 2024, in the
Southern District of New York and elsewhere, RICHARD KIM, the defendant, willfully and
knowingly, directly and indirectly, by use of the means and instrumentalities of interstate
commerce, and of the mails and of the facilities of national securities exchanges, used and
employed, in connection with the purchase and sale of securities, manipulative and deceptive
devices and contrivances, in violation of Title 17, Code of Federal Regulations, Section 240.10b-5,
by: (a) employing devices, schemes and artifices to defraud; (b) making untrue statements of
material facts and omitting to state material facts necessary in order to make the statements made,
in light of the circumstances under which they were made, not misleading; and (c) engaging in
acts, practices and courses of business which operated and would operate as a fraud and deceit
upon persons, to wit, KIM engaged in a scheme to defraud investors in the Zero Edge company by

US v. Kim

tags: #crypto
discuss: twitter · mastodon · bluesky · your site

Posted Apr 15, 2025, 3:10 pm

White House crypto advisers have floated the idea of using tariff revenues or US gold reserves to buy bitcoin

@molly0xfff White House crypto advisers think tariff revenues or gold reserves could be used to buy Bitcoin, benefiting the president's billionaire crypto backers #cryptonews #cryptoindustry #cryptolobby #tariff #bitcoin #news #uspolitics ♬ original sound - Molly White