Notices tagged with crypto

so are all the #Hollywood celebrities hawking #techbro #spyware and #crypto scams, fascist collaborators or nah?

#tv #ads

Top story: While #Bitcoin is designed as a decentralized payment system, its consumption of Texans’ true wealth—natural resources—is centralized in the hands of a few companies, sucking up massive amounts of water and #energy to keep hardware running 24/7.
https://www.texasobserver.org/the-crypto-racket/

#water #environment #ClimateChange #pollution #politics #USpol #news #Texas #crypto

German and Dutch authorities, the BKA and FIOD, have shut down the eXch crypto swapper, stealing 34 million Euros, seizing the infrastructure, and now having access to any historical data rendering most coins tainted.

It is still surprising to me how many non-KYC exchanges and swappers host their infrastructure in a country like Germany, which is a country that is known to be highly hostile and aggressive towards crypto as a whole and has led several operations to shut down dozens of different swapping services within the past year.

Furthermore, if you do run a swapping service, the only real solution to hide your infrastructure is to make it accessible only as a hidden service or an eep site, if you favor i2p over tor. Either way, the days of hosting these services via the clearnet are long gone and it seems like many of the service providers still haven't taken note of this. Getting a hidden service going isn't particularly difficult, especially when you look at the additional level of security and privacy you derive from it.

For anyone intending on swapping coins, my recommendation is to use P2P services like RetoSwap (Haveno) and Bisq instead of the swappers. The swappers are much quicker and easier to use, but they have a tendency to log any and all data, which likely remain unsecured. If the feds go after them, you can almost be guaranteed they will get access to that data, which taints any historical and present coins you got from the service. If you absolutely have to use one of those services, access them via Tor and use Monero when swapping. Don't exchange clear coins for other clear coins, otherwise you're placing yourself at risk without the ability to mitigate it in the future.

Official message issued by FIOD and BKA:

> To users of the recently dismantled cryptocurrency exch.ange,
>
> *****This message is issued by the Dutch Fiscal Information and Investigation Service (FIOD) and the Bundeskriminalambt (BKA).
>
> The service has been taken offline as part of our enforcement action.
>
> We are actively investigating individuals involved in money laundering and other illegal activities through this swap service.
>
> Some question actions from law enforcement regarding crypto services. We want to make one thing clear: this action is not an attack on privacy. We respect the right to privacy and recognize its importance in the digital age. However, when services are heavily abused to commit crime, we will act.
>
> We urge everyone involved in illicit activity to cease immediately. The legal consequences can be serious. Our mission is to protect the integrity of the financial system and hold those who exploit it accountable.

>

> Privacy is not the problem - criminal misuse is.
>
> Sincerely,
>
> FIOD and BKA

Press Releases:

- https://www.bka.de/SharedDocs/Kurzmeldungen/DE/Kurzmeldungen/250509_eXch_abgeschaltet.html
- https://www.fiod.nl/bka-and-fiod-shut-down-cryptocurrency-swap-service-exch-e-34-million-in-cryptocurrency-has-been-seized-during-the-operation/

#exchange #crypto #feds

The Prospect Weekly Roundup: Republicans' Impossible Jigsaw Puzzle

#BigBeautifulBill #ProspectWeekly #Crypto #Politics #Republicans

https://prospect.org/videos/2025-05-09-prospect-weekly-roundup/

Bitcoin rallies all the way back above $100,000

#MarketRally #Bitcoin #Crypto #Cryptocurrency #PriceSurge

https://qz.com/bitcoin-cryptocurrency-trump-tariffs-trade-deal-1851779750

#EU to ban anonymous #crypto accounts and #privacy coins by 2027

https://cointelegraph.com/news/eu-crypto-ban-anonymous-privacy-tokens-2027

#Monero #anonymity #ZCash

100% of YouTube videos which say, “This is not a Ponzi scheme, I would never be invoked in a Ponzi scheme” are about Ponzi schemes and made by people involved in Ponzi schemes.


#MLMs #crypto #GetRichQuick

But #Trump’s financial disclosure report, which he is legally required to file, shows that he still personally benefits financially from most of these ventures.

Eric Trump said that many of the ventures…—from #crypto to #RealEstate —were underway *before* their father was re-elected.…

Donald Trump Jr rejected any suggestion that he was trading on his father’s name, saying he has been a businessman his entire adult life.🤣😂

#law #Constitution #EmolumentsClause #ImpeachTrump

Eric also serves on the board of a holding company that oversees #WorldLibertyFinancial, the family’s #crypto firm, & recently joined forces w/his older brother, Donald Trump Jr, to start a #Bitcoin mining operation, American Bitcoin.

The WH has said there are no #ethics issues because #Trump’s sons run the businesses🤣. “The president’s assets are in a trust managed by his children,” Anna Kelly, a White House spokeswoman, said. “There are no conflicts of interest.”😉

#law #EmolumentsClause

Just in the past 10 days, #DonaldTrumpJr made stops in #Hungary, #Romania, #Serbia & #Bulgaria on a paid-speech tour he has called “Trump Business Vision 2025,” which also included visits w/ #ForeignGovernment leaders & #political candidates. During roughly the same time, #EricTrump was shuttling among #Qatar, the #UAE & other #MiddleEast spots to push the family’s #RealEstate & #crypto plans.

#law #Constitution #EmolumentsClause #ImpeachTrump

#JeffMiller, a lobbyist & top #Trump fundraiser, is another founding member. In the Q1 of this year, he has registered to represent 39 new corporate clients, including the #crypto firm #Tether, an overseas operation that was a longtime target of US regulators until recently….

#law #corruption #broligarchy #plutocracy #technocracy #Constitution #EmolumentsClause #ImpeachTrump

#DavidSacks, who is a #crypto adviser to #Trump & another founding member, said the goal is *not* to create a venue for #access😉. Rather, he said in a recent podcast, “we want a place to hang out in DC” for the “younger, hipper, #Trump-aligned #Republican.”

Even as these real-life ventures were playing out, another push for #profit was underway in the virtual world. Investors in the $Trump #memecoin are bidding to become the top 220 owners of the collectible coin & win a dinner w/the president…

Trump's corruption will only escalate further, if Americans don't demand his resignation. It's time for a GENERAL STRIKE. Republican MOC are complicit.

#Corruption #Trump #Crypto #RICO #UAE #GeneralStrike #Conspirators #Traitors #Resist #Coup #USPol

DOGE's 19-Year-Old Staffer 'Big Balls' Appears With Elon on Fox News

#YoungStaff #Crypto #DOGE #Interview #ElonMusk

https://gizmodo.com/doges-19-year-old-staffer-big-balls-appears-with-elon-on-fox-news-2000597273

Oh shit we have a crypto bro running as an independent in the upcoming Singapore elections. He wants to create a SGD denominated coin

‘34 year old retireee’

https://www.straitstimes.com/singapore/politics/pap-does-not-believe-in-gambling-gho-sze-kee-on-her-mountbatten-challengers-bitcoin-policies

#Singapore #TootSea #crypto

It still seems hard to believe, but in the last #Congress, the #House #Republican majority formally launched an #impeachment inquiry against Joe #Biden. The endeavor never made any sense, but the underlying allegation was that the Democratic president was somehow the beneficiary of a weird #bribery scheme.

#law #Constitution #EmolumentsClause #ForeignAsset #Compromised #NationalSecurity #InfoSec #Trump #crypto #grift
https://www.msnbc.com/rachel-maddow-show/maddowblog/trumps-controversial-meme-coin-contest-proves-predictably-profitable-p-rcna203293

When pressed to justify their efforts, the #GOP’s #impeachment proponents pointed to an informant who brought bribery allegations to the attention of the FBI. That same informant was ultimately sent to prison — because he lied to the FBI about Biden.

That said, if there are still ofcls looking for a burgeoning controversy surrounding a president & the potential for… #bribes, do I have a story for them.…

#law #Constitution #EmolumentsClause #Compromised #NationalSecurity #Trump #crypto #grift

FWIW, folks I follow used these hashtags today: #law (27) #tech (24) #legaltech (23) #autosum (23) #scotus (12) #trump (11) #uspol (10) #uspolitics (9) #defendresearch (5) #auspol (5) #auslaw (4) #hashtaggames (3) #cryptocurrency (3) #funding (3) #apple (3) #dailystats (3) #openaccess (3) #crypto (3) #takedowns (3) #education (3) #thingsmoviecharactersinvent (3) #ai (3) #OpenScience (2) #lawfedi (2) #meta (2) #artificialintelligence (2) #academia (2) #censorship (2) [#DailyStats]

With apologies to Benjamin Schwartz. #NewYorkerCartoons #NewYorkerCartoonsUpdated #fads #AI #Crypto #Quantum #Hype #VC