@molly0xfff Pink peony club, I'm gonna keep on planting from the pink peony club...

[noted]: The Second Circuit has rejected Sam Bankman-Fried's appeal, upholding his conviction and 25-year sentence. The court ruled that whether his investments ultimately paid off is “irrelevant”. Meanwhile, SBF has applied for a presidential pardon.

https://www.citationneeded.news/second-circuit-rejects-sam-bankman-frieds-appeal/

#SBF #SamBankmanFried #crypto #cryptocurrency

My work tracking cryptocurrency and AI industry political spending has only underscored the importance of getting big money out of politics. I recently talked to Tiffany Muller, President of End Citizens United, about what it would take to do that, and how we’re closer than you might think.

Video: https://www.youtube.com/watch?v=oZAhNJbsPcA
Transcript: https://www.citationneeded.news/end-citizens-uniteds-tiffany-muller-on-fighting-big-money-in-politics/

#cryptocurrency #crypto #AI #ArtificialIntelligence #CitizensUnited #USpol #USpolitics

The industries spending hundreds of millions to write their own rules are counting on voters not knowing where the money comes from or what it’s buying. The goal of this project is to make sure they do. If you find this valuable, please consider supporting my work: https://www.citationneeded.news/signup/

#crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #CitationNeededNewsletter

The site updates in close to real time from FEC filings. Look up your state, your district, your candidates — particularly if you're in Alabama, California, Georgia, Oklahoma, or South Carolina where primaries are coming up and these super PACs are active.

If you know journalists covering these races, researchers studying tech policy, or voters in targeted districts — send them to the site. Here’s the full launch announcement: https://www.citationneeded.news/tech-influence-watch/

#crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #CitationNeededNewsletter

Most voters have no idea any of this is happening. These PACs run ads about jobs and immigration — never mentioning crypto or AI. 73% of voters disapprove of officials having crypto business ties, but 55% didn't even know Trump is personally involved in the industry (per CoinDesk).

But when voters do find out, the spending can backfire. In Illinois, candidates who called out the crypto money against them won their primaries despite being vastly outspent. Transparency is the only counter to this.

#crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #CitationNeededNewsletter

Crypto and AI companies have also poured $7 billion+ into Trump directly. Afterwards, 21+ SEC cases/investigations against crypto companies were dropped, regulators did a U-turn on crypto policy, and the industry was invited to write their own rules.

https://influence.citationneeded.news/analysis/quidproquo

#crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #CitationNeededNewsletter

The crypto industry spent $130 million buying the 2024 elections. Over a dozen pro-crypto Congresspeople were installed, and regulatory destruction followed. Now AI is running the same play, with the same strategists and funders. Following only crypto would be telling half the story.

#crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #CitationNeededNewsletter

I've been running Follow the Crypto since 2024. Today I'm relaunching it as Tech Influence Watch, expanded to cover AI political spending alongside crypto. They’ve spent more than $400 million this election cycle, and now you can follow it in close to real time.

https://influence.citationneeded.news/

Here’s the full story behind the Tech Influence Watch launch, including what I found while building it and why it matters now: https://www.citationneeded.news/tech-influence-watch/

#crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #CitationNeededNewsletter

my last name has wound up on some campaign database without my first name, so i keep hitting unsubscribe pages that ask "Not white? Please don't use this form"

RE: https://hachyderm.io/@molly0xfff/115188764996869075

Justin Sun has just moved to dismiss without prejudice his lawsuit against Bloomberg

https://www.courtlistener.com/docket/71089620/46/sun-v-bloomberg-lp/

#JustinSun

<3 @molly0xfff
https://www.citationneeded.news/issue-105/

A recent CoinDesk survey found 73% disapprove of government officials having crypto business ties, yet 55% weren’t aware of Trump’s involvement, and only 17% knew he co-founded World Liberty Financial.

This underscores why my work at Citation Needed is so necessary.

https://www.citationneeded.news/signup/

RE: https://hachyderm.io/@molly0xfff/116539510083516629

@molly0xfff is a national treasure. I wish more reporters had enough spine to point out when the quotes they include contain such pure nonsense like Molly does.

"World Liberty’s position essentially boils down to 'we disclosed that we kept all the centralized powers we said we were building a defi platform to escape, so calling those powers ‘secret’ is defamatory.'"

@molly0xfff for @citationneeded.news

#news #crypto #wlfi #trump #uspol #politics

https://www.citationneeded.news/issue-105/

Also in this issue: Trump holds his second event for holders of his memecoin, the CFTC says they’re going to use AI to review registration applications, and Congress claims they’ve reached a compromise between the bank and crypto lobbies (though the banking lobby doesn’t view it that way).

Citation Needed is an independent publication, entirely supported by readers like you. Consider signing up for a free or pay-what-you-want subscription — it really helps me to keep doing this work.

https://www.citationneeded.news/signup

Defunct crypto exchange Bittrex is trying a strategy we’ve seen (unsuccessfully) modeled by Ripple and Gemini: asking the SEC to repay past penalties now that the SEC under Trump has decided the laws they broke no longer apply to crypto.

#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter

The DOJ and CFTC are going after a US soldier who allegedly used his access to confidential military information to profit more than $400,000 on Polymarket bets. They are not going after Polymarket, which is supposed to prohibit US bettors, and whose advisory board includes Donald Trump Jr.

“The whole world, unfortunately, has become somewhat of a casino,” said former casino tycoon and current President Trump.

“I don’t like it,” said the man whose own social media platform has announced plans to launch a crypto-based prediction market feature.

#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter