November 2022 - cypherpunks - lists.cpunks.org

[ot][spam][crazy] email list statistics
by Undescribed Horrific Abuse, One Victim & Survivor of Many 20 Nov '22

20 Nov '22

concept: viewing chart of post frequencies to list as a spammer, I often feel like my spam is intended to "quash" the other posters into stopping posting. hence, information on how much posting frequency change is in response to me, and how much is simply normal, could be interesting. buuuut charts are hard for me. i imagine a large magnifying lens focused on the list, and the list squirming. i am not trying to fry the brains of the mailing list (even if one can become skilled at that)! i was simply curious!

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[important][crazy][draft] Releasing Video Project
by Undescribed Horrific Abuse, One Victim & Survivor of Many 19 Nov '22

19 Nov '22

draft concept Hi, This is a list historically composed of software developers who could resist censorship and surveillance entirely. I would like to make a videostreaming app for people in life-threatening situations to share publicly their situation: WITH OTHER PEOPLE. Please help me produce this app by connecting me with actual software developers interesting in working on it. This is a severe human rights situation. I am capable of making this app myself, _if I can write code freely_, which I do not seem presently able to do. But, it is a simple task to any normal coder. It is comparable to any other app. [/draft idea] Basically, the draft is a callout and request for help around concepts that are severely important on almost all sides of any concern. ----- Of course, this project appears very likely to emerge on its own.

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Cryptocurrency: Stop Asking For Permission !!!
by grarpamp 19 Nov '22

19 Nov '22

Forget Politics, Stop Asking For Permission And Lean Into Bitcoin’s Utility Instead https:/tftc.io/martys-bent/issue-1281-posture-from-a-position-of-strength/ When one considers the state of the Union today, it doesn’t really seem like there is a viable path to affect change via the political process. Monday night was the inaugural Bitcoin Jawn meetup in Philadelphia. I had the pleasure of being in attendance and participating in the discussion. The topic of the first gathering was "Bitcoin and Freedom," which is very fitting considering that Philadelphia is the birthplace of the United States of America, where revolutionaries thrust their flag into the earth and said something along the lines of, "We will no longer be ruled by an unaccountable despotic king unfairly taxing us while living in a foreign land. We will be free men." As a native Philadelphian, I have always been drawn to the Founding Fathers, what they believed and how they imposed their will on the largest empire in the world to ensure they and their families could live a life rooted in the free will of the individual. During the meet up, the conversation landed on the topic of what can be done to lobby policy makers to protect bitcoin from overbearing regulation. What can we do to protect bitcoin mining from climate hysterics? How can we get a de minimis spend tax exemption? How can we get bitcoin labeled as free speech, which would eliminate capital gains taxes altogether so individuals can transact freely? These were all interesting topics and definitely things I would like to see. However, I couldn't shake the irony that we were gathered in a small pub in Philadelphia and essentially begging for the most basic of freedoms: The freedom to choose what we deem to be the best money for ourselves and spend it as we see fit without fear of retaliation from a despotic government. The Founding Fathers would be shrieking in rage over how the Republic they created has changed. Benjamin Franklin would surely remark, "Well it seems that you all were most certainly not able to keep it." When one considers the state of the Union today, particularly the bloated and tyrannical state of the federal government, it doesn't really seem like there is a viable path to affect change via the political process. The whole system has been corrupted by special interests and an intelligence apparatus that has gone drunk with power. It seems like a completely idiotic strategy to think that lobbying the goliath to act favorably toward a tool that is destined to destroy it is a good way to spend one`s time and resources. Instead, anyone who would like to see bitcoin succeed in defanging a shadow government gone mad with power would be better off spending their time and resources working as hard and as quickly as possible to initiate and fortify a bitcoin circular economy that equips those looking to peacefully escape the goliath and supporting them from a position of impenetrable strength. Asking the goliath for permission to defang it is acting from a position of weakness that is destined to fail. The goliath, understanding its perceived authority in the eyes of its subjects, will probably give subjects looking for permission a false sense of security by saying things like, "Ok, but..." * You can use bitcoin, but you have to report all of your addresses to me. * You can mine bitcoin, but you can only use these approved energy sources and only include these transactions in blocks you mine. * You can use the Lightning Network for payments, but you can only open up channels with channel counterparties on this credentialed list. If this is the route taken by Bitcoiners, it will lead to a dead end that renders bitcoin's value proposition completely useless in the United States. This is certainly a path I do not want to take and an outcome I do not want my children to be subjected to. I want to live free. I want to rid the goliath from my life. I want to have agency over my money. I do not want to ask permission for something I should be able to do freely. Does that make me a "radical" in the eyes of the goliath? Maybe, but I'd sooner change my name to David and take the goliath head-on than bow down and let it lord over me in a tyrannical fashion any longer. I think the founding fathers would have the same inclination and you shouldn't be afraid to do the same. The goliath morphed from an entity that was supposed to represent us and protect our freedoms into an entity that causes great harm and erodes more and more freedoms every single day that passes.

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Democracy: Today's Tyranny
by grarpamp 19 Nov '22

19 Nov '22

On 11/4/22, Undescribed Horrific Abuse, One Victim & Survivor of Many <gmkarl(a)gmail.com> wrote: > i came from occupy wall street, where “direct democracy” was the > thing, no elections, just doing things that everybody agreed to do. No, OWS did not have "everybody" in agreement, else they literally would *all* be doing the exact same thing. Yet there were lots of beautiful free people who said no to whatever things, and if none of them were harmed for it then that would indeed be notable. Unfortunately for democracy worshippers, even their fabled "direct democracy" (democracy without representatives) still does not grant them any authority over others. Same for "social contracts", "constitutions", etc... sans your agreement and signature, not valid over you. Democracy is wrongly taught, believed, and applied, which results everywhere today in deadly tyranny by the majority against those who have done no such harm, wars to become the new majority, ad nauseum. Democracy cannot be fixed because it relies upon the flawed principle that initiating force over others is valid. So quit wasting time repeatedly trying to fix it, and go explore something totally different that hasn't really ever been tried before. > when i hear people asking for anarchy rather than democracy So long as they declare themselves Voluntary, then that is by default better than any democracy as practiced anywhere in the world today. > my country happens to be a democracy. Which, again like all such ones in current practice, sucks, brutally so. "Their very character, tyranny; their figure, deformity." "Any democracy that wages upon the non-participant while said non-participant does not wage upon it... is illegitimate."

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Cryptocurrency: Saylor - Depart The System
by grarpamp 19 Nov '22

19 Nov '22

https://www.youtube.com/watch?v=V6W6x5d7N3g Saylor - Depart WEF - "You will own nothing!" Bitcoin - Fuck that and Fuck you !!! "Shift your money to cyberspace."

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Cryptocurrency: Noel Lovisa Asshat Attacks BitcoinCashCity Hayden Otto
by grarpamp 19 Nov '22

19 Nov '22

https://twitter.com/BitcoinCashCity https://twitter.com/Hayden_Otto https://www.wipo.int/amc/en/domains/search/case.jsp?case_id=60486 https://twitter.com/BitcoinCashCity/status/1593866375575273472 I've been criticised for deleting the BCH Conference videos from my YouTube. Noel Lovisa threatened to sue me if I did not remove them. While I disagree with the claims in this letter, I tried to appease him by deleting and in return he filed a UDRP complaint against my domain.

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Cryptocurrency: Bitcoin_Cash-BCH Conf 2022 Nov 12-13 StKitts Real Crypto Adoption
by grarpamp 19 Nov '22

19 Nov '22

BCH: The Electonic Cash Adoption and Usage Conference https://bch-22.com/ https://youtube.com/watch?v=-yCRukHoQ1E Bitcoin Cash City https://vimeo.com/755872844 #StKitts has the highest per capita #Cryptocurrency adoption of any country on earth, including #ElSalvador, and it was all %100 voluntary grass roots adoption. Come see for yourself at BCH-22.com next month. https://bitcoincash.org/ https://bitcoincashpodcast.com/ https://whybitcoincash.com/ https://cashfusion.org/ https://www.bitcoin.com/get-started/what-is-bitcoin-cash https://www.reddit.com/r/Bitcoincash+btc/ https://read.cash/@alberdioni8406/using-bitcoin-cash-has-never-been-simpler… https://old.reddit.com/r/btc/comments/x3geth/i_just_want_to_say_im_ultra_th… https://i.redd.it/0sw1rbsd1my71.jpg There are only about five cryptos in actual use today, and BCH is one of about only two of those that seek and begin to serve as private cash medium of exchange.

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Cryptocurrency: Privacy Coin Ban EU Says In Leaked Docs
by grarpamp 19 Nov '22

19 Nov '22

Don't let their FUD and silly "bans" and "laws" tell you what you can and cannot do with your money and the fruits of your labor, who you can and cannot barter trade and do business with, what local p2p things you can do with other people, what communities you can build. It's all brainwashing, privacy is your right not theirs, so tell them to FUCK OFF. Spread and use privacy freedom. https://www.coindesk.com/policy/2022/11/15/privacy-enhancing-crypto-coins-c… https://moneroj.net/metcalfeusd/ https://academic.oup.com/cybersecurity/article/7/1/tyab004/6166133 "A set of tools to combat privacy-coins may include means of a different technological, regulatory, economic (fiscal) nature, also including state attacks on underlying privacy-blockchains. The letter tool, as possible regulatory access points of the blockchain space, was already mentioned by Finck [16], however, without further analysis in that domain. The AML/CFT measures should concentrate on the cryptocurrency of indicated networks, instead of targeting the people who are members of their communities. The tools can and should aim towards reducing the particular currencies’ value, consequently inducing a voluntary outflow of their users." Privacy-Enhancing Crypto Coins Could Be Banned Under Leaked EU Plans Crypto providers would be forbidden from touching the likes of monero or dash under proposed government amendments to anti-money laundering rules. The European Union could ban banks and crypto providers from dealing in privacy-enhancing coins such as zcash, monero and dash under a leaked draft of a money laundering bill obtained by CoinDesk. The plans from Czech officials, who are chairing talks among EU governments on the proposed law, would represent the latest nail in the coffin for anonymous means of payment following tough new rules agreed over the summer. “Credit institutions, financial institutions and crypto-asset service providers shall be prohibited from keeping …anonymity-enhancing coins,” said a legislative draft seen by CoinDesk, dated Nov. 9, which has been circulated to the bloc's other 26 member states for comment. An EU diplomat told CoinDesk that the measure was intended to avoid the risk stemming from crypto assets that are specifically designed to avoid traceability. The ban on privacy coins, which prevent snooping into blockchain activity, is intended to mirror one on anonymous instruments such as bearer shares and anonymous accounts that was included in the original bill proposal. The Czech proposal responds to a demand from countries negotiating the text, said the diplomat, who spoke on the condition of anonymity on negotiations taking place behind closed doors. The Anti-Money Laundering Regulation was proposed in July 2021 by the European Commission as part of a package that would also forbid large cash transactions and create a new anti-money laundering agency, AMLA, to vet practices at large financial institutions. Under the Czech plans, crypto asset providers would be obliged to verify customers' identity even for occasional transactions of under 1,000 euros ($1,040), and to probe the nature and purpose of the business for larger payments. That would make rules more onerous than for other kinds of firms such as banks, where due diligence rules only kick in for larger payments, apparently due to fears that crypto payments can easily be broken up into smaller chunks. Crypto service providers doing business outside the EU would need to verify whether their counterparty is licensed, and verify what money laundering controls they have, the document also proposed, with details of the vetting to be set out by AMLA. In their parallel amendments to the bill, lawmakers at the European Parliament have zeroed in on the processing of dirty money via the metaverse, decentralized finance and non-fungible tokens (NFTs). The bill must be agreed by both the Council and the European Parliament to pass into law. If it does, it would represent the latest in a regulatory onslaught against online anonymity – which has legitimate purposes, but which regulators also worry can be used to process criminal funds, bust sanctions, or raise money for terrorists and other pariahs. In August, the U.S. Treasury imposed sanctions on Ethereum-based privacy tool Tornado Cash, which it said was used to raise money for North Korea's weapons program — the first time sanction powers were invoked against a decentralized protocol. The EU’s own Markets in Crypto Assets Regulation (MiCA), agreed but not yet in force, prevents exchanges from allowing the trading of anonymous crypto assets unless they’ve identified the holders. A parallel set of rules on the transfer of funds imposes extra checks on anyone handling the likes of monero or dash.

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Cryptocurrency: Enclave Market ... Is a CEX Not A True DEX
by grarpamp 19 Nov '22

19 Nov '22

On 11/16/22, professor rat <pro2rat(a)yahoo.com.au> wrote: > https://www.enclave.market/ Requires KYC, only erc20 not cross-L1, thus garbage. If you can't trade/swap between all L1 coins (and thus all their platform children) that can make a crypto signature, if you have to "deposit coins" to a NYKNYC instead of being atomic, then you're just using a CEX or scam or not a true DEX. Any opensource market running on I2P/Tor would be better than that IP address too. Also, use relevant subject lines, asshole.

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🚨 Stablecoin stop sign
by Gunnar Larson 19 Nov '22

19 Nov '22

---------- Forwarded message --------- From: Axios Crypto <crypto(a)axios.com> Date: Fri, Nov 18, 2022, 12:22 PM Subject: 🚨 Stablecoin stop sign To: <g(a)xny.io> Plus: A new wallet for FTX | Friday, November 18, 2022 [image: Axios] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tP3V…> <https://link.axios.com/click/29742089.11786/aHR0cDovL3d3dy5heGlvcy5jb20_dXR…> Open in app <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9heGlvcy5wYWdlLmxpbms…> View in browser <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tL25…> Axios Crypto By Crystal Kim and Brady Dale ·Nov 18, 2022 *Crypto exchanges* are mysteriously suspending support for select Solana-based stablecoins. Plus, Multicoin. - Documents, balance sheets, emails or otherwise that show FTX contagion —if you've got 'em, share 'em: crypto(a)axios.com. *Today's newsletter is 1,238 words, a 5-minute read.* 🛑 1 big thing: Solana-based stablecoins halted [image: Illustration of the eyes emoji with two coins with the letter s in them for pupils.] Illustration: Brendan Lynch/Axios *Binance and OKX yesterday* suspended deposits in Circle's (USDC) and Tether's (USDT) stablecoins based on the Solana blockchain, in a puzzling display of crypto exchange operations. - Beyond the notices of the suspension, the exchanges said little more to explain the reason for the abrupt move. - "Just extra mitigation of on-chain risk," Lennix Lai, director of financial markets at OKX, tells Axios. - Binance did not respond to emailed queries yesterday and today. *Why it matters:* The top two dollar-pegged stablecoins by market capitalization are listed on dozens of exchanges, but the sudden, unexplained actions taken by a few of those exchanges raise the question of how stable the Solana ecosystem is. *Driving the news:* The suspension of support for the two top Solana-based stablecoins was largely noticed with the announcement <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYmluYW5jZS5jb20…> from Binance, but the first to take action was Crypto.com, when the exchange halted <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuY29pbmRlc2suY29…> them last week in the mayhem of FTX's unwinding. - Crypto.com's chief said withdrawals, in general, have resumed <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmN…>, but there are no explanations specific to the Solana-based stablecoins. - Binance resumed deposits <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYmluYW5jZXpoLmp…> for USDT yesterday, "after internal assessment and review." No word yet on USDC. - OKX posted a message <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cub2t4LmNvbS9zdXB…> on its website yesterday saying it would delist those tokens at 3am UTC or 10pm ET. It updated the message to say that support for deposits and withdrawals would be halted. (It's effectively the same thing but with less harsh phrasing.) *What they're saying:* If there was an FTX-related angle for the move, it wasn't obvious: "Is there some angle to Alameda I don't understand causing the delistings?" Twitter user @cmsholdings <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9jbXN…> asked. - Circle CEO Jeremy Allaire responded: "Not clear what the motivations are for exchange actions, which are disappointing." - Circle spokesperson Rachel Busch tells Axios that the USDC natively issued on Solana was "functioning fine." *What others are saying:* Kraken supports Solana-based USDC, the exchange's Bill King tweeted <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9iaWx…> yesterday. *Context:* FTX contagion spread to the Solana ecosystem <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzI…> quickly, owing to the leadership role of FTX founder and former CEO Sam Bankman-Fried (SBF) in that community. - The Solana blockchain has not suffered any incidents <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9zdGF0dXMuc29sYW5hLmN…> this month. *The intrigue: *If Circle presented any risk, exchanges might have reason to check things out. - Some alarm bells were raised when the yield on Circle's Earn product showed zero on Wednesday; archived web pages <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93ZWIuYXJjaGl2ZS5vcmc…> showed a 0.25% yield on them the day earlier. - The change seemed to coincide with Genesis Global's crypto lending unit announcing that it would halt customer withdrawals and loan originations, which led to the Winklevoss twins' exchange Gemini suspending its yield-earning Earn product. - "Circle chose to change the yield from 0.25% yield to 0% before Genesis closed their credit lines," Busch, the spokesperson for Circle, says. "Circle Yield has historically been driven by demand to borrow in crypto capital markets." *What we're watching: *Circle is set to file third quarter <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuY2lyY2xlLmNvbS9…> earnings in a few days. [image: Share on Facebook] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuZmFjZWJvb2suY29…> [image: Tweet this Story] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9pbnR…> [image: Post to LinkedIn] <https://link.axios.com/click/29742089.11786/aHR0cDovL3d3dy5saW5rZWRpbi5jb20…> [image: Email this Story] <?subject=From+Axios:+🛑+1+big+thing:+Solana-based+stablecoins+halted&body=g%40xny.io%20has%20shared%20an%20Axios%20story%20with%20you%3A%0A%0A🛑+1+big+thing:+Solana-based+stablecoins+halted%0Ahttps%3A%2F%2Fwww.axios.com%2Fnewsletters%2Faxios-crypto-dabf4851-0982-4a95-a2f8-6b023e9078a7.html%3Fchunk%3D0%26utm_term%3Demshare#story0> 💇‍♂️ 2. Charted: Markets contra the contrarian Data: CoinGecko; Chart: Thomas Oide/Axios *Here's something *you won't hear many other crypto investors say: "I expect in 10 years' time, Bitcoin will be irrelevant," *Brady writes*. - Multicoin Capital co-founder Kyle Samani said exactly that last year in an interview with Cointelegraph <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cueW91dHViZS5jb20…>. It's not a new position <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9LeWx…> for him. *Background: *Multicoin has always positioned itself as a contrarian investor. Not only is it critical of Bitcoin, it's also been making bets against the original smart contract blockchain, Ethereum. - In 2018, it came out with a thesis in support of EOS <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9tdWx0aWNvaW4uY2FwaXR…>, a smart contract blockchain, which would ultimately complete the largest initial coin offering of them all. That didn't work out. - In recent years, it's been one of the biggest boosters of Solana, another smart contract blockchain launched by tech industry veterans. That blockchain has been hit especially hard <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzI…> by the FTX unwinding. *State of play: *The whole market is down, but bitcoin isn't down nearly as bad as some of Multicoin's biggest bets. - Not completely eschewing Ethereum, in September 2021, Multicoin led <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9tdWx0aWNvaW4uY2FwaXR…> a $17.4 million round in Eden Network, a transaction relay. - Helium <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzI…>, the grassroots data network, represented its single biggest position in its first fund <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9tdWx0aWNvaW4uY2FwaXR…>. Early this year, it announced it was looking for more projects <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9tdWx0aWNvaW4uY2FwaXR…> that worked like Helium. - *Not shown: *In January, it announced <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9tdWx0aWNvaW4uY2FwaXR…> co-leading a $46 million round in Metaplex, a protocol for NFTs, whose token did not come out till September, when it first sold for about $0.88. Now it trades around $0.06, according to CoinGecko <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuY29pbmdlY2tvLmN…> . *What they're saying: "*We don't comment on performance," Multicoin spokesperson John Robert Reed told Axios via email last night. - Reed told Axios that any rumor about the firm's health is "entirely false and has no merit." *What we're watching: *One Twitter user claiming to be an LP expressed concerns <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9EclN…> this morning. Axios is in the middle of reporting out such complaints. *Be smart:* No one said this would be easy. Polychain, a premiere crypto fund, was feted for hitting a billion-dollar valuation <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9mb3J0dW5lLmNvbS8yMDE…>, only to have questions swirl as its bets tanked <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cud3NqLmNvbS9hcnR…> amid Crypto Winter. - By 2020, the limited partners who stuck it out were crowing again about wild gains <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuY29pbmRlc2suY29…> . [image: Share on Facebook] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuZmFjZWJvb2suY29…> [image: Tweet this Story] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9pbnR…> [image: Post to LinkedIn] <https://link.axios.com/click/29742089.11786/aHR0cDovL3d3dy5saW5rZWRpbi5jb20…> [image: Email this Story] <?subject=From+Axios:+💇‍♂️+2.+Charted:+Markets+contra+the+contrarian&body=g%40xny.io%20has%20shared%20an%20Axios%20story%20with%20you%3A%0A%0A💇‍♂️+2.+Charted:+Markets+contra+the+contrarian%0Ahttps%3A%2F%2Fwww.axios.com%2Fnewsletters%2Faxios-crypto-dabf4851-0982-4a95-a2f8-6b023e9078a7.html%3Fchunk%3D1%26utm_term%3Demshare#story1> 🔐 3. Securities regulator secures FTX assets Photo illustration: Leon Neal/Getty Images *The Securities Commission of the Bahamas* announced today that it had moved FTX Digital Markets (FDM) assets to wallets in the control of the government agency, *Brady writes*. *What they're saying: *"The Commission has the authority to apply for a judicial order to protect the interests of clients or customers of a registrant of the Commission," the letter said <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuc2NiLmdvdi5icy9…> . *Details:* The value of the assets on FDM is not clear. *What we're watching: *A venue battle <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuY25iYy5jb20vMjA…> over the FTX bankruptcy is underway. A filing yesterday sought <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly9wYWNlci1kb2N1bWVudHM…> to bring proceedings under the Bankruptcy Court for the District of Delaware. - However, the Bahamas letter included this cryptic statement: "It is not the understanding of the Commission that FDM is a party to the U.S. Chapter 11 Bankruptcy proceedings." - Axios contacted the regulator about the statement. It replied only to note we would receive subsequent statements on the case, without acknowledging the question. *The other side: *"This appears to be part of a turf battle between Bahamian authorities and the U.S. bankruptcy proceedings," Matthew Gold and Dov Kleiner, bankruptcy partners at Kleinberg Kaplan, tell Axios in a statement. *Yes, but: "*On its face, there is nothing alarming about this move. If the SEC secured these digital assets — in the wake of an unprecedented collapse, apparent fraud, and looming legal fight — it might be considered prudent by many," Renato Mariotti, partner with Bryan Cave Leighton Paisner, tells Axios via a spokesperson. - He noted that authorities in the Bahamas appear willing to cooperate with other nations. [image: Share on Facebook] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuZmFjZWJvb2suY29…> [image: Tweet this Story] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9pbnR…> [image: Post to LinkedIn] <https://link.axios.com/click/29742089.11786/aHR0cDovL3d3dy5saW5rZWRpbi5jb20…> [image: Email this Story] <?subject=From+Axios:+🔐++3.+Securities+regulator+secures+FTX+assets&body=g%40xny.io%20has%20shared%20an%20Axios%20story%20with%20you%3A%0A%0A🔐++3.+Securities+regulator+secures+FTX+assets%0Ahttps%3A%2F%2Fwww.axios.com%2Fnewsletters%2Faxios-crypto-dabf4851-0982-4a95-a2f8-6b023e9078a7.html%3Fchunk%3D2%26utm_term%3Demshare#story2> 🚁 4. Catch up quick 🕳 *Digital Currency Group* company Genesis has been seeking $1 billion in emergency funding. (WSJ <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cud3NqLmNvbS9saXZ…> ) 👀 *More details* on investments that SBF made. (Semafor <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuc2VtYWZvci5jb20…> ) 📊 *DEX volumes* are up significantly as traders flee centralized exchanges. (Bloomberg <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmN…> ) 🩹 *Blockchain industry* licks its wounds in D.C. while lawmakers offer reassurance. (Axios <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzI…> ) [image: Share on Facebook] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuZmFjZWJvb2suY29…> [image: Tweet this Story] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9pbnR…> [image: Post to LinkedIn] <https://link.axios.com/click/29742089.11786/aHR0cDovL3d3dy5saW5rZWRpbi5jb20…> [image: Email this Story] <?subject=From+Axios:+🚁+4.+Catch+up+quick&body=g%40xny.io%20has%20shared%20an%20Axios%20story%20with%20you%3A%0A%0A🚁+4.+Catch+up+quick%0Ahttps%3A%2F%2Fwww.axios.com%2Fnewsletters%2Faxios-crypto-dabf4851-0982-4a95-a2f8-6b023e9078a7.html%3Fchunk%3D3%26utm_term%3Demshare#story3> Sponsored by [image: NO AD TODAY logo] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tLz9…> Top coins Data: CoinGecko; Table: Axios Visuals [image: Share on Facebook] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuZmFjZWJvb2suY29…> [image: Tweet this Story] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9pbnR…> [image: Post to LinkedIn] <https://link.axios.com/click/29742089.11786/aHR0cDovL3d3dy5saW5rZWRpbi5jb20…> [image: Email this Story] <?subject=From+Axios:+Top+coins&body=g%40xny.io%20has%20shared%20an%20Axios%20story%20with%20you%3A%0A%0ATop+coins%0Ahttps%3A%2F%2Fwww.axios.com%2Fnewsletters%2Faxios-crypto-dabf4851-0982-4a95-a2f8-6b023e9078a7.html%3Fchunk%3D4%26utm_term%3Demshare#story4> 📰 5. Culture hash: #RIPTwitter [image: Elon Musk opines on FTX coverage on Twitter, the social media platform he recently bought.] Screenshot: @elonmusk (Twitter <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9lbG9…> ) *#Twittershutdown *and #GoodByeTwitter are trending on Twitter amid what looks like a standoff <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYnVzaW5lc3NpbnN…> between the social media giant's employees and its new CEO Elon Musk, *Crystal writes*. *What's happening*: A potential shutdown couldn't come at a worse time for Crypto Twitter. - Details of FTX's implosion unfolded right on the platform. *Zoom out*: Meanwhile, the man who kicked off the crypto chaos made his own meta comment <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9jel9…> on Twitter news. *💭 Our thought bubble*: It's nuts what folks won't say on the record to a reporter, but will freely tweet. *The intrigue*: Finra is looking into <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuZmlucmEub3JnL3J…> that. [image: Share on Facebook] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuZmFjZWJvb2suY29…> [image: Tweet this Story] <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly90d2l0dGVyLmNvbS9pbnR…> [image: Post to LinkedIn] <https://link.axios.com/click/29742089.11786/aHR0cDovL3d3dy5saW5rZWRpbi5jb20…> [image: Email this Story] <?subject=From+Axios:+📰+5.+Culture+hash:+#RIPTwitter&body=g%40xny.io%20has%20shared%20an%20Axios%20story%20with%20you%3A%0A%0A📰+5.+Culture+hash:+%23RIPTwitter%0Ahttps%3A%2F%2Fwww.axios.com%2Fnewsletters%2Faxios-crypto-dabf4851-0982-4a95-a2f8-6b023e9078a7.html%3Fchunk%3D5%26utm_term%3Demshare%23story5> *This newsletter was edited by Pete Gannon and copy edited by Carolyn DiPaolo. * Who's scared Twitter will get shut down?—*B & C* [image: Axios] Why stop here? Let's go Pro. Join the thousands of professionals <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tL3B…> reading Axios Pro: Fintech Deals to better understand the forces shaping their industry. Axios thanks our partners for supporting our newsletters. If you’re interested in advertising, learn more here <https://link.axios.com/click/29742089.11786/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F…>. Sponsorship has no influence on editorial content. Axios, 3100 Clarendon B‌lvd, Arlington VA 22201 You received this email because you signed up for newsletters from Axios. Change your preferences or unsubscribe here. <https://link.axios.com/oc/62155aad577a4801a449ec18hph55.93e/c2b593ad> Was this email forwarded to you? Sign up now <https://link.axios.com/join/5fx/signup-all?utm_source=forwarded_email> to get Axios in your inbox. 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