January 2023 - cypherpunks - lists.cpunks.org

JPMorgan Chase Hit with Lawsuit for Facilitating Jeffrey Epstein’s Crime Network; Similar Charges Were Brought Against It for Facilitating Madoff’s Ponzi Scheme
by Gunnar Larson 09 Jan '23

09 Jan '23

https://wallstreetonparade.com/2023/01/jpmorgan-chase-hit-with-lawsuit-for-… By Pam Martens and Russ Martens <https://wallstreetonparade.com/about-3/about/>: January 9, 2023 ~ [image: Jamie Dimon, Chairman and CEO of JPMorgan Chase] <https://wallstreetonparade.com/wp-content/uploads/2019/07/Jamie-Dimon-Film-…> Jamie Dimon, Chairman and CEO, JPMorgan Chase Making headlines around the world last week was the news that the Attorney General of the U.S. Virgin Islands, Denise George, was fired just days after she filed a federal lawsuit against JPMorgan Chase, charging it with facilitating the sex trafficking of children by Jeffrey Epstein. George was fired by the Governor of the Virgin Islands, Albert Bryan Jr. Unfortunately, those headlines and the mainstream news articles that accompanied them, fail to capture the worst parts of this story, which includes the following: the 30-page lawsuit filed by Attorney General George on December 27 in the Federal District Court for the Southern District of New York includes a “Sealed Document Placed in Vault” according to the Docket Sheet in the case; after the paragraph headlined as “JP Morgan Ignored Obvious Red Flags Relating to Epstein’s Accounts,” large segments of the lawsuit have been redacted with black lines covering full paragraphs; pages 15 through 22 of the lawsuit are completely white, with no black line redactions and no text; the case has been assigned to Judge Jed Rakoff, who lately seems to be the only Judge in that large courthouse that is allowed to oversee sensitive matters pertaining to JPMorgan Chase – the largest bank in the U.S. which has a rap sheet <https://wallstreetonparade.com/12259-2/> that reads like the Gambino crime family and which has racked up five criminal felony counts – to which it pleaded guilty. (See Judge Rakoff Signs a Dangerous Protective Order in Whistleblower Case Against 5-Count Felon JPMorgan Chase <https://wallstreetonparade.com/2022/01/judge-rakoff-signs-a-dangerous-prote…> .) In November, two Jane Doe cases were filed individually against JPMorgan Chase and Deutsche Bank for facilitating Jeffrey Epstein’s sex trafficking. Those cases were also assigned to Judge Jed Rakoff and have now been consolidated with the Virgin Islands case. The lead attorney in both Jane Doe cases is the prominent attorney, David Boies, of law firm Boies, Schiller & Flexner LLP. And, finally, the charges being leveled by the now sacked Attorney General of the Virgin Islands involving JPMorgan Chase facilitating the sex crimes of Jeffrey Epstein have a distinctly familiar ring to the charges brought in 2014 by the U.S. Department of Justice against JPMorgan Chase for facilitating the massive Ponzi scheme of Bernie Madoff. Compare the similarities: *Virgin Islands Attorney General’s lawsuit filed December 27, 2022* <https://wallstreetonparade.com/wp-content/uploads/2023/01/Government-of-U.S…>: “…JP Morgan knowingly facilitated, sustained, and concealed the human trafficking network operated by Jeffrey Epstein from his home and base in the Virgin Islands, and financially benefitted from this participation, directly or indirectly, by failing to comply with federal banking regulations. JP Morgan facilitated and concealed wire and cash transactions that raised suspicion of—and were in fact part of—a criminal enterprise whose currency was the sexual servitude of dozens of women and girls in and beyond the Virgin Islands. Human trafficking was the principal business of the accounts Epstein maintained at JP Morgan.” *U.S. Department of Justice Charges filed on January 7, 2014 <https://www.justice.gov/usao-sdny/pr/manhattan-us-attorney-and-fbi-assistan…>*: “Since 1986, JPMorgan and its predecessor institutions served as the primary bank through which Madoff ran his Ponzi scheme. Madoff Securities maintained a series of linked checking and brokerage accounts at JPMorgan – collectively referred to as the ‘703 Account.’…Early on in its relationship with Madoff Securities, JPMorgan, because of its unique vantage point as the firm’s banker, had reason to be suspicious about Madoff. For example, in the early 1990s the Bank learned that Madoff and a prominent client of JPMorgan’s Private Bank (the ‘Private Bank Client’) were engaged in what looked like round-tripping, check-kiting transactions. Another bank involved in these transactions (‘Madoff Bank 2’) recognized them as suspicious and without any legitimate business purpose. In or about 1996, unlike JPMorgan, Madoff Bank 2 not only filed a suspicious activity report (SAR’) with law enforcement, but it actually closed down Madoff’s account. As a result, Madoff moved all of his accounts from Madoff Bank 2 to JPMorgan, where the size of these transactions became much larger. For example, in December 2001 alone, the Private Bank Client engaged in approximately $6.8 billion worth of transactions with Madoff through a series of circular $90 million transfers.” Just like Madoff, Epstein held a multitude of accounts at JPMorgan Chase. Attorney General George wrote this in her lawsuit: “This illicit association of Epstein, businesses, and his associates constitutes what is referred to herein as the ‘Epstein Enterprise.’ Specifically included in the Epstein Enterprise were the following companies and non-profit organizations, all of which had accounts with JP Morgan: 2013 Butterfly Trust, Coatue Enterprises, LLC, C.O.U.Q. Foundation, Enhanced Education, Financial Trust Company, Inc., HBRK Associates, Inc., Hyperion Air, Inc, JEGE, Inc., JEGE, LLC, NES, LLC, Plan D, LLC, Southern Financial, LLC, and Southern Trust Company.” Attached to the lawsuit filed by ousted Attorney General George is an Exhibit 1, which is the text of the lawsuit the Virgin Islands recently settled against the Jeffrey Epstein estate. That lawsuit provides the following insight into the bank account operated by Southern Trust Company, which was supposed to be an information technology company: “Despite having no visible clients and only one full-time employee working on information technology during the bulk of the period, Southern Trust Company reportedly generated net income of $50.3 million in 2013, $67.5 million in 2014, $52.8 million in 2015, and $4.8 million in 2016 and $17.1 million in 2017, with aggregate income of $117.8 million in 2014, $170.6 million in 2015, $175.3 million in 2016 and $192.4 million in 2017, or aggregate income for the period of $656 million… “In fact, the main source of funds for the Epstein Enterprise came from Southern Trust. Between 2013 and 2017, Southern Trust reported approximately $184 million in revenues. “Bank records show that virtually all of Southern Trust Company’s income came from a single source (including related entities).” According to media reports, the vast majority of Southern Trust Company’s income came from Leon Black, the billionaire co-founder of private equity firm, Apollo Global Management. Black was sued last November by Cheri Pierson, who alleges he raped her at Epstein’s mansion in Manhattan in 2002 <https://www.reuters.com/legal/leon-black-accused-lawsuit-raping-woman-jeffr…>. Another woman, Guzel Ganieva, has also alleged rape against Black. Last November, Attorney General George settled her earlier lawsuit against the estate of Jeffrey Epstein for $105 million in cash, plus half the proceeds from the sale of Little St. James, the notorious private island where Epstein lived and allegedly molested an endless stream of underage girls. The settlement includes the disgorgement of $80 million in tax benefits that the Southern Trust Company fraudulently obtained from the Virgin Islands by characterizing itself as a legitimate technology company. Epstein died of a reported suicide in a Manhattan jail on August 10, 2019 as he awaited trial on charges of engaging in the sex trafficking of underage girls. *Related Article:* Jes Staley’s Ties to Jeffrey Epstein at JPMorgan Chase Just Cost Him His CEO Job at Barclays <https://wallstreetonparade.com/2021/11/jes-staleys-ties-to-jeffrey-epstein-…>

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Note on Decentralized Automated Scientific Inference
by Undescribed Horrific Abuse, One Victim & Survivor of Many 09 Jan '23

09 Jan '23

The galactica model is trained on scientific documents. Its large form has 120B parameters. Each layer is about 10GB in float16 precision. The bigscience/petals system for p2p inference splits by layers, so each node would need 5GB vram for 8 bit inference, 20GB vram for full precision. bigscience/petals currently requires manual coding for the client and server model interfaces. galactica inference alone is unlikely to be easy to add new full documents to without adaptation or finetuning, as like most models it was trained with a context size of only 2k words. adaptation and finetuning can be done p2p.

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Who Will Steal Satoshi’s Bitcoins?
by professor rat 09 Jan '23

09 Jan '23

https://nopara73.medium.com/stealing-satoshis-bitcoins-cc4d57919a2b Reposts not alarmist FUD designed to sow doubt

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Re: More on the RSA crack by new quantum approach paper
by professor rat 09 Jan '23

09 Jan '23

Beancounters in the 5-VEY will be glad to hear they can push out the threat till 2037. Meanwhile there is a gathering storm that could steal an enormous resource comparable to Czechoslovakia's factories in 1937. Btc prides itself on its immutability so there's almost zero chance the early blocks will ever be ' nationalized ' from within. I see the best hope as the Western allies cracking them for their cause. What happens next could change the course of the war.

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More on the RSA crack by new quantum approach paper
by professor rat 08 Jan '23

08 Jan '23

Out of an abundance of caution I suggest a new ' Manhattan Project ' to get as much as possible of the net over to Q-PKI. RSA has had its day. https://scottaaronson.blog/?p=6957 Reposts not long snores about academic gibberish

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U.S. jewnazi war against Russia
by punk 08 Jan '23

08 Jan '23

"Washington’s proxy war with Russia is the result of a carefully constructed plan to embroil Russia in conflict with its Ukrainian neighbor. >From the moment that President Putin indicated that his government would not tolerate a NATO military presence on Russia’s doorstep in Ukraine, Washington sought to expedite Ukraine’s development into a regional military power hostile to Russia. The Maidan coup allowed Washington’s agents in Kiev to install a government that would cooperate with this project. PM Merkel’s recent admission that she and her European colleagues sought to exploit the Minsk Accords to buy time for the military building in Ukraine confirms the tragic truth of this matter.”

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My Karl died
by professor rat 08 Jan '23

08 Jan '23

https://twitter.com/labenz/status/1611736453511356416 Repost bastards Shakespeare wrote plays about

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Cryptocurrency: Enforced Monetary Policy
by grarpamp 08 Jan '23

08 Jan '23

https://www.sciencedirect.com/science/article/pii/S0022199622000332 “We analyze a two-country economy with complete markets, featuring two national currencies as well as a global (crypto)currency. If the global currency is used in both countries, the national nominal interest rates must be equal and the exchange rate between the national currencies is a risk-adjusted martingale. Deviation from interest rate equality implies the risk of approaching the zero lower bound or the abandonment of the national currency. We call this result Crypto-Enforced Monetary Policy Synchronization (CEMPS). If the global currency is backed by interest-bearing assets, additional and tight restrictions on monetary policy arise. Thus, the classic Impossible Trinity becomes even less reconcilable.”

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UK and Netherlands to co-host major international meeting in London on alleged Russian war crimes in Ukraine
by Gunnar Larson 08 Jan '23

08 Jan '23

I thought you'd like this: https://www.cnn.com/europe/live-news/russia-ukraine-war-news-intl-01-08-23/… UK and Netherlands to co-host major international meeting in London on alleged Russian war crimes in Ukraine UK and Netherlands to co-host major international meeting in London on alleged Russian war crimes in Ukraine

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[ot][crazy][spam][personal] today
by Undescribed Horrific Abuse, One Victim & Survivor of Many 08 Jan '23

08 Jan '23

bip

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