February 2023 - cypherpunks - lists.cpunks.org

There Are Very Strange Things Going On at Goldman Sachs
by Gunnar Larson 08 Feb '23

08 Feb '23

By Pam Martens and Russ Martens: February 7, 2023 ~ David Solomon, Chairman and CEO, Goldman Sachs Goldman Sachs’ online bank, Marcus, is offering an interest rate on its savings accounts that is 350 times the interest rate being offered by its competitors, JPMorgan Chase and Bank of America. That’s not normal. Not normal at all. (Above screen shots were taken this morning. Chase and Bank of America screen shots come from BankRate; Marcus screen shot comes from Marcus.) Marcus is the online banking platform offered by Goldman Sachs Bank USA – a federally-insured bank backstopped by the U.S. taxpayer. But what 99 percent of Americans don’t know about Goldman Sachs Bank USA is that it is the unit of Goldman Sachs that holds trillions of dollars in derivatives, including the kind of credit derivatives that blew up the U.S. economy in 2008 and would have taken down Goldman Sachs were it not for sneaky bailouts. According to the most recent report from the Office of the Comptroller of the Currency (OCC), Goldman Sachs Bank USA has $513.9 billion in assets and $50.97 trillion in derivatives as of September 30, 2022. Yes, you read that correctly. (See Table 24 of the OCC report.) The most dangerous of the derivatives, credit derivatives, tally up to $623.6 billion, which is $110 billion more than the bank has in assets. This might help to explain why Goldman Sachs is offering 350 times the going interest rate of its competitors to attract deposits and shore up its capital base. Other noteworthy things are happening at Goldman Sachs. On January 9, Reuters ran this headline: “Goldman Sachs readies biggest layoffs since the financial crisis,” noting that “over 3,000 employees will be let go….” Eight days after the ax fell on more than 3,000 workers’ jobs, Goldman announced that its quarterly profit had plunged by 66 percent versus the prior year and that it was taking a $972 million provision for credit losses in the quarter. That credit loss provision compared to $344 million taken a year earlier. Ten days later, the firm announced in a regulatory filing that its Chairman and CEO, David Solomon, would be getting a compensation package that was 29 percent less than the prior year – still an obscene $25 million for one year’s toils. Goldman is also being negatively portrayed in the business press. On Saturday, Bill Cohan reported at the Financial Times that “Goldman Sachs has lost its swagger. The market value of the venerable 154-year-old investment bank, at $121bn, is now $42bn less than its longtime arch-rival Morgan Stanley. It used to be that Goldman was the more valuable bank for many years.” (“Venerable” is an interesting choice of words for Cohan to use to describe Goldman Sachs. See our report: Goldman Sachs Says Its Dark Pools Are Under Investigation – Along with About Everything Else the Firm Does.) One day after Cohan’s article ran, Emily Flitter and Katherine Rosman reported at the New York Times that Goldman’s Solomon, who is pulling down a cool $25 mill at his day job, has a side hustle of DJ-ing at tiki bars and owns his own record label. (You can’t make this stuff up.) Goldman is also dealing with a big problem with its Apple credit card. On August 4 of last year, Goldman Sachs provided the following disclosure when it filed its quarterly report (10-Q) with the Securities and Exchange Commission: “The firm is cooperating with the Consumer Financial Protection Bureau in connection with an investigation of GS Bank USA’s credit card account management practices, including with respect to the application of refunds, crediting of nonconforming payments, billing error resolution, advertisements, and reporting to credit bureaus.” As it turns out, there are hundreds of complaints filed with the Consumer Financial Protection Bureau by consumers using the Apple credit card that is provided by Goldman Sachs. The Apple credit card holders allege being put through a living hell by Goldman Sachs when fraudulent charges are made on their Apple credit card, along with a host of other problems. In typical Goldman Sachs style, it has managed to earn the hostility of everyday consumers, airline pilots, and even a police officer with its handling of credit card complaints. The Apple credit card via Goldman Sachs was launched three years ago in August of 2019. Goldman wrote at the time: “Goldman Sachs is the issuer of the card and is responsible for underwriting, customer service, the underlying platform and all matters related to regulatory compliance through Goldman Sachs Bank USA.” On January 13, Sridhar Natarajan at Bloomberg News reported how the Apple credit card was racking up losses at Goldman Sachs’ Platform Solutions division: “The division’s $1 billion pretax loss reported for 2021 was mostly tied to the Apple Card, people with knowledge of the numbers said. And about $2 billion [in losses] in 2022 mainly stems from the Apple card and installment-lending platform GreenSky, the people said.” Is it possible that Goldman Sachs needs a CEO with no side hustles?

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Why do brain-dead Assmange deadenders hate our anarchist freedoms?
by professor rat 07 Feb '23

07 Feb '23

Jeremy Corbyn ran for office on a promise of thousands of more police. Daniel Ellsberg has praised the NYT after its appalling Michael Gordon crime-wave. Noam Chomsky has approved the military-industrial complex in the US. John Young is a totally discredited fascist exposed completely since appearing with Alex Jones. These depraved old loser males all clearly love corpse-media journalism and hate and despise anarchism. To Hell with them and any rotten cause they collectively light upon. And as for the Grarpamps idiot posting his criminal garbage here - GO FUCK YOURSELF.

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Fwd: Leonard Peltier Day of Solidarity
by Undescribed Horrific Abuse, One Victim & Survivor of Many 07 Feb '23

07 Feb '23

---------- Forwarded message --------- From: Chase Iron Eyes, Lakota Law <info(a)lakotalaw.org> Date: Mon, Feb 6, 2023 at 7:31 PM Subject: Leonard Peltier Day of Solidarity To: Karl Semich <gmkarl(a)gmail.com> It’s time to free Leonard Peltier [image: Lakota Law] Today marks a shameful anniversary. It’s now been 47 years since our Lakota and Ojibwe relative, Leonard Peltier, was arrested after taking part in the 1975 American Indian Movement (AIM) standoff at the Pine Ridge Reservation in South Dakota. Wrongly convicted on false testimony for killing FBI agents, Leonard is now 78 years old and suffering with various health ailments in a federal penitentiary in Florida. The good news is, the world has never forgotten Leonard, who during his lengthy incarceration has run for both President and Vice President of the United States. Today, “*Rise Up for Peltier* <https://click.everyaction.com/k/58373293/390872044/-77083731?utm_source=lak…>” events are happening in cities across the globe — including Paris, Rome, and Berlin. As part of this *day of solidarity* <https://click.everyaction.com/k/58373294/390872045/-1633729891?utm_source=l…>, our friends at the Red Nation Movement are also asking people to assist Leonard through their social media channels by sharing content and raising awareness. [image: Lakota Law] <https://click.everyaction.com/k/58373295/390872046/-77083731?utm_source=lak…>Turtle Mountain’s Leonard Peltier, imprisoned in Florida, 1993. (Photo credit: Kevin McKiernan) As Carol Gokee, co-director of the Leonard Peltier Defense Committee, wrote to you via our Lakota Law platform a year ago, the list of people who have supported clemency for Leonard is long and impressive. It includes Nobel Peace Prize winners Bishop Desmond Tutu, Nelson Mandela, and Rigoberta Menchú; former Chief Judge of Tennessee’s U.S. District Court, Kevin Sharp; Sens. Brian Schatz (D-HI) and Patrick Leahy (D-VT); Rep. Raúl Grijalva (D-AZ); and James Reynolds, the chief prosecutor who originally put Leonard behind bars. As we approach the anniversary of AIM’s Wounded Knee stand later this month, we’ll have much more to share with you. Lakota Law organizers Madonna Thunder Hawk and DeCora Hawk are on the ground helping to prepare a big event, and you’ll hear more from them this week. In addition, our video team is working on setting up live video feeds and our communications staff is working on an action you’ll be able to take to demand clemency for Leonard. *You can find more info and other ways to assist right here.* <https://click.everyaction.com/k/58373296/390872047/1880080789?utm_source=la…> Please stay tuned and stand ready. We must do everything we can to right a grievous wrong. After nearly a half century, It’s long past time to free Leonard Peltier. *Wopila tanka* — thank you for your solidarity! Chase Iron Eyes Co-Director and Lead Counsel The Lakota People’s Law Project [image: Lakota People's Law Project] <https://click.everyaction.com/k/58373297/390872048/2017910218?utm_source=ea…> Lakota People's Law Project 547 South 7th Street #149 Bismarck, ND 58504-5859 The Lakota People's Law Project is part of the Romero Institute, a nonprofit 501(c)(3) law and policy center. All donations are tax-deductible. If you believe you received this message in error or wish to no longer receive email from us, please unsubscribe <https://secure.everyaction.com/p/giMMbqt-RUePDm3MXNL6GA2?unsubscribedata=YP…> .

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[ot][ptsd]Fwd: Welcome, I'm glad you're here
by Karl Semich 07 Feb '23

07 Feb '23

---------- Forwarded message --------- Date: Sat, Jan 21, 2023 at 3:49 PM Your resonant healing journey has just begun ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Have issue viewing this email? Click here <http://empathybrain823.activehosted.com/p_v.php?l=47&c=855&m=940&s=938ecc0d…> <https://empathybrain823.lt.acemlna.com/Prod/link-tracker?redirectUrl=aHR0cH…> Welcome to the Resonant Healing community! Resonance is a practical trauma-healing modality that combines somatic awareness, healing and restorative language, relational practice, and relational neuroscience. Here, we learn how to unravel the mysteries of our nervous systems and to re-pattern our entire brain (not just the one in your skull, but your entire body-brain) for self-warmth, compassion, and human connection. As we each begin to have a deeper sense of the possibility of loving ourselves and speaking to ourselves with warmth, our relationship to our own mind changes, and we can start to live more harmoniously with ourselves and others. What I love about this practice is that it offers real-life tools for how to shift your internal dialogue and make your brain a kinder place to live. Over the next few weeks, I’ll be sending you a series of emails that explore this work in great detail. I’ll talk to you about the neuroscience of self-compassion, the relationship between language and the nervous system, how early childhood experiences of being seen and heard impact our relationships with ourselves, and the freedom that’s possible when we are able to turn towards ourselves with warmth and curiosity. To get started, I invite you to spend some time with this offering: Staying in Emotional Balance: Healthy Self-Regulation, the second chapter of my book, Your Resonant Self. In this chapter, I talk about the benefits of warm accompaniment and how being warm with ourselves supports us staying in balance and becoming resilient. We begin to support the skills of attunement and see how resonance unfolds. I also talk about how our emotions are regulated in our bodies: we meet the amygdala and the prefrontal cortex (PFC), and learn about the importance of fostering a healthy relationship between the two. You can download it here <https://empathybrain823.lt.acemlna.com/Prod/link-tracker?redirectUrl=aHR0cH…>. DOWNLOAD STAYING IN EMOTIONAL BALANCE <https://empathybrain823.lt.acemlna.com/Prod/link-tracker?redirectUrl=aHR0cH…> I’ll be in your inbox tomorrow with a sweet guided meditation on Breathing with Resonance. See you then! With warmth, Sarah See all upcoming events at sarahpeyton.com <https://empathybrain823.lt.acemlna.com/Prod/link-tracker?redirectUrl=aHR0cH…> p.s. want to skip my welcome email series and get straight onto my newsletter? Click here <https://empathybrain823.lt.acemlna.com/Prod/link-tracker?redirectUrl=aHR0cC…> (you will be taken to our website, but no further action is needed there) [image: Facebook] <https://empathybrain823.lt.acemlna.com/Prod/link-tracker?redirectUrl=aHR0cH…> [image: Instagram] <https://empathybrain823.lt.acemlna.com/Prod/link-tracker?redirectUrl=aHR0cH…> [image: Website] <https://empathybrain823.lt.acemlna.com/Prod/link-tracker?redirectUrl=aHR0cH…> Sarah Peyton 7720 NE Hwy 99 Suite D #482 Vancouver, WA 98665 United States Unsubscribe from our newsletter <http://empathybrain823.activehosted.com/proc.php?nl=47&c=855&m=940&s=938ecc…>

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Fwd: Larson FOIL 5th Extension (letter (Richard Weber - General Counsel, NY-DFS)
by Gunnar Larson 07 Feb '23

07 Feb '23

February 2, 2023 VIA EMAIL Gunnar Larson xNY.io - Bank.org G(a)xny.io Dear Mr. Larson: This is in further response to your Freedom of Information Law (FOIL) request, received by the Division on September 13, 2022, in which you requested the following: Museum of Organized Crime and Law Enforcement (Advisory Board) On May 18, 2022, xNY.io - Bank.org received a copy of a financial disclosure form for Mr. Richard Weber (General Counsel, NY-DFS) noting an advisory council role at the Las Vegas Museum of Organized Crime and Law Enforcement. No address was provided: https://drive.google.com/file/d/1CCIh9CQiwxVILSv86B54kEcipV Rnx1YQ/view?usp=drivesdk We would like to receive any and all records NY-DFS and Human Rights hold for this appointment approval for a state associated representative. The Division intends to produce records responsive to your request to the extent such disclosure is consistent with the provisions of the Human Rights Law and FOIL. However, the Division needs additional time to respond to your request. Therefore, pursuant to Public Officers Law § 89(3)(a), the Division will provide any responsive documents on or before February 24, 2023. Very truly yours, Siaka Paasewe FOIL Office ---------- Forwarded message --------- From: Garvin, Sheila Y (DHR) <Sheila.Garvin(a)dhr.ny.gov> Date: Thu, Feb 2, 2023, 1:36 PM Subject: Larson FOIL 5th Extension (letter (Richard Weber - General Counsel, NY-DFS) To: G(a)xny.io <G(a)xny.io> Cc: Paasewe, Siaka (DHR) <Siaka.Paasewe(a)dhr.ny.gov> Dear Mr. Larson: Pursuant to your request, please see the attached. *Best,* *Sheila Garvin* *DHR Records Access Clerk* *Legal Management Records Unit* One Fordham Plaza, 4th Floor, Bronx, NY 10458 Tele: (718) 741-8423/ e-Fax: (718) 741-8256 *foil(a)dhr.ny.gov <foil(a)dhr.ny.gov>* *Sheila.Garvin(a)dhr.ny.gov <Sheila.Garvin(a)dhr.ny.gov>* *www.dhr.ny.gov <http://www.dhr.ny.gov/>* *This transmission and its attachments may contain confidential or privileged information, which is intended for use by the individual or entity to which the transmission is addressed. If you are not the intended recipient, you are hereby notified that any disclosure, dissemination, copying, or distribution of this transmission or its attachments is strictly prohibited. If you have received this transmission in error, please notify the sender immediately at the above address and delete the transmission and its attachments**.*

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Impact of prediction markets on consensus
by professor rat 07 Feb '23

07 Feb '23

Don't forget democratic procedures may act effectively as error-correcting mechanisms. And they can complement markets - as the best neo-liberal type places already do! BitcoinReviewHQ · Feb 4 Our guests @harry_sudock , @AaronvanW , and Adam Gibson join @nvk to explore the role of developers in game theory, the challenges of changing Bitcoin, the impact of prediction markets on consensus & much much more on episode 21: https://twitter.com/BitcoinReviewHQ/status/1621601415620886529?cxt=HHwWgoDU… Reposts not stale dogma masquerading as capital T truth.

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Cyberpunk fails as hard-sci-fi
by professor rat 07 Feb '23

07 Feb '23

Tales from the crypt Real world cypherpunk revolution for anarchy is Cyberpunk's sole success story as far as I can see. In its Bladerunner incarnation it started stupid and unrealistic and became even more so with the sequel. The Matrix was cyberpunks last best shot - but it blew it with its own stupid and unrealistic aspects ( and sequels!) And also by then the author of ' The Cryptonomicon ' had been set straight on basic Snowcrash economics by the author of the ' The Cyphernomicon ". The only vaguely possible cyberpunk alternative to cryptoanarchy looks increasingly confined to the Middle East, Burma and parts of Africa. Areas we plan to mop up by CYPHERPUNK 2027. Cyberpunk had its best chance in the early noughties and squibbed it. That shit-souffle future won’t rise twice, I promise you. Cryptoanarchist Bladerunners hunt down discredited and boring cyberpunk genre-mongers and retire them ( beat ) permanently. Cryptoanarchy continues to rocket toward C-PUNK 2027 at full warp cos we’re young - they’re old and - such is life. The anarchist utopian future keeps happening. Cyberpunks get stiff in their crypt.

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Bombshell Emails Raise Questions about What Sullivan & Cromwell Knew about Fraud at Sam Bankman-Fried’s Crypto Firms
by Gunnar Larson 07 Feb '23

07 Feb '23

By Pam Martens and Russ Martens: February 6, 2023 ~ Andrew (Andy) Dietderich, Law Partner at Sullivan & Cromwell Just four days before Sam Bankman-Fried’s crypto exchange, FTX, collapsed into bankruptcy, Sullivan & Cromwell law partner Andrew (Andy) Dietderich sent an email to an attorney representing Voyager Digital’s Official Committee of Unsecured Creditors in its bankruptcy proceedings, stating that FTX was “rock solid.” At the time, Sullivan & Cromwell was representing FTX in a very aggressive move to purchase $1 billion of Voyager’s crypto assets. The law partner representing the Voyager creditors was Darren Azman of law firm McDermott Will & Emery. The email exchange on November 7, 2022 went as follows, according to exhibits McDermott Will & Emery submitted to the Voyager bankruptcy court in the Southern District of New York last week: Azman: “We are getting a lot of inbounds regarding liquidity issues at FTX/Alameda. We also had a lot of leftover questions from the last town hall. I’m thinking we’d like to do another one next week and would like you for your team to be a part of it. We can’t be silent on these issues and I don’t want to speak for FTX. Let me know your thoughts on timing and who on your side would be best to join and handle FTX?related questions.” Dietderich of Sullivan & Cromwell responded the same day as follows: Dietderich: “That’s just Binance silliness. FTX is rock solid, doesn’t use customer funds or take credit risk at all. It cannot have ‘liquidity’ issues because it doesn’t lend.” The very day after Dietderich sent that “rock solid” email, FTX halted customer withdrawals on November 8. On November 11, FTX and more than 100 of its opaque crypto companies filed for Chapter 11 bankruptcy. And from day one of that FTX bankruptcy filing, Sullivan & Cromwell has been calling the shots and aggressively pushing to become lead counsel in the bankruptcy proceedings – which it accomplished on January 20 with an order signed by the presiding Judge, John Dorsey. The Judge’s order came despite overwhelming evidence that Sullivan & Cromwell was deeply conflicted in the FTX matter. Federal prosecutors have indicted Sam Bankman-Fried and two of his first lieutenants, Caroline Ellison and Gary Wang. Bankman-Fried has pleaded not guilty while Ellison and Wang have pleaded guilty and are cooperating with prosecutors. According to the criminal indictments and civil cases brought by securities regulators, Bankman-Fried’s hedge fund, Alameda Research, was being used by the top executives to loot billions of dollars of FTX customer funds. The new CEO at FTX, John Ray, testified to the House Financial Services Committee on December 13 that $8 billion of customer funds are missing. The Sullivan & Cromwell emails surfaced last week in the Voyager Digital bankruptcy case because the Voyager creditor’s committee, represented by Azman and his colleagues at McDermott Will & Emery, are objecting to creditors’ claims made by FTX and Alameda Research (which they refer to as the “FTXAlameda criminal enterprise”) on the basis that FTXAlameda set out to perpetrate a big fraud on Voyager. The objection alleges the following: (Document 936 on Court Docket.) “AlamedaFTX is now a notorious criminal enterprise that stole its customers’ crypto to pay company debts, cover investment losses, fund secret political donations, make loans to senior executives, and expense a series of vanity projects. What is not as heavily publicized is the scheme AlamedaFTX, Bankman-Fried, and others perpetrated against Voyager and its creditors leading up to and during these Chapter 11 Cases. While AlamedaFTX was secretly struggling financially and using customer crypto to cover losses, AlamedaFTX set its sights on the crypto held by the bankrupt Voyager to keep its fraud going. “In connection with its attempts to buy Voyager, AlamedaFTX made a series of false statements indicating that it was financially strong and able to consummate the Voyager purchase. AlamedaFTX falsely represented that it had a ‘bottomless sea of ordinary cryptocurrency….’ ” McDermott Will & Emery, on behalf of the creditors, allege the following was really happening at AlamedaFTX in the months before it filed bankruptcy: “When crypto companies began to falter in May 2022, Bankman-Fried and AlamedaFTX began a self-aggrandizing campaign purporting to invest in and purchase struggling crypto companies. It was later revealed, however, that ‘he was pursuing an aggressive acquisition strategy during this time at least in part to gain access to additional sources of capital that could be used to help support his existing businesses and fill the hole in the customer assets that had been created.’ AlamedaFTX’s attempted acquisition of Voyager was part of this strategy.” The quote in the above paragraph referring to “fill the hole in the customer assets” comes from the complaint filed by the Commodity Futures Trading Commission, a federal regulator. McDermott Will & Emery also allege the following: “AlamedaFTX made a number of representations and warranties in the Amended FTX APA [Asset Purchase Agreement], all of which we know now were completely false, including, without limitation, that (a) there were ‘no facts or circumstances exist that would reasonably be expected to impair or materially delay the ability of [AlamedaFTX] to consummate the transactions contemplated by this Agreement,’ (b) AlamedaFTX was ‘not in violation of any Laws or Orders applicable to the conduct of its business,’ and (c) AlamedaFTX had the financial wherewithal to close the sale… “Importantly, beyond mere bad faith and close dealing, this signed submission constitutes direct fraud on this court, a crime under federal law. Section 157(2) of title 18 of the United States Code criminalizes filing a document in the bankruptcy with the intent to execute or conceal fraud.” Sullivan & Cromwell was the legal advisor to AlamedaFTX on its efforts to purchase crypto assets from Voyager. Dietderich confirmed that fact in a declaration he made to the Delaware bankruptcy court overseeing the FTX bankruptcy on January 17. Dietderich also revealed what Sullivan & Cromwell charged AlamedaFTX for that legal advice: “fees and expenses received for this matter were approximately USD $3,128,000.” Voyager filed Chapter 11 on July 6, 2022. The very next day, July 7, Sullivan & Cromwell’s law partners filed a notice of appearance. The Dietderich declaration on January 17 also revealed that Sullivan & Cromwell had personally represented Sam Bankman-Fried (the former FTX CEO who is now charged in an eight-count criminal indictment by the U.S. Department of Justice). That engagement “commenced on April 14, 2022 and ceased on August 5, 2022.” It involved “a position that had been established in the stock of Robinhood Markets, Inc.” According to the Securities and Exchange Commission timeline, Bankman-Fried was purchasing Robinhood stock through at least the month of April and May 2022, the period in which Sullivan & Cromwell says they were representing him in this matter. Bankman-Fried purchased more than half a billion dollars of Robinhood stock – a total of 56,273,469 shares. And, it was purchased with loans Bankman-Fried took from Alameda Research, which federal prosecutors allege was using stolen FTX customer funds. The Robinhood stock was purchased and then held through a company set up in Antigua and Barbuda (Emergent Fidelity Technologies Ltd.) in which Sam Bankman-Fried was the majority owner. In the criminal proceedings against Bankman-Fried taking place in the U.S. District Court for the Southern District of New York, federal prosecutors filed a letter providing more background on why they seized the Robinhood stock. They wrote: “…the defendant [Sam Bankman-Fried] moved to take control of approximately $500 million of Robinhood shares that were purchased using misappropriated FTX customer funds by a special purpose entity owned primarily by the defendant. The Government has since seized the shares after demonstrating probable cause to believe that they are the proceeds of wire fraud and are property involved in money laundering. Since the Government’s seizure, the defendant has claimed that he would direct the majority of these funds toward making customers whole, but the original circumstances of the purchase of these shares, through a foreign special purpose vehicle with no public connection to FTX or Alameda, further indicate the steps the defendant has taken to obscure his criminal misuse of FTX customer property.” The overarching questions here are what did Sullivan & Cromwell know about these frauds and when did they know it; and in what alternative universe from hell would Sullivan & Cromwell qualify as a disinterested party eligible to serve as lead counsel in the FTX bankruptcy proceedings? This morning, beginning at 9:30 a.m., the bankruptcy court in Delaware will hear arguments from the U.S. Trustee, who represents the Justice Department, as to why an independent examiner must be appointed in the FTX matter. Sullivan & Cromwell has aggressively fought the appointment of an independent examiner. 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Cypherpunk-2027 canvases a Utopian future through anarchic technology
by professor rat 06 Feb '23

06 Feb '23

Cyberpunk is a subgenre of sci-fi that explores a dystopian future with advanced technology, where the line between man and machine is blurred. https://cointelegraph.com/news/what-is-cyberpunk-a-beginner-s-guide-to-the-… I'm a cyborg and I approved this repost unread

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A decentralized trading protocol with a centralized exchange experience.
by professor rat 06 Feb '23

06 Feb '23

el33th4xor Feb 3 Dexalot creates a trading environment that rivals traditional exchanges: user experience, trade capabilities, execution time and more, but in a decentralized protocol. Your keys, your coins. https://medium.com/avalancheavax/dexalot-launches-first-central-limit-order… This repost bought to you by Avalanche

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