April 2023 - cypherpunks - lists.cpunks.org

USA 2024 Elections Thread
by professor rat 04 Apr '23

04 Apr '23

Whiny little bitch, Gramps https://stiffs.com/celebrity/joebiden POTUS needs killing ( My 2k sats ) Put up or shut up

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Re: Xi Jinping needs killing ( My 2k sats )
by professor rat 04 Apr '23

04 Apr '23

US senator Lindsay Graham was recently in the news for suggesting Pooter be wacked. Hey! There's an app for that! https://stiffs.com/celebrity/vladimirputin Lindsay looks more cypherpunk than gasbag Gramps at the moment

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Xi Jinping needs killing ( My 2k sats )
by professor rat 04 Apr '23

04 Apr '23

As indeed does the GG of Au, the PM of Au and the Victorian state premier. I like to start at the top and work down - YMMV Funny how the original YMMV guy finally grew some balls 20 years ago TIM " I guess now that the Pentagon is setting up a murder pool it can't be illegal for us to do it " MAY. 2003 https://marc.info/?l=cypherpunks&m=105950307700574&w=2 I won't hold my breath waiting for garbage-scow-Grarpamps to ever APster a mouse

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Trump Indictment Is Going to Make US Politics Even More Divisive
by professor rat 04 Apr '23

04 Apr '23

>>> another grim marker of American civic decline that could lead to any number of outcomes—none of them good. ,<<< >>> the country is rocketing forward into a new, explosive and even more bitterly divided partisan era.<<< Assuming this is all true how bad does it have to get before there is something closer to real democracy in the US? Any rigged republic with a rigged senate, a rigged ' college ', a rigged judicial system and rampant gerrymandering will lead to predictably bad outcomes anywhere its trialed. Its not a democracy. So where is the push for reform? More democracy? I won't hold my breath waiting for any lead from Bloomberg. BTW Agonism (from Greek ἀγών agon, "struggle") is a political and social theory that emphasizes the potentially positive aspects of certain forms of conflict. It accepts a permanent place for such conflict in the political sphere, but seeks to show how individuals might accept and channel this conflict positively.

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UNICAF University, Goldman Sachs Investment (Scholarships in Africa)
by Gunnar Larson 04 Apr '23

04 Apr '23

Dear Goldman Sachs: Are you aware of any such activities mentioned below at your investment in UNIAF: https://digestafrica.com/goldman-sachs-unicaf Warm regards, Gunnar Larson https://www.fdicoig.gov/news/investigations-press-releases/former-start-ceo… Former Start-Up CEO Charged In $175 Million Fraud April 4, 2023 FOR IMMEDIATE RELEASE Tuesday, April 4, 2023 Former Start-Up CEO Charged In $175 Million Fraud Former CEO of Frank Charged with Making False Claims and Submitting False Data to J.P. Morgan Chase in $175 Million Acquisition Fraud Scheme Damian Williams, the United States Attorney for the Southern District of New York, and Patricia Tarasca, the Special Agent in Charge of the New York Regional Office of the Federal Deposit Insurance Corporation’s Office of the Inspector General (“FDIC-OIG”), announced the unsealing of a criminal Complaint charging CHARLIE JAVICE with falsely and dramatically inflating the number of customers of her company, Frank, in order to fraudulently induce J.P. Morgan Chase (“JPMC”) to acquire Frank for $175 million. JAVICE, who appeared on the Forbes 2019 “30 Under 30” list, stood to gain over $45 million from the fraud. JAVICE was arrested last night in New Jersey and will be presented later today before U.S. Magistrate Judge Barbara Moses. U.S. Attorney Damian Williams said: “As alleged, Javice engaged in a brazen scheme to defraud JPMC in the course of a $175 million acquisition deal. She lied directly to JPMC and fabricated data to support those lies — all in order to make over $45 million from the sale of her company. This arrest should warn entrepreneurs who lie to advance their businesses that their lies will catch up to them, and this Office will hold them accountable for putting their greed above the law.” FDIC-OIG Special Agent in Charge Patricia Tarasca said: “The allegations described in today’s criminal Complaint exemplify the many ways banks can be defrauded. The FDIC-OIG remains committed to holding individuals accountable who threaten the integrity of financial institutions, and we thank our law enforcement partners for their diligence and dedication to investigating such crimes.” According to the Complaint unsealed today in Manhattan federal court:[1] In or about 2017, JAVICE founded TAPD, Inc., d/b/a Frank (“Frank”), a for-profit company that offered an online platform designed to simplify the process of filling out the Free Application for Federal Student Aid (“FAFSA”). FAFSA is a federal government form, available free of charge, that students use to apply for financial aid for college or graduate school. JAVICE was Frank’s CEO. In or about 2021, JAVICE began to pursue the sale of Frank to a larger financial institution. Two major banks, one of which was JPMC, expressed interest and began acquisition processes with Frank. JAVICE represented repeatedly to those banks that Frank had 4.25 million customers or “users.” JAVICE explicitly defined “users” — to both banks — as individuals who had signed up for an account with Frank and for whom Frank therefore had at least four identified categories of data (i.e., first name, last name, email address, and phone number). In fact, Frank had less than 300,000 users. When JPMC sought to verify the number of Frank’s users and the amount of data collected about them — information that was critical to JPMC’s decision to move forward with the acquisition process — JAVICE fabricated a data set. To do this, JAVICE and a co-conspirator (“CC-1”) first asked Frank’s director of engineering to create an artificially generated data set (a so-called synthetic data set). The director of engineering raised concerns about the legality of the request, to which JAVICE responded, in substance and in part, “We don’t want to end up in orange jumpsuits.” The director of engineering declined the request. JAVICE then approached an outside data scientist and hired him to create the synthetic data set. After the data set was created, JAVICE provided that synthetic data set to an agreed-upon third-party vendor in an effort to confirm to JPMC that the data set had over 4.25 million rows. JAVICE then caused the third-party vendor to convey to JPMC that the data set had over 4.25 million rows, consistent with JAVICE’s misrepresentations that Frank had 4.25 million users. In reliance on JAVICE’s fraudulent representations about Frank’s users, JPMC agreed to purchase Frank for $175 million. As part of the deal, JPMC hired JAVICE and other Frank employees. JAVICE received over $21 million for selling her equity stake in Frank and, per the terms of the deal, was to be paid another $20 million as a retention bonus. Unbeknownst to JPMC, at or about the same time that JAVICE was creating the fabricated data set, JAVICE and CC-1 sought to purchase, on the open market, real data for over 4.25 million college students to cover up their misrepresentations. JAVICE and CC-1 succeeded in purchasing a data set of 4.5 million students for $105,000, but it did not contain all the data fields that JAVICE had represented to JPMC were maintained by Frank. JAVICE then purchased an additional set of data on the open market in order to augment the data set of 4.5 million users. After JPMC acquired Frank, JPMC employees asked JAVICE and CC-1 to provide data relating to Frank’s users so that JPMC could begin a marketing campaign to those users. In response, JAVICE provided what was supposedly Frank’s user data. In fact, JAVICE fraudulently provided the data she and CC-1 had purchased on the open market at a small fraction of the price that JPMC paid to acquire Frank and its purported users. * * * JAVICE, 31, of Miami Beach, Florida, is charged with one count of conspiracy to commit bank and wire fraud, one count of wire fraud affecting a financial institution, and one count of bank fraud, each of which carry a maximum sentence of 30 years in prison, and one count of securities fraud, which carries a maximum sentence of 20 years in prison. The maximum potential sentences in this case are prescribed by Congress and are provided here for informational purposes only, as any sentencing of the defendant will be determined by the judge. Mr. Williams praised the outstanding investigative work of the Special Agents from the U.S. Attorney’s Office for the Southern District of New York and from FDIC-OIG. The case is being handled by the Office’s Complex Frauds and Cybercrime Unit, and Assistant U.S. Attorneys Micah F. Fergenson and Dina McLeod are in charge of the prosecution. The charges contained in the Complaint are merely accusations and the defendant is presumed innocent unless and until proven guilty. [1] As the introductory phrase signifies, the entirety of the text of the Complaint and the description of the Complaint set forth herein constitute only allegations, and every fact described should be treated as an allegation. This product has been reproduced from its original source.

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Trump Indictment Is Going to Make US Politics Even More Divisive
by Gunnar Larson 04 Apr '23

04 Apr '23

The real story here is First Republic Bank closed Gunnar Larson's account. New York's Superintendent Department Financial Services banks at First Republic Bank. Superintendent, New York continues to sextort Gunnar Larson in Chelsea. This sextortion entrapment rivals Linda Lacewell type resignation quality. I am not your gay sextorion slave and the Gawker case decision should stop the sextorion from today, please. Or we will sue you out of your chair. The FBI frowns upon sex trafficking via conspiracy to commit Bank fraud. You are regulatory not a madam. Here is an article for reference: https://wallstreetonparade.com/2023/04/after-being-criminally-charged-for-r… Gunnar Trump Indictment Is Going to Make US Politics Even More Divisive https://www.bloomberg.com/news/articles/2023-03-30/trump-indictment-stokes-… Donald Trump’s indictment by a Manhattan grand jury on March 30 is another grim marker of American civic decline that could lead to any number of outcomes—none of them good. Manhattan District Attorney Alvin Bragg charged the former president with falsifying business records to conceal hush money paid to adult film star Stormy Daniels, sources told Bloomberg News. Anticipating his indictment, Trump had already taken to social media to urge his supporters to conduct protests and warned of “potential death and destruction” if he was charged, moves that echoed his call to arms in the days before the attack on the US Capitol on Jan. 6, 2021. With Trump’s arrest apparently imminent, the country is rocketing forward into a new, explosive and even more bitterly divided partisan era.

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Trump Prepares to Surrender Himself — and Fight Case All the Way
by Gunnar Larson 04 Apr '23

04 Apr '23

Madam Attorney General, Gunnar Larson was cuffed and detained by the NYPD a few days ago, all for NYCCoin Touting. Mayor Adams' touting of NYCCoin breaks federal law and has been classified as potential kleptocracy. Meanwhile, Gunnar Larson's beautiful St. Bernard "Brody" was taken by the NYPD for NYCCoin Touting. Today, Brody is still missing. xNY.io - Bank.org is concerned of a RICO, Madam Attorney General. You, the Mayor and the Governor appear to be obstructing justice. >From my perspective, madam Attorney General today former President Trump and President Biden are being disrespected by the RICO mentioned above. Gunnar Larson Trump Prepares to Surrender Himself — and Fight Case All the Way https://www.bloomberg.com/news/articles/2023-04-04/trump-prepares-to-surren… Five days after he became the first former US president to be indicted, Donald Trump will surrender to law enforcement officers in lower Manhattan to be booked, hear the charges against him and enter his plea: Not guilty.

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Jamie Dimon Warns US Banking Crisis Will Be Felt for Years
by Gunnar Larson 04 Apr '23

04 Apr '23

Jamie Dimon Warns US Banking Crisis Will Be Felt for Years https://www.bloomberg.com/news/articles/2023-04-04/jamie-dimon-jabs-fed-ove… Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed.

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After Being Criminally Charged for Rigging Precious Metals, JPMorgan Chase Controls 53 Percent of All Precious Metals Contracts Held by Banks
by Gunnar Larson 04 Apr '23

04 Apr '23

https://wallstreetonparade.com/2023/04/after-being-criminally-charged-for-r… By Pam Martens and Russ Martens: April 3, 2023 ~ Jamie Dimon Sits in Front of Trading Monitor in his Office (Source -- 60 Minutes Interview, November 10, 2019) Jamie Dimon Sits in Front of Trading Monitor in his Office (Source: 60 Minutes Interview, November 10, 2019) According to the Federal Deposit Insurance Corporation (FDIC), there were 4,706 federally-insured banks and savings associations in the U.S. as of December 31, 2022. Of those, according to the quarterly report released last Friday from the Office of the Comptroller of the Currency (OCC), a little less than one-quarter found a reason to engage in derivative trading activities. As of December 31, 2022, just 1,139 FDIC-insured commercial banks and savings associations reported trading of derivatives in the fourth quarter of 2022, according to the OCC. Ostensibly, instead of running a derivatives casino, the other three-quarters of taxpayer-subsidized banks were doing what taxpayers want federally-insured banks to do: make business loans; provide affordable mortgage loans to homebuyers; provide checking accounts devoid of hacking, identity theft and predatory overdraft fees; and not blow up the bank by getting in bed with derivatives, crypto or dodgy Wall Street IPOs. As it does each quarter, the OCC report rang this alarm bell: “A small group of large financial institutions continues to dominate trading and derivatives activity in the U.S. commercial banking system. During the fourth quarter of 2022, four large commercial banks represented 88.2 percent of the total banking industry notional amounts [of derivatives] and 62.5 percent of industry net current credit exposure (NCCE).” Those four banks are Goldman Sachs Bank USA with $52.6 trillion in notional (face amount) derivatives exposure; JPMorgan Chase Bank N.A. with $49.5 trillion in notional derivatives exposure; Citigroup’s Citibank with $47 trillion in notional derivatives exposure; and Bank of America with $19.4 trillion in notional derivatives exposure. One area that particularly stands out in the current OCC report is data showing JPMorgan Chase Bank N.A. held $200.12 billion in precious metals derivative contracts at its federally-insured bank as of December 31, 2022, versus a total of $378.12 billion for all banks in the U.S. holding derivatives. That’s one bank holding 53 percent of all precious metals contracts in the U.S. banking system. (See Table 21 on page 26 of the OCC report.) And there’s no guarantee that the OCC report captures the full picture of this highly concentrated derivatives market. (See our report: Wall Street Banks Are Dangerously Evading U.S. Derivatives Rules by Making Trades at Foreign Subsidiaries.) It is hard to understate the regulatory failure of allowing JPMorgan Chase to continue to have this outsized presence in the precious metals derivatives market. On September 29, 2020, the U.S. Department of Justice charged JPMorgan Chase with rigging the precious metals market and a hit it with a criminal felony count for its conduct, to which it admitted. According to the Justice Department, the rigging occurred for more than eight years, from March of 2008 to August of 2016, and involved “tens of thousands” of incidents. The Justice Department wrote that traders at JPMorgan Chase: “…knowingly and intentionally placed orders to buy and sell precious metals futures contracts with the intent to cancel those orders before execution (‘Deceptive PM [Precious Metals] Orders’), including in an attempt to profit by deceiving other market participants through false and fraudulent pretenses and representations concerning the existence of genuine supply and demand for precious metals futures contracts. By placing Deceptive PM Orders, the Subject PM Traders intended to inject false and misleading information about the genuine supply and demand for precious metals futures contracts into the markets, and to deceive other participants in those markets into believing something untrue, namely that the visible order book accurately reflected market-based forces of supply and demand. This false and misleading information was intended to, and at times did, trick other market participants, including competitor financial institutions and proprietary traders, into reacting to the apparent change and imbalance in supply and demand by buying and selling precious metals futures contracts at quantities, prices, and times that they otherwise likely would not have traded.” The trading conduct in precious metals was so bad at JPMorgan Chase that the Justice Department took the unprecedented step of charging some of the precious metals traders involved under the Racketeer Influenced and Corrupt Organizations Act (RICO), a statute typically reserved for organized crime figures. Last week, the Senate Banking Committee and the House Financial Services Committee held separate hearings on the bank runs and abrupt collapses of Silicon Valley Bank and Signature Bank in March, the second and third largest bank failures in U.S. history. (The largest bank failure was Washington Mutual in 2008.) Those banks, respectively, held $175 billion and $88.6 billion in deposits as of December 31, 2022. As of the same date, JPMorgan Chase Bank N.A. held $2.015 trillion in deposits in domestic offices, of which $1.058 trillion were uninsured. Uninsured deposits are at risk of flight if customers lose confidence in the management of a bank. The fastest way for depositors to lose confidence in a bank is a steady stream of scandals and criminal conduct while the Board of Directors of the bank fails to replace the Chairman and CEO who was at the helm of the bank throughout the endless series of scandals and criminal conduct. The Board of Directors of JPMorgan Chase Bank have allowed Jamie Dimon to remain as Chairman and CEO despite five felony counts (to which the bank admitted) and a rap sheet that is unprecedented in the annals of banking in the U.S. The Board kept Dimon in place when the bank was charged by the Justice Department with two criminal felony counts for its role in aiding and abetting the largest Ponzi scheme in history – Bernie Madoff’s looting of customer accounts. The Board kept Dimon at the helm when the U.S. Senate’s Permanent Subcommittee on Investigations issued a 300-page report on the bank’s “London Whale” derivative trades, using bank depositors’ money to engage in reckless gambling and losing at least $6.2 billion. The bank received another felony count for its role in rigging the foreign exchange market and one felony count each for rigging the precious metals market and U.S. Treasury market. Now, a Federal Court has ruled that Dimon must sit for a deposition in a federal lawsuit brought by the U.S. Virgin Islands, charging JPMorgan Chase with, effectively, being the cash conduit for Jeffrey Epstein’s sex trafficking ring that victimized underage girls. (See our March 6 report here.) It’s long past the time for federal regulators to do their job and replace management and the Board at JPMorgan Chase and break up this dangerous trading behemoth that is masquerading as a federally-insured bank. Related Articles: JPMorgan’s Board Made Jamie Dimon a Billionaire as the Bank Rigged Markets, Laundered Money, and Admitted to Five Felony Counts If You’re Baffled as to Why JPMorgan Chase’s Board Hasn’t Sacked Jamie Dimon as the Bank Racked Up 5 Felony Counts – Here’s Your Answer JPMorgan’s High Risk Footprint; Bloomberg News as PR Agent for Jamie Dimon; and the Untold Story of the Failed “Rescue” of First Republic by the Mega Banks JPMorgan Chase Quietly Settles Whistleblower Case Involving Charges of Keeping Two Sets of Books and Improper Payments to Tony Blair

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OG carpetbaggers - meh
by professor rat 04 Apr '23

04 Apr '23

>> >> Blockstream Open-source. Built with accessible parts. This is the cypherpunk way. <<<< Correct me if I'm wrong but 90's punks talked up Galts elitist Gulch and the brilliant entrepreneur more than p2p and open-sauce. This conversation being largely led by Mong and followed along by Backstabber - yes? Those talking up ' millicent ghetto ' populist solutions tended to be coming in from the edges. So then what happened - Circe/ Satoshi turned Mongs men into swine? Now its all P2P, open-sauce all the time. From the crypt in Tim's case. Opportunist OG's indistinguishable from carpetbaggers ( Hi Vinay, Julio, Craig, Eric, etc, etc ) Feh.

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