February 2024 - cypherpunks - lists.cpunks.org

Microsoft Will Use Intel to Manufacture Home-Grown Processor
by pro2rat＠yahoo.com.au 24 Feb '24

24 Feb '24

On indulgence I'll take this crisis in Shawn's pantyhose as an opportunity to shake down these two silicon valley sharks. If folks at Intel and MS don't want to wind up like Mongo and/ or Bill Henry they will pledge 10 million USD each on Thiel, Zuckface and Musk. Decent sized bounties like this should concentrate their minds wonderfully. Like it or not assassination markets are a key part of the coming globalized anarchism. APster dead pools may be safe, legal and rare. Maybe. Maybe go fuck yourselves.

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HHS' Civil Rights Office Reaches 2nd-Ever Ransomware Deal
by Gunnar Larson 23 Feb '24

23 Feb '24

HHS' Civil Rights Office Reaches 2nd-Ever Ransomware Deal <https://www.law360.com/compliance/articles/1805457?nl_pk=ab5ce197-c1fb-4d8e…> By Gianna Ferrarin The Department of Health and Human Services has reached a deal with a Maryland-based behavioral health practice over a ransomware attack that affected the protected health information of nearly 15,000 individuals. Read full article » <https://www.law360.com/compliance/articles/1805457?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1805457?nl_pk=ab5ce197-c1fb-4d8e…>

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BofA Pulling Fast One To Exit Gag Clause Suit, Customers Say
by Gunnar Larson 23 Feb '24

23 Feb '24

BofA Pulling Fast One To Exit Gag Clause Suit, Customers Say <https://www.law360.com/fintech/articles/1805783?nl_pk=d2b3e7ef-ab62-4a62-80…> By Katryna Perera Consumers suing Bank of America for allegedly trying to stifle consumer critics through clauses in its online service agreements have urged a California federal judge not to toss their suit, arguing the bank's dismissal arguments are without legal merit, factually incorrect and "intended to mislead." Memorandum attached | Read full article » <https://www.law360.com/fintech/articles/1805783?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1805783?nl_pk=d2b3e7ef-ab62-4a62-80…>

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YouTube Privacy Judge 'Flummoxed' By Kids' Liability Theory
by Gunnar Larson 23 Feb '24

23 Feb '24

YouTube Privacy Judge 'Flummoxed' By Kids' Liability Theory <https://www.law360.com/technology/articles/1805735?nl_pk=2bd720dd-746c-4744…> By Dorothy Atkins A California federal judge indicated Thursday that she's open to trimming a revived proposed class action alleging Google and companies that host child-friendly YouTube channels illegally collected children's data from targeted ads, expressing concerns about the requested relief and saying she's "flummoxed" by the consumers' belated liability theory against the channels' owners. Read full article » <https://www.law360.com/technology/articles/1805735?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1805735?nl_pk=2bd720dd-746c-4744…>

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Max Keiser Warns of Government Seizing Bitcoin in ETFs — Predicts 1987-Style Crash as BTC Rises to $500K – Markets and Prices Bitcoin News
by Gunnar Larson 23 Feb '24

23 Feb '24

https://news.bitcoin.com/max-keiser-warns-of-government-seizing-bitcoin-in-… Max Keiser Warns of Government Seizing Bitcoin in ETFs — Predicts 1987-Style Crash as BTC Rises to $500K Bitcoin proponent Max Keiser has warned of potential government seizure of bitcoin held in spot exchange-traded funds (ETFs). He additionally issued a stark warning about a looming 1987-style crash, while simultaneously predicting that the bitcoin’s price will surge past $500,000. Max Keiser’s Crash and Bitcoin Seizure Warnings Bitcoin advocate Max Keiser expressed concerns about spot bitcoin exchange-traded funds (ETFs) and a potential market crash while sharing a bold BTC price prediction on social media platform X this week. He wrote on Wednesday: 1987-style crash coming. Bitcoin, the ultimate safe haven, will soar past $500,000. Gold will continue getting demonetized by bitcoin. BTC ETF’s (& domestic BTC miners) will get seized by U.S. government. On Thursday, Keiser commented on New York Attorney General Letitia James’ potential move to seize assets from former U.S. President Donald Trump if he fails to pay the $355 million penalty. He explained that if the authorities can seize Trump’s assets, then they “can certainly seize” bitcoin held by spot bitcoin ETFs as well as “commandeer U.S. BTC miners.” He then advised investors to self-custody their bitcoin or they may lose them. Max Keiser Warns of Government Seizing Bitcoin in ETFs — Predicts 1987-Style Crash as BTC Rises to $500K Governments around the world regularly seize bitcoin held on centralized crypto exchanges, with the U.S. government being one of the top confiscators, often as part of criminal investigations. Several other countries have also been active in seizing cryptocurrencies, as evidenced by the U.K. police‘s recent disclosure of a 61,000 BTC seizure from a major Chinese investment fraud and German authorities‘ January report of a 50,000 BTC seizure. Meanwhile, spot bitcoin ETFs have hit record trading volumes since they launched in early January. Microstrategy’s executive chairman, Michael Saylor, said last week that bitcoin has become “the world’s most popular investment asset.” Coinbase is the custody of eight out of 11 spot bitcoin ETFs approved by the U.S. Securities and Exchange Commission (SEC). “What’s even more important is that every institution is now starting to hold crypto, the asset class will be a standard part of every diversified portfolio,” Coinbase CEO Brian Armstrong said last week. Many investors believe the combined factors of growing demand for spot bitcoin ETFs and the approaching Bitcoin halving will significantly boost BTC’s price. Fundstrat’s head of research foresees bitcoin hitting $150K this year. He calls BTC “sound money.” Rich Dad Poor Dad author Robert Kiyosaki expects bitcoin’s price to reach $100K by June this year.

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Two Goldman Sachs partners threaten to quit after committee snub
by Gunnar Larson 23 Feb '24

23 Feb '24

https://nypost.com/2024/02/22/business/two-goldman-sachs-partners-threaten-… Two longtime Goldman Sachs partners have reportedly threatened to quit after they were passed over for a position on a top committee established under CEO David Solomon. Mark Sorrell, who co-heads mergers and acquisitions in the firm’s London office, and Gonzalo Garcia, who co-heads the European investment banking division, have indicated they may resign after they were left off a new committee formed in the global banking and markets unit, according to Financial Times. The two were left off even as co-heads who work alongside both men — Stephan Feldgoise in mergers and acquisitions and Anthony Gutman in European investment banking — were included in the dozen-member committee, FT reported.

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Crypto Co. DGC Blasts NY AG Settlement With Genesis Global
by Gunnar Larson 23 Feb '24

23 Feb '24

Crypto Co. DGC Blasts NY AG Settlement With Genesis Global <https://www.law360.com/fintech/articles/1805402?nl_pk=d2b3e7ef-ab62-4a62-80…> By Aislinn Keely The parent company of Genesis Global Holdco slammed a proposed settlement between the bankrupt lender and the New York attorney general on Wednesday, calling the agreement an attempt to "rig" the Chapter 11 plan confirmation to include larger payouts for certain creditors. 1 document attached | Read full article » <https://www.law360.com/fintech/articles/1805402?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1805402?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Breaking Down The New UK Pension Funding Regs
by Gunnar Larson 23 Feb '24

23 Feb '24

Breaking Down The New UK Pension Funding Regs <https://www.law360.co.uk/financial-services-uk/articles/1804481?nl_pk=a94fc…> Recently published U.K. pension regulations, proposing major changes to funding and investing in defined benefit pension schemes, raise implementation considerations for trustees, including the importance of the employer covenant, say Charles Magoffin and Elizabeth Bullock at Freshfields. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1804481?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1804481?nl_pk=a94fc…>

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Going Broke Is Top Concern For Retirement Clients
by Gunnar Larson 23 Feb '24

23 Feb '24

Going Broke Is Top Concern For Retirement Clients <https://www.law360.co.uk/financial-services-uk/articles/1805499?nl_pk=a94fc…> By Josh White More than 70% of financial advisers report their retirement clients fear they will outlast their money, according to research published Thursday by insurer Aegon UK. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1805499?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1805499?nl_pk=a94fc…>

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Gang Jailed For 'Industrial Scale' Money Laundering Operation
by Gunnar Larson 23 Feb '24

23 Feb '24

They are calling Gunnar 'gangbusters' ---- Gang Jailed For 'Industrial Scale' Money Laundering Operation <https://www.law360.co.uk/financial-services-uk/articles/1805539?nl_pk=a94fc…> By Eddie Beaver Four members of a gang that sent £26 million ($33 million) in dirty money to Dubai by depositing illegal cash at banks have been jailed for a combined 22 years, the U.K.'s tax authority said Thursday. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1805539?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1805539?nl_pk=a94fc…>

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