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The SEC has rapidly been pausing and dropping enforcement cases and investigations against crypto companies, including some of the largest crypto-focused political donors (and those paying Trump in more... creative ways).
#crypto #cryptocurrency #USpolitics #USpol
![SEC
Trump’s nominee for SEC Chair, Paul Atkins [I71], has not even been confirmed yet, but that hasn’t stopped the agency from barreling ahead with the new administration’s promises to the industry that all their problems would go away.
Most notably, the SEC case against Coinbase was dismissed with prejudice, meaning the SEC cannot refile the case in the future. CEO Brian Armstrong was explicit with his thanks when announcing the dismissal on Twitter: “I have to give credit here to the Trump administration, for winning the election”. He insisted that he believed “we would have won this case in the courts either way”, but noted that Trump’s election “certainly helped accelerate the process”.23 Coinbase has spent $75 million on contributions to crypto-focused super PACs, some apparently in violation of federal election law, and contributed $1 million to Trump’s inauguration fund.
A case against Justin Sun and his Tron project, opened in March 2023 and alleging fraudulent market manipulation “through extensive wash trading”, “orchestrating a scheme to pay celebrities to tout TRX and BTT without disclosing their compensation”, and unregistered securities offerings, has been stayed as parties “consider a potential resolution”.24 As a foreign national, Sun is not permitted to make contributions to American political candidates or committees. However, he has spent $75 million purchasing World Liberty Financial’s WLFI tokens, and Trump personally gets a 75% cut of that project’s re](https://inne.city/photo/preview/640/127861 "SEC
Trump’s nominee for SEC Chair, Paul Atkins [I71], has not even been confirmed yet, but that hasn’t stopped the agency from barreling ahead with the new administration’s promises to the industry that all their problems would go away.
Most notably, the SEC case against Coinbase was dismissed with prejudice, meaning the SEC cannot refile the case in the future. CEO Brian Armstrong was explicit with his thanks when announcing the dismissal on Twitter: “I have to give credit here to the Trump administration, for winning the election”. He insisted that he believed “we would have won this case in the courts either way”, but noted that Trump’s election “certainly helped accelerate the process”.23 Coinbase has spent $75 million on contributions to crypto-focused super PACs, some apparently in violation of federal election law, and contributed $1 million to Trump’s inauguration fund.
A case against Justin Sun and his Tron project, opened in March 2023 and alleging fraudulent market manipulation “through extensive wash trading”, “orchestrating a scheme to pay celebrities to tout TRX and BTT without disclosing their compensation”, and unregistered securities offerings, has been stayed as parties “consider a potential resolution”.24 As a foreign national, Sun is not permitted to make contributions to American political candidates or committees. However, he has spent $75 million purchasing World Liberty Financial’s WLFI tokens, and Trump personally gets a 75% cut of that project’s re")
But the “announcement” doesn’t seem to actually announce anything new, and instead seems to be Trump’s attempt to apply some electroshock paddles to the easily swayed crypto markets.
Every time he does this, it seems to work less and less.
#crypto #cryptocurrency #USpolitics #USpol
![Besides the mention of specific crypto assets, Trump’s post doesn’t actually appear to announce anything new, and instead reiterates that his “Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve” [I75]. (I will note that the actual wording of the EO was more guarded, directing the working group not to “move forward on” a strategic reserve, but rather to “evaluate the potential creation and maintenance of a national digital asset stockpile”.) Nonetheless, crypto prices rallied a bit, with bitcoin returning to around $93,000. This was still somewhat of a subdued recovery, only juicing bitcoin back to around its February 25 price, leaving me wondering how many promises Trump has left in the tank to keep bitcoin prices pumped up as they are now. Without the actual government infusion of cash into bitcoin markets via this “strategic reserve” gambit — something that may yet be a ways off, could take various forms, and could fail to materialize entirely — words alone seem to be running out.](https://inne.city/photo/preview/640/127853 "Besides the mention of specific crypto assets, Trump’s post doesn’t actually appear to announce anything new, and instead reiterates that his “Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve” [I75]. (I will note that the actual wording of the EO was more guarded, directing the working group not to “move forward on” a strategic reserve, but rather to “evaluate the potential creation and maintenance of a national digital asset stockpile”.) Nonetheless, crypto prices rallied a bit, with bitcoin returning to around $93,000. This was still somewhat of a subdued recovery, only juicing bitcoin back to around its February 25 price, leaving me wondering how many promises Trump has left in the tank to keep bitcoin prices pumped up as they are now. Without the actual government infusion of cash into bitcoin markets via this “strategic reserve” gambit — something that may yet be a ways off, could take various forms, and could fail to materialize entirely — words alone seem to be running out.")
Seeming to respond to the panicked pleas from the cryptocurrency industry, Trump rescued bitcoin from its below-$80,000 slide in a Sunday Truth Social post reiterating his plans for a “U.S. Crypto Reserve”.
#crypto #cryptocurrency #USpolitics #USpol
![Seeming to respond to the panicked pleas from the cryptocurrency industry, Trump rescued bitcoin from its below-$80,000 slide in a Sunday Truth Social post reiterating his plans for a “U.S. Crypto Reserve”, which he added would contain “XRP [Ripple], SOL [Solana], and ADA [Cardano]”. Further panic [I74, 75] from bitcoin maximalists likely prompted his quick addendum two hours later that “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!” Nice save.4
These assets were certainly not chosen at random, and give us some insight into who’s got the ear of the president (at least at the current moment). Part of it has to do with Trump’s nationalist and also rather absurd insistence that the reserve feature assets that are “made in the USA”. But beyond that: Ripple’s XRP token is an unsurprising if controversial choice — it’s a divisive asset in the crypto world, but on the other hand, the company contributed $48 million to crypto-focused super PACs and another $5 million to Trump’s inauguration fund. The company’s CEO, Brad Garlinghouse, has been rumored to be on the shortlist of people to be named to the much awaited crypto advisory board,5 and both he and the company’s Chief Legal Officer dined with the president in early January.](https://inne.city/photo/preview/640/127849 "Seeming to respond to the panicked pleas from the cryptocurrency industry, Trump rescued bitcoin from its below-$80,000 slide in a Sunday Truth Social post reiterating his plans for a “U.S. Crypto Reserve”, which he added would contain “XRP [Ripple], SOL [Solana], and ADA [Cardano]”. Further panic [I74, 75] from bitcoin maximalists likely prompted his quick addendum two hours later that “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!” Nice save.4
These assets were certainly not chosen at random, and give us some insight into who’s got the ear of the president (at least at the current moment). Part of it has to do with Trump’s nationalist and also rather absurd insistence that the reserve feature assets that are “made in the USA”. But beyond that: Ripple’s XRP token is an unsurprising if controversial choice — it’s a divisive asset in the crypto world, but on the other hand, the company contributed $48 million to crypto-focused super PACs and another $5 million to Trump’s inauguration fund. The company’s CEO, Brad Garlinghouse, has been rumored to be on the shortlist of people to be named to the much awaited crypto advisory board,5 and both he and the company’s Chief Legal Officer dined with the president in early January.")
![Trump’s “Crypto Czar” David Sacks is a big Solana guy. Andreessen Horowitz has also heavily invested in Solana — both directly and in Solana-based projects — and in the Trump administration. Cardano founder Charles Hoskinson has also clearly been trying to woo Trump, claiming very shortly after the election that he was “going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate with other key leaders in industry the crypto policy”.6 While he has continued to boast vaguely about meetings with various influential figures, winkingly describing a “VIP dinner” where “diet coke will certainly be on [the menu]”, there’s been little outside confirmation that he’s had much access to the Trump administration. However, the inclusion of his ADA token on the shortlist certainly suggests some degree of success in his endeavors.](https://inne.city/photo/preview/640/127851 "Trump’s “Crypto Czar” David Sacks is a big Solana guy. Andreessen Horowitz has also heavily invested in Solana — both directly and in Solana-based projects — and in the Trump administration. Cardano founder Charles Hoskinson has also clearly been trying to woo Trump, claiming very shortly after the election that he was “going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate with other key leaders in industry the crypto policy”.6 While he has continued to boast vaguely about meetings with various influential figures, winkingly describing a “VIP dinner” where “diet coke will certainly be on [the menu]”, there’s been little outside confirmation that he’s had much access to the Trump administration. However, the inclusion of his ADA token on the shortlist certainly suggests some degree of success in his endeavors.")
While cryptocurrencies were once viewed as a subversive financial instrument intended to be independent from governments, banks, or the traditional financial system, it’s become clear that the crypto world is deeply dependent on outside forces propping it up.
#crypto #cryptocurrency #USpolitics #USpol
Newsletter: President on brink of bailout for bitcoin
Trump tries to breathe life back into the crypto markets’ “Trump pump” while federal regulatory agencies wash their hands of any crypto industry oversight
The Lincoln Project is a conservative, actual conservative, anti-Trump organization.
Every word of this is true. Trump is a national disgrace, second only to the people that voted for him.
Trump and Vance ATTACK Zelenskyy in Oval Office and Align U.S. with PUTIN
Rick Wilson reacts to the disgraceful Oval Office meeting between Donald Trump, JD Vance, and Volodymyr Zelenskyy. Today's Oval Office spectacle wasn't about...YouTube
Now is not the time for bipartisanship. Now is not the time for optics.
Now is the time to fight dirty and fuck shit up in ways that make it harder for the fascist kleptocrat to fuck shit up. Dirty messy stalling action.
Any Democratic leader who doesn't realize that has no business being a Democratic leader.
This. Every word of this. Hell yeah, Governor Pritzker.
Quiet Majority - Illinois Gov. JB Pritzker compares Trump administration to Nazis in powerful speech
Quiet Majority - Illinois Gov. JB Pritzker compares Trump administration to Nazis in powerful speech#project2025 #fascism #nazismYouTube
More politicians need to stand up like this and call this coup what it is.
Naivety is the favored fashion of all those favored to be voters of today's "Republican" entity.
🤔😎 Funny how Republican Party's co-founder Abraham Lincoln always encouraged the people to mature & get educated sovereign active participants of the political process they're finally to give their blessing to, as the sovereign of all U.S. government.
#Ukraine & the #UnitedStates have agreed to a framework for an expansive #minerals deal, acc/to a Ukrainian ofcl & another person familiar w/the matter. The White House has not confirmed the agreement has not commented.
The #Trump admin has pushed Ukrainian President Volodymyr #Zelensky to repay US #war #aid with such an agreement, amid broader pressure to come to a *peace* deal w/ #Russia.
#extortion #WarProfiteering #authoritarianism #geopolitics #USpol #StandWithUkraine
Republicans: Government should not regulate businesses. Investors should run their companies as they see fit.
Also Republicans: If your company has the word "diverse" anywhere, we will destroy you through the full might of the government.
There is no such thing as a good Republican anymore.
#uspol #gop #goptraitors
It’s not that often these days that I can feel any pride in my profession. Much respect to these people: apnews.com/article/doge-elon-m…
DOGE staffers resign en mass to protest Musk's slashing of federal government
Twenty-one civil service employees have resigned from billionaire Trump adviser Elon Musk’s Department of Government Efficiency, saying they're refusing to use their technical expertise to “dismantle critical public services.Brian Slodysko (AP News)
BREAKING NEWS 🚨
"Fight Back - contact your congressmen to keep Musk, the South African, out of YOUR government and most sensitive information!"
- Aure
21 civil service employees are resigning from Elon Musk’s DOGE, refusing to “dismantle critical public services.”
#AureFreePress #News #press #headline #GOP #Politics #uspolitics #uspol #Musk #Twitter #x #socialmedia #Breaking #BreakingNews
As predicted, American actions will create a less stable world where everyone needs nuclear weapons to keep aggressor nations out.
"Friedrich Merz called on Britain and France to extend their nuclear protection as he seeks "independence" for Europe from Trump’s America.”
"I have a bad word for Elon Musk...and Donald Trump"
- Aure
Nearly 40% of contracts canceled by DOGE are expected to produce no savings
#AureFreePress #News #press #headline #GOP #Politics #uspolitics #uspol
apnews.com/article/doge-federa…
Nearly 40% of contracts canceled by DOGE are expected to produce no savings
Nearly 40% of the federal contracts that the Trump administration claims to have canceled as part of its signature cost-cutting program aren’t expected to save any money.Ryan J. Foley (AP News)
TRUMP CRIME FAMILY
Speaking at the start of a meeting with Saudi Arabia's defense minister, the Trump Regime's Defense Secretary Pete Hegseth refused to answer a question about why Trump has selected a retired general to be the next Joint Chiefs chairman, when he DOESN'T meet the legal qualifications for the job.
#AureFreePress #News #press #headline #GOP #Politics #uspolitics #uspol #Trump
yahoo.com/news/hegseth-says-fi…
"Read It Here"
A Post By A MAGA Supporter Who Said They Were Laid Off Because Of Trump's Cuts Is Going Mega-Viral
#AureFreePress #News #press #headline #GOP #Politics #uspolitics #uspol #Trump
huffpost.com/entry/maga-suppor…
A Post By A MAGA Supporter Who Said They Were Laid Off Because Of Trump's Cuts Is Going Mega-Viral
"Each time I voted for you, it was because I knew you'd make things right and you'd fix the wrongs. I'm counting on you now to make this right too."BuzzFeed (HuffPost)
The Kremlin on Tuesday praised Trump's “balanced position” after the US voted with Russia at the United Nations to avoid condemnation of Moscow’s campaign against Ukraine.
Trump, who was recruited by Russia's KGB in the 1980s, has a Russian codename of Krasnov
#AureFreePress #News #press #headline #Ukraine #Russia #Putin #EU #NATO #GOP #Politics #uspolitics #uspol
"I am Krasnov"
"Putin and Russia are broke as Hell....this is just another gift Comrade Trump is giving his master Putin"
- Aure
Russian President Vladimir Putin on Monday backed a suggestion by US counterpart Donald Trump that Russia, the US and China should all cut their military budgets in half
#AureFreePress #News #press #headline #GOP #Politics #uspolitics #uspol
BREAKING NEWS!
Trump administration tells agencies they can ignore Musk order on email reply
#AureFreePress #News #press #headline #GOP #Politics #uspolitics #uspol
washingtonpost.com/dc-md-va/20…
Looking for "I need to do something!" to fight the current administration?
Public Comments are now open on the "force passports to use birth sex only" plan from the State Department.
Flood it with firm-but-polite "NO!" messages. (Abusive messages only hurt the cause, don't do that.) RT for reach.
MAKE THEM ACT!
Contact your congress members to voice your disapproval of the Trump regime and make them act on your behalf!
Politicians can no longer sit on the sideline and watch Trump dismantle our democracy, destroy Ukraine and throw our European allies under the tracks of a Russian tank.
This easy to use guide quickly gives you the contact information for your elected officials.
#AureFreePress #News #press #headline #GOP #Politics #uspolitics #uspol
congress.gov/members/find-your…
