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Beiträge, die mit Crypto getaggt sind
#Trump needs #money -don’t buy anything 🤮🤬😵💫
Source: gettrumpmemes.com/dinner
#meme #crypto #finance #politics #government #whitehouse #usa #news
Dinner
Join the Trump Community. Own a Piece of Trump. This is History in the Making!gettrumpmemes.com
FBI: Americans aged 60 and older reported losing almost $3 billion to crypto fraud last year. In total, Americans reported being scammed out of around $9.3 billion via crypto, out of a total $16.6 billion in total reported Internet crime losses that year.
ic3.gov/AnnualReport/Reports/2…
Stop using Brave Browser
The Brave web browser has carved out a niche over the past few years as an alternative to Google Chrome, Mozilla Firefox, and other mainstream web browsers. Some of that has come from its marketing as a privacy-preserving web browser, and it has also been repeatedly evangelized by cryptocurrency enthusiasts.
🌐 spacebar.news/stop-using-brave…
#internet #browser #security #brave #web #bravebrowser #internetbrowser #crypto #cryptocurrency #framework #chrome
Newsletter: Inside the Trump family’s sprawling crypto empire — from memecoins to mining — and how Trump is using presidential power to dismantle the regulators who could stop it.
citationneeded.news/trump-cryp…
#crypto #cryptocurrency #USpolitics #USpol
Trump’s newest grift: Building a cryptocurrency empire while destroying its regulators
Inside the Trump family’s sprawling crypto empire — from memecoins to mining — and how Trump is using presidential power to dismantle the regulators who could stop itMolly White (Citation Needed)
Excellent!
A Norwegian court has determined that crypto mining is not "industry", and therefore can be excluded in local zoning plans for industry.
Municipalities in Norway want to exclude them because of the huge energy demands and very few jobs created.
This is a good decision. These data centres are a massive waste of energy and resources.
#Crypto #Miming #Energy #Law #Norway
rett24.no/articles/staten-vant…
Staten vant ankesak om reguleringsplan – kryptoutvinning er ikke «industri»
– Dette får åpenbart store konsekvenser langt ut over denne saken, sier kryptoutbyggernes prosessfullmektig, etter at staten onsdag fikk fullt medhold i at kommunen kan nekte etableringen av et kraftkrevende datasenter.Kjetil Kolsrud (Rett24)
He’s attempting a rather novel argument for leniency in his sentencing: there’s just so much crime in crypto that he forgot it wasn’t allowed.
#crypto #cryptocurrency #USpol #USpolitics
![Avi Eisenberg
Mango Markets exploiter Avraham “Avi” Eisenberg has filed his sentencing memo ahead of his April 10 sentencing, where he will face a maximum of twenty years in prison.7 A year ago, Eisenberg was convicted on fraud and market manipulation charges in connection to the $110 million exploit of the Mango Markets cryptocurrency platform [W3IGG, I6, 43, 55, 56, 67]. However, shortly before his conviction, the government filed an additional charge of possession of child pornography after finding evidence of such while examining Eisenberg’s devices in connection to the crypto theft. Eisenberg pleaded guilty almost immediately to the additional charge, and the cases were combined for sentencing purposes.](https://inne.city/photo/preview/640/267733 "Avi Eisenberg
Mango Markets exploiter Avraham “Avi” Eisenberg has filed his sentencing memo ahead of his April 10 sentencing, where he will face a maximum of twenty years in prison.7 A year ago, Eisenberg was convicted on fraud and market manipulation charges in connection to the $110 million exploit of the Mango Markets cryptocurrency platform [W3IGG, I6, 43, 55, 56, 67]. However, shortly before his conviction, the government filed an additional charge of possession of child pornography after finding evidence of such while examining Eisenberg’s devices in connection to the crypto theft. Eisenberg pleaded guilty almost immediately to the additional charge, and the cases were combined for sentencing purposes.")
The Acting Director of the SEC is looking to rescind or modify even more previous crypto guidance based on “recommendations from DOGE”.
And the agency has dropped even more investigations and lawsuits, including against Trump business partner Crypto.com.
#crypto #cryptocurrency #USpol #USpolitics
![The SEC investigation into Crypto.com has been terminated, and the agency will not pursue any enforcement action.20 This is hardly surprising given the flood of dropped SEC lawsuits and closed investigations targeting the industry, but it’s especially unsurprising given that, three days earlier, Trump Media picked Crypto.com as a partner to launch various exchange-traded funds [I80].
I noted in February that, despite the Winklevoss twins’ victory screeches, it wasn’t clear that the ongoing lawsuit regarding the Gemini Earn product had actually been dropped [I78]. The lawsuit was filed against Gemini and Genesis Global Capital in January 2023 after Gemini customers lost access to almost $1 billion in funds as the two companies halted withdrawals [I16], and Genesis settled their portion of the case for $21 million in March 2024 [I50]. The portion against Gemini had been ongoing until an April 1 joint request for a 60-day stay to “allow the parties to explore a potential resolution”.21 This is the same language that’s been used to halt the SEC cases against companies like Coinbase and Tron, and it’s widely understood that these mark the end of SEC scrutiny for these companies.
Even “Hawk Tuah girl” is out of the woods, recently telling TMZ that the SEC had closed its investigation into the memecoin flop [W3IGG] that became emblematic of the memecoin world and — particularly lately — crypto as a whole.22](https://inne.city/photo/preview/640/267731 "The SEC investigation into Crypto.com has been terminated, and the agency will not pursue any enforcement action.20 This is hardly surprising given the flood of dropped SEC lawsuits and closed investigations targeting the industry, but it’s especially unsurprising given that, three days earlier, Trump Media picked Crypto.com as a partner to launch various exchange-traded funds [I80].
I noted in February that, despite the Winklevoss twins’ victory screeches, it wasn’t clear that the ongoing lawsuit regarding the Gemini Earn product had actually been dropped [I78]. The lawsuit was filed against Gemini and Genesis Global Capital in January 2023 after Gemini customers lost access to almost $1 billion in funds as the two companies halted withdrawals [I16], and Genesis settled their portion of the case for $21 million in March 2024 [I50]. The portion against Gemini had been ongoing until an April 1 joint request for a 60-day stay to “allow the parties to explore a potential resolution”.21 This is the same language that’s been used to halt the SEC cases against companies like Coinbase and Tron, and it’s widely understood that these mark the end of SEC scrutiny for these companies.
Even “Hawk Tuah girl” is out of the woods, recently telling TMZ that the SEC had closed its investigation into the memecoin flop [W3IGG] that became emblematic of the memecoin world and — particularly lately — crypto as a whole.22")
As we watch Trump dismantling cryptocurrency industry regulations and enforcement, it’s worth revisiting the extent to which he and his family personally profit from their cryptocurrency business interests, which they have been rapidly expanding.
#crypto #cryptocurrency #USpol #USpolitics
![Trump business interests
As we watch Trump dismantling cryptocurrency industry regulations and enforcement, it’s worth revisiting the extent to which he and his family personally profit from their cryptocurrency business interests, which they have been rapidly expanding.
Eric Trump has recently announced American Bitcoin, a company he has co-founded with the CEO of bitcoin mining firm Hut8. American Bitcoin will essentially subsume Hut8’s entire bitcoin mining business under suspiciously friendly terms for the Trumps. As VanEck’s Matthew Sigel noted, “I don’t fully understand the rationale of selling 61,000 miners in exchange for an 80% stake in a subsidiary that they previously owned 100% of. No cash changes hands.”13 Hut8 seems to have decided that favor with the Trump family is worth more than cash.
I’ve gotten some flak in the past for describing World Liberty Financial as the Trumps’ crypto platform, as some liked to reiterate the platform’s claims that they had an arms-length relationship with the Trumps (despite the fact that 75% of protocol revenues go to Trump, and the platform prominently listed the three Trump sons as “ambassadors” [I68]). Now that the election is over, all pretense has been dropped, and the Trump family has taken majority control of the company. The company has raised $550 million in token sales, putting Trump’s cut at almost $400 million. The project still has yet to launch anything, but as I noted last issue, their plans now include lau](https://inne.city/photo/preview/640/267723 "Trump business interests
As we watch Trump dismantling cryptocurrency industry regulations and enforcement, it’s worth revisiting the extent to which he and his family personally profit from their cryptocurrency business interests, which they have been rapidly expanding.
Eric Trump has recently announced American Bitcoin, a company he has co-founded with the CEO of bitcoin mining firm Hut8. American Bitcoin will essentially subsume Hut8’s entire bitcoin mining business under suspiciously friendly terms for the Trumps. As VanEck’s Matthew Sigel noted, “I don’t fully understand the rationale of selling 61,000 miners in exchange for an 80% stake in a subsidiary that they previously owned 100% of. No cash changes hands.”13 Hut8 seems to have decided that favor with the Trump family is worth more than cash.
I’ve gotten some flak in the past for describing World Liberty Financial as the Trumps’ crypto platform, as some liked to reiterate the platform’s claims that they had an arms-length relationship with the Trumps (despite the fact that 75% of protocol revenues go to Trump, and the platform prominently listed the three Trump sons as “ambassadors” [I68]). Now that the election is over, all pretense has been dropped, and the Trump family has taken majority control of the company. The company has raised $550 million in token sales, putting Trump’s cut at almost $400 million. The project still has yet to launch anything, but as I noted last issue, their plans now include lau")
![Then there’s Trump Media, the firm behind the Truth Social platform, which has recently filed documents disclosing plans to explore something called Truth.Fi, which will include a crypto component [I80]. Trump’s stake in Trump Media is estimated at around $2 billion, and the company recently submitted filings that would allow the trust holding his shares in the company (controlled by Donald Trump Jr.) to sell them.14
Then there are the memecoins [I75]. Trump has already extracted around $350 million from crypto buyers via his $TRUMP token.15 On April 18, he’ll be allowed to sell off another 40 million of the tokens in the first token unlock of several scheduled over a three-year period. There’s also his wife’s $MELANIA token, which has been comparatively less lucrative, although the team responsible for it (also responsible for the disastrous $LIBRA token) has been quietly dumping tokens for at least $30 million in recent days.16
Of course we can’t forget the NFTs (multiple projects apiece launched by both Donald and Melania Trump), the bitcoin sneakers, and the other associated crypto-related grifts. And then there’s the political benefit via crypto industry donations — over $10 million contributed directly to supporting Trump, and over $200 million and counting raised to influence Congressional races.](https://inne.city/photo/preview/640/267725 "Then there’s Trump Media, the firm behind the Truth Social platform, which has recently filed documents disclosing plans to explore something called Truth.Fi, which will include a crypto component [I80]. Trump’s stake in Trump Media is estimated at around $2 billion, and the company recently submitted filings that would allow the trust holding his shares in the company (controlled by Donald Trump Jr.) to sell them.14
Then there are the memecoins [I75]. Trump has already extracted around $350 million from crypto buyers via his $TRUMP token.15 On April 18, he’ll be allowed to sell off another 40 million of the tokens in the first token unlock of several scheduled over a three-year period. There’s also his wife’s $MELANIA token, which has been comparatively less lucrative, although the team responsible for it (also responsible for the disastrous $LIBRA token) has been quietly dumping tokens for at least $30 million in recent days.16
Of course we can’t forget the NFTs (multiple projects apiece launched by both Donald and Melania Trump), the bitcoin sneakers, and the other associated crypto-related grifts. And then there’s the political benefit via crypto industry donations — over $10 million contributed directly to supporting Trump, and over $200 million and counting raised to influence Congressional races.")
A Monday night memo from Deputy Attorney General Todd Blanche, citing Trump’s crypto executive orders, has dismantled the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) and directed the agency’s Market Integrity and Major Frauds Unit to “cease cryptocurrency enforcement”.
#crypto #cryptocurrency #USpol #USPolitics
![A Monday night memo from Deputy Attorney General Todd Blanche, citing Trump’s crypto executive orders, has dismantled the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) and directed the agency’s Market Integrity and Major Frauds Unit to “cease cryptocurrency enforcement”.1 The memo also directs prosecutors to “not charge regulatory violations in cases involving digital assets including but not limited to unlicensed money transmitting..., violations of the Bank Secrecy Act, unregistered securities offering violations, unregistered broker-dealer violations, and other violations of registration requirements under the Commodity Exchange Act” unless they have specific knowledge that the defendant knowingly and willfully violated a specific requirement — erecting a major barrier to prosecuting such cases.
The National Cryptocurrency Enforcement Team, established in October 2021 and merged with the computer crimes section in July 2023, helped investigate and prosecute cases including the historic Binance case [I44] — which was based on charges that the DOJ is now explicitly discouraged from prosecuting. NCET was also heavily involved in prosecuting Bitzlato for its role in laundering ransomware proceeds and illicit assets tied to the Russian Hydra darkweb marketplace [I46], and in prosecuting Avi Eisenberg, who I will return to in a moment.23](https://inne.city/photo/preview/640/267721 "A Monday night memo from Deputy Attorney General Todd Blanche, citing Trump’s crypto executive orders, has dismantled the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) and directed the agency’s Market Integrity and Major Frauds Unit to “cease cryptocurrency enforcement”.1 The memo also directs prosecutors to “not charge regulatory violations in cases involving digital assets including but not limited to unlicensed money transmitting..., violations of the Bank Secrecy Act, unregistered securities offering violations, unregistered broker-dealer violations, and other violations of registration requirements under the Commodity Exchange Act” unless they have specific knowledge that the defendant knowingly and willfully violated a specific requirement — erecting a major barrier to prosecuting such cases.
The National Cryptocurrency Enforcement Team, established in October 2021 and merged with the computer crimes section in July 2023, helped investigate and prosecute cases including the historic Binance case [I44] — which was based on charges that the DOJ is now explicitly discouraged from prosecuting. NCET was also heavily involved in prosecuting Bitzlato for its role in laundering ransomware proceeds and illicit assets tied to the Russian Hydra darkweb marketplace [I46], and in prosecuting Avi Eisenberg, who I will return to in a moment.23")
Newsletter: Trump continues to dismantle crypto enforcement while expanding his personal crypto empire.
Most recently, Trump has called the DOJ off cryptocurrency enforcement and dismantled the agency's crypto enforcement team.
Crypto lobby: “Sure, Trump nixed the Crypto Enforcement Team, directed Major Fraud prosecutors to stop prosecuting crypto cases, and is trying to exempt crypto platforms from the BSA, but they wrote right here that they care about stopping crypto crime!”
Trump has directed the Department of Justice to stop pursuing crypto fraud, dismantling the National Cryptocurrency Enforcement Team and ordering the Market Integrity and Major Frauds Unit to cease cryptocurrency enforcement.
The environmental burden of the United States’ #bitcoin #mining #boom
Source: nature.com/articles/s41467-025…
From mid-2022 to mid-2023, the 34 mines consumed 32.3 terawatt-hours of #electricity — 33% more than Los Angeles—85% of which came from #fossil #fuels.
#btc #usa #earth #environment #climate #finance #politics #Problem #money #nature #emissions #crypto #hype #blockchain
The environmental burden of the United States’ bitcoin mining boom - Nature Communications
The paper maps air pollution from power plants supplying electricity to US Bitcoin mines. It finds that 1.9 million people in 2022-2023 breathed toxic amounts of Bitcoin mine attributable pollution, particularly around New York City and Houston.Nature
In order to close the deal, Crypto.com had to resurrect $7 billion in CRO tokens that were burned in 2021. This was decided by a “vote” in which Crypto.com validators controlled more than 70% of the voting power — nearly all other CRO holders opposed.
#crypto #cryptocurrency #USpol #USpolitics
![Though the details were scarce, the press release suggested the crypto ETFs would “include a unique ETF basket of cryptocurrencies incorporating Bitcoin, Cronos, and other crypto assets.” (Cronos is the token issued by Crypto.com subsidiary Cronos Labs.) All of this will happen via the “Truth.Fi” brand, a business venture announced by Trump Media in February [I76]. There has been some controversy over this deal in the crypto world, centering around a decision by Crypto.com and Cronos to fund the deal by “reissuing” tokens notionally worth $7 billion that had been burned (ostensibly permanently destroyed) in 2021.7 The proposal was unpopular among many Cronos holders, and comments on the proposal were universally negative. “Veto. Reversing a burn is a violation of trust and integrity of the ecosystem,” commented one community member. “This is a disaster on so many levels—I don’t even know where to begin. This should be a firm NO, with a veto. It feels more like a rug pull from [Crypto.com], where they’re essentially seeking exposure to the US reserve using consumers' money,” argued another.8 Most Cronos validators voted no on the proposal. However, at the last minute, a sudden surge in yes votes came in from validators operated by Crypto.com, which controls 70–80% of the voting power in Cronos, forcing through the proposal.9](https://inne.city/photo/preview/640/208105 "Though the details were scarce, the press release suggested the crypto ETFs would “include a unique ETF basket of cryptocurrencies incorporating Bitcoin, Cronos, and other crypto assets.” (Cronos is the token issued by Crypto.com subsidiary Cronos Labs.) All of this will happen via the “Truth.Fi” brand, a business venture announced by Trump Media in February [I76]. There has been some controversy over this deal in the crypto world, centering around a decision by Crypto.com and Cronos to fund the deal by “reissuing” tokens notionally worth $7 billion that had been burned (ostensibly permanently destroyed) in 2021.7 The proposal was unpopular among many Cronos holders, and comments on the proposal were universally negative. “Veto. Reversing a burn is a violation of trust and integrity of the ecosystem,” commented one community member. “This is a disaster on so many levels—I don’t even know where to begin. This should be a firm NO, with a veto. It feels more like a rug pull from [Crypto.com], where they’re essentially seeking exposure to the US reserve using consumers' money,” argued another.8 Most Cronos validators voted no on the proposal. However, at the last minute, a sudden surge in yes votes came in from validators operated by Crypto.com, which controls 70–80% of the voting power in Cronos, forcing through the proposal.9")
Trump is seeking to expand his personal crypto footprint, and his Trump Media company is looking to partner with Crypto.com to launch ETPs. The Singapore-headquartered company is an odd choice of partner for a plan with a “Made in America focus”.
#crypto #cryptocurrency #USpol #USpolitics
Lead crypto adviser Bo Hines is already hard at work getting “a lot of high IQ people” to work on “countless ideas” for how the US can add more bitcoin to its reserve while remaining technically “budget neutral”.
#crypto #cryptocurrency #USpol #USpolitics
![Any sense of relief that may have followed the March executive order’s stipulation that a “strategic bitcoin reserve” would not incur costs to taxpayers has melted away with news that White House are already looking for creative ways to acquire bitcoin in a “budget neutral” way.
Bo Hines, the baffling choice of executive director for the White House’s “crypto advisory council” [I72, 74], sat for an interview in which he commented that “there’s a lot of high IQ people working on ... countless ideas” to ~~pump bitcoin prices to profit bitcoin holders~~ acquire additional bitcoins for the reserve, including “realizing the gains” on US gold reserves. Asked by the interviewer if he might consider selling some of the country’s gold reserves to swap them for bitcoin, Hines answered, “if it's budget neutral and doesn't cost a taxpayer a dime”.5
In the same interview, he commented that bitcoin “is different” from the other crypto assets like Ether, Ripple’s XRP, Solana, or Cardano’s ADA. “It’s unique. It’s a commodity, not a security.” Evidently, Hines has not been briefed that they’re not supposed to admit anymore that these other crypto assets are securities.5](https://inne.city/photo/preview/640/208101 "Any sense of relief that may have followed the March executive order’s stipulation that a “strategic bitcoin reserve” would not incur costs to taxpayers has melted away with news that White House are already looking for creative ways to acquire bitcoin in a “budget neutral” way.
Bo Hines, the baffling choice of executive director for the White House’s “crypto advisory council” [I72, 74], sat for an interview in which he commented that “there’s a lot of high IQ people working on ... countless ideas” to ~~pump bitcoin prices to profit bitcoin holders~~ acquire additional bitcoins for the reserve, including “realizing the gains” on US gold reserves. Asked by the interviewer if he might consider selling some of the country’s gold reserves to swap them for bitcoin, Hines answered, “if it's budget neutral and doesn't cost a taxpayer a dime”.5
In the same interview, he commented that bitcoin “is different” from the other crypto assets like Ether, Ripple’s XRP, Solana, or Cardano’s ADA. “It’s unique. It’s a commodity, not a security.” Evidently, Hines has not been briefed that they’re not supposed to admit anymore that these other crypto assets are securities.5")
Newsletter: As the US government lays a very favorable groundwork for the crypto industry, Trump positions himself for maximum personal profits. Meanwhile crypto companies write their own rules, and an adviser mulls swapping US gold reserves for bitcoin.
The Trump family has reportedly had conversations about acquiring a stake in Binance — as Binance founder and former CEO Changpeng Zhao is reportedly seeking a pardon from the president.
#crypto #cryptocurrency #USpolitics #USpol
Sadly, for now we remain in a very much not billionaire-proof world, so I will now update you on how that’s all been going.
Substantially all remaining enforcement cases from the SEC against cryptocurrency companies (and political megadonors) have been dropped, including the lingering cases against Ripple and Kraken I mentioned last issue.
#crypto #cryptocurrency #USpolitics #USpol
My conversation with @brianmerchant about “Speaking Truth to Crypto Power” at SXSW was one of the few crypto-related events. Crypto prices may be back up, but crypto excitement has not followed.
youtube.com/watch?v=WzqoukQoAo…
Speaking Truth to Crypto Power | SXSW 2025
Portuguese and Spanish language translations for SXSW 2025 Keynotes and Featured Sessions presented by ItaúAs the crypto industry amasses unprecedented wealt...YouTube
Newsletter: Crypto reserves: no public good, no principles
The formerly anti-government bitcoin movement abandons its principles in favor of number-go-up, applauds federal plan to stockpile seized crypto with no clear benefit to national interest
citationneeded.news/crypto-res…
#bitcoin #crypto #cryptocurrency #USpolitics #USpol
Crypto reserves: no public good, no principles
The formerly anti-establishment bitcoin movement abandons its principles in favor of number-go-up, applauds federal plan to stockpile seized crypto with no clear benefit to national interestMolly White (Citation Needed)
Tucker Carlson explicitly acknowledges the purpose of political megadonations
#crypto #cryptocurrency #USpol #USpolitics #SBF
![Tweet screenshot: Tucker Carlson
@TuckerCarlson
Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He joins us from prison for an update on his new life.
(0:00) What Has Prison Been Like?
(2:28) Was SBF Ever on Adderall?
(4:42) SBF Meeting Diddy in Prison
(7:01) How Prison Has Changed SBF’s Perspective
[begin highlight] (9:37) The Democrats Refused to Rescue SBF Despite His Large Donations [end highlight]
(15:24) The Future of Crypto Under Donald Trump
(21:17) Does SBF Have Any Money Left?
(24:42) Tucker Confronts SBF About His Effective Altruism Cult
(31:13) Will SBF Ever Actually Get Out of Prison?
(36:41) Why All of SBF’s Friends, Family, and Co-Workers Abandoned Him
Includes paid partnerships.](https://inne.city/photo/preview/640/131728 "Tweet screenshot: Tucker Carlson
@TuckerCarlson
Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He joins us from prison for an update on his new life.
(0:00) What Has Prison Been Like?
(2:28) Was SBF Ever on Adderall?
(4:42) SBF Meeting Diddy in Prison
(7:01) How Prison Has Changed SBF’s Perspective
[begin highlight] (9:37) The Democrats Refused to Rescue SBF Despite His Large Donations [end highlight]
(15:24) The Future of Crypto Under Donald Trump
(21:17) Does SBF Have Any Money Left?
(24:42) Tucker Confronts SBF About His Effective Altruism Cult
(31:13) Will SBF Ever Actually Get Out of Prison?
(36:41) Why All of SBF’s Friends, Family, and Co-Workers Abandoned Him
Includes paid partnerships.")