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@mattblaze yes, this is coming from the senator with some of the largest support from #crypto - you know, the people burning coal to obfuscate, unmask, and then pretend to own valuable collections of rare integers.
The crypto industry wants favorable policy, and it certain helps with the Trump family is making big bucks from it.
On #TechWontSaveUs, I spoke with @molly0xfff to discuss how the AI industry is trying to replicate how crypto bought political influence.
Listen to the full episode: https://techwontsave.us/episode/336_the_ai_industry_is_spending_big_on_the_us_midterms_w_molly_white
#tech #politics #donaldtrump #artificialintelligence #ai #crypto
Shufflecake talk at CAW 2026 last May - video now available online!
https://clip.place/w/d7Anz5jbsMCZo1HBg8JkES
https://www.youtube.com/watch?v=21LjKFBIwwY
#shufflecake #caw #eurocrypt #eurocrypt2026 #cryptography #crypto #truecrypt #veracrypt #security #Privacy #infosec #hacktivism #censorship
fascinating economic discovery from Fidelity: houses actually are cheaper now than in 2020!*
* if you denominate them in an arbitrary asset that has appreciated over that time frame
next up from Fidelity: groceries aren't getting more expensive!**
** if you denominate their price in World of Warcraft gold
I haven't seen The Hill publish this much negative coverage of Trump since...forever.
Wes Moore: There is ‘something fundamentally wrong’ with Trump making $1B in crypto money
https://thehill.com/homenews/administration/5954124-maryland-gov-trump-crypto-profits/
…Since arriving at the White House, #Trump & appointees have curtailed #regulatory #oversight of the industry,
including policies related to #memecoins.
…Despite the cratering prices, Trump has faced few consequences from his ventures, because federal regulators have largely abandoned #crypto enforcement.
…the #SEC announced in February 2025 that it will no longer scrutinize #memecoin deals.
…Nicholas Pinto is among the losers. A frequent #crypto trader who voted for #Trump in 2024, Mr. Pinto said he invested a total of roughly $500,000 in the $TRUMP coin, & has now lost about half that investment.
“He is leveraging the power of being president to launch currencies, when he seems trustworthy in the public’s eye,” Mr. Pinto said in an interview. “It is kind of incredible. It is almost a legal scam.”
The firm’s assessment was calculated this week after #Trump signed an annual financial disclosure showing that he walked away with a $636 million payout on the same #crypto bet, part of a haul of at least $2.2 billion from all of his business ventures in 2025.
The odds were always in his favor. Trump profited whether the price went up or down. He collected returns whenever anyone traded the tokens, as he repeatedly pushed his followers to do, using Truth Social [& the presidency] to promote it.
An up-to-date tally of #Trump followers turned #crypto #investors is in. And for them, the overall results are remarkably bad.
Nearly 1 million people who bought Trump’s #memecoin have lost money through the end of June, according to a report by the #cryptocurrency analytics firm Nansen. Their losses total $3.81 billion.
Nearly a Million #Investors Lost a Total of $3.8 Billion on #Trump #Crypto Coin
[while he made $1.6 billion off his scams]
A report from a #cryptocurrency analytics firm details how those who bought the Trump #memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
#scam #ThiefInChief
https://www.nytimes.com/2026/07/04/us/politics/trump-coin-crypto-investors-loss.html?smid=nytcore-ios-share
❝ The 927-page document released on Tuesday by the US Office of Government #Ethics sets out a dizzying array of income – not only from golf courses and Trump-branded bibles, but also from #crypto, which he has relentlessly promoted, and lucrative overseas deals. Tribute flows from foreign nations. On Wednesday he took his first flight on the Boeing 747 gifted by #Qatar.❞
The Guardian view on Trump’s wealth and power: a medieval court wreaks havoc in the 21st century https://www.theguardian.com/commentisfree/2026/jul/01/the-guardian-view-on-trumps-wealth-and-power-a-medieval-court-wreaks-havoc-in-the-21st-century
The disclosure gives little insight into where the money is coming FROM. That some of Trump’s income comes from figures like Justin Sun or the United Arab Emirates (who later reaped benefits) is not disclosed in the filing, but known only thanks to outside reporting or self-disclosure by investors.
And Trump’s sons, who are heavily involved in the crypto sector and run some of Trump’s businesses, are not required to file disclosures. This is because they have no formal position in the White House, despite regularly meeting with high-level officials to discuss business and policy.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
The White House insists that there’s no conflict of interest, even as Trump brings in hundreds of millions from foreign nations seeking (and receiving) favorable policy outcomes, crypto firms looking for regulatory relief, and a tokens launched under the eyes of Trump loyalist regulators.
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
Trump’s most recent financial disclosure reveals more than $1.4 billion in income from his crypto-related ventures alone, and even that’s an incomplete picture.
https://www.citationneeded.news/trumps-crypto-disclosure/
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
The 2025 disclosure includes $635 million in royalties from a license agreement with #CelebrationCoins; at least $525 million in proceeds from token sales by #WorldLibertyFinancial, a #crypto project founded by #Trump & sons; $65 million in proceeds from World Liberty Financial’s equity sale; & $196 million in net proceeds from a stablecoin transaction.
#law #AbuseOfPower #MafiaState #corruption #kleptocracy #emoluments #MoneyLaundering #crime
In his 2024 financial disclosure, filed a year ago, #Trump reported earning >$600 million in total income.
In addition to the income from #coin sales & other ventures, Trump reported receiving $86.5 million from “ #settlements “ in 5 separate [& pure #extortion] lawsuits against #ABC, #CBS, #YouTube, #Meta & #X.
#law #AbuseOfPower #MafiaState #corruption #kleptocracy #emoluments #crypto #MoneyLaundering #crime
So much for the foreign & domestic #emoluments clauses…
#Trump reported >$1.4 billion in income from #crypto, digital #tokens & related partnerships in 2025, appearing to have SUBSTANTIALLY increased his income after reentering the White House last year.
The income was reported in 927 pages of financial disclosure forms, which the #WhiteHouse released Tuesday.
#law #AbuseOfPower #MafiaState #corruption #kleptocracy
https://www.washingtonpost.com/politics/2026/06/30/trump-earned-over-1-billion-cryptocurrency-coin-ventures-last-year/
I've been running Follow the Crypto since 2024. Today I'm relaunching it as Tech Influence Watch, expanded to cover AI political spending alongside crypto. They’ve spent more than $400 million this election cycle, and now you can follow it in close to real time.
https://influence.citationneeded.news/
Here’s the full story behind the Tech Influence Watch launch, including what I found while building it and why it matters now: https://www.citationneeded.news/tech-influence-watch/
#crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #CitationNeededNewsletter
Featured story, from Candice Bernd: The drought-stricken City of Corpus Christi is withholding how much #water a controversial #cryptocurrency mine is siphoning away from surrounding residents. https://www.texasobserver.org/corpus-christi-cryptomine-water-usage-secret/
#bitcoin #crypto #tech #drought #GulfCoast #Texas #news #journalism
Newsletter: The crypto industry spent the spring buying primaries, an octagon at the White House, and — they hope — a market-structure bill by the Fourth of July.
Apps for encryption, comms, Usenet, remailers ...
Ch1ffr3punk: https://github.com/Ch1ffr3punk
The owner is a denizen of the OG #Usenet scene.
#cypherpunk #cryptography #crypto #encryption #privacy #github #freesoftware
@cypherpunk@soc.octade.net @cryptography@soc.octade.net @usenet@soc.octade.net