Molly White
Molly White  ·  6 days ago

Content Warning

Ongoing cases and investigations from the SEC against crypto firms have been paused or dropped. A few remain, but not likely for long.

#crypto #cryptocurrency#USpolitics#USpol

Table: Target Outcome Political contributions Coinbase Case dismissed with prejudice $75 million to crypto-focused super PACs $1 million to Senate super PACs $1 million to Trump’s inauguration fund $300,000 to the Democratic National Convention Justin Sun and Tron Case stayed as parties explore resolution $75 million purchase of Trump-affiliated WLFI tokens Binance Case stayed as parties explore resolution Gemini Investigation dropped Ongoing enforcement case status unclear $4.9 million to crypto-focused super PACs $2.6 million to Trump Consensys Consensys says SEC has agreed to drop the case $800,000 to crypto-focused super PACs OpenSea OpenSea says SEC has closed their investigation Robinhood Robinhood says SEC has closed their investigation $2 million to Trump’s inauguration fund Kraken No announcements with respect to ongoing SEC case Relaunched staking services which were shut down as part of a February 2023 SEC settlement $1 million to Trump $1 million to Trump’s inauguration fund $1 million to crypto-focused super PACs Circle January 2024 IPO still under review $1 million to crypto-focused super PACs $1 million to Trump’s inauguration fund Ripple No announcements with respect to ongoing SEC case $48 million to crypto-focused super PACs $12.6 million to Harris $5 million to Trump’s inauguration fund $3 million to the Democratic National Convention ~$1 million to House and Senate Democrat super PACs
Table: Target Outcome Political contributions Coinbase Case dismissed with prejudice $75 million to crypto-focused super PACs $1 million to Senate super PACs $1 million to Trump’s inauguration fund $300,000 to the Democratic National Convention Justin Sun and Tron Case stayed as parties explore resolution $75 million purchase of Trump-affiliated WLFI tokens Binance Case stayed as parties explore resolution Gemini Investigation dropped Ongoing enforcement case status unclear $4.9 million to crypto-focused super PACs $2.6 million to Trump Consensys Consensys says SEC has agreed to drop the case $800,000 to crypto-focused super PACs OpenSea OpenSea says SEC has closed their investigation Robinhood Robinhood says SEC has closed their investigation $2 million to Trump’s inauguration fund Kraken No announcements with respect to ongoing SEC case Relaunched staking services which were shut down as part of a February 2023 SEC settlement $1 million to Trump $1 million to Trump’s inauguration fund $1 million to crypto-focused super PACs Circle January 2024 IPO still under review $1 million to crypto-focused super PACs $1 million to Trump’s inauguration fund Ripple No announcements with respect to ongoing SEC case $48 million to crypto-focused super PACs $12.6 million to Harris $5 million to Trump’s inauguration fund $3 million to the Democratic National Convention ~$1 million to House and Senate Democrat super PACs
Table: Target Outcome Political contributions Coinbase Case dismissed with prejudice $75 million to crypto-focused super PACs $1 million to Senate super PACs $1 million to Trump’s inauguration fund $300,000 to the Democratic National Convention Justin Sun and Tron Case stayed as parties explore resolution $75 million purchase of Trump-affiliated WLFI tokens Binance Case stayed as parties explore resolution Gemini Investigation dropped Ongoing enforcement case status unclear $4.9 million to crypto-focused super PACs $2.6 million to Trump Consensys Consensys says SEC has agreed to drop the case $800,000 to crypto-focused super PACs OpenSea OpenSea says SEC has closed their investigation Robinhood Robinhood says SEC has closed their investigation $2 million to Trump’s inauguration fund Kraken No announcements with respect to ongoing SEC case Relaunched staking services which were shut down as part of a February 2023 SEC settlement $1 million to Trump $1 million to Trump’s inauguration fund $1 million to crypto-focused super PACs Circle January 2024 IPO still under review $1 million to crypto-focused super PACs $1 million to Trump’s inauguration fund Ripple No announcements with respect to ongoing SEC case $48 million to crypto-focused super PACs $12.6 million to Harris $5 million to Trump’s inauguration fund $3 million to the Democratic National Convention ~$1 million to House and Senate Democrat super PACs
Molly White
Molly White  ·  6 days ago

Content Warning

Sam Bankman-Fried has managed to pop his head back up, despite his 25-year prison sentence. The former Democratic megadonor is now making Trumpian claims that he was targeted by a “politicized DOJ” under Biden, clearly angling for a pardon.

#crypto #cryptocurrency#USpolitics#USpol

Although he’s currently in prison, Sam Bankman-Fried has managed to resurface. Not long after rumors emerged that his parents were investigating the possibility of securing a pardon for their son [I76], Bankman-Fried gave a jailhouse interview to the New York Sun. Bankman-Fried, a Biden megadonor who was second only to George Soros in political contributions to the Democratic party in 2021–22, now claims he too is a victim of the Biden-led “prosecutorial abuse” and “politicization of the DOJ” that Trump has alleged for years. Why would they target him? Because, he says, they learned he was “giving to” and “working with” Republicans and conservatives more than was previously known.34 In the interview, he also gave an approving nod to Elon Musk’s “chainsaw” approach to government cuts — something he would extrapolate upon in a 10-tweet long thread posted a few days later, where he apparently felt the need to make his return to Twitter in order to give his thought leader-style take on widespread firings of federal employees.35c The sudden about-face is a rather transparent and groveling attempt to suck up to Trump, but it’s not terribly surprising that Bankman-Fried’s once claimed strongly held moral beliefs have wilted in the face of the possibility of 25 long years in prison.
Although he’s currently in prison, Sam Bankman-Fried has managed to resurface. Not long after rumors emerged that his parents were investigating the possibility of securing a pardon for their son [I76], Bankman-Fried gave a jailhouse interview to the New York Sun. Bankman-Fried, a Biden megadonor who was second only to George Soros in political contributions to the Democratic party in 2021–22, now claims he too is a victim of the Biden-led “prosecutorial abuse” and “politicization of the DOJ” that Trump has alleged for years. Why would they target him? Because, he says, they learned he was “giving to” and “working with” Republicans and conservatives more than was previously known.34 In the interview, he also gave an approving nod to Elon Musk’s “chainsaw” approach to government cuts — something he would extrapolate upon in a 10-tweet long thread posted a few days later, where he apparently felt the need to make his return to Twitter in order to give his thought leader-style take on widespread firings of federal employees.35c The sudden about-face is a rather transparent and groveling attempt to suck up to Trump, but it’s not terribly surprising that Bankman-Fried’s once claimed strongly held moral beliefs have wilted in the face of the possibility of 25 long years in prison.
Although he’s currently in prison, Sam Bankman-Fried has managed to resurface. Not long after rumors emerged that his parents were investigating the possibility of securing a pardon for their son [I76], Bankman-Fried gave a jailhouse interview to the New York Sun. Bankman-Fried, a Biden megadonor who was second only to George Soros in political contributions to the Democratic party in 2021–22, now claims he too is a victim of the Biden-led “prosecutorial abuse” and “politicization of the DOJ” that Trump has alleged for years. Why would they target him? Because, he says, they learned he was “giving to” and “working with” Republicans and conservatives more than was previously known.34 In the interview, he also gave an approving nod to Elon Musk’s “chainsaw” approach to government cuts — something he would extrapolate upon in a 10-tweet long thread posted a few days later, where he apparently felt the need to make his return to Twitter in order to give his thought leader-style take on widespread firings of federal employees.35c The sudden about-face is a rather transparent and groveling attempt to suck up to Trump, but it’s not terribly surprising that Bankman-Fried’s once claimed strongly held moral beliefs have wilted in the face of the possibility of 25 long years in prison.
  • Activities
  • Search
  • Direct Messages
  • Notifications
  • Profile
  • Groups
    • ["Sorry, a condition didn't have any `case` matching the data it was expecting", "nil"]