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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.
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.

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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


A case against Consensys, the makers of the MetaMask crypto wallet, will be dropped shortly by the agency, according to the company.25 Consensys contributed $800,000 to crypto-focused super PACs.

Simultaneously, ongoing investigations of companies including Gemini, OpenSea, Robinhood, and Uniswap have been dropped, despite the agency previously having sent Wells notices signaling impending enforcement action. Gemini’s Winklevoss twins contributed $4.9 million to crypto-focused super PACs and $2.6 million to Trump directly; Robinhood contributed $2 million to Trump’s inauguration fund.
A case against Consensys, the makers of the MetaMask crypto wallet, will be dropped shortly by the agency, according to the company.25 Consensys contributed $800,000 to crypto-focused super PACs. Simultaneously, ongoing investigations of companies including Gemini, OpenSea, Robinhood, and Uniswap have been dropped, despite the agency previously having sent Wells notices signaling impending enforcement action. Gemini’s Winklevoss twins contributed $4.9 million to crypto-focused super PACs and $2.6 million to Trump directly; Robinhood contributed $2 million to Trump’s inauguration fund.
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
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

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Update. "The National Archives is nonpartisan but has found itself targeted by Trump."
https://apnews.com/article/trump-national-archives-firings-layoffs-historical-recordkeeping-559027fdd2f634263bea7774a78d66fe

"The president didn’t give a public reason for firing archivist Colleen Shogan, but he has long held a grudge against the agency for notifying the Justice Department of his alleged mishandling of classified documents after he left office following his first term…A Trump-aligned archivist might also be less inclined to enforce the Presidential Records Act or ask questions if Trump leaves office with troves of classified documents, said Norm Eisen, executive chair of the State Democracy Defenders Fund."

#Censorship#DefendResearch #NARA#Takedowns #Trump#USPol#USPolitics

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Update. "Will They Come for PubMed Next?"
https://www.medpagetoday.com/opinion/second-opinions/114383

"PubMed is the backbone of biomedical research in the U.S. That's not an exaggeration…However, there are reasons to be extremely concerned about its continued existence…There are [at least five] ways the administration could interfere with PubMed."

PS: Although the author mixes up #PubMed and #PubMedCentral, her concerns apply to both.

#Censorship#DefendResearch#Medicine#Takedowns #Trump#USPol#USPolitics

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Update. "The Rise (and Fall?) of the National Science Foundation"
https://www.chronicle.com/article/the-rise-and-fall-of-the-national-science-foundation
( #paywalled)

"The #Trump administration’s assault on the #NSF represents precisely the kind of political interference [#VannevarBush] sought to prevent — one that threatens not only scientific progress but also the very foundation of academic freedom."

#Censorship#DefendResearch#Takedowns#USPol#USPolitics

Update. A new editorial in Nature: "Trump 2.0: an assault on science anywhere is an assault on science everywhere."
https://www.nature.com/articles/d41586-025-00562-w

"How, then, should those of us who are part of the global enterprise of education, health, science and engineering respond? One priority must be to denounce these actions, to shout about their negative effects, to support researchers and to defend their ability to work and study without fear for their jobs. Understandably, those working at — or even leading — federal agencies might feel that they cannot speak up, but researchers at other organizations, such as universities, scientific societies, businesses, labour unions and campaign groups have more freedom, and must exercise it by showing support for affected colleagues."

#Censorship#DefendResearch#Takedowns #Trump#USPol#USPolitics

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Update. Reminder from #Trump's first term (2017): Trump’s budget director pick: “Do we really need government-funded research at all”
https://www.vox.com/science-and-health/2016/12/21/14012552/trump-budget-director-research-science-mulvaney

"President Donald #Trump recently picked Rep. Mick #Mulvaney…to head the White House’s Office of Management and Budget [#OMB]…In a stunning September 9 Facebook post (that’s since been deleted but is still cached), Mulvaney asked, '... what might be the best question: do we really need government funded research at all.'"

#DefendResearch#Funding#USPol#USPolitics

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Update. "Déclaration visant à défendre la recherche contre la censure du gouvernement américain"
https://www.redactionmedicale.fr/2025/02/declaration-visant-a-defendre-la-recherche-contre-la-censure-du-gouvernement-americain

Thanks to Herve Maisonneuve for his French translation of the key recommendations of the Feb 13 Declaration To Defend Research Against U.S. Government Censorship. He adds this good conclusion: "We are free to consider that these initiatives are useless… but [signing them] allows us to support colleagues who cannot express themselves in public."

#DefendResearch #Trump#USPol#USPolitics

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Update. Thanks to @georgetown for making this public statement.
https://president.georgetown.edu/messages/what-we-stand-for-feb-2025/

"I know that the rapidly evolving external environment is unsettling to many in the community. Some of us have received directives to stop our research activities; some of our students have had job offerings rescinded; some have read repeated external communications that question the value of their work…We promote scholarship freely based on inquiring minds…We do not conduct these activities alongside our mission; they are the essence of our mission…Be assured that we are actively tracking all developments as they occur, assessing whether they affect our mission’s work, quickly partnering with those community members affected, and supporting them as they navigate change."

#Censorship#DefendResearch #Trump#Universities#USPol#USPolitics

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Update. A new editorial in Nature: "Trump 2.0: an assault on science anywhere is an assault on science everywhere."
https://www.nature.com/articles/d41586-025-00562-w

"How, then, should those of us who are part of the global enterprise of education, health, science and engineering respond? One priority must be to denounce these actions, to shout about their negative effects, to support researchers and to defend their ability to work and study without fear for their jobs. Understandably, those working at — or even leading — federal agencies might feel that they cannot speak up, but researchers at other organizations, such as universities, scientific societies, businesses, labour unions and campaign groups have more freedom, and must exercise it by showing support for affected colleagues."

#Censorship#DefendResearch#Takedowns #Trump#USPol#USPolitics

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@realNews #USpol#Media should all send 1 representative and redirect their reporters to doing REAL #journalism They should refuse to air any video of said briefing. The news media needs to start doing their job.

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@georgetakei Orange wannabe-Caesar at least.

Something the Founders would've shown him the middle finger for:

"...
But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
..."
— Preamble to the United States Declaration of Independence, July 4, 1776 —

#WeThePeople#DefendTheConstitution#RaiseYourVoice#YourVoiceMatters#Freedom#Justice#Diversity#Equality#Inclusion#Democracy#NationalSecurity #UnitedInDiversity#StrongerTogether#USPol#USPolitics#ImpeachTrump#ImpeachTrumpAppointees#ExpelMusk

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@georgetakei At least Neville Chamberlain knew he was dealing with an enemy. #uspol

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@georgetakei Sitting down for talks with the initiator of a war of aggression like Adolf Hitler is as promising & revealing as shooting your leg & hoping to not start bleeding.

Putin's invasion & devastation of Ukraine is not his first aggression, and it won't be his last unless he's impressively & lastingly stopped.

Agent Trump's meeting with his commander Putin won't be but a show of the servant reporting to his master - all he can remember...

#USPol#Trump#BetrayingAmerica#Treason#Espionage#Psychopathy#Dementia

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If you know of or are involved with an organization that helps people in a way that the #TrumpAdministration doesn't approve of, and the org is worried about continuing to do their work while protecting their employees, volunteers, and clients, I am happy to meet for free with the org to work through with them what their threat model is and how they can improve their security posture. They can reach out to me on Signal at jik.87. Please boostRequest for reach.
#politics#USPol #resist

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@georgetakei The more insidious part of this bill is that it authorizes the president to enter negotiations to acquire Greenland.

https://www.congress.gov/bill/119th-congress/house-bill/1161/all-info

CC: @repthompson As an American, I am embarrassed by this bill. As a human, am offended.

#RedWhiteAndBlueActOf2025 #Greenland#Colonialism#LateStageCapitalism#USPol

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@georgetakei

Honestly every goddam major company and investor in the US has a lot at stake in the protection of the rule of law in this country. (With the exception of the South African madman who has grabbed control of the White House.)

They'd better start working their lobbyists and wholly owned Republican Senators to stop this. They can. Hey guys. Tell them to bounce Kash Patel. That would be a warning.

#uspol#MuskCoup#CorporateAmericaCanStopTheCoup