2023-11-25


Horseshit


Crypto con games

  • The Bond villain compliance strategy

    (Someone needs to write an East Asian studies paper on how Tokyo became Switzerland for Asian crypto enthusiasts due to a combination of governance, network connectivity, latency, and geopolitical risk. I nominate anyone other than me.)

    ... We know it was a lie, because (among many other reasons) we have the chat logs where the parts of their criminal conspiracy that operated in the U.S. complain that the parts of their criminal conspiracy that operated in Shanghai kept information from them that they needed to do their part to keep the crime operating smoothly. Coworkers, man.

    You might reasonably ask “Hey, doesn’t the U.S. typically require a warrant to go nosing about in the business of people who haven’t been accused of a crime?” And, to oversimplify half a century of jurisprudence, one loses one’s presumption of privacy if one brings a business into one’s private affairs. All of Binance’s customers and counterparties gave up their privacy to Binance by transacting with it. The U.S. has Binance’s permission to examine all of Binance’s historical, current, and future records, at will, for at least the next three years. It also secured a promise that Binance would assist in any investigation.

  • Sam Bankman-Fried didn't ask where the $8B went

Gubmint / Poilitcks / Law Making