2024-12-05

cybernetic socialism, UnitedHealth CEO assassinated, Amazon sub Prime, Isaacman for NASA, FBI urges encrypting calls, French government falls, Korea drama, can we do what asteroids cant?


Horseshit


Rank Propaganda / Thought Policing / World Disordering

Bluesky

Religion / Tribal / Culture War and Re-Segregation

Crypto con games

  • Celsius Founder And Former CEO Alexander Mashinsky Pleads Guilty To Multi-Billion Dollar Fraud And Market Manipulation Schemes

    pled guilty to one count of committing commodities fraud and one count of committing securities fraud in connection with two fraudulent schemes at Celsius, the purported “bank” of the crypto industry. In the first scheme, MASHINSKY misled Celsius’s customers about core aspects of the company he founded, including Celsius’s success and profitability and the nature of the investments Celsius made using customer funds. In the second scheme, MASHINSKY illicitly manipulated the price of CEL, Celsius’s proprietary crypto token, while he was secretly selling his own CEL token at artificially inflated prices. As part of his plea, MASHINSKY has agreed to forfeit over $48 million in proceeds from his illegal schemes. MASHINSKY pled guilty today before U.S. District Judge John G. Koeltl.

  • Binance accused of tax evasion by India's finance department

Economicon / Business / Finance

Gubmint / Poilitcks / Law Making

Left Angst

  • Private Funds Could Hurt Americans Under Trump

  • Musk and Ramaswamy Are Making a Big Mistake - The Atlantic

    They want to blame the bureaucrats, but they’re going to need those very same bureaucrats if they want to get anything done. Musk and Ramaswamy smell the same crap that I do. But I fear they’ve got a bad mental model about what’s wrong. They think we’ve got too many civil servants—their equivalent of the garbage disposal. They aren’t paying nearly enough attention to the clogs in the drainpipe, including the finicky legal and procedural rules that will predictably frustrate their reform efforts. Unless they change what they’re up to, I doubt they’ll make much progress. In Musk and Ramaswamy’s telling, the chief problem with the administrative state is that it’s full of unelected mandarins who force their diktats down the throats of a reluctant public. Worse, those bureaucrats often act without legal authority from Congress. They adopt regulation upon regulation without regard to their costs, blithely unconcerned about the drag they’re placing on the economy.

  • Why did Silicon Valley turn right?

South Korea