40 Burst results for "Attorney"
CoinDesk Podcast Network
A highlight from UNCHAINED: Heres How Sam Bankman-Frieds High-Stakes Trial Could Play Out
"Arbitrum's leading layer two scaling solution offers you ultra cheap and lightning fast transactions, all with security rooted on Ethereum. Visit arbitrum .io today. Toku makes implementing global token compensation and incentive awards simple. With Toku, you get unmatched legal and tax tech support to grant and administer your global team's tokens. Make it simple today with Toku. Today's guest is Nick Day, Coindesk's managing editor for global policy and regulation. Welcome, Nick. Thanks for having me. The trial for former FTX CEO Sam Bankman -Fried starts next Tuesday, October 3rd. There's been a lot happening pre -trial. For instance, Sam has requested release from jail multiple times and repeatedly been denied, including as recently as Thursday morning. My personal thought was that it seemed like all these requests that the defense was putting in at this critical juncture right before the trial was supposed to begin was maybe not the best use of their time, but that's just my personal opinion. I'm not a lawyer. Why do you think they made this such a point of focus in the last few days? Yeah. So I'm actually coming, you know, I was in the courthouse just a few hours ago where this very issue was brought up and the, you know, defense's arguments were, well, the first time we asked it was for pre -trial release. You know, this was right after Bankman -Fried was remanded into custody in mid -August. The second time was, you know, they were asking an appeals court to overrule the judge's decision to remand him and they lost that as well. In court today, the defense said, well, you know, now we want to ask for during trial, which is why we waited until this week to make that request. And they say that they want to, you know, the circumstances are different. They're not asking for Bankman -Fried to be released from jail in the weeks leading up to trial. Now they're saying, well, you know, during the trial, we're going to have to talk to him and check with him about defense witness testimony and cross -examination and things like that. So that's why we're making this request. And the judge didn't really find that compelling. And why do you think the judge has stuck to this position of keeping Bankman -Fried in jail? So in the judge's words, there's a couple of different reasons. One being that Bankman -Fried has had ample time to look at the defense materials. You know, one of the arguments was there are something like 1300 exhibits expected over the course of the trial. And the judge asked today, you know, were these all prepared and shared with you before, I think he said September 8th, so earlier this month. And the defense, they said, yes, we've seen all of this. We've had access to all of this. Bankman -Fried was out on bail for about seven and a half months. And so the judge's argument is, well, he's had time to look at this. You know, there's no surprises here. And he said that the defense has the chance to talk with Bankman -Fried in the Metropolitan Detention Center where he's currently being housed weekends during days that there are no trials. So, you know, the trial is not every weekday. It's going to be most weekdays. And he said, you know, you have the time, you have the opportunity, you are able to talk to your client. You're not really losing a whole lot. But he added kind of a, you know, made this ruling where Bankman -Fried will even be presented to the courthouse early on trial days where there's certain witness testimony that has to be discussed and let the attorneys just talk to him before the trial begins on those days. So he's saying basically, you know, you have opportunities to talk to your client and I'm going to give you more time to do so, but I'm not going to let Bankman -Fried out of jail. So the main focus next week as the trial begins will be jury selection. Tell us what you think that process will be like. It definitely will be interesting. I think it's probably going to be very boring from just kind of an observer perspective because it's a long process and we're going to be just sitting there watching this judge ask each individual, have you heard of FTX? Have you heard of Bankman -Fried? What do you think about cryptocurrencies? But it's going to be very interesting because this is the part where we're really going to get a sense of, okay, you know, these are the 12 or so people who are going to determine whether or not Bankman -Fried spends the next, you know, 10 to 20 years of his life behind bars and so I'm expecting to see maybe as mixed selection. I think if you pluck a random group of New Yorkers off the streets, some of them may have heard of cryptocurrency. Most of them probably will not have and they're going to be tasked with deciding whether or not one of the biggest figures in crypto committed fraud on the way up and on the way down. Something that was interesting to me was the prosecution said that they expected jury selection to take the better part of a day. I've seen some legal opinions that it will take longer than that. What do you think could potentially happen there and why do you think some analysts are saying that it would take longer? Yeah, no, I've spoken to a number of lawyers as well ahead of the trial, you know, where at Coindes we're trying to do a lot of kind of preview coverage, basically saying here's how it might go down. Everyone I spoke to said it will probably take a couple days. Part of that is because this is a fairly notorious case. A lot of people will have heard about Bankman -Fried and presumably formed some kind of opinion that would, you know, disqualify them from being a juror on the trial. I'm not sure where the DOJ is getting their estimate from. It's very possible that, you know, through the questionnaires that the jury pool is sent through the, you know, the kind of the mass selection process or deselection process that the judge engages in. Maybe that streamlines a big part of it by kind of, you know, reducing or like immediately filtering out the people who are most blatantly, you know, either knowledgeable or biased or otherwise have their own preformed viewpoints about the case. And so the jury selection might just be focused on, you know, those individuals who have made it through those initial filtering processes. But that's speculation on my part. I honestly am not sure if it is a better part of the day that we could see opening statements as soon as next Wednesday, October 4th, which would be a pretty rapid start to the trial. And Coindesk did some work to try to suss out what it is that Lower Manhattan New Yorkers might say if they were randomly picked for a jury. What did you discover there? Yeah, no. So Coindesk's Dylan and Victor went to Manhattan, downtown Manhattan to the financial district, and literally just went up to people and said, hey, we're with Coindesk. Have you heard of FTX? Have you heard of Sam Bankman Fried? And a fairly large part of this group just hadn't heard about it. You know, they weren't familiar with it. They weren't comfortable talking about crypto. They weren't familiar with crypto. And of those who were, you know, I think they found a fairly even mix. There were some individuals who had heard about Bankman Fried, some individuals who had only heard about crypto, some individuals who were very knowledgeable. They actually found a, you know, a Yahoo anchor who was the most knowledgeable about it, naturally, as you know, a reporter covering the financial space. But they also found people who were looking for jobs in crypto, people who were investors in the space. By and large, it seems to, you know, a lot of the people they spoke to just weren't interested or talking, interested in talking about crypto or in, you know, being part of this, being part of crypto. So if that is a representative sample of who we'll see next week at the jury pool, it'll be interesting because we'll see a large, potentially large, jury pool of people who aren't familiar with crypto. Again, on one of the biggest, you know, bang in on one of the biggest figures in the space. Recently, the defense proposed certain questions that it would ask the jurors and the government said that they felt these were quote unquote intrusive. What were some of the questions that were proposed and what was the government's response? Yeah. So, you know, the background here is both the DOJ and the defense team filed their proposed jury questions to help filter potential jurors. The defense team in particular had a number of questions about, you know, how these potential jurors felt about things like effective altruism, about political donations, about ADHD and people who have ADHD. And the DOJ response was really, you know, they felt that some of these questions, for example, about effective altruism and about political donations seemed kind of primed to or designed to prime the potential jurors to think, oh, well, Bankman Fried was trying to do all of this in service of this effective altruism philosophy. Therefore, he was trying to raise money to donate to better the world or designed to try and prime the jury to think, okay, well, you know, political donations is fine. So these allegations about breaking the law in the way he tried to donate funds maybe is, you know, overreach or whatever. And then the intrusive part, you know, treating just kind of this question of ADHD and whether or not people were, you know, involved with individuals who had it or the DOJ just felt that these questions were really designed to try and shape how the jury would see Bankman Fried as opposed to just kind of gauge their existing biases. And so the DOJ opposed these questions. And I think we're still waiting to see for sure if there's any public response on the judge prior to jury selection on Tuesday. All right. So in a moment, we're going to talk about different legal strategies that the defense might pursue. But first, a quick word from the sponsors who make this show possible. Arbitrum stands at the forefront of innovation as the premier suite of Layer 2 scaling solutions, bringing you lightning fast transactions at a fraction of the cost, all with security rooted on Ethereum. From DeFi to gaming, Arbitrum 1 plus Nova is home to over 500 projects. And with the recent launch of Orbit, Arbitrum welcomes you to build your very own Taylor Layer 3 or an Orbit chain. Propel your project and community forward by visiting arbitrum .io today. Toku makes managing global token compensation and incentive awards simple. Are you designing your token compensation plan and grant templates with multiple law firms? Are you managing cliffs, vesting and taxable events in a spreadsheet? Are you distributing tokens to your team manually? With Toku, you get unmatched legal and tax tech support to grant and administer your global team's tokens. Easy to use token grant award templates, vesting tracking via online dashboard, tax withholding integration with payroll, automated distributions, great employee experience. Make it simple with Toku. Learn more at toku .com slash Unchained.
News, Traffic and Weather
Fresh "Attorney" from News, Traffic and Weather
"Streaming on your smart speaker. Your information station. Trying again to avert a federal government shutdown on late tomorrow night. House Speaker Kevin McCarthy offering the Senate a temporary spending bill with no add -ons. Nevada grand jury has indicted a man for the 1996 shooting death of the rapper Tupac Dwayne Kefi D. Davis as one of the last living witnesses to the drive -by shooting. Clark County District Attorney Steve Wolfson. When you combine all of the evidence, not just his statements, but there's a lot additional of evidence that corroborates his statements that convince you that he was directly involved. A surprise hearing and a surprise plea deal in the Georgia racketeering conspiracy case, accusing former President Trump and 18 others of interfering in the state's 2020 election. Pleading guilty to misdemeanors, Scott Hall, a bail bondsman who agrees to pay a fine, do community service, and testify against others. United Auto Workers Union expanding strikes against Detroit automakers in Chicago and Lansing, Michigan. Fox and ABC News. Newsradio 1000 FM 97 7 stay Stay informed. Good evening at 731. I'm Kelly Blyer and here are the top local stories. The U .S. Senate has lost one of its longest serving members. Diane Feinstein of California has died. More from West Northwest News radio's Jeff Hojalove getting her start in San Francisco politics. Feinstein was in the Senate for
The Dan Bongino Show
RedState: Hunter Team Used Threat of Joe Biden to Pressure, Coerce DOJ
"This is really bad. Here, Red State, Banshee. Hunter Biden team used It's the the threat of Joe Biden to pressure and coerce the DOJ. It's happening. This is why Biden's mad, not mad. They're targeting his kid. He's mad. They could be targeting him. He throw his kid under the bus in a what they say in the 80s in a jiffy. Remember the Brady Bunch? They would throw this guy under the bus tomorrow if it would make the political case against Joe Biden go away. Bank on it. Cash that check. Spend that money here. According to Politico, Politico, by the way, which is like to the left of the Communist Manifesto. According to Politico, which examined previously unknown communications between Hunter Biden's legal team and the DOJ. There was an actual threat issued to call Joe Biden as a witness if Weiss, the U .S. attorney, dared to charge the gun crime in question. OK, what goes on? Then he issued a warning if the Justice Department charged the president's son, his lawyers would put the president on the witness stand. President Biden now would be a fact witness fact witness for the defense in any criminal trial. There you go, folks. It's right there. Tell me Joe Biden loves his kid. He loves himself. He loves money. The gravy train dried up. Now he thinks he could find himself in jail if Hunter Biden flips on him. He'd throw this kid if he could.
WTOP 24 Hour News
Fresh "Attorney" from WTOP 24 Hour News
"To WTOP news. Now 10 -23 on WTOP. just This into the WTOP newsroom. Four people have died in a single car crash in Bowie. Prince George's County Fire and EMS called before 730 tonight to the 12 ,700 block of Woodmore Road where the crash happened. Police say for reasons they're now investigating the car went off the road and hit a tree. All four people in the car were pronounced dead at the scene. Woodmore Road between Pleasant Prospect and Waterford Mill Road is set to be closed while police investigate. Of course we're keeping you updated every 10 minutes on the crash here on WTOP. A dispute over toll increases in Northern Virginia now involves the state's Attorney General. He's telling WTOP tonight that he's against plans to
Unchained
A highlight from Heres How Sam Bankman-Frieds High-Stakes Trial Could Play Out - Ep 549
"Even though each of these charges, if you look at the DOJ press release says, oh, it contains a maximum sentence of 20 years or five years, whatever, it's not going to be consecutive. It'll be concurrent. So the estimate I'm getting from various attorneys that I've spoken to over the past few weeks is it'll probably be somewhere in the, you know, 10 to 20 year range. Hi everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, Laura Shin, author of The Cryptopians. I started covering crypto eight years ago, and as a senior editor at Forbes was the first mainstream media reporter to cover cryptocurrency full time. This is the September 29th, 2023 episode of Unchained. Thinking of launching your own stable coin? Start with the open source stable coin studio toolkit on Hedera. Start your journey at Hedera .com slash Unchained. Shape tomorrow today. With the crypto .com app, you can buy, trade and spend crypto in one place. Download and get $25 with the code Laura. Link in the description. Arbitrum's leading layer two scaling solution offers you ultra cheap and lightning fast transactions, all with security rooted on Ethereum. Visit arbitrum .io today. Toku makes implementing global token compensation and incentive awards simple. With Toku, you get unmatched legal and tax tech support to grant and administer your global team's tokens. Make it simple today with Toku. Today's guest is Nick Day, Coindesk's managing editor for global policy and regulation. Welcome, Nick. Thanks for having me. The trial for former FTX CEO Sam Bankman -Fried starts next Tuesday, October 3rd. There's been a lot happening pre -trial. For instance, Sam has requested release from jail multiple times and repeatedly been denied, including as recently as Thursday morning. My personal thought was that it seemed like all these requests that the defense was putting in at this critical juncture right before the trial was supposed to begin was maybe not the best use of their time, but that's just my personal opinion. I'm not a lawyer. Why do you think they made this such a point of focus in the last few days? Yeah, so I'm actually coming, you know, I was in the courthouse just a few hours ago where this very issue was brought up and the defense's arguments were, well, the first time we asked, it was for pre -trial release. You know, this was right after Bankman -Fried was remanded into custody in mid -August. The second time was, you know, they were asking the appeals court to overrule the judge's decision to remand him. And they lost that as well. In court today, the defense said, well, you know, now we want to ask for during trial, which is why we waited until this week to make that request. And they say that they want to, you know, the circumstances are different. They're not asking for Bankman -Fried to be released from jail in the weeks leading up to trial. Now they're saying, well, you know, during the trial, we're going to have to talk to him and check with him about defense witness testimony and cross -examination and things like that. So that's why we're making this request. And the judge didn't really find that compelling. And why do you think the judge has stuck to this position of keeping Bankman -Fried in jail? So in the judge's words, there's a couple of different reasons. One being that Bankman -Fried has had ample time to look at the defense materials. You know, one of the arguments was there are something like 1300 exhibits expected over the course of the trial. And the judge asked today, you know, were these all prepared and shared with you before, I think he said September 8th, so earlier this month. And the defense, they said, yes, we've seen all of this. We've had access to all of this. Bankman -Fried was out on bail for about seven and a half months. And so the judge's argument is, well, he's had time to look at this. You know, there's no surprises here. And he said that the defense has the chance to talk with Bankman -Fried in the Metropolitan Detention Center, where he's currently being housed weekends during days that there are no trials. So, you know, the trial is not every weekday. It's going to be most weekdays. And he said, you know, you have the time, you have the opportunity, you are able to talk to your client. You're not really losing a whole lot. But he added kind of a, you know, made this ruling where Bankman -Fried will even be presented to the courthouse early on trial days where there's certain witness testimony that has to be discussed and let the attorneys just talk to him before the trial begins on those days. So he's saying basically, you know, you have opportunities to talk to your client and I'm going to give you, you know, more time to do so, but I'm not going to let Bankman -Fried out of jail. So the main focus next week as the trial begins will be jury selection. Tell us what you think that process will be like. It definitely will be interesting. I think it's probably going to be very boring from just kind of an observer perspective because it's a long process and we're going to be just sitting there watching this judge ask each individual, you know, have you heard of FTX? Have you heard of Bankman -Fried? What do you think about cryptocurrencies? But it's going to be very interesting because this is the part where we're 12 or so people who are going to determine whether or not Bankman -Fried spends the next, you know, 10 to 20 years of his life behind bars. And so I'm expecting to see maybe as mixed selection. I think if you pluck a random group of New Yorkers off the streets, some of them may have heard of cryptocurrency, most of them probably will not have, and they're going to be tasked with deciding whether or not one of the biggest figures in crypto committed fraud on the way up and on the way down. Something that was interesting to me was the prosecution said that they expected jury selection to take the better part of a day. I've seen some legal opinions that it will take longer than that. What do you think could potentially happen there and why do you think some analysts are saying that it would take longer? Yeah, no, I've spoken to a number of lawyers as well ahead of the trial, you know, where at Coindes we're trying to do a lot of kind of preview coverage, basically saying here's how it might go down. Everyone I spoke to said it will probably take a couple of days. Part of that is because this is a fairly notorious case. A lot of people will have heard about Bankman Fried and presumably formed some kind of opinion that would, you know, disqualify them from being a juror on the trial. I'm not sure where the DOJ is getting their estimate from. It's very possible that, you know, through the questionnaires that the jury pool is sent through the, you know, the kind of the mass selection process or deselection process that the judge engages in, maybe that streamlines a big part of it by kind of, you know, reducing or like immediately filtering out the people who are most blatantly, you know, either knowledgeable or biased or otherwise have their own preformed viewpoints about the case. And so the jury selection might just be focused on, you know, those individuals who have made it through those initial filtering processes. But that's speculation on my part. I honestly am not sure if it is a better part of the day that we could see opening statements as soon as, you know, next Wednesday, October 4th, which would be a pretty rapid start to the trial. And Coindesk did some work to try to suss out what it is that lower Manhattan New Yorkers might say if they were randomly picked for a jury. What did you discover there? Yeah, no, so Coindesk's Dylan and Victor went to Manhattan, downtown Manhattan to the financial district, and literally just went up to people and said, hey, we're with Coindesk. Have you heard of FTX? Have you heard of Sam Bankman -Fried? And a fairly large part of this group just hadn't heard about it. You know, they weren't familiar with it. They weren't comfortable talking about crypto. They weren't familiar with crypto. And of those who were, you know, I think they found a fairly even mix. There were some individuals who had heard about Bankman -Fried, some individuals who had only heard about crypto, some individuals who were very knowledgeable. They actually found a, you know, a Yahoo anchor who was the most knowledgeable about it naturally as, you know, order covering the financial space. But they also found people who were looking for jobs in crypto, people who were investors in the space. By and large, it seems to, you know, a lot of the people they spoke to just weren't interested or talking, interested in talking about crypto or in, you know, being part of this, being part of crypto. So if that is a representative sample of who we'll see next week at the jury pool, it'll be interesting because we'll see a large, potentially large, jury pool of people who aren't familiar with crypto. Again, on one of the biggest, you know, bang in on one of the biggest figures in the space. Recently, the defense proposed certain questions that it would ask the jurors and the government said that they felt these were quote unquote intrusive. What were some of the questions that were proposed and what was the government's response? Yeah. So, you know, the background here is both the DOJ and the defense team filed their proposed jury questions to help filter potential jurors. The defense team in particular had a number of questions about, you know, how these potential jurors felt about things like effective altruism, about political donations, about ADHD and people who have ADHD. And the DOJ response was really, you know, they felt that some of these questions, for example, about effective altruism and about political donations seemed kind of primed to, or designed to prime the potential jurors to think, oh, well, Bankman Fried was trying to do all of this in service of this effective altruism philosophy. Therefore, he was trying to raise money to donate to better the world or designed to try and prime the jury to think, okay, well, you know, political donations is fine. So these allegations about breaking the law in the way he tried to donate funds maybe is, you know, overreach or whatever. And in the intrusive part, you know, treating just kind of this question of ADHD and whether or not people were, you know, involved with individuals who had it or the DOJ just felt that these questions were really designed to try and shape how the jury would see Bankman Fried as opposed to just kind of gauge their existing biases. And so the DOJ opposed these questions and I think we're still waiting to see for sure if there's any public response on the judge prior to jury selection on Tuesday. All right. So in a moment, we're going to talk about different legal strategies that the defense might pursue. But first, a quick word from the sponsors who make this show possible. Arbitrum stands at the forefront of innovation as the premier suite of Layer 2 scaling solutions, bringing you lightning fast transactions at a fraction of the cost, all with security rooted on Ethereum. From DeFi to gaming, Arbitrum 1 plus Nova is home to over 500 projects. And with the recent launch of Orbit, Arbitrum welcomes you to build your very own tailor -made Layer 3 or an Orbit chain. Propel your project and community forward by visiting arbitrum .io today. Toku makes managing global token compensation and incentive awards simple. Are you designing your token compensation plan and grant templates with multiple law firms? Are you managing cliffs, vesting and taxable events in a spreadsheet? Are you distributing tokens to your team manually? With Toku, you get unmatched legal and tax tech support to grant and administer your global team's easy -to -use token grant award templates, vesting tracking via online dashboard, tax withholding integration with payroll, automated distributions, great employee experience. Make it simple with Toku. Learn more at toku .com. Looking to venture into the world of stablecoins? Explore the open -source stablecoin studio toolkit on Hedera. Whether you're building the next big thing in Web3 or an enterprise banking and payment provider, Stablecoin Studio simplifies stablecoin issuance and management, keeping you at the forefront of on -chain finance. With seamless integration into commercial custody providers and KYC services and built -in proof of reserve functionality, Stablecoin Studio streamlines development and time to market. Harness the power of stablecoins by visiting hedera .com slash unchained. Back to my conversation with Nick. Recently, the defense did propose a number of witnesses, but the judge denied most of them. Who were these proposed witnesses and why were they denied? Yeah, so the DOJ and defense both had a number of proposed expert witnesses. The defense in particular had a number of individuals that they said could speak to everything from the terms of service that FTX operated under to the FTX software to just rebutting certain DOJ witnesses. The judge basically said he agreed with the DOJ in rejecting all of these proposed witnesses. There were seven. He did allow the defense to call for four of them later on, but they have to meet certain requirements and fill out certain disclosure forms first. A big part of the judge's reasoning was the witnesses had just not adequately explained what they wanted to testify about or what they would say, and so they didn't have or he didn't have enough information to allow them to testify, which was functionally the DOJ's argument as well. That being said, some of these proposed witnesses are intended to act as rebuttal witnesses to DOJ's witnesses. I know we're saying the word witnesses a lot, but that's what it comes down to is four of these witnesses could come back and respond to, you know, either FTX intercircle members who are testifying on behalf of the DOJ. One of the potential witnesses that the defense can call forward is someone who can speak to the actual technical software underlying the, you know, FTX program, again, in response to DOJ witnesses. The judge did completely ban, for example, a British barrister who was supposed to explain the FTX terms of service as well as someone who was supposed to speak to kind of the crypto industry at large, saying that, you know, those witnesses and that proposed testimony seemed a bit too far afield from what the case would be about and could probably do more to confuse the jury than to clarify anything. And SPF's team also wanted to block a proposed government witness that was also denied. Who was that and why did the judge deny that motion? The DOJ proposed a University of Notre Dame professor to testify about some forensic analysis he did on FTX financials. The defense objected. They said that this witness would basically just reiterate the DOJ's claims, the allegations, but the DOJ argued that he was doing his own analysis of the data he had access to. And so it wouldn't just be stating the DOJ's claim. He would be providing his own expert insight based on his own work, you know, examining the databases that he had access to. And the judge agreed with that and said that based on what he'd saw and based on what the witness disclosure had provided, the witness was likely just speaking to his own expertise and looking at actual data as a third -party expert witness might do. And so those witnesses are allowed right now. We're still waiting on the full and final witness list, but we now know that there are probably at least a dozen witnesses that we're going to hear from over the next six weeks. And who are the ones that stick out to you on that list? I think the cooperating witnesses, so the FTX inner circle, that's former Alameda Research CEO Carolyn Ellison, former FTX director for engineering Nishat Singh and Gary Wang. I forget which one of them was the director of engineering. The other one was a fellow executive, but you know, these are the three individuals I think we're going to hear from probably first, maybe. Might hear from them as soon as next week, not certainly the week after. They're the ones who were in it, right? They were involved in this. They were part of FTX. They were part of the highs. I think we're going to probably hear from them, you know, how FTX might've fallen apart. I know from court filings, we know that DOJ wants to ask Carolyn Ellison about the FTT token and allegations that Sandbank and Freed was directly involved in trying to argue for Alameda to take a large sum of it and to potentially allegedly manipulate the price. So I think that testimony is going to be really interesting just because, again, it's the firsthand account of what happened. We're also probably going to see the defense try and discredit these witnesses to the extent possible, right? Straight out of the gate saying, well, you know, you weren't threatened with jail if you didn't testify in turn against your former boss. So I imagine we're just going to hear arguments like that from the defense during cross -examination, but either way, I think this is going to, you know, those are the three witnesses I think we're looking forward to most right now. And then once we're past that kind of initial surge of FTX insiders, that's when we'll get to kind of more, I don't because I don't think that is the right word for it, but, you know, people who are looking at it from kind of the, you know, again, forensic analysis perspective, people who are going to be able to kind of dig through and say, all right, well, you know, we've looked through the smoking remains and here's what we found. And I think that will also be interesting because it'll be really a third -party perspective on, you know, here's how this thing was set up and here's where things may have gone wrong or here's where things may have fallen apart. And getting a third -party perspective on that I think is going to be really fascinating because there'll be, I assume, a bit more objective about it than, you know, people who built it and worked on it maybe could be. One other kind of motion that happened this week that was pretty interesting or development, I should say, is that the judge did allow SPF's team to ask some of the witnesses about their drug use. What do you think will be the significance of that line of questioning? I think that goes back to, you know, a witness, cooperating FTX inner circle member saying, while we were at FTX, Sam directed us to manipulate FTT, whatever, you know, just speculating what someone could say. And the defense comes back and says, well, you know, are you sure that's what he said? Were you high at the time of these conversations or were you engaged in recreational drug use during the time you were running this company? You know, if I'm a member of the jury and I hear, okay, well, everyone was partying and on drugs and doing weird stuff or, you know, potentially, you know, in an altered state of mind, that might shape how I view the, you know, the defendant, the verdict, the whole case. So the judge did say that prior to making those, you know, kind of questions, the defense has to notify the prosecution and the judge about it. So it's not going to be a case of like they'll blindside the witnesses about this, but I imagine that's going to kind of go back to this effort to try and say like, okay, you know, Bankman Fried wasn't doing something wrong on his own or intentionally, it's just that things fell apart, but they were well -intentioned. The defense is going to attempt to, I think, pin some of the blame on legal advice that Bankman Fried received. How effective do you think that argument will be at trial? That's a really hard question to answer. I think the problem that the defense has is there's really no denying that FTX fell apart and it fell apart in like a very dramatic fashion, right? The day it filed for bankruptcy that evening, what, a couple hundred million dollars or tens of millions of dollars worth of crypto was stolen, I think. I forgot the exact amount, but you know, it was a pretty dramatic way to cap off what was already a chaotic week. So the problem the defense has is they can't say, well, FTX is fine. And so they're leaning on this advice of counsel defense. Their argument is going to be, you know, Bankman Fried was well -intentioned. He told his lawyers everything he wanted to do, and he did everything they told him to do. And so because it all fell apart, you can't really pin that on Bankman Fried. You have to look at the advice he was given and the information he was acting on. And so I guess part of the problem that the defense might have here is did they share or did Bankman Fried share everything he wanted to do with his attorneys? Did the attorneys have all the information and did he do exactly everything the way his attorneys told him to? And I don't know, you know, I'm sure we'll see answers to those questions over the next, you know, six weeks or so, but that seems to be kind of how that might play out. And it's going to be an interesting argument for sure. But again, I think it goes down to the central problem of FTX for sure collapsed and how you respond to that. One other issue is that the judge did rule that the prosecution could mention SPF's political donations. And there are charges specifically related to that that will be tried in a separate trial next year. So why were those allowed in this case? So this is where we get into what has become one of the new fun parts of being a court reporter in this case is Bahamas extradition treaties. So the original indictment that Bankman Fried was charged with back in December of 2022 did include campaign finance violations as one of the charges. But because it did not appear in the charging document that the Bahamas Police Department had, there's a Bahamas National Police, something like that, Bankman Fried's defense team successfully argued that they could not bring that charge right now because he had agreed to be extradited on the first seven charges, which were wire fraud and conspiracy to commit wire fraud and conspiracy to commit securities and bodies fraud, et cetera. So what it seems like is going to happen is the prosecution is going to try and fold all of that into all the political donation stuff into the other charges, into the wire fraud charges, and say, well, you know, we have the evidence, we have the allegations, and here's what you have to look at what that means for the next trial. And, you know, you're absolutely correct. There is another trial currently tentatively scheduled for either March or April 2024, next spring, either way, where we will be going through all of this again. But a lot of that is dependent on the Bahamas. And yeah, we could probably talk about that for another hour if you wanted to. All right. Well, we'll leave that for another episode. But one thing I did want to ask about is earlier in this interview, you said that his sentence was likely to be in the range of 10 to 20 years. And obviously, you know, there's many charges and we don't know which ones he'll be found guilty of and which ones he won't. But how are you coming up with that estimate? So yeah, I should definitely be more precise there. So I personally am not a lawyer or an expert in this. I have spoken to a number of lawyers about this. And what they said is, if you have a defendant who is found guilty, so these assumption here is that he is convicted on at least one of these charges. But if he's found guilty on even several of the charges, because all of the conduct is similar, because it's all kind of identical conduct at the core, a judge, when making a sentencing determination, will basically fold all the charges into each other, right? All the conduct. And so even though each of these charges, if you look at the DOJ, press release says, oh, it contains a maximum sentence of 20 years or five years, whatever. It's not going to be consecutive. It'll be concurrent. So the estimate I'm getting from various attorneys that I've spoken to over the past few weeks is probably be somewhere in the, you know, 10 to 20 year range. Some estimates came down as low as five years, some as many as 36 years. But they all seem to base that on just kind of the allegations, the charges themselves combined with the amount of money allegedly lost, which is more than 50 million, combined with the severity and all of that. Yeah. And so 50 million is sort of like some thresholds because I think it goes in levels of severity. Yeah. And the higher the number goes, the longer the sentence. However, that's the largest threshold, obviously. Yeah. I literally looked up the federal sentencing guidelines, which by the way, is a very confusing document. I did not understand it. So I asked someone else to explain it to me, but yeah, it's the different thresholds that you mentioned. And it starts with the, I think the thousands range and then just kind of escalates up and 50 million seems to have been the uppermost that they had. So it's 50 million plus. I think the allegation is something like 10 billion loss from FTX. So 10 billions, a hair more than 50 million. Just as many multiples. So that will probably be kind of the way they calculate it, probably. And again, this is dependent on if he's convicted on one or more charges and all sorts of stuff. Yeah. Okay. Well, we will have to see how all that plays out. Thank you so much for explaining all of this on Unchained. Thanks for having me again. Always great to talk to you. Yes. Same here. Don't forget next up is the weekly news recap today presented by veteran crypto reporter and Columbia University night budget fellow, Michael Del Castillo. Stick around for this week in crypto after this short break. Join over 80 million people using crypto .com. One of the easiest places to buy, trade and spend over 250 cryptocurrencies.
WTOP 24 Hour News
Fresh "Attorney" from WTOP 24 Hour News
"A better way at pwcva .gov slash my website at wtop .com. Alright Bob and we are checking in with Veronica Johnson. She's 7 News First Alert Chief Urology. Clouds are hanging low and there's a little drizzle and a little mist out there especially closer to the water and then we'll have some clouds around this evening. Temperatures will drop into the mid 60s. By morning those clouds will start to scatter and we could have some patchy fog. Temperatures to start your Saturday upper 50s to lower 60s. A high temperature around 70 degrees as we turn partly sunny sunshine on tap for Sunday with a high around 80 degrees but real pretty weather expected for the early part of next week. I'm 7 News Chief Meteorologist Veronica Johnson in the First Alert Weather Center. DuPont Circle at 66. Germantown 63. Annandale ahead tonight on WTOP. The Virginia Attorney General
The Dan Bongino Show
Rep. Troy Nehls: Garland, Wray Will Do Everything to Cover Biden
"Willing to stop arresting political opponents and going full commie. So, until that point, we need more people willing to, cause it's radio, bust us bells if you know what I mean. We need bell busters. And you seem like one of them and I like that. So, this hearing is happening with Derek Farland the other day, otherwise known as Merrick Garland, and you were having none of this. You just sliced into this guy. This guy I think makes Eric Holder know what I mean? I'm a legitimate attorney general. This guy is the most corrupt person I in that office in my life. And I was glad you didn't get interrupted when you were calling him out. Your thoughts on the status of the Justice Department under Garland? Well, thank you. It's a great question and we I all know think the American people are figuring this out that there is that. We talk about the two -tier justice system, the justice system under Garland and even the FBI Director Wray that will do everything to provide that cover for the crime family named Biden and then what you're asking and what they've done to Donald Trump over the past several years. So no, there is a two -tier justice system. I guess I am one of those bell busters and I know that you served in NYPD for years. I'm a 30 -year lawman myself. I was a chair of a large county in Texas. So I just call it the way it is. I'm authentic and I think I think people appreciate it, but AG Garland, you know, you get five minutes and you want to seize that that moment sees that opportunity. I didn't give him a lot of time to answer the questions that I had for him because I knew I would just get nothing but delay tactics and lies. So I answered the questions to him, but he did the video, the video of Joe Biden up there talking about firing Viktor Shokin, the prosecutor, or Ukraine and get the one billion dollars to me. That is bribery. The quid
WTOP 24 Hour News
Fresh update on "attorney" discussed on WTOP 24 Hour News
"Annandale ahead tonight on WTOP. The Virginia Attorney General is getting involved in a dispute over what you would pay to drive on a certain toll road in the area. Also ahead do you like to go to the gym? Do you prefer to work out at home? COVID changed our habits a little bit. We'll get into that as well. It's 10 20. Look, some choices in life are complicated. Others, thankfully, are much simpler. Choosing true is one checking. There are no overdraft fees, lots of practical perks, and when evolves your life and account balances grow, we'll upgrade your perks automatically. True is one checking. One simple choice. Go with your gut. Your dog's immune system is based in the gut. A diet lacking in nutrients can cause itching, scratching, and a weak immune system. However, there is a solution. D -I -N -O -V -I -T -E. Dynovite. It took a grand total of two weeks. The dog stopped ditching, the hair stopped falling out. Try Dynovite for free. Just pay shipping and handling. Learn more at Dynovite .com slash radio. Happier, healthier with every bite. Over a million pets helped with Dynovite. 10 -22. Cash back is not available on gas in New Jersey and Wisconsin. Billy, your gas light's on.
The Hair Radio Show with Kerry Hines
Elderly Army Vet Mistreated by Police: Attorney Lisa Bloom Weighs In
"Guys know Lisa Bloom. She is one of television's top attorneys as well as just helping us to navigate so many of these issues that have been popping up and just standing up for folks who may not feel like they have a big voice, so it's always an honor for us to welcome Miss Lisa Bloom of the Bloom Firm to the Hair Radio Morning Show. So again, good morning, Lisa. Thank you so much for having me and for the kind introduction. Absolutely, and listen, you have a wonderful client that I had a quick moment to chat with a little bit, Mr. John Parrish. We're going to get him totally intro here, but first I want to bring to the line one of my co -hosts, we produce a program called the Vet Talk Radio Show, which airs across my network, and Michael Hopkins is the host of that program, and Michael himself is a disabled veteran, and this story, that's what I saw this week, but it just, there are no words that you guys are going to, we're going to kind of get into this a little bit so you will understand exactly what I'm talking about. So, Michael, I want to introduce you officially to Miss Lisa Bloom and to our very special guest today, Mr. John Parrish. Now, John, you are an Army veteran, and I understand that you were a lieutenant in the Army. That's correct. Right? And so this whole thing, which happened back in March of 2022, which was the California Highway Patrol officer stopped you for a misdemeanor traffic stop as you were driving home with your adult special needs daughter. And Mr. Parrish, now, I'm going to say this, you know, with a life well lived at 80, you know, I wouldn't expect you to be out there just, you know, doing all kinds of somersaults and things like that. So, you know, so anyway, you were, you don't pose, you didn't pose a threat, obviously, to anybody. I mean, you know, so with that, right? So the officers, I'm just trying to understand this as well. So now, you advised them that you had hearing problems, vertigo, and diabetes, and they still, you were handcuffed, amongst, I understand, and you were handcuffed. They handcuffed you tightly behind your back, and literally carted you off like you were property of some sort. So they ignored, literally, I'm sure you've told them several times and that that was painful. I mean, you know, that would be the first thing anybody would do. And so, and you were left in jail hours without receiving proper medical attention, despite, obviously, that you told them over and over and over again that it was needed. So, and it really kind of didn't happen, you know, you weren't really able to, they received that adequate medical attention until after you were released. So, and what has turned out, you sustained really bad injuries, as far as I can see. I mean, this is, you're talking about a broken arm, internal bleeding, and a hand that was severely swollen. So I have to go back a little bit on this, Mr. Parrish. What can you tell us, in your own words? Is that, did you have anything you wanted to add to that recount that I just mentioned? I missed your question. I'm sorry. Did you have anything that you wanted to add to that in terms of what happened that night? That was pretty much it. That's a, well, there's a lot of details, but that's a pretty good summary. Okay. So, Mr. Parrish, how did that make you feel? Because that was the first thing that jumped out at me, and I'm going to ask Michael on this too, but that was the first thing that jumped out on me, being an Army veteran and being a lieutenant, a first lieutenant, okay, in the U .S. Army, and knowing that, you know, some of that, someone can kind of treat you in this manner. What did that make you feel like, sir? It felt like being at P .O .W. Wow. That's what it felt like. Wow. Just unbelievable. Unbelievable. Lisa, I have to turn, yes. Oh, I'm sorry. Go right ahead, Mr. Parrish, please. I mean, first of all, I never expected to be arrested, even after the officers stopped me, and then, I mean, you know, maybe they give you a traffic ticket or something. I've had a couple of those in my life, but no, they arrested me and cuffed me and took me off to jail and, you know, and all those other bad things and transpired. So, it felt like being at P .O .W., because P .O .W. are mistreated by their captors, right? Yeah, I have to tell you, Lisa, I have to turn to you on this, and you've handled, you know, you've been on our show with many of these types of cases. Sadly, there are way too many. Yes. What, yes, what can you tell us? What really, you know, this is hard for us to take. What was your take on this when you met Mr. Parrish and found out about this? I was so outraged that my tax dollars are going to pay police to bully an elderly vet in my community. I mean, there is no reason for this, and I think law enforcement just over and over again we see this abusive behavior when it is not necessary. You know, John was simply driving down the road with his adult special needs daughter, as you say, he was fully cooperative when he got pulled over, he didn't threaten anyone, he didn't make any moves towards anyone, they don't even allege that he did. And so, there was no reason to handle him at all. And then, you know, even in the California Highway Patrol, the entity we're talking about, in their rules, they say that within their discretion, they cannot handcuff people who are pregnant, disabled, or elderly. And so, John, you know, made it clear, he said something like, I'm old, and he talked about his medical issues, and complained that his arm hurt, and, you know, there was no compassion for him as just a human being to take the handcuffs off. And then, when he got to the jail, he was asking for medical aid, that was not provided, as the law requires. And now he has, John, I think, can talk to you about how difficult it is at age 80 to try to heal, you know, the body just does not heal as fast when you're elderly.
News and Perspective with Tom Hutyler
Fresh update on "attorney" discussed on News and Perspective with Tom Hutyler
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The Spiritual EFT Tapping Podcast
A highlight from 105. I Couldn't have Predicted This EFT Tapping + Talk
"From iHeart Podcast, Supreme the Battle for Roe tells the story of the unlikely champions behind the landmark case Roe v. Wade. Starring Maya Hawk as 26 -year -old lead attorney Sarah Weddington. Or challenging the Texas abortion laws in federal court. And Academy Award nominee William H. Macy as Supreme Court Justice Harry Blackmun. Time is not the most important factor. Getting it right is. Listen to the podcast Supreme the Battle for Roe on the iHeart Radio app or on iTunes. Hi I'm Nicole and I'm an EFT tapping practitioner and I want to help you learn how to use EFT tapping to grow as a person, to grow on your spiritual path, and to truly change your life in any way that you are looking to change your life. Because I believe that we deserve to have the life that we are meant to live. Thank you so much for joining me today. Let's get into the podcast.
The Breakdown
A highlight from Chokepoint Across the Pond: Chase UK Says No Crypto Transactions
"We've got election season coming up, remember? And if the Dems win and Gensler comes back to the same office, he doesn't care because he has the wind at his sails. And if he loses, he also doesn't care because he's out of the job. I would expect, in other words, for every court decision that goes against the SEC to be answered not with a rational shift in policy and approach, but instead two blazing middle fingers from a bureaucrat potentially on his way out the door. Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Wednesday, September 27th, and today we are talking about this crazy, strange Chase UK letter banning people from accessing crypto from their bank accounts. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find the link in the show notes or go to bit .ly slash breakdown pod. Well, friends, I have to start the show by eating some crow. In the morning yesterday, a letter started going around that people were, of course, breathlessly posting as fact long before it was confirmed, and it just did not read right to me. So much so that as more and more people started tweeting about it, I actually posted it saying, I think this letter is fake. Let me just read the whole thing to you. So it's not long, so you have a sense of why I was skeptical. The header says Chase, and it says our policy around crypto is changing. Here's what it means for you. Hi. To help keep your money safe from fraud and scams, we're changing the type of payments you can make from Chase. From 16th of October, 2023, if we think you're making a payment related to crypto assets, we'll decline it. If you'd still like to invest in crypto assets, you can try using a different bank or provider instead, but please be cautious as you may not be able to get the money back if the payment ends up being related to fraud or a scam. Please head to our website for more info about how to protect your money. We've made this decision because fraudsters are increasingly using crypto assets to steal large sums of money from people. Declining these payments is one of the ways we're help keeping you and your money safe. All the best, the Chase team. So a couple of things that really stood out to me. One was the tone in general non -professionalism of the letter. The use of the word fraudsters seemed very, very strange from an official corporate communication. This is obviously quite a colloquialism and so the idea that it was being used as a formal explanation for why a bank would be denying an entire category of payments options to its users seemed a little crazy. Continuing that questionable tone was the ending, all the best. That's how I sign off my emails. That's not how a major bank signs off its emails. Now, of course, there was also the general grossness of the policy if it were to become real, but that really wasn't even what I was thinking about initially. And yet, shockingly, it was confirmed to be real. I was wrong and somehow a bank associated with Chase had sent out that letter. Now, later in the day, it became clear that the policy was for Chase UK rather than the broader US or international banks. But even if it was only a domestic UK policy, the aggressive move still rubbed many people, perhaps most people, I would say, in the industry the wrong way. Coinbase CEO Brian Armstrong tweeted, Now, Andrew Griffith is the UK Economic Secretary to the Treasury and Minister for the City of London and Rishi Sunak is, of course, the Prime Minister who was formerly the Chancellor of the Exchequer who said while he was at that post that he wanted to make the UK a crypto hub. LightSpark CEO and former head of the Libra project at Meta, David Marcus, added, Now, UK commenters were surprisingly quiet and that's perhaps because Chase is a relatively minor player in the UK despite being a major global banking brand. Chase has, in fact, only had a presence in the UK for around two years and has less than two million customers. They're also limited to offering online services, so are, in practice, a lot closer to a fintech platform than a traditional bank. Just by way of comparison, relative to the population, Chase UK has a similar footprint to Huntington National Bank in the US. Now, if Huntington banned crypto transactions in the US, you can bet we would be chattering about it, but it wouldn't ultimately be seen as that big of a deal which perhaps explains the lack of outrage from UK crypto investors. That said, of course, Chase isn't Huntington. Regardless of whether they have a large customer base, Chase UK is still a subsidiary of the largest western bank in the world and because of that, the important part of the policy change is unpacking whether this is an idiosyncratic decision of an insignificant bank or speaks to a broader policy outlook at JPMorgan Chase. Now, the reason given in the letter for this policy change was, of course, to prevent fraud. When fielding questions from media throughout the day, a Chase spokesperson doubled down, saying, Austin Campbell rightly points out, quote, Bitcoin attorney Crypto Hat responded, Austin, eminently reasonable as he always is, responded, and other financial institutions to fight said fraud, not turtling. Now, of course, even if this policy change only affects a couple of million Brits, it still matters in the broader fight to ensure crypto investors and firms have fair access to banking services. This has, of course, been one of the biggest themes throughout this year. The pushback from the US crypto community matters in order to ensure that banks can see that these sort of blanket bans are simply not an acceptable way to deal with issues around fraudulent transactions. And for a place that said it wants to be a crypto hub, the UK in particular has had a string of larger banks rejecting crypto payments over the past year. In February, a group of CEOs from major UK banks appeared at a parliamentary hearing. Multiple CEOs said their banks were blocking crypto payments, and although they listed fraud as a major concern, they also mentioned the volatility of crypto investments. The problem became so large that the UK's Financial Conduct Authority published a report on de -banking earlier this month. The report stated that the regulator had facilitated conversations between banks and crypto firms to ensure that they would be able to open and maintain accounts. Still, some large UK banks, including NatWest, are currently refusing to service crypto firms across the board. Now, one alternative opinion came from Francis Pulio, the founder at Bull Bitcoin. He said, via video chat, and essentially interrogate them to make sure they aren't being sucked into a yield, cloud mining, or other crypto ponzis. Still, as you might imagine, even among Bitcoiners who share Francis's disgust with crypto scams, this wasn't the primary opinion out there. Indeed, by and large, the sentiment was, and this is the end -then -they -fight -you phase. So what to do? Well, some, like dGen Spartan, basically say vote with your feet. They write, but getting banks to open accounts for crypto individuals and companies is another. Just vote with your money. My crypto -friendly banks get my highest share of account. The others? Meh. Now, another response is the entrepreneurial opportunity. Rama Lawalia, the CEO of Lumida Wealth, said, Although, indeed, later he tweeted, I don't know, man. All in all, it feels a little choke pointy to me. Remember, the whole point of Operation Choke Point and why it's problematic is that it creates a scenario where government and regulators don't have to ban anything because they just make it so economically untenable and politically risky for big service providers like banks to work with crypto companies that a de facto ban is the natural response. And speaking of de facto bans, let's turn now to the intransigent SEC, a bipartisan group of House Financial Service Committee members have written to SEC chair Gary Gensler calling for the regulator to immediately approve spot Bitcoin ETF applications. Mike Flood, Tom Emmer, Willie Nickel and Richie Torres penned the letter, which asserted that, The SEC's current posture is untenable moving forward. Following the Court of Appeals decision, there is no reason to continue to deny such applications under inconsistent and discriminatory standards.
CoinDesk Podcast Network
A highlight from SBF TRIAL: 09/27 UPDATE
"Welcome to the SBF trial, a Coindesk podcast network newsletter bringing you daily insights from inside the courtroom where Sam Bankman -Fried will try to stay out of prison. Follow the Coindesk podcast network to get the audio each morning with content from the Coindesk regulation team and voiced by Wondercraft AI. Judge Lewis Kaplan will indeed let Sam Bankman -Fried's defense team ask certain Department of Justice witnesses about their recreational drug use, sort of. The judge, who has overseen the case for nearly a year now, inched closer to resolving outstanding issues ahead of trial. Last week, it was the Daubert motions regarding expert witnesses. Yesterday, it was resolving most of the motions addressing testimony and evidence questions. The defense team can cross -examine cooperating witnesses about issues like privileged company information and their recreational drug use, though the attorneys need to notify the court beforehand. The prosecution can present evidence tied to FTX's bankruptcy during the trial over the defense's objections. We'll also see information about the FTT token and whether its price was manipulated by other FTX insiders. Separately, as reported yesterday, Bankman -Fried is once again trying to get himself out of second and through the duration of his trial. The FTX founder was locked up in August after Judge Kaplan ruled he'd likely try to tamper with witnesses. Earlier this month, his request to overturn that decision was denied, and last week, an appeals court refused to alter the ruling. But in a Monday letter, lawyers for the disgraced crypto CEO asked a New York court to let him stay at a temporary residence in the city with a security guard. They also asked the judge to let Bankman -Fried travel to his attorneys' workspaces during the trial itself because it was exceedingly difficult to prepare for the trial from jail. The security guard, who the lawyers say will remain with Bankman -Fried at the residence, will also make sure he doesn't have any visitors or access to any computers, cell phones, the internet, television, or any other electronic devices, the letter said. It's unclear if p the five .m. Eastern time today for the DOJ to weigh in on the application. Defense attorneys have also requested that Bankman -Fried be allowed to wear a suit during the trial. During his last appearance before Judge Kaplan, he wore a prison uniform and was shackled. We're still waiting for the trial to start. The trial will start with jury selection on October 3rd at 930 a .m. Eastern time. The DOJ anticipates this taking the better part of a day. White -collar attorneys believe it'll take longer. Either way, opening statements will likely begin the day after a jury is seated. The DOJ also anticipates bringing some witnesses up to testify as soon as next week, with the court docket hinting that those witnesses may well be FTX insiders like Gary Wang, Caroline Ellison, and Nishad Singh.
The Dan Bongino Show
Donald Trump Jr.: Bank Witnesses Signed an Affidavit, Saying No Fraud
"Property for loans and the judge put in the court document a number so ridiculous to anyone forget about being a Florida resident anyone who has sense any of real estate at all I mean this has got to be I go you guys have to be thinking yourself what what the hell do we have to do they're never gonna stop yeah no it's like listen I've been in real estate for a time long before I started screaming about politics because I was firsthand witness to all of the insanity going on that I had to start getting involved and fighting back that's what I did for 25 years I was going through it with the lawyers last night I'm like but I don't understand and they're like we don't either we've never actually seen this before I mean imagine they're saying you know we defrauded banks that were paid back in full with interest I didn't like there's no allegations there's no allegations from the bank there's no victim Dan there's not even a victim the banks gave sworn testimony that of course we do our own valuations you know we're Deutsche Bank and I get trillion dollar bank yeah oh yeah we're just gonna believe what every person tells us I mean any one of your listeners who's ever bought a home or an apartment or anything there's a third -party appraiser in the tiniest of transactions think you that goes away on hundreds of millions of dollars of transaction no the scrutiny is so much but you know and those by the way those bank witnesses signed the affidavit under oath of course we did it it doesn't mean that we there's no victim they say that he just ignores it he chooses to just ignore that and says summary judgment no jury we're just going to say no jury and we're going to say we agree with everything that the Attorney General has said without actually hearing from any of the people we're just going to agree with everything that person the who literally campaigned on taking down Trump prior to ever seeing any of the evidence but ran campaign a on taking down Trump she can say whatever she wants and I'm just going to agree 100 % with everything that they say no jury
The Dan Bongino Show
Donald Trump Jr.: Reaction to NYC Judge Valuing Mar-A-Lago at $18M
"Weekdays Eastern Time you should check that out done so I got a thing going my listeners want to get in Mar -a -Lago apparently is worth 18 million which is a crazy good steal so a couple guys want to go in 50k we want to buy it and I'm pretty sure I can flip it for about 700 hundred million the next day if you want to get in on it like I'm totally down your thoughts I want in this on one as well then you know what the irony of the insanity of it right I mean there's a lot Mar -a -Lago is almost 20 acres on the ocean there's a lot within about a half a mile it's 2 .2 acres with no ocean front and no home and let's just say Mar -a -Lago is one of the more spectacular homes in the world but it's on the market for 250 million dollars so ten times the lot size with the most spectacular home with ocean views in Palm Beach, and it's worth 18 so yeah I put out on Twitter if Mar -a -Lago is worth 18 I'll take 10 but the problem is Dan if I bought it from my father for 18 they try to put us in jail for fraudulent conveyance and for for tax avoidance there's no winning with these lunatics a judge can literally in New York City discount entirely with the most prestigious valuation experts in the state of Florida and in Palm Beach and the brokers community say and just say you know what it doesn't matter I'm going to put whatever I want on on there because that's the narrative they can give the Attorney General literally more than they were asking for as a way to penalize Trump because he stood up to the establishment and that makes you a threat to everything that the radical left is trying to do this is really insane this is Bolshevik Revolution type of stuff where they're trying to commandeer assets from their political enemies and those they don't deem should
Bloomberg Radio New York - Recording Feed
Monitor Show 23:00 09-27-2023 23:00
"Interactive brokers' clients earn up to USD 4 .83 % on their uninvested, instantly available cash balances, rates subject to change. Visit ibkr .com slash interest rates to learn more. Big step goes for the FTC. Thanks so much, Jen. That's Bloomberg Intelligence Senior Litigation Analyst, Jennifer Rhee. For more of Jen's analysis, go to BI Go on the Bloomberg Terminal. I'm June Grosso and you're listening to Bloomberg. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. The Writers Guild of America strike is done. After 148 days, the board of the WGA West and council of the WGA East voted unanimously to lift the strike, effective at 12 .01 Pacific time Wednesday. A judge is ruling Donald Trump and his company are liable for fraud in a lawsuit brought by the New York Attorney General's office. The judge in his ruling found Trump made false and misleading valuations for his real estate assets over the years to secure loans and insurance deals. United Auto Workers President Sean Fain says the union isn't letting up on its demands amid an ongoing strike. He spoke to MSNBC Tuesday, the same day President Biden stood alongside members on the picket line in Michigan. The members, you know, being out there standing up for their future are what brought the president here and it's a great testament to see him come here. House Speaker Kevin McCarthy says it would be very important to have a meeting with President Biden to prevent a government shutdown and address the border crisis. McCarthy is hoping to pass a bill that would pair a short -term government funding extension with a series of border policy changes backed by Republicans and opponents.
The Hugh Hewitt Show: Highly Concentrated
A highlight from Rep. French Hill and Sen. Tom Cotton on opposing the shutdown
"Welcome back, America. I'm Hugh Hewitt, another gold bump in honor of Senator Goldbars Menendez. I'm joined by Representative French Hill from Arkansas. Representative Hill is one of the smart guys because he's on the Intel Committee. That's handpicked and the Republicans are always serious about that. He's also on foreign affairs and financial services. Our old friend John Campbell used to serve on financial services. That's one of the smart committees. So Representative Hill, welcome back. Good to have you. But you are a Vanderbilt grad, so we're not going to talk about football. Seriously, you lost to Wake Forest and the University of Las Vegas. Does that, how does that go down with the Commodore Nation? Well, it's we're always waiting for golf season. Congressman, the House is going to come up with a solution or the government's going to shut down. What's it going to be? Look, Hugh, if we want to be strong, if we want to lock in the wins that we got in the debt ceiling negotiation, when we put forward a plan that actually cut spending year over year, change the regulatory focus, encourage more people back into the workforce, we need to pass these 11 remaining appropriations bills. And that was not gotten to over the summer, even though now think about this, Hugh, even though each of those bills is written at a spending level below the debt ceiling deal and each one locks in conservative policies. It's really so frustrating to me that those have been delayed from coming to the House floor, including twice over the last week by a handful of members when they're missing this big picture. Lock in the wins, cut spending, reduce regulations, get more people back in the workforce, get the spotlight back on Joe Biden's failures and off of the House. Congressman Hill, I don't expect you to speak ill of a colleague, but I can. Congressman Gates wants to be governor of Florida. Congressman Maryland native Matt Rosendale wants to be senator from Montana. Ralph Norman, Congressman Ralph Norman wants to be senator from South Carolina. Going to run against Lindsey Graham. And Congressman Dan Bishop wants to be the attorney general of North Carolina. So I understand self -interest. Those guys have no interest in governing. But do they really want to bring down the Republican majority? Because they're going to get crushed if they do this. Right. But by this kind of of tactic, you're going to end up with a Biden Schumer clean debt ceiling deal and with spending levels, certainly at the Biden McCarthy level, but weaker policy, weaker policies. Because in order to be the strongest negotiator, get the most conservative win, we need to pass the appropriations bills. That's why McCarthy's plan this week of trying to get the rest of the bills across the floor, at least 70 percent of discretionary spending, plus plus a four week short term stopgap spending measure measure that cut spending, repeat cut spending for that one month and put border in the spotlight by putting H .R. two on. There is no conservative that should vote no on that. And this is just arguing against ourselves. It's a huge mistake. Now, Congressman Hill, I call him now St. Kevin. I've known the speaker for a long time, and now I'm going to have him nominated to be considered for sainthood because that is a difficult caucus to deal with. When you've got four members who are leading the Nuckelhead caucus and my buddy Ken Buck wants a CNN contract, there really isn't any appeal to their self -interest. How do you move them? I mean, are you going to have to use Democrat votes? And can and can Speaker McCarthy remain speaker if he uses Democrat votes? Well, I think that's what we have to try every single day to put a bill on the floor and find out that, as you say, this small group is the tyranny of the tiny, as I describe it, is violating the majority of the majority because they're going to hurt the conservative cause. They'll cause us to lose the House. And that's certainly not in the interest of the conservative cause when we're on the cusp, potentially of beating Biden in the presidential election and winning the Senate back. It's ridiculous. You know, if former President Trump gets reelected and the House switches to Democrats, they will impeach him in the first week. Do these allegedly Trump supporting congressmen. And it's Norman. It's Maryland native Matt Rosendale is running for Senate in Montana. It's Ralph Norman and it's Matt. Have they heard from the former president that he wants to be impeached again because they sure are acting like they want him impeached again? Well, look, they don't even they spend what he says now. President Trump last week said use the power of the purse to get control of Joe Biden's two trillion dollars of extra spending. I agree. That's what the debt ceiling does. And that's what these spending bills do. And that's why we have to get them across the House floor. He did not say he Trump did not say shut the government down and act like knuckleheads. He said, use the power of the purse to get the most conservative deal. Get this country back on track. I agree. That's what we could do if we had those four people assist us get these bills across the floor this week. Well, I just their their incentives are to get ink. And I mean, their incentives are not the incentives to govern. And I don't know how hot it gets in the caucus. Can you tell us that our members of the caucus about had it with these guys? There's nothing you can do because they're running for statewide office. But if they had it and expressed it. Well, I think they have had it and expressed it in blunt terms, including calling them out that if you vote against the rule on the House floor, you're working with the minority party. You're working with Democrats when you do that. That is not acting as a member of the majority. And I think you're seeing the country respond to look at Moody's comments yesterday, look at the VIX up to day three percent. Look at the 10 year Treasury rate up over four point five percent. This is going in the wrong direction when we should be taking a win right now of cutting spending 24 over 23, getting better rules and regulations in place, countering Joe Biden's bad policies. And as I say, encouraging more people back to work through our welfare reforms. These are classic conservative Republican wins. And we're squandering the opportunity. Snatching defeat from the jaws of victory is kind of a Republican specialty in the House. So let's let's focus on that for a moment. When do you get a test vote today or tomorrow on whether or not the four will move or they will stay for? They've got more than four right now, but you've got serious people like Chip Roy are not playing these games. Will the Freedom Caucus bring whatever persuasive influence they have to bear on them? Well, we're going to bring a rule. The rules committee met Friday and all day Saturday, so we'll be bringing a rule up either tonight or early in the morning. That will be the first test case to see if we can move these spending bills, which includes state and foreign operations spending, which is at one point seven billion below twenty nineteen levels.
CoinDesk Podcast Network
A highlight from SPECIAL REPORT: Inside Sam Bankman-Fried's Trial Defense Episode 1
"FTX collapsed this week from crypto king to criminal suspects. The less generous view is that you have committed a massive fraud. I mean, I'm deeply sorry. Saying sorry means nothing. I made a series of mistakes that seem they don't just seem dumb. They seem like the type of mistakes I could see myself having ridiculed someone else for having me. I'm Zach Guzman. You're listening to the SPF defense podcast, an exclusive coinage investigation. I've met SPF in person three times. Once when he just bought the naming rights to the Miami Heat's arena, once in the Bahamas at their huge extravaganza with Tom Brady, and once at his parents' home under house arrest, ankle bracelet included. In fact, I was the last journalist to interview him before he was sent to prison for breaking his bail agreement. I showed up to his parents' house near Stanford's campus on a Sunday and was immediately greeted by a security guard who informed me I'd have to leave all my electronics with him outside. I had interviewed Sam plenty of times, just never after being wandered down with a metal detector, and certainly never while he was under house arrest. Three hours later, Sam agreed to answer questions from the coinage community and surprisingly handed me about 50 pages of documents outlining his defense strategy, and exactly what he says led to FTX's downfall. After reading it through and realizing neither myself nor anyone at coinage is an attorney, we brought in the best person we could think of, Mark Litt, the government's lead prosecutor in his case against Bernie Madoff. This is part one of our series investigating SBF's upcoming defense. In this episode, Mark Litt provides his unique insight on the unanswered questions surrounding the relationship between SBF and Caroline Ellison, his girlfriend turned cooperating witness. You were one of the former lead prosecutors on the Bernie Madoff case, one of the biggest Ponzi schemes, not the largest Ponzi scheme in American history. When you look at that case and compare it and contrast it with what's being alleged that Sam Bankman Fried did to St. Alameda and FTX, what do you see? Here, the government is alleging among other things that promises were made to investors and promises were broken, and the promises were material. So there's a couple of charges relating to derivatives, trading fraud and conspiracy to commit that fraud. There's one I think for conspiracy to commit securities fraud and the substantive count of securities fraud. There is money laundering attached to those. So it's not a Ponzi scheme, but it's fraud. It just happens to be in a wrapper of cryptocurrency, which is novel. Well, just start on what you would do if you were Sam's attorney. Well, what I would have been doing and what I would be doing right now is developing whatever I can to cross the cooperators who are going to be critical to the prosecution. When you look at what's happening here and the fact as this goes to trial that you're going to need to convince 12 jurors that a crime was carried out, how does that element of cryptocurrency or the fact that maybe it's not as simple as an outright Ponzi scheme, what does that do to the prosecution side, defense side when you think about what's going to happen in this case? I don't think it changes it all that much. In a trial involving an equity stock or a bond, you may have to do some explanation to the jury about some of the terminology they're going to hear about. Cryptocurrency is newer. You might have to do a little bit more of that to provide context. But the case isn't about cryptocurrency. It's about, again, representations made and not kept. It's about taking money from one pocket and using it for purposes of another company in another pocket without the investor knowing that. That's not hard for a jury to understand. The defense may want to make it about cryptocurrency and go off on a tangent about the intricacies of trading and all of that, but it's not really relevant to the charges.
CoinDesk Podcast Network
A highlight from SPECIAL REPORT: SBF TRIAL 09/25 Update
"Welcome to the SBF trial, a Coindesk podcast network newsletter bringing you daily insights from inside the courtroom where Sam Bankman -Fried will try to stay out of prison. Follow the Coindesk podcast network to get the audio each morning with content from the Coindesk regulation team and voiced by Wondercraft AI. If convicted of wire fraud and or conspiracy charges, FTX founder Sam Bankman -Fried will probably spend quite a bit of time behind bars. But there's a good chance the 31 -year -old won't spend the rest of his life in prison. Bankman -Fried's trial tied to the operation and collapse of FTX and its affiliated hedge fund, Alameda Research, kicks off next week. Prosecutors will have to prove that he knowingly lied to his customers or lenders, knew it was wrong, was trying to defraud them, or knowingly worked with at least one other person to try and defraud lenders, customers, or investors. The burden of proof rests on the prosecution's shoulders. The defense team, in contrast, only has to convince a jury that the U .S. Department of Justice didn't successfully make its case that Bankman -Fried violated the law. The charges themselves are committing wire fraud on FTX customers, conspiring to commit wire fraud on FTX customers, committing wire fraud on Alameda Research lenders, conspiring to commit wire fraud on Alameda Research lenders, conspiring to commit securities fraud against FTX investors, conspiring to commit commodities fraud against FTX customers, and conspiring to commit money laundering to hide the proceeds of wire fraud on FTX customers. Of these, only charges one and three, wire fraud on FTX customers and Alameda Research lenders, are substantive charges, meaning the Department of Justice is alleging that Bankman -Fried himself actively committed the crimes. The DOJ in its proposed jury instructions asked Judge Lewis Kaplan to clarify that there is no need to prove that the crime or crimes actually were committed with conspiracy charges unlike the substantive charges. The fraud -related charges are relatively similar, Jordan Estes, a partner at Kramer Levin, told Coindesk. They all involve Bankman -Fried allegedly lying to customers or lenders. The DOJ will focus on the lies and deceit they're claiming he engaged in. Part of this is intent, Estes said. If Bankman -Fried's defense team can prove he didn't intend to try and commit fraud, he may be found not guilty of the charges arrayed against him. The defense's job is to argue that the DOJ did not make its case. With an advice of counsel defense, which Bankman -Fried's attorneys have said they'll make, the argument may be that the FTX founder ran his actions by his lawyers while at the exchange, and they okayed them. The DOJ noted that under federal sentencing guidelines, convictions under the wire fraud, wire fraud conspiracy, and money laundering conspiracy charges each carry a 20 -year maximum prison sentence, while the commodities fraud, securities fraud, and campaign finance conspiracy charges each carry a maximum five -year sentence. Totaled, the original eight charges Bankman -Fried faced—one was later dropped—carried a total sentence of 115 years. Though there's headlines suggesting Bankman -Fried could spend over 100 or 150 years in prison, in reality, he will likely spend nowhere near that much time behind bars should he be convicted. For one thing, even if there's multiple convictions, the sentences are more likely to be concurrent than consecutive. Several lawyers Coindesk spoke to said that Bankman -Fried, if convicted, could spend 10 to 20 years or so in prison, given the severity of the crimes and the estimated losses. Of course, Judge Kaplan has broad discretion, and he will ultimately set the final sentence. Even 20 years is a pretty long time. That's an entire human growing up to adulthood, or greater than the amount of time it's been since the first iPhone was released to its transforming much of society. Want to follow along? Sign up for Coindesk's new daily newsletter, The SBF Trial, bringing you insights from the courthouse and around the case. You can get the podcast each day right here by following the Coindesk Podcast Network. Thanks for listening.
Bloomberg Radio New York - Recording Feed
Monitor Show 15:00 09-24-2023 15:00
"When professional soccer player Marcus Rashford injured his shoulder, he turned to Resle's virtual reality training program to help him maintain his skills and return to the field with confidence. Learn more at meta .com slash metaverse impact. Wash it in your washing machine if you have to and bring it back and put it back on the shelves. This is Bloomberg Business Week, I'm Carol Masser. And I'm Tim Steneveck, stay with us today's top stories and global business headlines are coming up right now. TikTok is a platform of the Communist Chinese government. They're collecting data on Americans every single day. Meantime, on the statewide level, 18 state attorneys general now say they support Montana's ban on TikTok. TikTok, though, is already fighting back and suing Montana over the ban. The Montana bill that was recently passed is simply unconstitutional. TikTok CEO Shou Chu. We have more than 150 million Americans on Amazon and Walmart .com. They may also face more TikTok competition overseas. Globally, TikTok Shop aims to reach 20 billion dollars in gross merchandise value this year. That's four times as much as last year. Denise Pellegrini, Bloomberg Radio. If I could be you, and you could be me, for just one hour, if you could find a way to get inside each other's mind, walk a mile in my shoes. Walk a mile in my shoes. Walk a mile in my shoes. We've all felt left out.
Thinking Crypto News & Interviews
A highlight from ANTI BITCOIN BOB MENENDEZ CHARGED! SEC GARY GENSLER DOESN'T LIKE THE LAW (CRYPTO NEWS)
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, we got very interesting news, which I'm sure many of you may have heard in the mainstream media, and that is Senator Bob Menendez has been charged with bribery and a whole bunch of other crimes. And you may say, well, Tony, why are you talking about this? Right. Well, folks, Senator Bob Menendez, who is a Democrat, he introduced a bill back in 2022, which would help to stop Bitcoin adoption in El Salvador. And he was citing that the adoption would open the door for money laundering and corruption. Wow. Talk about hypocrisy, folks, right? This guy all along for a very long time, his track record, he's been accused of doing a lot of shady stuff and now he's being charged here. The folks at Bitcoin Archive said the senator who said Bitcoin can open the doors of corruption in El Salvador was just indicted for corruption by federal prosecutors who seized one hundred thousand dollars in gold bars and four hundred and eighty thousand dollars in hidden cash from his home. So politicians those who are often very loud and screaming against crypto are the ones who have a lot to lose and a lot to hide, who are probably doing shady stuff. For example, Elizabeth Warren, Brad Sherman, Gary Gensler, right? I'm sure they've got some really nasty stuff in their closet. And some folks have shown that Elizabeth Warren has a net worth of seventy three million dollars. And of course, her salary is just like two hundred and eighty thousand a year. That's a great amount of wealth she's accumulated from just a senator's salary, right, folks? But we know the game, right? This is why we got to keep fighting and we got to expose these corrupt bureaucrats and politicians like Elizabeth Warren and Brad Sherman. We know they are puppets on the string doing a lot of the bidding of the tradfi incumbents and people who would love to kill crypto and not just even kill crypto, but just stop or kill the startups and allow their banking buddies and Wall Street buddies to come in and take over. So I'm glad these folks are getting exposed. And President Nayib Bukele, who, of course, he's the president of El Salvador, he tweeted about this news. He said, this is the guy that called for an investigation against us. He ended up being charged, period. So I'm glad he's doing a victory lap there. Now we got some interesting news about a library in the SEC. So we had reported just about a week and a half ago or two weeks ago that library was going to file an appeal. And this is based on the Ripple lawsuit outcome. Right. It makes sense. We have new case law with XRP, so it makes sense for them to appeal. And the First Circuit Court of Appeals in Boston has directed library to file its brief by November 1st, 2023. Now of course, this is no guarantee they're going to win. But the point is, we want to put the pressure on the SEC and Gary Gensler. We want to expose them for their lies, hypocrisy and much more. So I'm glad library is doing this. Attorney Jeremy Hogan highlighted a video here with Gary Gensler being interviewed. And it just shows his hypocrisy that he doesn't care about the law. He just cares about his own power and his next job. And it's no wonder Judge Sarah Netburn said the SEC has no faithful allegiance to the law. So he says the crypto space is full of hucksters and noncompliance. Well, the reporter asked them, would anything a court says change your mind? Great question. Gensler said, well, no, not really. And of course, he looked very shaky. He's losing confidence. And Attorney Jeremy Hogan said, you can't make this stuff up. So clearly, this man has no respect for the law. He's just making things up as he goes. It's about his show, his power, his ego. And we can't have that, folks. This guy's supported by our tax dollar. He should be kicked to the streets. And I'm telling you, I hope that Coinbase mops the floor with his buffoon and the SEC so that he has so much pressure on him. He's forced to resign. I'm hoping that happens. Now, Stuart Aldarati highlighted that same video. And here's what he had to say. What's most concerning to me and should be to you in the full video clip, this is the shocking admission of an unelected bureaucrat that he won't respect the decisions of the courts. So I'm thankful for the judicial branch and the balances we have in the government that a corrupt scumbag regulator like Gary Gensler, as much as he can go around saying all kinds of nonsense and nasty stuff, he has to respect the courts in a sense of what they put out there. Right. The SEC has to abide by that. Now, he may not personally agree, and he can, you know, like in this interview, say, oh, no, I don't agree with anything. But at the end of the day, if he takes a loss, he takes a loss. Right. So we got to keep fighting. I'm hoping the industry keeps fighting back as well. Now, quick word from our sponsor, and that is Uphold, which is a great crypto exchange that I've been using since twenty eighteen. I've interviewed their CEO and many representatives so I can vouch for this platform. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and thirty seven fiat currencies so you can switch between these different currencies and crypto and precious metals at a click of a button. So it's a unique platform and they've been around for a long time. Once again, I can vouch for this platform. So if you'd like to learn more, please visit the link in the description. All right. Let's move ahead. Caitlin Long was at Mainnet and she was tweeting out some of the statements coming out of Mainnet. I was at Mainnet yesterday and I met her. I tweeted out a photo of us together. I was supposed to go on Wednesday as well, but I wasn't feeling too hot. So stayed home that day. But, you know, there was a lot of folks there. And Brian Armstrong, CEO, was there. He said the Biden administration has been terrible for crypto. Well, that's to say the least, right? That's an understatement. They've been horrendous, in my opinion. Caitlin also highlighted that 61 percent of pro -crypto voters actually this is she's highlighting what Chris Lee Hain had to say, that 61 percent of pro -crypto voters in 2020 voted for Biden. Democrats are at risk of losing them in 2024 due to anti -crypto policy. Absolutely right. And these Democrats are shooting themselves in the foot. Patrick Hanson of Circle highlighted the following, that the euro stablecoin, obviously Circle issues USDC, but they also have the euro stablecoin and it's now EURC instead of EUROC. So just an update there. So the euro coin is now EURC. So just heads up on that, folks. And I want to highlight something I tweeted out today, and I think it's important. And, you know, all emotions aside, all feelings aside, I was highlighting that I'm very bullish on Ethereum for the 2024 -2025 bull market. Now this is, once again, all emotions and feelings about Bill Hinman and Joe Lubin aside, I still want those guys to be held accountable. But as for the token and the code, it's getting adoption. And I highlight that PayPal is building their stablecoin in Ethereum, right, PYUSD, Citibank's token is built on Ethereum. JP Morgan is working on a deposit token, which is built on Onyx, which is a permissioned version of the Ethereum blockchain. Coinbase is obviously launching base, which is their layer two for Ethereum, or they have launched it, I should say. And there's a rise in institutional ETH staking. So I'm very bullish on ETH and this type of news, these facts now, not my feelings, not my opinions, but these facts of adoption from very big companies and brands has me very bullish on Ethereum. I obviously hold ETH in my portfolio. I stake it and I continue to buy the dip, not financial advice. You should do your own research. And obviously I'm not just bullish on ETH alone, but just there's been a lot of adoption. And I want to highlight that because it's about facts, not feelings now. And I'm bullish on Bitcoin, XRP, Chainlink and many other tokens. Let's talk about Core Scientific, which is a Bitcoin mining company. So Core Scientific sealed $77 million Bitmain deal for 27 ,000 Bitcoin mining rigs. The deal was first finalized in August with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. So one of the key things is that BlackRock also gave them a bit of money. Guys, this was back in 2022. So it's kind of like to the Victor goes to spoils where Bitmain was in trouble and then a whole bunch of folks started coming in to grab up as much as they can. So the deal between the two mining companies will see Bitmain supply 27 ,000 Bitcoin mining rigs for $23 million in cash, along with $53 .9 million worth of common stock of the bankrupt firm. Apart from the mining hardware purchase deal, Bitmain and Core Scientific have signed a new hosting agreement to assist Bitmain's mining operations. The deal was finalized in August when a court filing highlighted Bitmain's plan to sell mining hardware in exchange for cash and equity. As part of Core Scientific's restructuring plan, apart from Bitmain, the restructuring plan also included Anchorage. And you guys may have seen my interview recently with the president of Anchorage and the co -founder of Anchorage, Diego Monica. If you haven't seen that, be sure to check it out. It says here, restructuring plan also included Anchorage, BlockFi and mass mutual asset finance. Apart from Anchorage, all other three firms chose a mix of cash and equity options to settle their claims. The expansion investment plan by Bitmain will come into force by the fourth quarter of 2023, pending approval from a judge. Once approved, the hardware will potentially add 4 .1 exahashes to Core Scientific's hash rate. The two crypto mining companies all have also agreed to work together to upgrade Bitmain's last generation miners hosted at Core Scientific's data centers to further increase the firm's productivity. So, folks, Core Scientific, I will be potentially interviewing the new CEO and I'll let you guys know when that's coming up. But I want to definitely get into the details here and what BlackRock is doing with them in addition to Bitmain. So I'll definitely be asking those questions once I get the interview locked in. But, you know, a lot of companies are preparing for the Bitcoin mining next year. And many of you may have seen my interview uploaded earlier today with Fred Thiel, who's the CEO of Marathon Digital Holdings, and Marathon is working with a sovereign wealth fund. So, folks, there's going to be a lot of capital coming to the market. You're going to see a rise in demand for Bitcoin as the spot ETFs get approved, especially around, you know, BlackRock spot ETF and Fidelity and so forth. So I'm very bullish, you know, like I've been saying, we are in quantitative tightening, fighting inflation, rates are high, but this will end right as it has historically boom and bust cycles. The Fed will eventually start its QE again. They're going to start printing money, global liquidity will go back up and we'll be back in a bull market. We just have to be patient, dollar cost average where possible. And, you know, don't look at the price every day because you'll drive yourself crazy. And, you know, it's very volatile. Sometimes it's moving sideways. It's very boring. And I know that's tough. But just, you know, take your positions, obviously do your research, take your positions and just be patient and then, you know, watch what these players are doing. Right. Not so much the price, but watch what the players like this are doing, who's investing, who's building, who's raising capital and much more. So that's what I'm looking at. And that's why I build this podcast to share the news, because, you know, this is not going to make mainstream news. This is not going to be on CNBC, Fox or CNN or whatever it is. Right. And a lot of people are not paying attention. But I'm glad I'm here early. If you are here early, pat yourself on the back because there's going to be billions of people coming in buying Bitcoin and other crypto at a premium and they're going to go to BlackRock and whoever else. Right. But you and I are on the side of smart money. We are on the side of BlackRock. We are on the side of Fidelity. Right. Accumulating the lows. And then when the bull markets come back, then, you know, the herds, the herd who watch Jim Cramer and listen to Jim Cramer will go by. And that's when I'll be taking profits. And I'm sure many of you as well. So once you understand the market cycles, both for stocks, even real estate and obviously crypto, you know, you can make money, folks. And that's what I had to learn. I had to unlearn the mainstream media finance and listening to Jim Cramer and all these things. Right. And study the charts and understand the market cycles and know when to buy and when to sell, because all those things, you have to be a contrarian. Right. You've got to go against your emotions. You've got to go against the herd mentality. And that's hard if, you know, all your life you've been trained to go with the herd. Right. From television and media and all these things, you have to unlearn that. And once you get it, boy, it's pretty sweet. Right. To be able to make a nice return, make nice money. And obviously you've got to diversify. I diversify into different tokens, into stocks. I've often tweeted and sometimes shared, you know, my positions. Recently, I told you guys I bought PayPal because Jim Cramer said to sell PayPal. So I bought PayPal. Right. I know it's not going to be some quick flip. It may I see I may see some nice returns by next year and that's OK. I a am patient investor looking to build wealth for me and my family. So anyway, guys, that's my approach. Let me know what you think. I would love to hear what you guys think about this news. Leave your thoughts and comments below. Hit the thumbs up button. Hit the five star rating on the podcast platforms. Don't forget to check out the merchandise store. Link will be in the description. Thank you for your support. Thank you for listening. And I'll talk to you all later. Thank you.
Mark Levin
New Jersey Sen. Bob Menendez Indicted on Bribery Charges
"And some of the actions happened in New York. But the Southern District of New York, the U .S. Attorney's Office, there is and they can overwhelm any individual or would -be defendant with really unlimited resources. I just want to bring that up again as a point that people may not go ahead. ...the senior U .S. senator from New Jersey and the chairman of the Senate Foreign Relations Committee and his wife Nadine Menendez engaged in a corrupt relationship with Hana Uribe and Davies. The indictment alleges that through that relationship the senator and his wife accepted hundreds of thousands of dollars of bribes in exchange for Senator Menendez using his power and influence to protect and to enrich those businessmen and to benefit the government of Egypt. The indictment alleges that Hana Uribe and Davies provided bribes in the form of cash, gold, home mortgage payments, show a no or no show job for Nadine Menendez. Next thing you know they'll be telling us that they set up some shell corporations. I wonder if they got any money from Egypt. I mean the Biden's got it from Communist China and that's just one of the enemy states and front corporations that were associated with China that they got money from. I'm just pointing this out because I listen to this and this is pretty overwhelming. And then the Democrats say where's the evidence on Biden? Well Biden never took a nickel but his family made millions, tens of millions. It's not like they didn't, they did. And they got gifts and they had access to daddy as vice president. So I'm just sitting here saying to myself okay they're not exactly the
Mark Levin
Mark Levin Reacts to Bribery Charges on Sen. Bob Menendez
"Offices, you're going to hear from one of them. I'm not prepared to hang the guy and his wife based on what the prosecution says. That doesn't mean they're innocent. They can be guilty as hell. It just means I have a totally used to. Because all you're hearing and all that's produced, for the most part, is the legitimate case. Look at these texts we have. Look at these emails. Look at these conversations. Look at all that they've acquired. Maybe so. Maybe they're guilty as hell. I want to make that abundantly clear. But I don't know anything else than what the government has told us and what the media has regretted. I don't know another thing. Nobody does, do they, Mr. Perdition? Let's start. Let's take a listen. Cut one. This is the U .S. Attorney, Damian Williams. Go. Today I'm announcing that my office has obtained a three -count indictment of Senator Robert Menendez, his wife Nadine Menendez, and three New Jersey businessmen, while Elhana, Jose Uribe, and Fred Davies for bribery offenses. The investigation that led to these charges has been run out of the Southern District of New York. The indictment alleges that between 2018 and 2022, Senator Menendez obviously has obtained a three -count indictment. And so I'm surmising that the U .S. Attorney's Office in New Jersey handed it over to the Southern District of New
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
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Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"And permission are, but we charge a lot. But. A gift again. A little bit Rafi, Muqtada, can kind of avoid. Well fuba chisina. Kabat, Gabriel. Sagal in a baranga corina when no Sierra could be cut before no jet. No one knows the secret. I want to let you down for a second. So that you'll see anything I want to let you down if you get to be so deep don't let me go. Have to be more open to feeling more good videos. Like this. Even if you make it up again. So we'll see it even. If you give it up for you. Thank you so many people. Here if you want to make it a little bit more. Good if you want to open your dreams you can see we're going to be looking. At. The new value to me too. I never knew looking. Good. And this is the only. I guess. You can look at. In the game. There will be a real thing that you could. Be a bit. Hope you will be focusing on will be perfect for you. If you don't. Please..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"And audio feed, BBC, the gelatin collective and a little. Gamma virus, while a case and you can occasion a year the moon, a ton, a family. Google your gluten, European, search your time, website of Taylor, while jira baranga. Put a ja challenge geologic. So again, it's a hard cutting. The Dutch is better federal art in murtaugh and Kenya up to Salam. Kurta tokov is a game ta. Syrup. See ya if I'm old they don't know soon I did it yeah I got my juice can taste the cheese if I know you don't feel. You see from all the color soon I did it I got my juice in case you actually don't feel 'cause you see I'm gonna be seeing will you be seeing order me out it's a young do you get the. Singer I enjoy my game and they say you're getting lost in the bay it does it be Melissa I'm trying to get in Brooklyn Carissa and cheaper for joy and money is. But I've been around but I've been on my feet, but I forgot, but I think when I put all the people. We're feeling again looked in my case he said no you do fit your money yeah be your debut one of the I'll be shaken by holding me up the road I'm gonna be. On..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Mu, <Speech_Male> Mani muti, <Speech_Music_Male> <Speech_Male> illegal, federal <Speech_Music_Male> <Advertisement> law, the Dutch <Speech_Music_Male> Egypt barter, <Speech_Music_Male> maldi, <Speech_Music_Male> imagine. <Speech_Music_Male> <Speech_Male> Isn't it? <Speech_Music_Male> <Speech_Male> <Speech_Male> <Speech_Male> True case and if <Speech_Music_Male> <Speech_Male> you <Speech_Male> <Speech_Male> can. <Speech_Male> <Speech_Male> <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Speech_Music_Male> Well in <Speech_Music_Male> the <Speech_Music_Male> case and if <Speech_Music_Male> one knows <Speech_Music_Male> era, I'll <Speech_Music_Male> get two questions. 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Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Only, the better bay, many more TV, a bunch era tokoto. Koni. Yoka, general rules, Malay, exception imitate. Cannabis copy a copy and human knee. The gift again. Adding one more suggestion. Well itchy, the Chan. Garth, the Chan ammo, cinna gaba galactic, imana is Sufi. Adam's barbaric, Johan hulagu, but at MC Ragan, it is a cat, I look. Tura. No one knows the secret. And girls say I'm a white woman. See that losing anything. I can say don't let me go to me every single day we're going to be looking for you. In the end I can tell you more. So we'll see that in the beginning. This city. Won't be broken. Soon. Believe me every day. If you want to make it a little bit. More interesting. You can see what you can look at look at you. Again. Where you want to be. Looking at somebody you see me you're going to. Be so beautiful everything. You need to know. Every. Day I tell you what I do every day every day every minute. Of the day if you want to be here for me for the day if you don't. Believe me..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"When no case sent, the Buffett. I know you love can you see me too I see you'll never know. When he's listening I am a big commercial oh yeah I know still become one thing or anything oh yeah one and I think there's often we don't know nothing too. Are we here but if I live I am a big commercial.
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Sagale ABBA Alan gaudino. I don't want to knock me out so let's say you love it. I go back on that a bit somebody says you think I'll soon I think I'll see you when they don't know what they say at this I'm gonna be one boy take I'm not too Jesus holding bull on my lay on my city so but at least I'll get you to be your dear to me I dunno if you got cold.
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Cut the silk. I'd be too tight Joe. But our July Mercedes. Okay. You don't have to agree. I know my chaotic. I've been worried about. It got run up on me. My love while you're cool little it need a little more love where you could live so you got money deep a little bit sharper when I boot my digital tidy to be sure I'm gonna mark it let me buy the other key you're going to win my dick yeah I need to be sure I'm gonna party we got it but we got everything I got from us. I gotta get support and get something come on. These are the girl you didn't need to my mail throw away I bet I love it when you take things on a life you keep thinking tomorrow 'cause it had to wait till you see what I am I know it gives you what I got no money to know where you live. Dramatically..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Little you're going up my dick yeah I need a bitch I'm gonna party we got it but we got everything I got from us. Why did you not guess I'm going to Marseille put off for too long where you gonna make it go for me go to the diamonds apart they are suddenly what if you do what you do when you done come join a thousand bucks for tomorrow. Now again. When you go to what are you to give you what about 400 fun times I love you baby..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Add my judging. I forget that I need dining car but then you beat I got I need. My knees I forget me for me that I need done for the new beef I got I need. A nearby dog that I need to buy don't want me to be deep and local park my nearby dog I got I decided to buy don't want me to meet these little bars see that one would not do me my love above why too I'm behind you I need I might divide see now I would not do it now.
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Yeah. Oh. Yeah. My dog. You're gone of course. Are you doing. Throwing in your nose? Oh, see through but guess it might be two miles deep. Southern it but now we're lucky we got a hundred other shit gonna suck our lick it but now it started up when I got a hundred I'll cover those shit gonna please be different things it doesn't seem to dance. In my life. But there's a bit of a fancy who danced a couple things. But these. Days. You're better than just. You're after the first time. Yeah but I think. You're one of them. Shut the world away what do not out of me but you know what do I remember about being in shut that do I do where I come with me now do not remember what I found you love your name what do I call you like what can I do for the things.
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Can I have more beta milligram per minute? Can you move out the city? Second time is you're going to move. Second time. Be good at that. Here. The public Ethiopia. So again, thank you. Hey..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Also see the only scene I need for you to make it up to me to see the city. Everywhere. I can see it you can look at me. Again when you look at me. Yeah. But you may have been too close. You can do that if you need something. To be so the only. Everything. You can do. In the game. You can't get to you will be a real. Good. Deal. With me but also what the heck you do will be focused on people like. It. Really. You see you've seen..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"In parallel, the. Habits corpus JD in hill. The king. When those charges ten have done. No one knows the secret. I want to make you laugh again. See that news in the way she wanted to die for her..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Can I have a more bit of milk, but can you move out the city? I give a tote again. Second time is hardware. You can move. Second time. Here. The public Ethiopia. Anymore, as I delete and I connect in the Muhammad. Buenos Aires. And I connected in the Muhammad Sanjay. Buenos Aires. Oh. Man oh yeah oh oh oh oh oh oh yeah oh yeah. I'm gonna leave $1 go down when my leg will turn up come down. On.
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"Lawful. He can intermediate Wikipedia. In parallel, the detergent will. Be corpus JD in hill. The author king. One knows Iraq has sent a charge of ten..
Jimmaa Attorney FM, WAAGJ FM
"attorney" Discussed on Jimmaa Attorney FM, WAAGJ FM
"In all. I mean I can go so you had a good night but see what you need for playing I say the better now we need it, but I need hard to bring my daughter when you're being together so yeah they got nothing but but yeah see what you need to play them like I say the but don't know how I did it to you but I did not bring my daughter. Under it again but do the tears my good boy you're done just jump up like that don't I be my jealousy I find that I put it in my dark yeah. You know the little drive in the underdogs I go, but I said can't be like. Uh oh who are you my wife when you're me by me ain't no more. I need you see I can not fight but see what you need for playing up like a button on what did I do but I need her to bring my daughter when I just. Got nothing done but see what you need for playing guns all I say tell but don't know what to say but I did not bring my daughter when there I go oh. God I can yell at you I'm money that I know. That I do come no dig up just like I need I can see that it goes. Never do good I gotta hope she didn't let you wonder what he said you can't be seen I'll have to wait till I'll fight I won't be my man..