Prediction: SBF is going to be suicided.

In these DM’s with a reporter, Sam Bankman-Fried admits to, at a minimum, committing money laundering, wire fraud and conspiracy to commit wire fraud.

https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropy

I never knew that he pronounces his own name DeeSantis

https://www.washingtonpost.com/video/politics/campaign-ad-2012-sponsored-by-desantis-ron/2012/08/13/532be85c-e582-11e1-9739-eef99c5fb285_video.html

The existence of informants is not the exculpatory legal bombshell that many on the right are making it out to be.

https://www.zerohedge.com/political/feds-had-informants-proud-boys-and-oath-keepers-j6

I don’t trust people with this many symptoms of early-onset low testosterone.

And I don’t trust anyone who cannot even speak for one minute and fifteen seconds straight without the use of jump-cuts.

Ask former SEAL Team 1 operators about what they thought of DeSantis as a JAG in Iraq.

Yes, that’s correct. Any questions?

With the 1978 Supreme Court ruling, Marquette National Bank of Minneapolis vs. First of Omaha Service Corp, the United States Supreme Court said that if a company is physically based in a certain state, it is that state’s usury laws that apply, even with customers based in another state.

Banks were struggling to make money in the credit card business because the cost of capital was very high at the time. But with this landmark decision, banks could export the high interest rate that one state allowed to all the other states where they do business.

This is why your credit card statement almost always has a return address in South Dakota or Delaware, where the maximum allowable interest rates were very high at the time, if there were limits at all. Hence why Sioux Falls has one of the largest post offices in the world.

With that precedent in mind, if I were in charge of a state facing fiscal challenges, I would immediately pass sweeping financial deregulation.

Call it the “Louisiana Financial Services Reform and Transparency Act of 2023.” And promote the bill under the banner of of “consumer protection” to capitalize on the of the recent collapse of FTX and build support from the public.

Then I would very tactfully attempt to create case law that enables the local securities laws of that state to be exported to every other state, in the same same way that usury laws are.

In doing so, that state would of course need to make sure that their new financial reform bill is still reasonably consistent with the overarching federal law governing securities. This part would be quite involved, but not impossible. If worse comes to worse, the state could simply refuse to enforce or cooperate with the enforcement of those federal laws which contradict their state’s law, in the same way that certain states currently do with many drug laws.

This is a very straight forward plan and would make any state who managed to pull it off a massive hub for America’s financial services sector.

If the residents of your state are going to fall victim of operations like FTX, it makes sense for your state to profit from the operation being headquartered locally prior to going bust, rather than handing over all the profits and jobs to places like The Bahamas or Dubai.

Plus, if they’re headquartered locally, attracted by your state’s lack of regulation, it’s much easier to oversee them and step in to stop abuses when they do take place.

Chasing these outfits to The Bahamas by having overly burdensome regulation on the books helps no one except for the Bahamians.

The Jacob Wohl Show, Ep. 23 — Kid Gloves: Media coverup of FTX, "Russian Missile" fake news and more

https://youtu.be/KTcT_ups-YQ

I would love Madison to release names about those coke orgies he talked about. You know McCarthy was totally behind torpedoing his race!

I keep hearing some version of the following on conservative commentators: “The FBI says that the Proud Boys and Oath Keepers each had seditious conspiracies in place prior to January 6. And we now know that the FBI and ATF had 8 informants within the Proud Boys and Oath Keepers. So why didn’t the FBI stop January 6? They wanted it to happen!”

Like most fanciful conspiracy theories, this one is unlikely to be true. Here’s the much more likely explanation: The informants did not have the placement required to glean any useful information about the alleged ongoing conspiracy, and thus couldn’t provide it to their FBI handlers. Or the informants simply chose not to provide the information to their FBI handlers. Most likely, some combination of both of these explanations applied across the field of 8 informants.

These same commentators also continually conflate the terms Confidential Informant (CI) and Undercover Agent (UC). Obviously these are very different things.

CI’s are often poorly placed, but inflate their importance to get money or special treatment. And they often provide untrue information or make material omissions. When this happens, they’re rarely charged with obstruction, because doing so would compromise ongoing investigations and reveal sources and methods. And besides being poorly placed, CI’s will often hold back important information or provide untrue information. Once again, CI’s are NOT undercover law enforcement officers.

This post isn’t a commentary on the guilt or innocence of those targeted by these investigations. It’s simply a clarification of the nomenclature and procedures involved.

Cory Booker wrote a sentencing letter to the judge in support of Elizabeth Holmes.