Newsletter: As he builds US power, Justin Sun fights to control his story A crypto billionaire who once feared arrest in the US is now a Trump business adviser. His lawsuit against Bloomberg reveals what he doesn't want Americans to know about his crypto fortune.

Senate Banking Chair Tim Scott applauds the crypto industry for "getting rid of [Ohio senator] Sherrod Brown." "Literally the industry put Bernie Moreno in the Senate."

the more i read contemporary crime novels the more i'm tempted to start a consultancy for crime fiction novelists who incorporate crypto into their writing this must be how doctors feel watching medical dramas

The “agreement” Justin Sun says should prevent Bloomberg from publishing the amounts and types of crypto assets he holds seem extremely shaky to me (caveat: I’m not a lawyer, some images are missing).

Justin Sun has filed a lawsuit against Bloomberg, claiming they plan to “recklessly and improperly disclos[e] his highly confidential, sensitive, private, and proprietary financial information,” obtained while to verify his assets for the Bloomberg “Billionaires Index”.

oops, i said “fuck” in the newsletter again

Newsletter: The Trump administration cracks down on software to limit surveillance of crypto transactions, while celebrating a “deregulatory blitz” tailored for its billionaire benefactors

New @Public_Citizen report: The Trump admin is deleting enforcement against Big Tech lawbreaking amidst the industry's BILLION-dollar influence efforts. Turns out in Trump's techno-swamp, tech insiders are immune & "tough on crime" rhetoric is just for punishing the poor.

In ShopTalk (), Chris and Dave talked about my recent post about RSS, and the curation challenge posed by RSS when you mix together high-volume feeds like The Verge with more infrequent posters (solo bloggers, etc).

August 7: Stablecoin issuer Paxos reaches $48 million settlement with New York financial regulators over due diligence, anti-money laundering failures August 11: Paxos applies for national trust bank charter 🙃