Yup, you can make money in three ways. You create it, you steal it, or you can make the government reimburse you. The third one is one that has its own risks. Yet the BBC informs us ‘Customers of failed crypto firm FTX set for refunds’ (at https://www.bbc.com/news/articles/c0qz3dg21vqo) Where we are given “Creditors of the collapsed cryptocurrency exchange FTX are poised to receive up to $16.5bn (£12.6bn) under a bankruptcy plan approved in the US on Monday.” And we get more with “Last year, former boss Sam Bankman-Fried was convicted of stealing customer funds ahead of the collapse and later sentenced to 25 years in prison. The deal will allow former customers to recover a sum worth about 119% of what they had in their accounts at the time of bankruptcy, according to FTX.” As such it seems that these customers get 19% on top of what they had in their accounts. There are ups and downs. We are also given “Some have suggested the repayment in cash will not match the loss of crypto holdings that would be worth far more today had they not been stolen. The value of bitcoin has more than tripled since November 2022.” As such I would surmise that someone went shopping with an approximate 180% of the total of sums. As the outstanding bill was set to “$8bn in customer funds were reported missing, not including debts to investors and others. Mr Ray’s team has since recovered assets worth $14.7-$16.5bn” As such 8 billion was found missing, Roughly double was retrieved and these customers only get 119%? I think there is a stinky fishy smell coming from the realm of banks. They might small consolation that Sam Bankman-Fried is convicted to 9125 days in Hotel Sing-Sing, but that might be merely the impression some feel. You see, the larger premise might be that we are given “the approval of the plan was a “significant milestone” in the firm’s efforts to repay the money to people and firms in more than 200 jurisdictions around the world” but the underlying issue that the BBC seems to ‘ignore’ is that people like Elisabeth Holmes and Sam Bankman-Fried (aka SBM) are given way to much leeway. Holmes was given 11 years imprisonment, where the Guardian on May 8th gave us that her sentence was reduced by two years and four months before original date. As such her sentence is reduced by almost 20%, so what reductions is SBM looking forward to? If is is a similar 20%, he could be out by 2044 and if he plays nice (good behaviour) he might be out even sooner that that. As such we might surmise that crime pays nowadays. And the media will milk these two for whatever they can be milked for.
I was about to look into something that bothered me in Saudi Arabia when news hit me. That news stopped me in my tracks. You see it is 15 years ago today that Bethesda launched Fallout 3. I had never forgotten about that game, I even missed it to some degree. Fallout 3 after Oblivion was a massive step forward and together they were the start of Skyrim. As Bethesda became a Microsoft subsidiary, Elder Scrolls VII: Restoration became lost to them and I started to push that game in parts towards public domain. But there was one part that was never part of this. The introduction and Fallout 3 reminded me on how important the introduction was. The entire introduction is seen in Vault 101. A simple but strong setting to get you into the game, to start the narrative and to give away a clue or two. I had forgotten about that part, I had forgotten on the importance of a start. In Dune (the book) the beginning is given to us as “A beginning is the time for the most delicate care that the balances are correct.” In the 1984 movie we hear “A beginning is a very delicate time” both are correct. I had never forgotten either, but I see that I overlooked parts of that. I didn’t in the movie I create ‘How to assassinate a politician’ or the TV series ‘Keno Diastima’ in both those settings the introduction is the start and the beginning are the connected prequels. There I have that space, in gaming you do not. In Restoration the game in the very beginning reflects back to Oblivion, a game too often overlooked. Bethesda did a really good job (until they became part of Microsoft).
As such there were solutions. As a separate game it becomes a different puppy and that had be going. The entire setting is no longer on the elder scrolls list, as a separate game you need to set a different schooling and I did a dissimilar introduction, but now it becomes a much larger station. So what happens when we create not one, but three introductions? When we create introductions for the choices made we get a new gaming setting. We create a smaller infusion of longevity and that is the first step to LTG (Long Term Gaming) that is the stuff that streamers (Amazon, Tencent Technologies) require. Streaming relies on at least 2-3 LTG games and Microsoft has two, when we take those options away by creating a real LTG, we get a new setting, we deprive Microsoft of revenue, something they desperately need after spending $69,000,000,000. Soon they will be haemorrhaging all over the place and denied revenue is one, the other I keep for later. Those two will push Microsoft over the edge and I am driven to that because they invaded our safe gaming space by pushing THEIR needs on all gamers at the expense of everyone else. That angered me, they did nothing wrong in the legal sense, but they did in the spiritual sense and when Tencent technologies and Indies programming for them get that IP (as I am making it public domain) the Game pass loses value, especially as they denied certain games to be there in year one. The greedy will be served, that is what I always believed and now I am making it a reality. And as Microsoft seemingly invested $13,000,000,000 in genAI there shores are stacking up and a few more bad news (like missed revenue and less customers) will set their doomsday clock to 0:01, which works well for me in this case. As I said once before, I will hand my IP to Saudi Arabia for 35% of the value, before I will let Microsoft near it for 165% of that value and making a lot of it public domain works well for me, I might not get a dime of that, but Microsoft cannot make exclusive IP claims when it was published and that is the part everyone forgets about. You see “Software patents for computer-implemented inventions are treated as typical patent applications and must pass the same tests of novelty and inventiveness.” You see, when something is on the internet or a blog, it fails the novelty test. Microsoft will have to share space and cannot claim anything. I open the space for indie developers and they can go wherever they want to go and with thousands of indie developers in China, Tencent technologies will have an advantage and that mean more trouble for Microsoft.
They were warned, but they were eager to ignore everyone to the request of their board of directors. In the end they lose 5 times over. Apple took the tablet, Amazon the Web systems (AWS), Sony took the console, Tencent technologies is about to take streaming services (GaaS) and Google is biting into their office revenue (not as much as I hoped, but still). Bleeding on 5 sides and I will (hopefully) add two points of pressure. In the end their $82 billion investment will come up short. Yes GenAI is all the rage, but it needs a pedestal to grow from and that pedestal is vanishing fast. I wonder which banks will buckle first. Wall Street is at present obsessed with AI, but soon they will realise that this setting needs a platform top start from and the Microsoft platform is waning that much is a given all over. I wonder how long they will be able to keep the spin up. At some point these banks want evidence and if FTX is anything to go by, a lot of banks are starting to get worried, not in the least by my speculated weights of banks with too much US treasury bonds. We see the news on how 10-year treasury bonds are a green light, but are they really? When that goose sparks a lot of people will be without savings and I fear that that moment is not too far away, giving more added pressure for Microsoft to perform. Consider that the ‘investments’ requires them to make AT LEAST 4 billion just to pay for the interest. Now consider that the media gives us that they made 198.3 billion USD, you would think that this is a no brainer and I would agree. Now consider that they lost 5 times over (6 if you include Bing) to competitors. They are still making some money, but the numbers aren’t adding up. Bing currently has a market share of 3.02%, which is nothing. There are too many cost issues that are not registering as I personally see it. So when we look at the whole picture, they are seemingly bleeding all over and the numbers cause me to show question marks. So am I wrong? I could be, but Microsoft has become too big, everyone is shouting against Amazon and Google, but they stay silent against Microsoft and they just got a new bigger player.
War never changes the premise is sound, but you win the war by changing the stage the other one is stepping on, or you diffuse its support systems and the others all forgot one thing, the population is a support system in this war and Tencent Technologies is about to come into this field, Amazon had options for several years. They squandered it on I know not what. Now Tencent Technologies optionally with Huawei will get a larger stage to work from, all whilst the Microsoft stage is shrinking. As the middle East turned to China, Microsoft lost even more and that is what too many are trying to be in denial of. I wonder what Microsoft loses by the start of 2024, it will be something but I have no idea what they will lose at present.
Two articles came to my attention, all about the same subject. The first one was from the BBC (at https://www.bbc.co.uk/news/business-67161638) where we see ‘Top crypto firms named in $1bn fraud lawsuit’ this article includes the two favourite in the Facebook (or META) realm. They are Tyler and Cameron Winklevoss. There we see the accusations by New York attorney Letitia James who gives us “Gemini, a crypto exchange, had lied to customers about the risks of an investment account it offered, which paid high interest rates on crypto.” To be honest, I have yet to see any honest presentation of digital currency, but that is another discussion and we aren’t having that one today. It was the partial setting “Genesis, a crypto lender, and its parent company Digital Currency Group were also involved in the programme. It was halted last November, cutting off customer access to funds. That came shortly after the collapse of FTX, the cryptocurrency exchange run by Sam Bankman-Fried, who is now fighting fraud charges of his own. Genesis, which had loaned heavily to his companies, filed for bankruptcy a few months later.” You see, the term ‘heavily loaned’ is loaded. How much EXACTLY was loaned to Bankman-Fired? It is the stage of “In the lawsuit, prosecutors said Gemini was aware that Genesis had shaky financials from the start of the programme.” It implies that there was some under the table dealings between Genesis and Gemini. It doesn’t say so outright, but that is what I am picking up on this. So when we get to “Prosecutors said Genesis and DCG tried to hide the situation with financial manoeuvring and false reports, including to Gemini, while claiming publicly that its balance sheet was strong” we see a second cog in action. It is seen with “false reports, including to Gemini” if true enough it could allow Tyler and Cameron Winklevoss play the victim card. We get more emotion as w usually see in these kind of cases, but the chocolaty centre is there. It is when you consider the second article from Financial News London, who (at https://www.fnlondon.com/articles/goldman-sachs-crypto-firm-bitgo-dubai-hiring-expansion-20231023) gives us ‘Goldman Sachs-backed crypto firm BitGo eyes Dubai expansion’. They aren’t related, but when you consider the amount of issues that digital currency has, the stage changes. I reckon that neither Tyler and Cameron Winklevoss or Sam Bankman-Fried would accept extradition to the UAE if they get to be investigated for fraud or something as trivial as misplacing a few billion? So when we get to “The crypto firm, which is headquartered in the US, has applied for a Virtual Assets Regulatory Authority licence to operate in the Middle East’s key financial hub.” I tend to worry. You see, the moment things go pear shaped and they will, there will suddenly be a lot of tug and pull issues with getting extraditions being completed. These people (the three mentioned) will cry foul, will cry victim and they would not want to face Emirati courts. But that setting will come to full fruition when Goldman Sachs will have to face the music, so when we see “We do have some hiring to do in Dubai as well” I merely wonder if people like Mike Belshe have any clue what they are in for. When you see the FTX setting, the crazy setting that now involves Genesis and Gemini the entire setting is a disaster waiting to happen and no matter how many media will play orchestra for alleged criminals, there will be a larger play in motion and as such when the United Arab Emirates will demand the extradition of the board of directors of Goldman Sachs, how many will have left the firm hours before that request hits the tables of the Department of Justice in America (or London for that matter)?
And when you consider that the US and the UAE do not have a formal written extradition treaty, we see why people want to skate on that ice rink, but until America can actually successfully prosecute these people I wonder if it is a good idea to allow this evolution to begin with. I don’t think that anyone in the United Arab Emirates (UAE) is willing to hand over real created revenue to American cowboys in the setting of billion dollar frauds. There is a fool born every minute and the UAE people don’t strike me as fools. Personally I would never allow this to happen, or at least not until we see proper prosecution and a real extradition treaty in place, but that is just me and as always, I could be wrong.
We all have that at times and I am no different. I have had a few ideas and they were merely that, ideas. An idea for Kruger Products to increase their offset by 10% (or more), which sounds ludicrous, I know and it is not because Kleenex bailed out of Canada. It was one thought that painted over another and then a third thought came into play and as such the idea was born. I still think it could work, but not sure how to push it through. Lets be clear, I do not need to push it through, I am on the other side of the planet. Then the idea came for a mobile case addition. Not merely a new mobile case, there are 13 in a dozen, but an addition to every case, all in light of stupid people who lose their mobile phones on planes, in rollercoasters and that list goes on a bit. So, when you consider that the new iPhone 15 PRO MAX is well over $2K, the idea has merit. How long until you no longer have it insured. How long until the insurance companies use these videos to show you do not care for your product like a good father (yes, that is an expression used for over 30 years) and as such nullify your insurance and you will not get back the insurance premium already paid. All these thoughts invaded my mindset. All whilst other things pre-occupy it.
You see, the looming US shutdown and the FTX case involving Bankman-Fried (aka Bankman-Fired) is merely showing me how the media is set to fear mongering, involving as many as they can for the digital dollar and that list goes on. Yet one source, the BBC (at https://www.bbc.co.uk/news/world-us-canada-46927916) gives us beside ‘What happens in a US government shutdown?’, whatever is about to come. Yet I think that this is fear mongering and a last minute solution will be found, but certain people on the republican side will want their pound of meat as well as their 15 minute of camera time. Yet the chance of this going wrong will increase with every iteration of this circus. I mentioned it before. It will not be long until it actually happens. To keep the fear alive and there is supporting evidence (straight from the BBC). You see, we are given “Congress is also not affected – its members are exempt and, in any case, its funding bill has already been approved. The US Department of Justice is among those affected – with many lawyers and judges not working during a shutdown. Others are working without pay.” With the added ““Essential services” – mostly related to public safety – continue to operate, with workers being required to show up without pay.” So, isn’t that called slave labour? And the republicans are steering for this? I am not entirely unsympathetic as the US debt keeps on growing, but this is a dangerous step. The second danger is “A right-wing faction in the House is demanding deep cuts and wants to stop further funding of the war in Ukraine” A republican side that is so driven with greed that they will support Russia in the process, that must be the most un-American part I ever beheld. Yet my mind also thinks that if the world goes this without the US, then the world must ALSO make the US pay. As such it needs to remove import of American products, it needs to shun American services and there are options. It fuels certain EU options (EVROC anyone?) And that is merely one of many. The media is so driven not to look into the US corporations that are STILL doing business in Russia and that list also goes on. There needs to be a price for everything and America will have to pay its pound of beef as well. Greed comes with a price and that price is always higher than one thinks.
To illustrate one small part, the last one in 2019 “The Congressional Budget Office (CBO) estimated that it reduced economic output by about $11bn, including $3bn that it never regained.” Over 36 days that much, never regained. That is the loss people face in a time when they cannot afford anything. So how much longer until the EU nations seek an audience with President Xi? Do not think that this cannot happen, BRICS has grown massively and now that Saudi Arabia is part of that, the EU and the US will face tougher times. The candyman is gone, he has vacated the building and is now part of the Asian collective and that sits well with China, the moment several European nations join that part, America is truly done for. No fear mongering, merely a simple fact that the media is not reporting on, because its stakeholders will not allow that and that is the linked danger. You think the last $3,000,000,000 is much? China now has lucrative construction contracts and lucrative service contracts that span the 5 year horizon (as I personally see it) to well beyond $75 billion, funds that the US can no longer appeal to and that list grows shorter every year. Saudi Arabia and the UAE represent a massive amount of revenue and it is all going towards China and BRICS members. So the idea that the EU members will want to appeal to President Xi is growing larger by the day and that is all linked to the game that Republicans are playing with. A compact combination of greed, stupidity and ego. Winning big in Vegas has better chances than the game we see now and the media is keeping you all in the dark.
The media stakeholders are that powerful now and it is all for the larger good, but the good for who? A few hours ago I saw ‘BRICS Countries Dump $123 Billion in U.S. Treasuries in 2023’ (source: Watcher Guru). First of all this is unverified news and I only saw one source, but if this is REAL news and the other media is shunning this fact, we see two parts. The first is that the media is losing credibility fast, the second is that the US is facing more and more hardship. That being said, I have no idea how reliable Watcher Guru is, so be careful what you take for gospel without decent verification. I am not accepting the news, but the setting would be what any tactical party (especially BRICS) would do to make things hard for America and BRICS includes Russia AND China, so make from this what you want, yet that too relates to the Republicans wanting to side with Russia AGAINST Ukraine, as such that step makes less and less sense with every hour I see news articles pass by. Perhaps we should call them the Republittlecans?
No matter how you slice these events, the Anti-China acts buy the US is driving the EU members into the arms of China, an outcome they apparently did not see coming. If they did these steps seem extraordinary stupid to me. Yet my mind is merely turning trying to create more ideas as I go along with whatever silly events is happening around the corner.
The mindset can get confused, also the mindset of any focussed person. Confusion sets in when the data that it registers (reads) becomes conflicting on several levels and as I personally see it the involved stakeholders are creating more confusion in the process of hiding news others do not want you to see. You might think the Watcher Guru is such news and I would doubt it too as it is merely one source, but this is nowhere near the first time and other news has been hidden or trivialised for well over a decade now and the people are starting to catch on all over the world they are catching on that the media has lost credibility all over the place.
That was the realisation that I got today. The reason that I had that thought was a BBC article. The article (at https://www.bbc.co.uk/news/business-66747694) gives us ‘Another FTX executive Ryan Salame pleads guilty’. It is there that we find “He agreed to surrender more than $1.5bn (£1.2bn) to authorities. The pleading comes ahead of the October trial of FTX founder Sam Bankman-Fried.” I had issues from the very beginning, the total lack of checks and balances were the first hurdle I saw avoided by too many. The fact that someone can just push over a billion dollars out of the way is what I personally regard a first piece of evidence. That in itself does not warrant my thought that America is for criminals. That is seen with “authorities said they would accept $6m, two properties in Massachusetts and a 2021 Porsche as part of the plea deal, according to Reuters.” That is the deal for criminals. Fail your criminal empire, you get millions, two houses and a Porsche, that is nice too, not? Has anyone gone insane? That I the way you hand over the keys to criminal empire makers and no matter how you think it goes. The station of crime pays in America. My question becomes what did after former Alameda chief executive officer Caroline Ellison, former FTX technology chief Gary Wang and former FTX engineering chief Nishad Singh get? The setting of such a deal that they all get some plea deal with houses and millions is just too sickening to my stomach. In the end we have one month to go until we find out what happens to Mr Bankman-Fried (or Mr Bonky-Fired as I call him). I wonder what plea deal awaits him. What option do they offer him as he was too confused for matters. Perhaps it is the the crypto currency what drove him insane, it gave too much imbalance to whatever medication he was on. prosecutor Damian Williams, US attorney for the southern district of New York gave us “Ryan Salame agreed to advance the interests of FTX, Alameda Research, and his co-conspirators through an unlawful political influence campaign and through an unlicensed money transmitting business, which helped FTX grow faster and larger by operating outside of the law,” Yet I wonder not what was said there, I wonder what was possible to set the station to advance criminal intent within the law, that is the stage that is connected and it is the parts that is not drilled on. Yet, that is pure speculation from me.
The fact that billions went awry is still matter for the court, because that is the stage that is perhaps largely ignored. I personally see it as an absence of checks and balances. And yes, I could be wrong here. But when you consider the way that billions were moved from left to right, from the US to untouchable to the US is still matters to consider and with proper checks and balances this should not have been possible. So in the end, is America merely a place for criminals and greed driven people now? I will let you ponder that, but remember that the plea deal here included millions, a luxury car and two houses. That person will be allowed to live in a style that well over 98% of Americans will never know. Consider that part of the equation too.
Enjoy you weekend without millions, a Porsche and two places to live.
Yup, it is all about the digital manure as some would say. This all started last night when the BBC gave me (at https://www.bbc.co.uk/news/business-65935263) ‘Binance exits Netherlands and faces France probe’. This sounded strange because exiting one nation in the EU sounds pointless to me, so what was going on? The article gives us “It follows the announcement of the company’s departure from the Netherlands after it failed to obtain a licence from the Dutch central bank.” OK, no biggie. It was “In a statement Binance confirmed French authorities visited its offices last week and will comply accordingly. “We had an on-site visit last week by the relevant authorities. Binance, as always, was fully collaborative and we met our obligations accordingly. We continue to work closely with regulators and law enforcement agencies on all ongoing compliance requirements to uphold high standards,” a company spokesperson said.” Still, not an issue (at present) but the BBC article had me piqued, as such I started to make a search for Binance and the issues started to rise. In order of timeline, I got (at https://www.cnbc.com/2023/06/16/binance-france-chief-brushed-off-concerns-days-before-police-visit.html) an article by CNBC, where we see ‘Binance France chief brushed off concerns days before police visit’, which sounds like a nice party-line, but I am not buying it. You see “the crypto exchange’s top French executive dismissed concerns about U.S. regulatory charges affecting Binance’s other operations, comparing them with the flapping of a butterfly’s wings.” Is that so? You see yesterday’s news was not wholly interesting, yet only hours ago (at https://www.forbes.com/sites/digital-assets/2023/06/17/binance-escapes-asset-freeze-in-exchange-for-a-raft-of-restrictions/) we see ‘Binance Escapes Asset Freeze In Exchange For A Raft Of Restrictions’ with the added text “The U.S. subsidiary of cryptocurrency exchange Binance has avoided an asset freeze that would have made it impossible to do business, but it has agreed to burdensome terms to keep operating during a civil case brought by the Securities and Exchange Commission that charged the company with evading “critical regulatory oversight.”” We now have a party. So where is that Hudie flapping? If they are referring to the SEC, it is not a butterfly, but a dragonfly hungry for substance. And lets be clear, all these accusations do not make for an issue. The SEC accuses people all the time (more often than not justified), it is the combination of the Dutch, the French and the American SEC that gives light to something going on. You see, we can make assumptions and I would too. It is “Given that Changpeng Zhao and Binance have control of the platforms’ customers’ assets and have been able to commingle customer assets or divert customer assets as they please, as we have alleged, these prohibitions are essential to protecting investor assets.” That sounds familiar. It gets too close to Sam Bankman-Fried and the FTX. As such was there an issue, or was the SEC scared it had another issue potentially coming up? I cannot tell as I do not have all the numbers and data, but I was surprised that I saw in seconds hat none of the media seemed to have. Even with all the speculations, no one seems to be on that horse. I might be all wrong, but there is too much in common to ignore it. Even if it is only to follow through and find that this was NOT the case. That is what I would have done and no Fox with their wannabe dictator statements comes anywhere close to this. So what gives?
Well, the Federal case against Sam Bankman-Fried with “Federal prosecutors in New York said they would drop several criminal charges, at least for now, against disgraced crypto executive Sam Bankman-Fried if the judge agrees to try him later on those charges.” (Source: ABC) is losing momentum, as such they aren’t willing to fail twice in a row, it makes them look bad.
Yet is that the case? It is from my point of view and I am not disagreeing with CNBC who gives us “Prinçay insisted Binance’s US assets were separated from the international exchange, an assertion also made by the exchange’s legal team. The U.S. Securities and Exchange Commission, which charged Binance last week with 13 securities charges, disagrees, arguing that Binance user funds are at “significant risk” of flight due to founder Changpeng Zhao’s alleged ownership of an interlocking set of Binance-related companies.” But there are cogs within cogs and as I do not comprehend the machine, I will give different values to some cogs of that machine. The fact that the media isn’t looking too hard gives me the idea that they do not comprehend that machine either. So is there an issue with Binance? I think there is, but I cannot tell whether anything illegal or any criminal issues are actually in play, that matters as we are nations of laws and the law sets out what is to be and what is not to be done.
The issue becomes larger when you consider Forbes giving us “In a June 6 motion asking the federal court for the District of Columbia to freeze the American subsidiary’s funds, the SEC said it was seeking to ensure the safety of customer assets at the U.S. operations given the companies’ “years of violative conduct, disregard of the laws of the United States, evasion of regulatory oversight, and open questions about various financial transfers and the custody and control of Customer Assets.”” And this is where the party (which I mentioned) started. You see the CNBC article is less than 24 hours old and Forbes mentions events from June 6th, that means that CNBC should have been on the ball and they apparently are not. In addition we see ‘years of violative conduct’ which is a BS argument. If there were violation it becomes criminal and they should not be in business at all, if not it is posturing which goes nowhere opting a movement from Binance to seek compensation for lost business, all in all some parties are not aware what the hell is going on (including me). I understand and accept that the SEC does not do things lightly, but is that because the US is broke? Or is that because they do not have a firm grip on the Crypto laws and settings on what is valid (read: legally allowed)? Your guess is as good as mine. What mattered to me is that the Dutch Central Bank refused licences and that counts, it implies that whatever Binance is doing is not all on the up and up (my speculated view) and the French visits are supporting that. Yet the media should have ben on top of this since June 6th and some were, but the rest were not. They are too busy calling an elected president a wannabe dictator. This is what the media has come to. For whose benefit? You tell me.
I will keep a lookout on this, just as I am on that FTX Bankman-Fired person, who is now facing two court cases. So, what’s next? Well, I will snore deep into the final part of the weekend, tht’s is how I roll this weekend.
Yes, it is me on THAT horse again, and with the media giving their digital dollars preference towards Andrew Tate, it seems that I need to go on another headhunt. Yet first I need to give you the real part that was as far as I could tell ONLY given to you by News dot com dot au weirdly enough. Here (at https://www.news.com.au/lifestyle/real-life/news-life/being-a-controversial-figure-is-not-a-crime-andrew-tates-lawyer-defends-jailed-influencer/news-story/f361ecc354b8de15a09f37bc54e22f74) we are given “Tina Glandian, defending the pair, said they should be presumed innocent until proven guilty as no charges have been laid. She said on Piers Morgan Uncensored the brothers have been subject to “huge injustice” after their arrest on December 29.” So, for over two months a person was held in prison without being charged. Where is that sanctimonious court in Strasbourg now? This is a simple fishing expedition and there is now the optional chance that the Romanian law is aiding organised crime. You see, I reckon that they are all furious that some kickboxer got his foot in the legal stages of whatever business they are in and they ended with $700,000,000. That is a real setting and I am persuaded to think that this is not cool and not clean. I get that a person is held for a week until charges come, yet in this case it has been over two months and three more weeks to go and there are no charges at present. Why is that?
Then we see the mention of “falsely claiming to want a relationship”, yes that is claimed but that setting also fits over a billion teenage boys hoping to put their erection in a vagina. How many of those were arrested? Then we get “Romanian prosecutors launched their investigation last March after one of the brothers allegedly raped a trafficked woman”, so they are not arrested for trafficking this woman, but ‘merely’ for allegedly raping her. This is a classic he said, she said issue in court. It does not mean that this did o did not happen, but the stage is that they have been in jail without charge and that is the ballgame. A ballgame that is set up but for the benefit of who?
Then we get to the BBC article (at https://www.bbc.com/news/world-europe-64523028) which is more blahblahblah with mentions of the early years and how they made millions in 7 years. We are also given “Talisman Enterprises makes its money from web portals, according to official Romanian records. It hasn’t posted a profit since 2017”, OK. That sounds nice, but didn’t Donald Trump do the exact same thing in the US? How long has he been in prison? I reckon that the answer is 0 seconds, making this setting even less just and even less acceptable, but Strasbourg is not making a noise, why not?
And then there is the Guardian, they really made a mess this time around. The article (at https://www.theguardian.com/society/2023/feb/02/andrew-tate-twisted-ideology-infiltrated-british-schools) giving us ‘how Andrew Tate’s twisted ideology infiltrated British schools’ where we see “Children are not only mainlining Tate’s toxic social media content, which has resulted in him being banned from most major platforms; they are also tracking his progress through the Romanian criminal justice system, where he and his brother, Tristan, have been remanded in custody until 27 February while investigations continue. An appeal against their detention was rejected yesterday. They deny all the allegations”, and here I get to be a little insulting. So Sally Weale, where were your tits when it came to Elizabeth Holmes? Where were you when she was found guilty on four counts of defrauding investors – three counts of wire fraud, and one of conspiracy to commit wire fraud? Where was the Guardian interviewing the Whistleblower Tyler Shultz? Thanks to him this was stopped, but not before six hundred million ended up being lost. So where is the indignation there? Where is the indignation regarding Sam Bankman-Fried? OK, he is still being investigated, but there is a clear issue with someone finding $5,000,000,000 that they allegedly lost. I checked my sofa at least 20 times. Not a billion. Hell, I would be over the moon with 100 million or massively happy with a mere 25 million, but no way Jose, the sofa did not hide any green papers. Nor did my desk for that matter. So what do you think happens when you misplace billions? In all this Andrew Tate hasn’t even been charged yet. One is convicted and her subtle side-road of getting a one way ticket to Mexico was largely ignored by the media. Not enough digital dollars there? And the amount of silence we see around Sam Bankman-Fried is even less acceptable. But the Tate’s, no, they represent digital dollars for too many media outlets and that comes first, the hard truth or the actual and factual news be damned.
I have several issues and the media remains number one, the fact that the Guardian is seemingly digital dollar driven is becoming an increasing disappointment on several levels, but that is me and perhaps I am wrong. You go seek the factual news and you tell me.
We all have such moment, we are given some parts when things go wrong, this happens, but to the degree we see at present, does it make sense? I think that it is clear that there is almost no one left on the planet who has not heard the name ‘Sam Bankman-Fried’, the media has been bringing it like Jesus of Nazareth was the second coming of this individual. It was only three weeks ago when we were given ‘FTX TO LAUNCH ITS OWN STABLECOIN SOON, SAYS SAM BANKMAN-FRIED’, there we see “The fresh capital injection, which is still subject to negotiations, would keep the crypto conglomerate at the same valuation it had landed after a $400 million funding round back in January. At the time, the cryptocurrency exchange founded by Sam Bankman-Fried was valued at $32 billion. According to leaked financial documents, global trading revenue generated by FTX hit $1.02 billion in 2021, having increased more than 10 times from the $89 million recorded in 2020. Additionally, FTX’s operating income swallowed $272 million throughout last year’s bull run from $14 million a year earlier. FTX saw net income of $388 million last year, up from just $17 million in 2020” and there has been too few questions, no one was looking into matters. Just like the issues surrounding Jack Dorsey. The media had forsaken its duties. It’s like all the paparazzi’ were heralding a 42nd crack maiden as she was giving out free blowjobs to anyone coming along. They had no problems slapping Elon Musk, because he was too arrogant, he was evil. The media had forsaken its duties to the largest degree. To properly inform us and it was at that point when someone informed me of a Dilbert comic. I know off Dilbert, but I do not religiously follow him. I have a book with Dilberts, but that book is at least 20 years old. So I had to look him up and I placed him below.
So here we see what I have been telling you for years, but the person was onto something. If we are to accept the wisdom of Scott Adams, the ‘We’ in the second image represents governments, corporations as well as media interests? It is the last one that was a little forgotten. Not by me, but I was equally not s inclusive as I had needed to be.
This part becomes clear when we see the Australian Financial Review (at https://www.afr.com/technology/ftx-came-dangerously-close-to-upending-futures-markets-20221117-p5bz5m), there we see ‘FTX came dangerously close to upending futures markets’ with the added “FTX’s ambitions were grandiose: It wanted to carry out every aspect of customers’ crypto derivatives needs on its own, using algorithms rather than brokers to help clear trades”, you think this is it, but it isn’t even close. Yet it lifted the veil and gives us the question “Why was the media asleep?” Things of these nature get noticed and the media was not asking questions. It goes from bad to worse when we see the Guardian giving us ‘Why were so many smart people so dumb about FTX? Did they seriously just like Sam Bankman-Fried’s ‘vibe’?’ (at https://www.theguardian.com/technology/commentisfree/2022/nov/15/why-were-so-many-smart-people-so-dumb-about-ftx-did-they-seriously-just-like-sam-bankman-frieds-vibe-), it is actually a much better question than you think it is. The ‘vibe’ part is indicative and subjective, but the setting of smart people being dumb is central. The media is allegedly supposed to be smart and they never saw it, they never investigated. Was it them or their shareholders, their stake holders and their advertisers that could not stand the sight of critical questions? The fact that I found 6 billion that Google and Amazon overlooked implies they are merely reckless, shortsighted and only optionally stupid. But tell me what company goes around ignoring 6 billion in revenue whilst they are getting ready for recession dropping employees left, right and centre? Then we see the subjective part “The collapse of the cryptocurrency exchange will cost investors billions. But why would anyone give money to a man who plays video games in important meetings?” There is a dangerous stage here. They are not wrong, but it also implies that the important meetings are egocentric. I found 6 billion through video games, in addition, I knew WHERE to look. It implies that these so called important meetings are important to some and not others. Are they therefor important? And we get more information when we see “It seems, however, that FTX was doing some very dubious things: namely, furtively shifting customer funds to Alameda Research, a firm also operated by Bankman-Fried, which then gambled them away on risky trades. Instead of becoming the world’s first trillionaire, SBF saw his net worth plummet from $16.2bn to about $3 overnight. Former US Treasury secretary Larry Summers has likened FTX’s collapse to the Enron scandal, saying that from the reports, there were “whiffs of fraud” about it.” And the information we get is not about SBF or FTX, it is that the media fucked up, it massively fucked up. Who in the media started to look into Alameda Research? How much of the $6.2 billion was lost by the time someone woke up? All questions that the media will not look into or shed light on. Too many got burned by Leveson and when we illuminate that the media has more priority towards digital dollars than to inform the people on events, it is at that point that the people will demand investigation of the media and that scares them. Like fucked up Chihuahua’s they will cry the freedom of the press and the fact that they can police themselves, yet there are enough indications that there is no freedom of the press, there has not been for quite some time and the final push is seen through the BBC (at https://www.bbc.co.uk/news/technology-63662396) where we see ‘New FTX boss condemns crypto exchange’s failure’, a stage that happened 13 hours ago where we are given “The firm filed for bankruptcy in the US last week and, in court filings, Mr Ray said he had never “seen such a complete failure of corporate controls”. Mr Ray, who replaced Sam Bankman-Fried, also criticised a “complete absence of trustworthy financial information”.” In a stage that is a mere three weeks old we see someone from second coming to financial terrorist getting nailed to a cross. And when we realise that this is a stage that was 3 years in the making and the media ignored too many signals and it is time to demand answers. So called idiots making environment claims a mere two days go with “30 newspapers and media organisations in more than 20 countries have taken a common view”, how about you do your fucking jobs and report the news, the actual news, not filtered information!
That setting has been clearly out in the open, but the media does not investigate itself and we are now at a point where the people ned to hold the media to account. When we are given by the BBC “Mr Ray also criticised what he said were “erratic and misleading” public statements by his predecessor. Mr Ray said that FTX had concentrated control in the hands of a “very small group of inexperienced, unsophisticated and potentially compromised individuals”, and that it did not maintain centralised control of its cash. Instead, he said, there was an “absence of an accurate list of bank accounts and account signatories”. So far he said it had been possible to locate “only a fraction of the digital assets” held by the firm.” All this whilst the media was praising some crypto brat like he was evangelising the new economy, and there were no checks, no balances and the media was nowhere to be found. A place like FTX made over a million victims, lost over $16,000,000,000 and the media was nowhere to be found, oh yes, when the carcass was out in the open for everyone to take a bite from, but such numbers aren’t created in a day, there was a long stage of planning and the media was nowhere to be found. Why not?
In light of all the stupidity I see there is now a decent stage where people should consider handing their IP over to China and hope for the best, because our system made a righteous mess of it all and that kind of damage does not happen overnight, it requires the media to forsake its duty to a massive amount. And this is not one media, it is the bulk of them. And my view? When the BBC reports “Meanwhile, Mr Bankman-Fried has told the Vox news website that he regretted filing for bankruptcy.” Vox? And the NY Times, LA Times, Washington Post, Boston Globe, Times, the Guardian and others aren’t wondering why the Vox got that little part and none of the others are all over the Crypto Brat? Makes you wonder what else they aren’t looking at, not?
Lawrence van Rijn - Law Lord to be 