👁Dark Markets Newsletter - Fraud and Crime 'Hardcore' - NYMag "SBF and the Tech Utopians," Fall '25 Crypto OG. X-CoinDesk, Fortune. @WestHamgc. PhD UIowa
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My SBF book is gonna end a few of the careers that haven't been already
So why exactly did Farcaster do a big "we're not a social media platform anymore" when literally everything is exactly the same
Today was a bad day. Bullish, the new owners of my former employer CoinDesk were found to have violated the newsroom's basic editorial independence, and punitively fired three top editors who objected. Sadly I saw this coming when the sale went through last year, because Bullish itself is an extremely suspect firm built in part on a fraudulent securities offering in 2017. I've written a summary of recent events, and of that dark history. Unfortunately, while there are still good people working there, the unavoidable conclusion is that CoinDesk, as it once was, is well and truly dead. https://davidzmorris.substack.com/p/breaking-coindesk-is-dead-heres-who
We have a split verdict in US v. Roman Storm. Mistrial on Money Laundering and Sanctions charges. Guilty on Section 1960, Money Transmission Busimess, fork C. 5 year max sentence, with Judge Failla acknowledging that the charge has many paths to appeal.