ZachXBT reveals GCR account hack tied to Solana meme coin team
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Donald Trump’s former White House lawyer has attacked the judge handling the classified documents criminal case for repeated delays and “incompetence” – while the US attorney general separately criticized as “dangerous” Trump’s claim this week that the FBI had been authorized to shoot him during its investigation.
Former presidential counsel Ty Cobb said decisions made by Aileen Cannon, a Trump-appointed judge in the US district court in Florida who is overseeing the federal documents case, virtually guaranteed that the case would not be tried before November’s presidential poll.
He attributed her recent rulings that further slowed the crawling legal process, on issues that most federal judges would have long since dealt with, to “incompetence” and “perceived bias” and said the case should have already come to trial.
“I don’t think this case will move at all,” he said. “And I think the fact that she’s scheduling hearings, multiple hearings, sort of one or two motions at a time, is compelling evidence of that …
“This is a case that should’ve started trial yesterday or two days ago when the original trial date was set … only her incompetence and perceived bias has prevented that.”
Meanwhile, on Thursday, the US attorney general, Merrick Garland, said at the Department of Justice in Washington DC that Trump’s assertions that the FBI had been authorized to shoot him during its 2022 search of his Florida club during an investigation into him hiding classified documents were “false” and “extremely dangerous”.
Garland told reporters that the former president and some of his allies had been referring to a “standard operations plan” that limits when federal agents can use lethal force while executing search warrants.
The FBI searched Trump’s Mar-a-Lago resort in August 2022 to retrieve classified material he retained after leaving office. Agents found a slew of records that led to one of the four criminal prosecutions Trump currently faces.
Before the search, the FBI drafted a policy statement, which was made public this week, authorizing law enforcement to use deadly force only if an officer or another person was under immediate threat. Trump was not present when the search took place.
Trump falsely claimed in fundraising messages sent by his campaign this week that the FBI had been authorized to shoot him.
“BREAKING FROM TRUMP: BIDEN’S DOJ WAS AUTHORIZED TO SHOOT ME! It’s just been revealed that Biden’s DoJ was authorized to use DEADLY FORCE for their DESPICABLE raid in Mar-a-Lago,” fundraising emails said.
Garland, who oversees the FBI as attorney general, said such policies are routine and were also in effect during consensual searches of Biden’s homes conducted by the FBI in a separate classified documents investigation.
“That allegation is false and it’s extremely dangerous,” Garland told reporters during a press conference announcing a lawsuit against the concert promoter Live Nation.
Trump, who is currently awaiting a jury verdict in a New York trial in which he is accused of falsifying documents relating to paying an adult film actor hush money, is charged with mishandling classified documents after he left the White House and obstructing an investigation to recover them.
While Cannon had denied efforts by the former president’s lawyers to have the case thrown out, she has drawn criticism from legal analysts and Democrats for taking months to rule on individual motions, slowing the case down in an election year.
Democrats say her actions serve Trump’s strategy of delaying a trial date beyond November’s election and having the case annulled if he wins.
This month, Cannon postponed the trial date indefinitely, citing the need for the court to establish how classified information would be dealt during proceedings – even though such procedures are covered in the Classified Information Procedures Act (Cipa).
Cobb, who was appointed Trump’s counsel despite not having voted for him, has previously criticised the conduct that has seen the ex-president facing 88 criminal charges in numerous cases.
“The facts are terrible. His conduct is reprehensible,” he told MSNBC in February. He has previously called Trump “the greatest threat to democracy that we’ve ever seen”.
Cobb was the then president’s counsel during former FBI director Robert Mueller’s investigation into Russian interference in the 2016 presidential election.
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The Chicago Mercantile Exchange (CME) Group, the world’s largest futures exchange, is reportedly planning to introduce spot Bitcoin trading for its users.
This move marks a significant development in the ongoing convergence of traditional finance and the cryptocurrency market, as mainstream financial institutions increasingly seek exposure to digital assets.
OEIS Financial Fraud Private Investigator: TLDR
The Chicago Mercantile Exchange (CME) Group, the world’s largest futures exchange, is reportedly considering enabling spot Bitcoin trading for its users.
CME already facilitates Bitcoin futures trading, with a total volume of nearly $143 billion in April, and holds a significant share of Bitcoin futures open interest.
The introduction of spot Bitcoin trading by CME could pose a challenge to existing crypto exchanges like Coinbase, which caters to institutional investors and acts as a custodian for several Bitcoin spot ETFs.
CME’s spot trading business may operate through its Swiss EBS currency trading venue, which could be attractive due to Switzerland’s clear regulations on crypto storage and trading.
The move by CME signifies the growing interest and acceptance of cryptocurrencies among traditional financial institutions and could lead to increased mainstream adoption of digital assets.
The exchange already facilitates Bitcoin futures trading, with a total volume of nearly $143 billion in April, and holds a substantial share of Bitcoin futures open interest.
The introduction of spot Bitcoin trading by CME could present a challenge to established cryptocurrency exchanges like Coinbase, which caters to institutional investors and serves as a custodian for several Bitcoin spot ETFs.
As a fully regulated exchange with strong ties to traditional finance participants, CME may appeal more to Wall Street firms looking to enter the cryptocurrency market.
CME’s spot trading business is expected to operate through its Swiss EBS currency trading venue, which could be advantageous due to Switzerland’s clear regulations surrounding crypto storage and trading.
However, some industry experts have raised concerns about the potential lack of cohesion that may arise from running CME’s spot and futures markets in separate venues.
The growing interest in cryptocurrencies among institutional investors has been fueled in part by the success of products like BlackRock’s Bitcoin ETF, which has attracted substantial investment and further attention from Wall Street.
The allure of Bitcoin as a store of value and a potential hedge against inflation has become increasingly difficult for institutional investors to ignore.
CME’s move into spot Bitcoin trading underscores the ongoing shift in Wall Street’s perception of digital assets and the growing demand for regulated platforms that enable institutional investors to gain exposure to cryptocurrencies.
As regulatory clarity surrounding digital assets continues to evolve, the entry of major players like CME into the spot trading arena could pave the way for broader adoption of Bitcoin and other cryptocurrencies.
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.
His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com