markahays.bsky.social
@markahays.bsky.social
Reposted
Quid pro quo between cryptocurrency firms, the Trump administration, and the Trump family’s crypto ventures.

www.followthecrypto.org/quidproquo
June 18, 2025 at 11:56 PM
Reposted
🚨New reporting from @thelever.bsky.social pulls back the curtain on a back door Signal chat between the Democratic insiders and crypto lobbyists pushing the GENIUS Act:

Dems are backing the bill while privately acknowledging it benefits Trump's corrupt self enrichment.
June 17, 2025 at 4:36 PM
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Ben remains A Real Fucking Dude, and I hope this gets out there.
Ben McKenzie Made One of the Best Documentaries in Years. Will Anyone Get to See It?
The ‘O.C.’ heartthrob’s crusade against crypto continues with ‘Everyone Is Lying to You for Money.’ But in a crypto-friendly climate, finding a distributor may be a challenge.
www.texasmonthly.com
June 17, 2025 at 7:33 PM
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"A secret group chat reveals that Democratic strategists plan to support the pro-crypto GENIUS Act for political gain, despite acknowledging it’s a Trump corruption giveaway."

What Sen. Dems are up to as Trump/regime unleashes hell on ... checks notes ... Dems & communities/states they represent.
Dems’ Crypto Schemers Have Entered The Chat
A secret group chat reveals that Democratic strategists plan to support the pro-crypto GENIUS Act for political gain, despite acknowledging it’s a Trump corruption giveaway.
www.levernews.com
June 17, 2025 at 4:42 PM
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Says the junior Democratic Senator from New York - who is fighting hard to pass a shady crypto bill to help ... MAGA billionaires.
Our kids deserve elected officials that will fight for them — not for billionaires. Senate Democrats are standing together to protect the health care and nutritional programs American families rely on.
June 16, 2025 at 8:59 PM
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Former Obama Campaign Manager and Harris Campaign Senior Advisor David Plouffe has been announced as the latest member of crypto giant, Coinbase's "Global Advisory Council." This is another example of a DC insider cashing in by selling their influence to the highest bidder
Democratic strategist David Plouffe to become Coinbase’s newest adviser
The former aide to Kamala Harris and Barack Obama is jumping into an industry tightly embraced by Donald Trump.
www.politico.com
June 12, 2025 at 5:11 PM
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Special shout to Rep. Richie Torres, who scolded the SEC for not suing Binance fast enough when Binance competitors wrote talking points for him, but who has gone silent now that the case is dropped.
May 29, 2025 at 10:07 PM
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It’s been two weeks since Coinbase disclosed its data breach, and so far we’re up to:

• 8 customer class actions against Coinbase
• 1 shareholder class action against Coinbase
• 1 customer class action against TaskUs, a contractor the plaintiffs allege was responsible for the breach
May 28, 2025 at 7:34 PM
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Brady Dale's @axios.com claim here that "people vote crypto" is wildly unfounded. In 2024, crypto PACs didn't even run ads about crypto - they know it's wildly *unpopular* outside of the DC bubble. 80% of those experienced w crypto don't trust it!

www.cbsnews.com/video/jd-van...
JD Vance sings cryptocurrency praises at Bitcoin conference
Vice President JD Vance praised the cryptocurrency industry as the keynote speaker at the Bitcoin 2025 Conference in Las Vegas on Wednesday, and he promised full support for the industry from the Whit...
www.cbsnews.com
May 29, 2025 at 12:50 AM
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A Coinbase data breach filing with the Maine Attorney General finally gives us some more detail than Coinbase’s vague “less than 1% of monthly transacting users”. 69,461 people were affected, and Coinbase says the data breach occurred on December 26, 2024.
May 21, 2025 at 8:06 PM
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Unbelievable. With Dem support, the senate passes an industry-friendly crypto bill that does nothing about Trump's crypto corruption.

Ignore these Dems' speeches. Watch their votes. They're telling you they don't get it. And then they spam you to say Trump is bad so please donate more money.
Update: I'm hearing the senate vote on this stupid crypto bill could come tonight.

This week should be about the despicable GOP reconciliation bill. The few Dems on this crypto bill aren't just wrong on policy, they're fracturing the party at a time we should be unified against GOP corruption.
Bad news. Word is the crypto bill is coming back. Some senate Dems - Warner, Gallego, & Gillibrand among others - are teaming up with the GOP to overcome the filibuster. Here's Gallego last week saying they won't try to stop Trump's crypto bribes because Republicans oppose that provision. Pathetic.
May 20, 2025 at 1:41 AM
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In April, Coinbase announced changes to its user agreement that added two clauses limiting class action lawsuits and requiring lawsuits to be filed in New York. The changes apply to disputes initiated after May 15.

On May 14, Coinbase disclosed a data breach.
May 20, 2025 at 1:21 AM
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Now, this is a perfect example of vapid, shallow, unethical fundraising without any principals or substance. @adamschiff.com's campaign sent out this email targeting Trump's corruption (sent it twice) on the same day he is voting to advance a shady crypto bill that will benefit Trump by billions.
May 19, 2025 at 10:33 PM
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The GENIUS crypto bill includes a provision that sounds great: stablecoin issuers can't name their product in a way that would trick people into thinking they're backed by the US Treasury. Like, idk, "USD". Trump's stablecoin is USD1. Here's the loophole they included so Trump could still get paid:
May 19, 2025 at 10:32 PM
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This is all nothing more than performative BS on the part of @schumer.senate.gov who appears to be enabling his DSCC chair @kirstengillibrand.bsky.social and other corporate Dems like @markwarner.bsky.social (part of leadership) @gallego.senate.gov to advance shady crypto bill this week.
why do we need a bill, it's literally in the Constitution?

*SCHUMER TO OFFER BILL BLOCKING QATAR PLANE GIFT TO TRUMP: AXIOS
May 19, 2025 at 7:59 PM
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This week, the Senate is voting on crypto stablecoin legislation while President Trump holds a dinner for the largest owners of his crypto meme coins.

As I told @ushousefsc.bsky.social, the President's crypto conflicts are bad for consumers, taxpayers, and honest businesses.
May 19, 2025 at 3:48 PM
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Apparently Warner @markwarner.bsky.social is going to support the stablecoin bill - last deregulation he conspired with Republicans to pass ended in a regional banking crisis 5 years later. It also happened to be a $3.3 billion stablecoin bailout.

Why are these people taken seriously?
May 19, 2025 at 1:23 AM
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When right-wing papers like NYPost and R House Ethics Committee members are calling Trump's crypto deals a 'Hunter Biden-Style Scandal'....

So why would Schumer, Gillibrand, Alsobrooks, Gallego, Warner, and other Dems support a bill making Trump's crypto businesses even more lucrative?
May 19, 2025 at 2:51 PM
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A bakery cannot own a bank, bc that puts you in the uncomfortable position of buying things from the same business that holds your $. But the #GENIUS Act would tear down that firewall, allowing Big Tech to own their own #crypto currencies. Read my op-ed on @msnbc.com >> www.msnbc.com/opinion/msnb...
Opinion | Republicans want a giveaway for Trump’s new favorite industry. Democrats must say no.
Senate Republicans are pushing a bill that would grant some of the biggest companies in history a dangerous chance to operate their own financial systems.
www.msnbc.com
May 19, 2025 at 3:25 PM
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If you want to know why any Democrats are supporting Trump's crypto bill even after he's gained about $3 billion (~7 Qatari Luxury Jets) from his crypto businesses - it's the campaign money.
May 19, 2025 at 5:23 PM
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Senate offices (202-224-3121) to ☎️ today besides Gallego, Alsobrooks, Schumer to stop the shady crypto bill:

Blunt-Rochester
Warnock -WTF😡
Cortez-Masto
Booker -WTF 😡
Slotkin
Schiff -WTF😡
Lujan
Kim -WTF😡

@warren.senate.gov memo on crypto corruption & Trump

www.banking.senate.gov/imo/media/do...
May 19, 2025 at 5:41 PM
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How can @schumer.senate.gov justify keeping @kirstengillibrand.bsky.social as the chair of the @dscc.bsky.social if she is going to be so cavalier about issues around Trump corruption?
Need an explanation on all of the but more broadly, who will write the piece in how Gillibrand became so generally terrible?
🚨🚨🚨 HEADS UP - Democratic Senators Gillibrand, Gallego, Warner, and Alsobrooks are scheming to hand Trump a major gift by advancing a shady crypto bill - the GENIUS Act today.

They aren’t even pretending that this bill will rein in any corruption issues.

☎️ Senate 202-224-3121 to say no to crypto.
May 19, 2025 at 3:09 PM
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“The gala dinner at the Trump National Golf Club on Thursday will link the president to an unusual collection of deep-pocketed crypto players from around the world, some of whom … hope to influence his views on how their industry is regulated or otherwise capitalize on the presidential access.”
Meet ‘Ice,’ ‘Ogle’ and other crypto millionaires who bought a night with Trump
Most of the crypto investors who bought Trump’s meme coin for a chance at dinner with the president remain anonymous. Some are publicly celebrating their invitation.
www.washingtonpost.com
May 17, 2025 at 4:47 PM
@schumer.senate.gov @kirstengillibrand.bsky.social @alsobrooks.senate.gov @gallego.senate.gov @markwarner.bsky.social if Bo Hines and David Sacks are key architects of the deal you're hoping to strike with Republican on the crypto GENIUS Act...we should all be very worried.
May 16, 2025 at 4:53 PM