Trump’s DOJ will no longer prosecute cryptocurrency fraud

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www.theverge.com/policy/645399/trump-doj-crypto…

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One can't both engage in a crime and prosecute it...

I get it, but they definitely can. Trump's team is protected but not bound by the law, and they are going to stress test both parts of that statement.

Mmm... yes, you're likely right.

I used to quote Lily Tomlin's 'No matter how cynical you become, it's never enough to keep up" as a sort of scoffing, exaggerated-for-effect take on things.

Even as cynical as I am, I never really expected it to become a literally accurate representation of day-to-day reality.

they've already been 'engaging' is my guess.

Time to start pumping and dumping meme tokens

Sailor Sega Saturn will no longer buy US based stocks! What a coincidence.

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Just in time for him to take the tariff surplus and give it to his buddies through the new “Crypto Reserve” scam.

I mean, it would be unfair if they did. They're not going to punish any fraud, so singling out one industry would be wrong.

If I could muster the mendacity to pump and dump a memecoin, this would be great news.

Wow, I'm so shocked that an administration of thieves and grifters are helping other thieves and grifters.

I’m more surprised they didn’t try to corner the thieving and grifting market for their own.

So you're assuming that no one in Trump's circle made any trades in advance of yesterday's tariff pause cancellation? Do you know the exponential return you could get on a short-term option when the underlying investment moves 20% in a day?

They do

But as it needs to go into their private pocket, they manipulate the market and already spare regulations, so they have a free go and cash in

Wouldn't help them, when the nation gets the many due to sane profit taxing and fraud investigations

To a certain extent, honor among thieves typically only exists within their own group.

The administration is setting things up so their grifters won't get charged.

If someone grifted them, the FBI would absolutely investigate them.

Well, we can't have them investigating themselves now, can we?

This action is BECAUSE they investigated themselves. Just plugging all the leaks now.

Tomorrow is a better day...for them.

There are a lot of us working to make sure they don't get better and better days. And the pressure is growing from all sides. They can't operate with impunity forever, and they have awoken a sleeping giant with all these service cuts that their base actually depends on (even though they were too stupid to know it).

If I recall correctly the Trump family has just gotten involved with a crypto exchange so.... Yeah. Incoming Trump crime family fraud

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"We audited ourselves and found the law should be changed."

Trump is opening a crypto currency for taking bribes.

You mean after scamming people with their own coin the Trump clan decides it won't be prosecuted? Who would have seen this coming?

https://youtu.be/7EbV7kyiKZA

Sam Bankman Fried pardon incoming.

at some point rule of law will break down completely

We've got a ways to go yet but it's certainly been set in motion.

The 5 million people protesting last week (including me) gives me hope. And I have had one friend tell me he wants to join me next time, and he's the last person I would ever think would protest.

There's momentum growing on the good side, too. Don't give up hope yet.

What's a hypothetical situation you can describe that may occur? That stops or limits this

Medicare/Medicaid/SS cuts will have people rioting. They are playing with fire there.

Aside from that type of drastic event, I see discontent growing daily. People are fed up with the general unease and sense of unfairness in our system. It takes time for that anger to build but you don't get 5 million people in the streets in every single state in the country when everyone is just sitting around taking their crap. I am hopeful that this growing movement will begin direct action such as general strikes, but that's a ways off. For now we just need to keep showing up, and show everyone else that there are a LOT of us and we are PISSED and we're not taking this laying down.

How's the public going to stop that though?

You'll have to be more specific. What's "that" you are referring to?

Stop it from being passed, stop it from being cut, or etc. I've recently also learned a lot from Medicard by Johnny Haris's youtube channel video about the subject and how its privatized a lot.

there is no going back to the old because it was the old system that allowed this to happen. I hope you manage to take back your country and rebuild it, but first the rot has to be razed completely or same thing will happen again later even worse.

So the legislative, executive, and the judicial is in cahoots. The Constitution is dead, and there's no longer any moral or legal basis for the states to remain in the union

So, business as usual then?

At least I have a feasible backup for when I lose my legitimate job

Right?? My first thought was "well maybe I'll do some crypto scamming then!" I've got mouths to feed, why not milk suckers for money if the Feds don't care

Because it's wrong and evil to take advantage of other people?

Well in Bible it's says. "Love your neighbor as yourself." - I have nothing to eat and starve I share my love with them so they also don't have anything to eat and starve. I see no evil here, just sharing same love.

I mean really, ethics in this economy? Lol

Isn't elon one of the bit coin bros?

Bitcoin is basically the only one that isn't totally fraudulent, though they've seemingly found ways to manipulate it.

Don't associate it with fElon.