FTX allegedly committed the largest campaign finance violation in US history and the largest bribe of foreign officials ($161m to Chinese officials to unfreeze $1b in Alameda crypto). Singh and Salame pleaded to campaign finance violations. No one was held accountable beyond that, esp for the bribe.

Show Post

Michelle Bond -- former Congressional candidate and wife of FTX exec Ryan Salame -- is going on trial next month for alleged campaign finance crimes partly connected to FTX. www.courtlistener.com/docket/69069...

Show Post

Free newsletter: In July, Apollo Economist Torsten Slok said that "AI better work out, or we have a problem." Facing ever-growing high-interest debt, negative-EBITDA AI labs and $200bn+ in warehoused GPUs, that's exactly what the AI industry has. www.wheresyoured.at/ai-had-bette...

Show Post

This chart shows the key risk to the AI trade, and it's missing from the latest revenue announcements. The AI boom is fundamentally driven by a top 1% of companies that drive 80% of spend. Within that top 1%, 80% are venture-backed.

Show Post

freestyle coke machine and batting cage

Show Post