cpdg

every day i check the price.

bad price

[unusual_whales @unusual_whales]

This is truly egregious.

On May 13th, someone put $25 million in premium, 10,000x volume, in United Health, $UNH, $300 puts expiring 09/19/2025.

Then news of DOJ investigating for fraud came out.

$UNH dropped, and is down 50% in last month.

This trader is up $80 million.

Unusual.

[Stefano S. Magi @myworld2121]

Stealing kisses ...

IG : nowtbutfootprints

[the dude @cryptodude999]

This one will be interesting to watch.

[Peter Van Valkenburgh @valkenburgh]

Today, Coin Center filed an amicus brief in Roman Storm's criminal case. The government has wrongly charged the Tornado Cash developers with criminal conspiracy and we are here to help set the record straight and defend First Amendment rights to publish software.

Our brief clarifies Tornado Cash's operation. We focus on the immutability of the pool smart contracts and the non-essential nature of the other software tools authored by the defendants (the upgradable secondary smart contracts and the user interface). We compare the UI to TurboTax, entirely optional software that can help you do your taxes but that leaves it to you to file them correctly and pay.

We counter the government's misleading portrayal of Tornado Cash as a "haven for criminals," stressing its legitimate privacy benefits, which Coin Center has used to receive charitable donations.

Our legal arguments focus on the sanctions evasion conspiracy charge, emphasizing statutory exemptions for information transactions (the Berman Amendments) and the First Amendment's protection of software publication as free speech.

With the Berman Amendments in mind, we make an important comparison between the Tornado Cash protocol and the SWIFT interbank settlement network. Both messaging systems are and should be exempt from direct sanctions prohibitions because they deal only in transactions in information. Additionally, and unlike SWIFT, the Tornado Cash devs have no actual control over the messages users send using their software tools.

Finally we detail important recent First Amendment cases where data-brokers and web developers have enjoyed the strongest constitutional protections even when engaged in commercial and highly technical speech for profit.

This case will significantly impact digital civil liberties, and we're honored to do our part defending Roman's rights, everyone's rights, to develop and publish software.

Link to full brief in the next post.

[unusual_whales @unusual_whales]

BREAKING: More companies have defaulted on their debt in 2024 than in any start to the year since the global financial crisis, per FT

[Michael A. Arouet @MichaelAArouet]

Just in case someone was wondering about reasons for polarization in the US

[Autism Capital 🧩 @AutismCapital]

@elonmusk

[the dude @cryptodude999]

$DXY

[Barchart @Barchart]

Household Interest Expense has risen to the highest level ever recorded. Probably Fine

[sean mcguire @seanw_m]

@Furmadamadam some of us like gardening, others yearn for the tunnel

[cpdg @cpdg_gg]

i find these terms acceptable

[cpdg @cpdg_gg]

up only

[Arun S. Chopra CFA CMT🧐 @FusionptCapital]

"Investors flee to the safety of"....checks notes.... "Orange Juice"

[Ramp Capital @RampCapitalLLC]

This is pretty wild when you think about it. US Life Expectancy about to enter a bear market

[Jeff Weniger @JeffWeniger]

The Fed's mandate is to conduct monetary policy "so as to promote effectively the goals of maximum employment, stable prices and moderate long-term interest rates."

Look at the money supply chart. Would you use the word "stable" to describe it?

[cpdg @cpdg_gg]

@AndrewYang On purpose?

[Tom Gara @tomgara]

I was worried about the dark dystopian potential of the new robot police dogs, but the good news is that we're buying the robot cops using asset forfeiture money

[Loren Boston THE FIAT WORLD IS WORRIED @LorenBoston]

Here are over 20 years of core consumer price data for the US. Notice a trend? See any recent reversal? No - because there has not been any.