FTX Debtors: AI is "just... an idea—nothing" so let's sell 8% of Anthropic at a 98% discount
Also FTX Debtors: let's outsource $2k/hour work to AI
And it begins
Sullivan & Cromwell just admitted to a federal judge its court filings contained AI hallucinations
The firm apologized to the federal judge as they had to submit multiple corrections focused around:
• Fictitious Case Names: The filing included names of legal cases that do not exist
• Fabricated Quotes: The document contained direct quotes that were never actually spoken or written
• Non-existent Statutes: The AI incorrectly analyzed or entirely invented provisions within the U.S. Bankruptcy Code
The primary team and secondary review all failed to catch these errors, meanwhile the firm's partners bill $2,000+ per hour
The nuclear threat is real.
Even the UN and 60 Minutes admit it!
They say Iran has enough uranium, "if you enrich it a little bit more, for 10-11 nuclear bombs."
"They have always claimed... 'We were never pursuing nuclear weapons.' That's a lie."
xitter.twitterapi.xyz/i/status/2046241328413…
Replying to @realDonaldTrump
@realDonaldTrump issues ultimatum to Iran → Strait reopens → oil plunges back below $94/📷 and falling
Reminder: average price over whole of 2022 under Biden = $99
The current spike only highlights how much oil prices have lowered under @realDonaldTrump.
🛢️:
Trump (2017-2020): $58
Biden (2021-2024): $83
Trump (2025): $68
Average price over the whole of 2022: $99
Price yesterday: $100
Calm down.
Delaware's top judge just stepped aside from three cases over alleged bias.
She is accused of liking a LinkedIn post about the defendant's defeat in another case.
Yet SDNY's Judge Kaplan continues to preside over my case even after he:
1) "didn't hide his disdain" for me from the jury in a way that "many journalists didn't even know was allowed," according to reporters
2) repeatedly offered jurors pizza and a ride home if they could reach a verdict in under 5 hours
3) quipped, pre-verdict: "god knows there's more than sufficient evidence [of fraud]"
Judge Kaplan should recuse himself from my case, just as he should have from President Trump's.
BREAKING: Delaware Judge Kathaleen McCormick has officially announced that she will no longer preside over multiple lawsuits involving @elonmusk and his companies after Elon's lawyers alleged she had shown bias against him after ruling against him in high-profile cases.
Last week, Elon's attorneys wrote to the court pointing to a LinkedIn screenshot that they said shows she supported a post on the network celebrating Elon's defeat in a California civil fraud trial.
In the past, Judge McCormick ruled against Elon with his $56B Tesla pay package case and the Twitter lawsuit.
Here is Judge Kathaleen McCormick's full letter that she released today:
"Dear Counsel:
This letter addresses the motions for my recusal and to randomly reassign two of the three above-referenced actions.
The motion for recusal rests on a false premise—that I support a LinkedIn post about Mr. Musk, which I do not in fact support. I am not biased against the defendants in these actions. In fact, I dismissed a suit against Mr. Musk just last year. The motion for recusal is denied.
But the motion for reassignment is granted—I will reassign each of the three above-referenced actions. As should be obvious, disproportionate media attention surrounding a judge’s handling of an action is detrimental to the administration of justice. Fortunately, the Court of Chancery is far greater than any one person. I have complete faith in the Vice Chancellors’ abilities to adjudicate these matters. And three of them will.
Please contact my Chambers to obtain a time for the random reassignment. All counsel are welcome to attend. But each of the individuals who signed the motion for reassignment or the joinder in that motion must appear to witness what they requested."
It's not just people who want to pay you in crypto, increasingly it's AI agents.
Crypto is the future of AI-native payments.
And @realDonaldTrump is the first president to see the national statregic potential of both crypto and AI.
The costs of striking Iran are real. But so is the nuclear threat.
Iran entered 2026 with enough uranium for 10 nuclear bombs. Before the June strikes, it was days away from enriching enough for 1 bomb—a level far beyond plausible civilian needs.
Operation Epic Fury is working.
We are systematically dismantling Iran’s war machine: missiles, drones, air defenses, navy, nuclear sites, defense industry, proxy networks, central command. In under 3 weeks, the supreme leader is dead, his successor wounded, and Iranian ballistic missile and drone launches are down 90%+. Iran is losing capacity faster than it can create chaos.
"War is never clean. But the strategy—the actual strategy, measured in degraded capabilities rather than cable news cycles—is working."
Excellent article.
aljazeera.com/opinions/2026/…
FTX had the liquidity to cover spot.
Most assets were in the margin/lending program. (Customers, incl. Alameda, could opt into margin trading using a shared collateral pool.) FTX could cover the rest.
No margin exchange is 100% liquid.
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How @realDonaldTrump fixed the SEC: fire Gensler, hire Atkins.
Gensler didn't just declare war on crypto. He declared war on the CFTC.
Not in public, obviously. But behind closed doors, he and @SenWarren ran a covert campaign in DC to strip the CFTC of all of its power—bringing everything under his SEC. (And then used that power to require licenses he was unwilling to grant.)
Gensler's land grab was the biggest threat to crypto under Biden; we spent much of our time in DC fighting against it.
Atkins understands: only require licenses that actually exist. And don't let industry get caught in the crossfire between warring federal agencies.















