Fright fall week 2

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Fright fall week 2
“Worse than I ever imagined”: lawsuit reveals the podcaster’s memecoin woes.
Will Sommer at The Bulwark:
PERPETUAL TRUMPWORLD FIGURE Steve Bannon is taking a lot of heat this month as newly released Jeffrey Epstein files show he maintained close ties with the notorious sex trafficker, even after many of Epstein’s worst crimes were exposed. But that’s not the only perilous legal matter on Bannon’s plate. The influential conservative podcaster also finds himself in hot water for his management of the disastrous “Fuck Joe Biden” cryptocurrency. On Thursday, aggrieved Missouri-based investor Andrew Barr filed a lawsuit against Bannon, fellow MAGA bigwig Boris Epshteyn, and others involved in the operation of the “FJB” coin, alleging that he had lost $58,730.98 on the venture. The lawsuit, which is awaiting certification by a judge to become a class-action case, offers a tantalizing look at the Wild West that is the cryptocurrency industry. It’s the type of stuff that would normally pique the interest of regulators, if not for the fact that the White House has shown a general indifference to regulating this market—and that the Trump family has its own failed memecoins to deal with.
Bannon didn’t respond to a request for comment. And Epshteyn couldn’t be reached for comment. Problems with the now-defunct “FJB” coin are familiar to cryptocurrency critics. It came with an unusually high 8 percent fee on transactions, with the commitment that it would be divided between 3 percent coin management and promotion and 5 percent going to charitable donations. But after Bannon and Epshteyn purchased ownership of the FJB coin business in December 2021, the coin’s operators could only produce proof of small charitable donations, angering buyers who had thought their money would go to causes like veterans’ care.
Since cryptocurrency wallets are public, the problems became evident fairly quickly. One crypto expert told ABC News in 2023 that some of the money earmarked for “charity” was instead being directed to a wallet that appeared to use the money on “high-risk investments in obscure coins.” But Barr’s lawsuit offers more details into how “FJB”—whose acronym was re-spelled as “Freedom Jobs Business” under Bannon and Epshteyn’s ownership—sank into oblivion. Early on, Bannon and Epshteyn billed “FJB” as the basis of an entirely new “uncancelable” MAGA economy. The coin was promoted by other MAGA figures like Jack Posobiec and Benny Johnson. But according to the lawsuit, Bannon and Epshteyn ran it straight into the ground. Amid a broader decline in memecoins values in 2023, the price of “FJB” price plummeted and both Bannon and Epshteyn distanced themselves from the project. The lawsuit alleges that $2.7 million in transaction fees meant for charity or efforts to promote the coin instead disappeared entirely.
Stephen Bannon is in a heap of trouble in MAGAworld, and it’s over crypto.
Sarah Neufeld / Richard Reed Parry / Rebecca Foon, First Sounds, (Double Black Vinyl, Double Limited Edition Coloured Vinyl, CD, Digital album), One Little Independent Records, 2024
Andrew Barr
The Make Believes by The Make Believes is Transgender and Gay!
requested by anon
Andrew Barr
& his husband Anthony Toms
Better in the Shade by Patrick Watson from the album Better in the Shade - Video by Elisabeth Perrault
Andrew Barr
Gender: Male
Sexuality: Gay
DOB: 29 April 1973
Ethnicity: White - Australian
Occupation: Politician (Labor)
Note: First openly LGBTI head of government in Australia from 2014, and was the first openly LGBTI member as well as government cabinet minister in the ACT Legislative Assembly from 2006