fpslem

joined 1 year ago
[–] fpslem@lemmy.world -1 points 1 month ago (8 children)

It's just grift all the way down with crypto, isn't it? Scams layered on scams layered on scams.

 

With the Federal Emergency Management Agency reeling from major staffing and funding shortages amid the impact of Hurricane Helene, House Speaker Mike Johnson (R-La.) refused on Sunday to commit to reconvening the House before Election Day to aid recovery efforts. In response to a letter from President Biden urging congressional leaders back to replenish federal disaster loan funding, Johnson said during a Fox News Sunday interview that he’d only do so after the election—all but ensuring the funds will run out.

...

 

David Duke, former grand wizard of the Knights of the Ku Klux Klan, frequently posts videos on a website called Odysee. Conspiracy theorist Alex Jones also streams his podcast, “The Alex Jones Show,” on the site. It works a lot like YouTube and attracts millions of views each month.

Anti-hate groups say the site is a hotbed of extremism where users from around the world — including promoters of U.S.-designated terrorist group the Nordic Resistance Movement, Holocaust deniers and Proud Boys supporters — use Odysee’s data storage and financial features to spread their views and raise money. Users also take advantage of the forum’s near complete lack of content moderation. The site’s CEO said he’s dedicated to keeping the company “censorship resistant.”

The site also comes with strong New England ties. Odysee was created by a now-defunct New Hampshire cryptocurrency company and began with seed money from a downtown Boston-based venture capital firm called Pillar VC, financed by a diverse constellation of local investors.

...