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#TheCryptocalypseChronicles: El Salvador's Gulag Cryptopelago (new, spicier title)

#ElSalvador's in the news a lot right now because the Trump administration shipped a few hundred people off to that country's incredibly dangerous new mega prison, #CECOT.

What seems to have gone unnoticed in all the reporting, however, is Salvadoran dictator #NayibBukele's outsized role in the world of cryptocurrency and through that his direct connections to the Trump administration via Commerce Secretary #HowardLutnick and #Tether.

Retoots appreciated.

https://cryptadamus.substack.com/p/we-need-to-talk-about-el-salvador

The Block fires a third of staff — Larry Cermak is CEO, Wintermute’s Evgeny Gaevoy joins board

by Amy Castor and David Gerard

we beat CoinDesk on this one, lol

https://davidgerard.co.uk/blockchain/2023/03/31/the-block-fires-a-third-of-staff-larry-cermak-is-ceo-wintermutes-evgeny-gaevoy-joins-board/

#AmyCastor, #Bitfinex, #EvgenyGaevoy, #FrankChaparro, #Ftx, #LarryCermak, #MikeDudas, #MikeMccaffrey, #NewYork, #SamBankman-fried, #Tether, #TheBlock, #Wintermute

So it looks like the DAT/Hypercore folks have gotten into the #web3 racket.

That’s… disappointing.