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JUST IN: Germany calls for immediate meeting with Chinese ambassador following reports that China's military is training Russian soldiers
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Washington, D.C., is set to cap off its July 4 celebration with what is expected to be the largest fireworks display in American history
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>feels like there is a universal theory where leftists actively *cannot* really engage in conceptual understanding of their opponents that do
This is actually why "they" suspected Scott Alexander of being a closet rightist for the longest time - because he wrote things which showed that he *almost* understood right wing positions
Of course, the actual funniest part of the saga is that he simply stopped doing that which made him a far worse writer but was effective at getting people whose opinions he respects to stop suspecting him of being a closet rightist
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HUGE: U.S. Senate is expected to release the final text of the Bitcoin Clarity Act within days
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In 2012 a college kid in Georgia found a bug on Silk Road, the biggest drug market on the internet.
He clicked withdraw 5 times a second and walked away with 50,000 Bitcoin.
Nobody caught him for 10 years. By 2021 that stash was worth $3.4 billion.
And then he turned himself in without realizing it.
Jimmy Zhong was a CS student at UGA. Autistic, bullied badly growing up, basically no real friends. He wasn't even on Silk Road to hack it... he was there buying cocaine.
Then he noticed the withdrawal system was broken. Deposit 500 BTC, spam the withdraw button fast enough, and the site paid you out 5 times before it updated your balance. Deposit 500, pull out 2,500.
He did this over 140 times in a few hours. 50,000 BTC, worth about $600K back then.
And here's what separates him from every other thief: he didn't touch it. Just let it sit while Bitcoin ran. When the Bitcoin Cash fork happened in 2017 he sold the forked coins and bought 3,500 more BTC with the proceeds. The stolen pile literally paid him dividends.
The money was never his problem. Being alone was.
Then in March 2019 one of those "friends" robbed his house. Took a briefcase with $400K cash and a USB drive holding 150 BTC.
And Zhong, sitting on $3.4 billion in stolen crypto, panicked and called 911.
Told the operator he was having a panic attack. Filed a police report about the theft of his own stolen money. That report landed with IRS Criminal Investigation, who'd been hunting the missing Silk Road coins for years.
A few months later he moved $800 worth of BTC through a KYC exchange. Eight hundred dollars. That one transaction mixed coins from the 2012 hack with a wallet tied to his real name. The IRS subpoenaed the exchange and had his ID and IP address within days.
Undercover agents visited him pretending to help with his burglary case. He was so happy someone finally took him seriously that he opened his laptop and showed them $60 million in Bitcoin sitting on the screen.
November 2021, the raid. $661,900 cash in a safe buried under the floor. Gold bars. Physical Bitcoin coins.
The keys to the 50,491 BTC? Inside a Cheetos popcorn tin, under a pile of blankets, in a bathroom closet.
Second largest financial seizure in US government history.
Now the part that breaks people's brains.
His sentence: 1 year and 1 day.
SBF got 25 years. Shoplifters in some states get more. Zhong stole $3.4 billion and served about 10 months, because his lawyers made one argument the judge couldn't ignore: the only victim was Silk Road itself. You can't rob a drug cartel.
Zhong beat the blockchain, the FBI, and every tracing tool on the planet for a decade.
He lost to a broken window and a panic attack.
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Trump is considering clemency for Diddy and other well-known figures in addition to a slew of pardons for pollution offenders
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Helicopters fly over the National Mall in Washington, D.C., ahead of America 250 Independence Day celebrations
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Nearly two dozen tall ships are anchored off Sandy Hook, NJ, ahead of tomorrow’s Sail4th 250 Parade of Ships
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The U.S. Navy F-35C Demo Team roared over the Great American State Fair as crowds celebrated America’s 250th anniversary and Independence Day
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A truck carrying 40,000 pounds of Frank’s RedHot sauce spilled part of its load after a leak developed on Interstate 71 in northern Delaware County
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Bumper stickers are this way, but they’re no where near as powerful an indicator as decorating ones steering wheel
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What a way to celebrate: This pilot marks America’s 250th with a special flight path message (Flightradar24)
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Trump is teasing a marathon Fourth of July speech as crews put the finishing touches on America 250 celebrations in Washington, with fireworks barges in place and road closures underway. The holiday comes amid continued Middle East tensions, as reports say Iran rejected a proposal involving the release of frozen assets
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The death toll from the Venezuela earthquakes has risen to 2,595, with 12,400 people injured and tens of thousands still missing
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A Kentucky World War II veteran has been awarded the Purple Heart 81 years after being wounded in combat, just months before celebrating his 100th birthday
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