⌐◪-◪ → People are furious that the DOJ dropped SBF’s 6x charges for campaign finance violations - conspiracy theories are already flying.

Many have criticized SBF for their involvement in $100 million donations during the 2022 midterm elections, citing links to dark money groups, Mitch McConnell, and Chuck Schumer. Maxine Waters blowing a kiss to SBF serves as a fitting illustration of this controversy.

Ted Cruz believes the people that received donations from SBF are the same people on the Epstein flight logs, and that the Biden DOJ is protecting them. Eerie if true.

As much as I like conspiracy theories, the DOJ may have simply dropped the charges to speed up SBF’s sentence.

Bonus theory: SBF ↔ CCP bribe money.

⌐◪-◪ → Orbit Bridge, a cross-chain bridge protocol, saw $81.5M in outflows across a series of 5 transactions.

30M Tether, 10M DAI, 10M USDC, 231 wBTC, 9,500 ETH.

The hack was first uncovered by on-chain sleuth, @KGJRTG.

Here is a visualization of the attack - which was very methodical, resembling attacks from North Korea. With that said, this is a developing story and no hacker is confirmed yet.

Another reminder that bridges are a constant target for hackers.

⌐◪-◪ → Jamie Dimon is playing both sides of crypto - I'm not actually sure what his master plan is here, to be honest.

On 12/6: Jamie says he would "close down" crypto if he were the government.

On 12/29: BlackRock names JPMorgan as an authorized participant for spot BTC ETF.

For those who don't know: authorized participants are responsible for acquiring all of the securities an ETF wants to hold. They have the right to create and redeem shares of the ETF.

Jamie is simultaneously trying to shut down/slow down crypto while profiting off the upcoming spot BTC ETFs. Don't hate the player, hate the game, I suppose.