Activity tagged "journalism"

Posted:

El Salvador's President Bukele is reportedly preparing to arrest the journalists who have reported on the secret deals Bukele struck with Salvadoran gangs that have enabled his consolidation of power.


El Faro English
@elfaroenglish
🚨“We have received reliable information that the Salvadoran Attorney General’s Office is preparing arrest warrants for El Faro journalists,” announces El Faro director 
@CarlosDada

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El Faro
@_elfaro_
May 3
“Hemos recibido información confiable de que la Fiscalía General está preparando órdenes de captura contra periodistas de El Faro”, informó hoy @CarlosDada, director de El Faro. 🧵

Mira esta conversación:


El Faro English
@elfaroenglish
·
May 4
El Faro just published a three-part video interview with two former leaders of the 18th Street Revolucionarios gang, shedding new light on Bukele’s years-long relationship to, and negotiations with, Salvadoran gangs.
From elfaro.net
El Faro English
@elfaroenglish
May 4
“We understand that the alleged crimes for which these warrants are being built are apology for crimes and illicit association. Any capture or raid on our homes will be for having done journalism,” states editor-in-chief 
@CronistaOscar

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El Faro
@_elfaro_
May 3
Replying to @_elfaro_
“Comprendemos que los delitos por los que construyen estas órdenes es por apología de delitos y agrupaciones ilícitas. Cualquier captura o allanamiento a nuestras casas va a ser por haber hecho periodismo”, señaló @CronistaOscar, jefe de redacción de El Faro.

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We’re going to keep covering this story because, frankly, it’s the only story that matters right now, and one that not everyone manages to see clearly. The political press may not understand what’s happening (or may be too afraid to say it out loud), but those of us who’ve spent decades studying how technology and power interact? We see it and we can’t look away. So, here’s the bottom line: when WaPo’s opinion pages are being gutted and tech CEOs are seeking pre-approval from authoritarians, the line between “tech coverage” and “saving democracy” has basically disappeared. It’s all the same thing. We’re going to keep doing this work because someone has to. Because understanding how technology and power interact isn’t just an academic exercise anymore — it’s about whether we’ll have an innovation economy left when this is all over.
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I will never stop covering the harm done by Trump’s anti-trans orders, but there is already so much of it. I learned in the first Trump term how to separate the personal from the professional, at least when on deadline. But once the draft is done, and edits are in the can, and I’m laying in bed at night trying to fall asleep, it all comes back to me: Do I need to plan for a quick getaway if some Trump lackey decides the loudmouth tranny journalist needs to go? How do I prevent myself from burning out again like I did during the first Trump term? How do I deal with the guilt of not being able to cover everything? These are the thoughts that haunt me when I’m not pouring myself into work or whatever movie or video game I’m playing to distract myself. ... I worry about the future of my community, but there’s no time for that now. There are too many stories to write.
Posted:

apparently preventing fraud is “anti-crypto”.

according to this Fortune headline, the SEC going after fraud and deceptive business practices after a company publicly announced they were going to breach a previous agreement with the agency is an “anti-crypto campaign”

According to the Wells Notice, viewed by Fortune, the SEC plans to formally accuse Unicoin of violations related to fraud, deceptive practices, and the offering and sale of unregistered securities, although the letter did not specify the exact violations.
Still, because of its novel approach, Konanykhin toldFortunethat the company has been subject to several SEC investigations, though the latest is the first to result in a Wells Notice. He said that the company had entered into a so-called standstill agreement with the SEC earlier this year not to conduct an ICO or go public, but Konanykhin said he decided to breach the agreement after Trump won the recent election. Unicoin had previously filed paperwork with the agency announcing its intent to go public through a reverse merger.

This is particularly hilarious given that Fortune has skewered Gary Gensler for failing to go after the FTX, Celsius, and Terra frauds.

Gary Gensler blew it again. After his agency failed to warn investors about Terra and Celsius—whose collapses this spring sparked a trillion-dollar investor wipeout—the Securities and Exchange Commission chair allowed an even bigger debacle to unfold right under his nose. I’m talking, of course, about the revelation this week that the $30 billion FTX empire was a house of cards and that its golden boy founder, Sam Bankman-Fried, is the crypto equivalent of Theranos’s Elizabeth Holmes.

Schrödinger’s regulator can’t go after fraud before the company collapses, but if it collapses and the SEC didn’t warn us, they failed.