WEBVTT 00:00:00.000 --> 00:00:11.600 Music. 00:00:12.966 --> 00:00:16.026 Welcome back to New World Next Week. I'm James Corbett of CorporateReport.com. 00:00:16.546 --> 00:00:21.566 And I'm James Evan Pallotto of MediaMonarchy.com. Who controls open source? 00:00:21.846 --> 00:00:27.066 We have that question and that story, plus a Roman storm of tornado cash, 00:00:27.166 --> 00:00:31.186 which kind of sounds like a weird film, but first, World War V. 00:00:31.606 --> 00:00:36.406 Russia tries to make sudden advance in Ukraine before Trump-Putin summit. 00:00:36.646 --> 00:00:41.166 Grabbing this originally from Reuters, but we will include the archive.is link. 00:00:41.366 --> 00:00:46.366 Russian forces have made the sudden thrust in eastern Ukraine near the coal 00:00:46.366 --> 00:00:50.546 mining town of Dobropylia, a move that may be an attempt to increase pressure 00:00:50.546 --> 00:00:53.026 on Kiev to give up land as the U.S. 00:00:53.046 --> 00:00:55.286 And Russian presidents prepare to meet. 00:00:55.786 --> 00:01:01.706 Ukraine's authoritative deep state war map showed that Russian forces had advanced 00:01:01.706 --> 00:01:05.706 by at least six miles north in two prongs in recent days, part of their drive 00:01:05.706 --> 00:01:08.786 to take full control of Ukraine's Donsk region. 00:01:08.986 --> 00:01:12.306 The advance is one of the most dramatic in the last year, although military 00:01:12.306 --> 00:01:16.686 analysts said the Russians using small groups of soldiers to try and establish 00:01:16.686 --> 00:01:19.946 footholds and that it was uncertain if they could maintain their positions in 00:01:19.946 --> 00:01:22.066 the face of Ukrainian pushback. 00:01:22.466 --> 00:01:26.526 Deep State said the Russians had surged forward near three villages on a section 00:01:26.526 --> 00:01:32.086 of the front line, which Moscow was trying to encircle by exploiting Kiev's lack of manpower. 00:01:32.306 --> 00:01:36.366 The situation, quite chaotic, as the enemy, having found gaps in the defense 00:01:36.366 --> 00:01:40.166 is infiltrating deeper, trying to quickly consolidate and accumulate forces 00:01:40.166 --> 00:01:45.266 for further advancement, Deep State said on its Telegram channel. U.S. 00:01:45.646 --> 00:01:48.846 President Donald Trump and Russian President Vladimir Putin are expected to 00:01:48.846 --> 00:01:54.326 discuss a possible deal to end the war in Ukraine when they meet in Alaska on Friday. 00:01:54.586 --> 00:01:58.946 And as we come to you, that's about 48 hours, but by the time you are hearing 00:01:58.946 --> 00:02:00.506 this, it'll be a lot closer. Thank you. 00:02:01.299 --> 00:02:04.979 Unconfirmed media reports say Putin has told Trump he wants Ukraine to hand 00:02:04.979 --> 00:02:07.899 over part of the Dantsk region that Russia does not control. 00:02:08.239 --> 00:02:12.499 The Russian Defense Ministry said units of its army grouping center had improved 00:02:12.499 --> 00:02:14.419 their positions on the edge of the front line. 00:02:14.699 --> 00:02:18.979 Ukrainian President Volodymyr Zelensky confirmed that groups of Russian soldiers 00:02:18.979 --> 00:02:21.899 had advanced about 10 kilometers in several places. 00:02:22.059 --> 00:02:24.999 They're without equipment, only weapons in their hands. 00:02:25.219 --> 00:02:28.819 Some have already been found, partly destroyed, partly captured. 00:02:28.819 --> 00:02:32.459 We will find and destroy the rest in the near future, he said, 00:02:32.679 --> 00:02:36.419 sounding like the lame Christian Bale Batman that he thinks he is. 00:02:36.579 --> 00:02:38.959 Remember, this dude was a sketch comedian. 00:02:39.519 --> 00:02:43.479 Please see footage of him playing the piano with his member. 00:02:44.099 --> 00:02:46.339 Like all good heads of state do. 00:02:46.799 --> 00:02:50.959 We will include Links James. Of course, anything important and real has a Wikipedia 00:02:50.959 --> 00:02:55.219 entry, 2025 Russia-United States Summit, a.k.a. 00:02:55.339 --> 00:03:00.619 The Alaska Summit. As Zero Hedge reports, cracks appear in NATO unity ahead 00:03:00.619 --> 00:03:03.799 of Alaska's summit on Ukraine territorial concessions. 00:03:04.099 --> 00:03:09.639 Hey, meanwhile in Gaza, Germany's leading newspaper calls murdered Al Jazeera 00:03:09.639 --> 00:03:11.959 reporter terrorist, posing as a journalist. 00:03:12.239 --> 00:03:17.759 And Israel in talks to expel Palestinians from Gaza to South Sudan. 00:03:17.999 --> 00:03:22.319 As essentially the same thing happening in the District of Columbia, 00:03:22.619 --> 00:03:27.139 maybe the District of America back here in the States. Trump says homeless should leave D.C. 00:03:27.279 --> 00:03:32.539 Immediately puts the police and the city under federal control and deploys the National Guard. 00:03:33.879 --> 00:03:39.659 As below, so below, James. Yeah, that's an apt summary for you. 00:03:39.799 --> 00:03:44.259 And I guess if we were going to talk about the Alaska summit and what may or 00:03:44.259 --> 00:03:49.179 may not come of it, I am not exactly holding my breath that everything's going 00:03:49.179 --> 00:03:50.899 to be done and dusted by the end of the weekend. 00:03:51.079 --> 00:03:53.239 And the war over, guys. Come on home. 00:03:53.879 --> 00:03:57.479 Maybe, but, well, believe it when I see it, but I think it might at least be 00:03:57.479 --> 00:04:01.659 a preparatory opening step towards something that might eventuate into some 00:04:01.659 --> 00:04:04.639 sort of disarmament process that might take place. 00:04:04.936 --> 00:04:11.116 Long time. And meanwhile, the military industrial defense contractor royalty 00:04:11.116 --> 00:04:14.036 that we were talking about, like last week, like Palantir and others, 00:04:14.156 --> 00:04:16.256 are still going ka-ching ka-ching all the way to the bank, 00:04:16.416 --> 00:04:20.696 making their billions of dollars in contracts off of this never-ending conflict that, 00:04:21.176 --> 00:04:25.596 wasn't it going to end on day one of Trump 2.0? Wasn't that what we were promised? 00:04:25.776 --> 00:04:30.076 Dozens and dozens of times on the campaign trail. Oh, wait, now he jokes. 00:04:30.196 --> 00:04:32.576 Oh, that was just a joke, guys. You didn't take that seriously, 00:04:32.776 --> 00:04:34.296 did you? You silly rubes. 00:04:34.916 --> 00:04:39.836 Yeah, it turns out this kind of negotiation is more complicated than that, 00:04:40.016 --> 00:04:46.056 especially when it involves 3D chess moves on obviously a rigged and controlled 00:04:46.056 --> 00:04:49.996 battlefield that is playing out for the benefit of certain military-industrial 00:04:49.996 --> 00:04:52.696 contractors and banksters and others, the usual players, 00:04:52.876 --> 00:04:57.136 and we get to watch the heads of state performing their kabuki puppeteer dance. 00:04:57.256 --> 00:05:03.516 But anyway, the idea of Russia trying to rush in and rush in and try to steal 00:05:03.516 --> 00:05:09.476 some land before the peace negotiations start is pretty par for the course. 00:05:09.676 --> 00:05:13.816 I think most militaries tend to do operations like that. This seems like no exception. 00:05:13.996 --> 00:05:17.216 We'll see what eventuates from it and from this summit entirely. 00:05:17.216 --> 00:05:21.616 But in the interest of being the new world next week, we are reporting to the 00:05:21.616 --> 00:05:23.576 news to you as before it happens. 00:05:23.756 --> 00:05:27.256 There will be something that I'm sure that will come out of this Alaska summit 00:05:27.256 --> 00:05:29.156 at the very least a statement, or who knows, 00:05:29.596 --> 00:05:33.976 maybe Trump will embarrass Putin and talk about how he's not grateful enough 00:05:33.976 --> 00:05:39.056 for American help or whatever, whatever he's going to say, just like he did with Zelensky, right? 00:05:39.236 --> 00:05:42.736 Well, anyway, I'm sure there will be something interesting to see here. 00:05:43.196 --> 00:05:49.556 I'm sure there will be future memes in the making, and I'm sure the Democrats 00:05:49.556 --> 00:05:55.076 will look for any flimsy excuse to say that Putin controls Russia. 00:05:55.836 --> 00:06:00.076 Again, one of the big gaslighting lies. Oh, it's Putin, Putin, Putin. 00:06:00.496 --> 00:06:04.076 It's not who I see him pulling out the chair for at the table. 00:06:04.276 --> 00:06:08.956 Kind of seems like Netanyahu is the one controlling Putin, if any of these, 00:06:08.996 --> 00:06:10.336 again, external figures. 00:06:10.596 --> 00:06:13.136 Definitely going to make for more memes for sure. 00:06:13.896 --> 00:06:16.976 Russian attack. There was a konami video game 00:06:16.976 --> 00:06:19.956 back in the good old cold war days but it 00:06:19.956 --> 00:06:26.556 was spelled r-u-s-h in attack you know like rock and roll russian attack but 00:06:26.556 --> 00:06:31.076 yeah i mean campaign promises maybe you that was just pillow talk you don't 00:06:31.076 --> 00:06:35.896 you don't really believe that our second story on this new world next week episode 00:06:35.896 --> 00:06:38.256 six hundred and the first, 00:06:39.046 --> 00:06:41.846 Kind of worried about this one, James. I'm hoping maybe you can say, 00:06:41.966 --> 00:06:43.866 ah, this is no big deal. They all do this. 00:06:43.986 --> 00:06:48.306 Open source organizations pledge fealty to the United Nations. 00:06:49.786 --> 00:06:55.066 Linux, LibreOffice, Matrix, promote DEI discrimination, and RISE. 00:06:55.366 --> 00:06:56.926 We're going to learn a new acronym. 00:06:57.406 --> 00:07:01.026 This is a good one by Brian Lunduk on his sub stack. 00:07:01.206 --> 00:07:03.866 And again, everything we say is always linked up down in the show notes. 00:07:04.026 --> 00:07:06.806 Who controls open source is a fascinating question. 00:07:06.806 --> 00:07:11.186 Some of the largest open-source foundations primarily funded by corporations, 00:07:11.586 --> 00:07:16.846 which by most estimations have not historically been fans of open-source or free software. 00:07:17.446 --> 00:07:21.826 Case in point, the Linux Foundation, which brings in roughly a third of a billion 00:07:21.826 --> 00:07:25.406 dollars a year, heavily funded by corporate sponsors like Microsoft, 00:07:25.646 --> 00:07:31.746 Hitachi, Meta, and Tencent, all of which derive most of their revenue from proprietary systems. 00:07:32.306 --> 00:07:38.006 Likewise, Mozilla, bringing in 600 million annually, almost entirely funded by Google. 00:07:38.226 --> 00:07:42.966 As the saying goes, he who controls the purse strings controls how the money is spent. 00:07:43.166 --> 00:07:47.846 And of course, we must consider the political control and influence over open source. 00:07:48.406 --> 00:07:51.546 Many large open source foundations and organizations have deep, 00:07:51.746 --> 00:07:56.886 often financial ties to political activism organizations, both Mozilla and Wikimedia 00:07:56.886 --> 00:07:58.946 being some of the more well-known examples. 00:07:58.946 --> 00:08:03.746 Well, as he writes, buckle up, buttercup, because it's going to get worse. 00:08:03.946 --> 00:08:07.886 Back in March, the United Nations announced that 16 organizations had signed 00:08:07.886 --> 00:08:13.286 on to the United Nations Open Source Principles, a set of eight core principles, 00:08:13.506 --> 00:08:16.686 which open source organizations are vowing to adhere to. 00:08:16.906 --> 00:08:20.486 Five of the eight fairly obvious considering the topic not at all surprising. 00:08:20.886 --> 00:08:23.666 Expected things like make open source the standard approach, 00:08:23.966 --> 00:08:27.866 encourage active participation in open source, make security a priority. 00:08:27.866 --> 00:08:31.386 Awesome okay great all those things are good but three 00:08:31.386 --> 00:08:34.526 of the un open source principles raise significant red 00:08:34.526 --> 00:08:38.346 flags and let's check out those flags number 00:08:38.346 --> 00:08:44.286 four on the list and again this is they've all signed on to this foster inclusive 00:08:44.286 --> 00:08:49.306 participation and community building enabling and facilitating diverse and inclusive 00:08:49.306 --> 00:08:54.306 contributions inclusive diverse over the last several years These are basically 00:08:54.306 --> 00:08:56.966 code words for discriminate against people we don't like. 00:08:57.566 --> 00:09:01.886 Number seven on the list. This is the RISE. This is the RISE acronym. 00:09:02.186 --> 00:09:03.586 Recognize the contributions. 00:09:04.426 --> 00:09:08.006 Incentivize underrepresented groups with internships, promotions, 00:09:08.326 --> 00:09:12.626 scholarships, bonuses to encourage diversity. Read discrimination. 00:09:14.065 --> 00:09:16.585 Support underrepresented or 00:09:16.585 --> 00:09:20.605 marginalized groups with tailored resources to ensure equitable outcomes. 00:09:20.765 --> 00:09:22.765 Read, no meritocracy. 00:09:23.025 --> 00:09:26.865 Meaning, you know, we're told work hard and you'll get ahead and then you see 00:09:26.865 --> 00:09:28.485 other people who didn't get further. 00:09:29.225 --> 00:09:35.965 And the E, empower diverse individuals with leadership roles in order to promote DEI. 00:09:36.165 --> 00:09:40.665 It is, in essence, corporate speak checklist for encouraging discrimination. 00:09:41.065 --> 00:09:46.085 Remember, Blackwater, Clear Channel, those are out. Z and iHeart are in. 00:09:46.585 --> 00:09:50.565 Which brings us to the last UN open source principle, the one which quite possibly 00:09:50.565 --> 00:09:54.485 raises the biggest flag of all, number eight on the list, sustain and scale, 00:09:54.685 --> 00:10:00.265 supporting the development of solutions that meet the evolving needs of the UN system and beyond. 00:10:00.885 --> 00:10:05.325 Open source organizations which sign on to this compact are pledging to support 00:10:05.325 --> 00:10:08.605 the development of solutions that meet the needs of the United Nations. 00:10:08.865 --> 00:10:12.445 Or put another way, these orgs are pledging to do the bidding of the UN, 00:10:12.685 --> 00:10:17.125 whatever that might be, whatever next new catalyzing catastrophic event they 00:10:17.125 --> 00:10:20.845 have all got to get behind to knock you off of your banks or knock you off of 00:10:20.845 --> 00:10:21.745 your internet accounts. 00:10:22.165 --> 00:10:24.685 Which open source organizations are we talking about? 00:10:25.185 --> 00:10:30.205 The Linux Foundation, the GNOME Foundation, Eclipse Foundation, 00:10:30.525 --> 00:10:34.725 the Document Foundation, which is essentially LibreOffice and so many others. 00:10:34.885 --> 00:10:41.725 Heck, even NextCloud and Matrix have signed on, Matrix being one of the open-source 00:10:41.725 --> 00:10:45.025 alternatives to places like Discord. James? 00:10:46.345 --> 00:10:51.305 Yes. Well, James, I am not going to tell you that this is no big deal and that everybody's doing it. 00:10:53.459 --> 00:10:56.599 You know, just the very last part is just concerning because, 00:10:56.859 --> 00:11:01.199 hey, I was using OpenOffice until the open community told me, oh, don't do that. 00:11:01.279 --> 00:11:04.939 You've got to use LibreOffice these days. Well, now, now what do I use? 00:11:05.099 --> 00:11:09.559 Anyway, yeah, no, this is a concerning thing for a number of reasons. 00:11:10.479 --> 00:11:14.359 And maybe we can contextualize this and use this as a learning opportunity because 00:11:14.359 --> 00:11:17.419 it's a good idea to remind ourselves what these things actually mean. 00:11:17.539 --> 00:11:21.119 Because there is a real answer to that question, who controls open source. 00:11:21.119 --> 00:11:25.059 I understand why Lunduk would open with that as the sort of framing question of this. 00:11:25.179 --> 00:11:27.479 But the question is answered quite simply. 00:11:27.659 --> 00:11:33.419 Nobody. Nobody owns or controls open source. Because open source is simply a 00:11:33.419 --> 00:11:36.059 bare-bones concept. So let's lay it out for people. 00:11:36.199 --> 00:11:40.219 In the same way that a lot of terms get thrown around, for example, 00:11:40.379 --> 00:11:46.699 the non-aggression principle that underlines voluntarism is not an entire ethical moral philosophy. 00:11:47.239 --> 00:11:51.699 It's a good thing, but it's just one tiny necessary but not sufficient part 00:11:51.699 --> 00:11:53.499 of an entire ethical philosophy. 00:11:53.679 --> 00:11:57.499 In the same way, open source, yeah, is a good thing, but it's just one tiny 00:11:57.499 --> 00:12:02.019 part of a much bigger web of things that need to be considered when we're looking 00:12:02.019 --> 00:12:04.539 at, for example, software or journalism. 00:12:04.539 --> 00:12:08.899 Because as you know, open source intelligence news was the tagline of CorbettReport.com 00:12:08.899 --> 00:12:10.119 going back to its very inception. 00:12:10.419 --> 00:12:14.319 What does that mean? It means that I publish the links to my references. 00:12:14.319 --> 00:12:16.459 When I make a reference, I'll give you the links. 00:12:16.659 --> 00:12:20.359 That's the open source nature of the journalism that I do. That's all it means. 00:12:20.579 --> 00:12:25.519 So I can still be terrible and very bad at what I do, but I could be open source. 00:12:25.819 --> 00:12:28.339 Or I could be really good at what I do and be open source. 00:12:29.459 --> 00:12:32.759 The quality of it is not determined by the open sourceness of it. 00:12:32.979 --> 00:12:35.419 Open source is a good thing, but it isn't the be-all and end-all. 00:12:35.559 --> 00:12:42.979 So all of these big foundations that are running these big open source projects are signing up to the UN. 00:12:42.979 --> 00:12:47.919 And cynically, and perhaps most hopefully, you could say they're doing it because 00:12:47.919 --> 00:12:53.699 they want, you know, the UN participation, you know, laurel on their crown. 00:12:55.494 --> 00:13:00.494 What does any of this wishy-washy, mealy-mouthed language actually mean? 00:13:01.194 --> 00:13:05.994 Empowering individuals and communities or enabling and facilitating diverse 00:13:05.994 --> 00:13:09.074 and inclusive? I mean, that can mean absolutely anything. 00:13:09.334 --> 00:13:12.854 So cynically, one could imagine one would be like, okay, whatever, 00:13:13.034 --> 00:13:15.334 sure. Yeah, what does it actually mean? 00:13:15.694 --> 00:13:19.974 But more realistically, I mean, obviously, this is part of the UN gobbledygook 00:13:19.974 --> 00:13:24.074 globally's speak that is meant to spin the webs around the public. 00:13:24.074 --> 00:13:27.914 Oh, it sounds so wonderful and feel good, but what does it actually mean in reality? 00:13:28.074 --> 00:13:33.814 I guess we will find out because this open source principles document is apparently quite new. 00:13:34.014 --> 00:13:40.414 But here's a little research assignment for the would-be budding researchers out there. 00:13:40.614 --> 00:13:48.414 Can someone find me the actual UN post or PDF or whatever they have of the open 00:13:48.414 --> 00:13:55.394 source principles as adopted by this DTF, whatever it is, body that's some subcommittee of some UN. 00:13:57.154 --> 00:13:58.694 Committee or whatever it is. 00:13:59.634 --> 00:14:04.134 I can find their press releases about all the organizations signing up to this, 00:14:04.274 --> 00:14:09.134 but I cannot find the actual original here is the document that they're talking about. 00:14:09.314 --> 00:14:13.194 Anyway, I just thought that would be interesting to contextualize this whole story. 00:14:13.614 --> 00:14:20.214 But anyway, in the meantime, update, since this Lunduk story was published, it's now even worse. 00:14:20.794 --> 00:14:22.694 Milestone, UN open source principles 00:14:22.694 --> 00:14:28.254 endorsements reach 60, including the government of the French Republic. 00:14:28.514 --> 00:14:32.774 The government of France has signed up to this UN open source principles. 00:14:32.994 --> 00:14:34.154 So it just keeps getting worse. 00:14:34.414 --> 00:14:36.874 Surprise, surprise. Globalists love globalese. 00:14:37.434 --> 00:14:41.034 But again, let's just separate what's going on here. 00:14:41.394 --> 00:14:45.554 Open source is a good thing, but what does it actually mean and what's it embedded in? 00:14:45.774 --> 00:14:52.054 And that's when you get into the politics of Linux and Mozilla and organizations like that. 00:14:53.550 --> 00:14:58.490 I covered this story on my Tuesday technology-focused morning monarchy. 00:14:58.810 --> 00:15:05.030 I might have the links, James. I know I was reading from, maybe that is just 00:15:05.030 --> 00:15:08.470 the press release, but it did have the points that we, the red flags that we 00:15:08.470 --> 00:15:10.410 highlighted in yellow highlighter. 00:15:10.630 --> 00:15:17.190 So, ooh, I might have that one for you before anybody else actually hears this episode, James. 00:15:17.750 --> 00:15:22.870 It is open source is always capitalized in this article, I noticed. 00:15:22.870 --> 00:15:25.510 And even just then thinking, it's like, I don't think that's a thing. 00:15:25.670 --> 00:15:28.450 You know, I'm a word nerd. I don't think that's a thing you capitalize. 00:15:29.650 --> 00:15:34.330 And yeah, Pepsi, Chevron, they sponsor the arts because they care. 00:15:34.510 --> 00:15:35.790 They care about theater. 00:15:36.710 --> 00:15:39.770 They just want to get some tax write-offs. And you don't want to, 00:15:39.910 --> 00:15:43.450 again, the wind is blowing in a slightly different direction now. 00:15:43.450 --> 00:15:46.630 So you don't want to get left behind by the new corporate changes. 00:15:46.630 --> 00:15:52.850 That's why Bezos and others are smart to kind of readjust themselves for Trump 2.0. 00:15:53.750 --> 00:15:58.990 But an interesting one. For our third and final story, Tornado Cash co-founder 00:15:58.990 --> 00:16:02.830 found guilty on one of three charges after jury deadlock. 00:16:02.970 --> 00:16:06.670 James, I don't really know anything about this story. A Manhattan jury found 00:16:06.670 --> 00:16:10.590 Tornado Cash co-founder and developer Roman Storm, 00:16:10.810 --> 00:16:15.370 if that is his real name, guilty of charges related to conspiracy to run an 00:16:15.370 --> 00:16:18.890 unlicensed money business. That's our scam, buddy. 00:16:19.764 --> 00:16:23.084 Yeah, the poors won't get a chance to print their own money. 00:16:23.224 --> 00:16:26.084 Get out of here. In a Wednesday decision in the U.S. 00:16:26.464 --> 00:16:29.864 District Court for the Southern District of New York, which always generally 00:16:29.864 --> 00:16:34.064 relates to the biggest financial stories, which also relate to some of the biggest 00:16:34.064 --> 00:16:35.764 9-11 stories for some reason, 00:16:36.284 --> 00:16:40.364 Storm was found guilty of one felony charge related to his role at Tornado Cash, 00:16:40.584 --> 00:16:43.124 according to court reports from Inner City Press. 00:16:43.344 --> 00:16:47.944 The jury convicted Roman on conspiracy to run an unlicensed money transmittal 00:16:47.944 --> 00:16:52.424 business, which carries a maximum sentence of, eh, five years in a cage. 00:16:52.984 --> 00:16:57.544 No unanimity was reached on charges of conspiracy to commit money laundering, 00:16:57.624 --> 00:17:01.464 nor on conspiracy to violate North Korea's sanctions. 00:17:01.884 --> 00:17:03.764 Because that'll get you in big trouble. 00:17:04.244 --> 00:17:08.704 They didn't get ditty on the RICO charges either. After four days of deliberations, 00:17:08.864 --> 00:17:12.144 jurors in the trial informed the court they were deadlocked on certain charges, 00:17:12.324 --> 00:17:14.844 prompting the judge to go, get back in there and work it out. 00:17:15.304 --> 00:17:19.684 You gotta reach a unanimous verdict. The prosecutor's case focused on presenting 00:17:19.684 --> 00:17:21.764 witnesses, mainly from the Federal 00:17:21.764 --> 00:17:25.924 Bureau of Investigation, the Internal Revenue Service, and hackers. 00:17:26.744 --> 00:17:30.524 Who of course probably had been busted and were forced into black hatting for 00:17:30.524 --> 00:17:35.744 the feds, testify that Storm had the ability to modify Tornado Cash's code to 00:17:35.744 --> 00:17:39.564 prevent illicit use by criminals, but chose not to. 00:17:40.204 --> 00:17:44.824 Storm's legal team put forth its own experts, including Ethereum core developer 00:17:44.824 --> 00:17:48.344 Preston Van Loon and Naxo co-founder Matthew Edmond. 00:17:48.784 --> 00:17:53.104 The Tornado Cash co-founder indicted August 2023 for money laundering, 00:17:53.344 --> 00:17:58.484 conspiracy to operate an unlicensed money transmitter, and conspiracy to violate U.S. 00:17:58.804 --> 00:18:03.244 Sanctions. So wait, who's sanctioning who here? Storm pleaded not guilty and 00:18:03.244 --> 00:18:06.984 had been free on bail since his arraignment. that would have been his chance 00:18:06.984 --> 00:18:10.424 to run away to Italy like he's Jimmy Kimmel. 00:18:11.464 --> 00:18:16.644 But Judge Catherine Fahia reportedly said during Storm's trial that she was 00:18:16.644 --> 00:18:22.324 being mindful of other crypto-related cases, of course, including FDX's scam bankman fraud, 00:18:22.704 --> 00:18:28.764 former OpenSea product manager Nathaniel Chastain, and OneCoin co-founder Carl Greenwood. 00:18:29.584 --> 00:18:33.704 All three, whose cases were litigated by the Southern District of New York, 00:18:33.824 --> 00:18:35.244 sentenced to serve time in prison. 00:18:35.604 --> 00:18:38.764 Storm's sentencing hearing has yet to be scheduled, and prior to and throughout 00:18:38.764 --> 00:18:41.944 the trial, he claimed to be innocent. That's what they all do. 00:18:42.244 --> 00:18:44.024 Supporters of the Tornado Cash 00:18:44.024 --> 00:18:47.064 co-founder contributed more than $3 million to his legal defense fund. 00:18:47.424 --> 00:18:51.764 Among those who donated the most were Ethereum co-founder Vitalik Buterin, 00:18:52.284 --> 00:18:56.044 Paradigm founder Matt Huang, and the Ethereum Foundation. 00:18:56.564 --> 00:19:01.564 In related crypto news from news.bitcoin.com, nothing left to use. 00:19:01.764 --> 00:19:07.684 Monero Reorganization and Samurai Takedown Spark Privacy Doomsday Talk. 00:19:07.684 --> 00:19:13.104 And know your customer, KYC, the quiet kill switch. 00:19:13.404 --> 00:19:19.344 James, a lot of moves really quickly here in the crypto sphere as crypto is 00:19:19.344 --> 00:19:21.444 pretty much booming. What is it? Oh, damn. 00:19:22.224 --> 00:19:25.004 As I speak to this might be the new high. Oh, definitely. 00:19:27.104 --> 00:19:31.504 $124,224. So that might be why the big interest right now. 00:19:31.944 --> 00:19:36.624 Oh, absolutely. And really, this is just the culmination of what I have been 00:19:36.624 --> 00:19:39.284 talking about I'm warning about for, I don't know, a decade now, 00:19:39.404 --> 00:19:43.024 at least in the crypto space, because of course we have all the crypto bros 00:19:43.024 --> 00:19:47.304 that have moved into the space that only care about one thing, number go up. 00:19:47.654 --> 00:19:51.734 That's it. Who cares? Whatever. Let me sign my tax compliance. 00:19:51.734 --> 00:19:56.754 Here is my blood sample and my next of kin and my government ID and whatever you want. 00:19:56.914 --> 00:20:00.194 Comply, comply, comply. And yay, look, number go up. 00:20:00.494 --> 00:20:04.894 But what can you do with that number once it goes up? Not as much as you could 00:20:04.894 --> 00:20:09.934 have if people had actually cared about what crypto was supposed to be about, 00:20:10.094 --> 00:20:14.534 or at least the way it was sold in the freedom-loving spaces 15 years ago, 00:20:14.554 --> 00:20:16.694 which is not compliance. 00:20:16.694 --> 00:20:19.254 And here we are at the culmination of this. 00:20:19.434 --> 00:20:23.454 The Trump 2.0 revitalized it. This is the crypto presidency. 00:20:23.734 --> 00:20:26.834 Yay, all this wonderful stuff. They just had Crypto Week, guys, 00:20:27.054 --> 00:20:30.894 passing these wonderful acts like the anti-CBDC. 00:20:31.134 --> 00:20:32.554 Yay, I'm against CBDC. 00:20:32.814 --> 00:20:38.534 And this stable genius act, right, with the stable coin regime that they are 00:20:38.534 --> 00:20:41.514 putting in to license and to monitor 00:20:41.514 --> 00:20:45.654 and to regulate and to control stablecoins and how they are issued. 00:20:46.074 --> 00:20:50.914 And I still have people in my own comment section even saying, 00:20:50.994 --> 00:20:53.434 stablecoins are a great thing. Yeah, right. 00:20:53.614 --> 00:20:57.634 But did you even read the Genius Act? Do you understand what's happening? 00:20:57.854 --> 00:21:04.194 And here we are at Tornado Cash founder getting dragged in for, 00:21:04.194 --> 00:21:07.534 what, money transmitting charges. 00:21:07.914 --> 00:21:12.714 For those who don't know, Tornado Cash was a coin mixer. It did not handle or 00:21:12.714 --> 00:21:15.134 control anybody's coins at any point. 00:21:15.334 --> 00:21:20.654 So essentially what is happening here is that an open source developer of software 00:21:20.654 --> 00:21:26.614 that truly was not custodial in any way, it didn't control anyone's money, 00:21:26.774 --> 00:21:31.214 but he is being taken to court for this, which sets an awfully bad precedent 00:21:31.214 --> 00:21:34.134 for the future of the entire space. 00:21:34.494 --> 00:21:36.634 And of course, what is going to happen? 00:21:37.074 --> 00:21:41.874 People who would, the tornado cash developers of the future will see that and 00:21:41.874 --> 00:21:45.434 know, okay, well, if I don't want to go to jail in the US, I won't do this. 00:21:45.614 --> 00:21:48.454 So this is the state that we're in. 00:21:48.754 --> 00:21:51.274 Number go up, even as freedom go down. 00:21:51.714 --> 00:21:55.694 That's not the, that wasn't the deal that I was interested in back when I first 00:21:55.694 --> 00:21:59.934 started covering and talking about crypto years and years and years ago. 00:22:00.094 --> 00:22:02.734 And I'm sure many people will say, well it was just the inevitable way that 00:22:02.734 --> 00:22:06.334 it will go well it is the inevitable way it will go if people still only care 00:22:06.334 --> 00:22:11.654 about number go up and so um i don't know stick a coin in it stick a fork in 00:22:11.654 --> 00:22:15.394 it bitcoin is done stick a fork in it crypto is over i don't know about that 00:22:15.394 --> 00:22:19.874 yet but we are certainly getting there with these types of regulatory and judicial moves, 00:22:20.800 --> 00:22:24.400 When you stick a coin in it, that makes it go. That gives you a ride. 00:22:25.780 --> 00:22:33.580 You said confirm, confirm, confirm. My wife, Cassbot, she hates even clicking submit on websites. 00:22:33.800 --> 00:22:40.040 So that's even why on MediaMonarchy.com, you might note it says send or confirm. Confirm. Yeah. 00:22:42.560 --> 00:22:46.780 NewWorldNextWeek.com is your source for corporate report USBs and DVDs. 00:22:46.880 --> 00:22:49.300 And James, did we ever get much feedback about folks saying, 00:22:49.300 --> 00:22:51.520 I don't even have a USB port anymore. 00:22:51.560 --> 00:22:56.840 Wondering maybe sort of what the future of our library of Alexandria's might be. 00:22:57.260 --> 00:23:00.820 But we also mentioned last week, of course, the Octopus radio play. 00:23:00.960 --> 00:23:05.040 We have now crossed another anniversary of the death of Danny Casolaro, 00:23:05.280 --> 00:23:10.000 an original radio play produced by the Media Monarchy Kingdom is there. It's only 20 bucks, man. 00:23:10.580 --> 00:23:13.800 But what I will note is if you buy more corporate 00:23:13.800 --> 00:23:16.800 report usbs and bundles which are 00:23:16.800 --> 00:23:19.620 in stock and ready to ship then we'll have 00:23:19.620 --> 00:23:22.520 money to buy more shirts and hoodies that people 00:23:22.520 --> 00:23:25.720 are asking about see how that whole kind of thing works 00:23:25.720 --> 00:23:28.520 things are getting tight all around james you can 00:23:28.520 --> 00:23:31.860 tell that the economy is contracting i 00:23:31.860 --> 00:23:34.740 have people who have said oh not doing so well my business 00:23:34.740 --> 00:23:37.800 not doing so well we are it's 00:23:37.800 --> 00:23:41.100 again it is a blessing and it is we're thankful that 00:23:41.100 --> 00:23:46.460 we have had the support that we've had this many years james i get the exclusive 00:23:46.460 --> 00:23:51.180 audio of these episodes that i play after my morning monarchy on what i call 00:23:51.180 --> 00:23:58.200 monarchy radio again i'm old school radio guy i made essentially my website into a stream. 00:23:58.943 --> 00:24:03.403 Members only can stream 24-7 music all the time, all my classic shows. 00:24:03.563 --> 00:24:04.543 Everything is all right there. 00:24:04.723 --> 00:24:09.303 And again, a whole membership that you can join and you can learn things and you can solve problems. 00:24:09.523 --> 00:24:13.723 And again, as we used to say, James, make community and not conspiracy. 00:24:14.023 --> 00:24:16.283 That is episode 601, buddy. You doing okay? 00:24:16.943 --> 00:24:20.463 I am doing okay. And yeah, let me just acknowledge what you said there because, 00:24:20.643 --> 00:24:23.483 yeah, I know times are tough for a lot of people and I'm hearing it from people 00:24:23.483 --> 00:24:24.603 in my own audience as well. 00:24:24.663 --> 00:24:28.583 So let me stress, as always, please do not sign up for a Corporate Report membership. 00:24:28.583 --> 00:24:30.263 If it is a financial burden on you. 00:24:30.383 --> 00:24:32.843 If a few dollars a month is going to break your bank one way or another. 00:24:33.883 --> 00:24:36.123 Corporate report support should be the last thing on your list. 00:24:36.203 --> 00:24:39.683 So please don't do that. If you do have the funds to do that, 00:24:39.803 --> 00:24:41.423 I, of course, truly appreciate it. 00:24:41.523 --> 00:24:46.223 And yes, I certainly hope people will take you up on that newworldnextweek.com 00:24:46.223 --> 00:24:51.803 USB offer because, yeah, I lost a significant amount of money on the store last 00:24:51.803 --> 00:24:55.043 month because I had to order in a bunch of USBs. 00:24:55.163 --> 00:24:58.483 And so a few more months of that and there won't be a store. 00:24:58.583 --> 00:25:02.403 So I hope people will, if they can, again, support the work. 00:25:02.503 --> 00:25:08.763 And yeah, I didn't hear one single person, not one person said anything at all about USBs or anything. 00:25:08.923 --> 00:25:12.283 So that just confirms nobody watches till the end of New World next week. 00:25:13.363 --> 00:25:18.163 Well, here at the end, I'll get a note. It has been nice to be back on YouTube. 00:25:18.163 --> 00:25:24.343 And I'll send out a hello to Lenny out there, Media Monarchy member, who again was a member. 00:25:24.723 --> 00:25:26.963 Times got tough having to work extra. Sure. 00:25:27.483 --> 00:25:30.923 So hopefully, again, we've been through these issues before, James. 00:25:31.083 --> 00:25:35.563 We pretty much came on air after the big Bush-Obama-Bankster bailout, 00:25:35.703 --> 00:25:37.923 the economy crash of 2008. 00:25:38.403 --> 00:25:43.443 And here we are still in August of 2025. If alternative media is valuable to 00:25:43.443 --> 00:25:47.483 you and resonates with you and you are able, we would love your support. 00:25:47.883 --> 00:25:48.883 James, there it is, buddy. 00:25:49.383 --> 00:25:51.463 There it is. And I think we'll leave it there till next week. 00:25:51.583 --> 00:25:54.303 James, thank you, as always, for the stories. Looking forward to doing it again. 00:25:54.883 --> 00:25:56.943 Thanks so much, man. Take care. Take care.