Rabbit Hole Recap

ROSS IS FREE | RABBIT HOLE RECAP #341


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- Donald Trump Signs 'A Full and Unconditional Pardon' for Silk Road Founder Ross Ulbricht https://www.nobsbitcoin.com/donald-trump-frees-ross/


- President Trump YOLOs a Shitcoin on the Eve of Inauguration https://www.nobsbitcoin.com/president-trump-yolos-a-shitcoin-on-the-eve-of-inauguration/


- President Trump Issues Executive Order to Create Working Group on Digital Assets https://www.nobsbitcoin.com/president-trump-issues-executive-order-to-create-a-working-group-on-digital-assets/


- U.S. District Court Officially Reverses Sanctions on Tornado Cash Mixer https://www.nobsbitcoin.com/u-s-district-court-officially-reverses-sanctions-on-tornado-cash-mixer/


- Tornado Cash Sanctions Reversal Has No Effect on Developers' Trial, Says DOJ https://www.nobsbitcoin.com/tornado-cash-sanctions-reversal-has-no-effect-on-developers-trial-says-doj/


- US SEC Withdraws Controversial Accounting Guidance SAB 121 Days After Gary Gensler Leaves https://www.nobsbitcoin.com/us-sec-withdraws-controversial-accounting-guidance-sab-121-days-after-gary-gensler-leaves/


- Senator Cynthia Lummis Demands FDIC to Halt Destruction of Operation Chokepoint 2.0 Materials https://www.nobsbitcoin.com/senator-cynthia-lummis-demands-fdic-to-halt-destruction-of-operation-chokepoint-2-0-materials-2/


- Iran | Regime Profiting From Currency Devaluation

In Iran, Hossein Samsami, a member of the parliament’s economic committee, accused the government of exploiting foreign currency exchange rates to profit at the expense of ordinary citizens. The regime recently increased the rial’s official exchange rate from 550,000 to 640,000 rial per dollar — a move Samsami explained “was to sell the $5 billion it had taken from the National Development Fund at the highest price.” By manipulating the exchange rate, the regime effectively stole one quadrillion rials ($23 billion) from citizens. This deliberate devaluation will drive up inflation, deplete savings, and push basic goods further out of reach. Iran’s multi-tiered exchange rate system has long fueled corruption, allowing regime insiders to profit from the gap between the artificially low official exchange rate and the higher free-market rate. To block any financial escape, the regime has tried to close onramps to Bitcoin. FinancialFreedomReport.org



0:00 - Intro

4:45- #RossFree

15:06 - Trump’s crypto policy

21:24 - Trump coin

29:02 - Fold SEC approval

29:52 - Tornado Cash

32:26 - SAB 122

39:17 - Lummis FDIC

46:44 - Boosts

50:15 - HRF Story of the Week

52:48 - Ocean mining question



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