Alleges – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 10 Sep 2025 22:03:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.11 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Alleges – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Trump CFTC pick alleges Tyler Winklevoss attempted to influence his appointment, discloses private texts https://earlybirdsinvest.com/trump-cftc-pick-alleges-tyler-winklevoss-attempted-to-influence-his-appointment-discloses-private-texts/ https://earlybirdsinvest.com/trump-cftc-pick-alleges-tyler-winklevoss-attempted-to-influence-his-appointment-discloses-private-texts/#respond Wed, 10 Sep 2025 22:03:49 +0000 https://earlybirdsinvest.com/trump-cftc-pick-alleges-tyler-winklevoss-attempted-to-influence-his-appointment-discloses-private-texts/

President Trump’s CFTC chair nominee Brian Quintenz alleged that Tyler Winklevoss attempted to derail his confirmation after Quintenz refused to promise favorable treatment regarding the exchange’s past litigation with the commission.

According to private text messages released by Quintenz on Sept. 10, Winklevoss shared Gemini’s 13-page complaint against the CFTC Inspector General in a July 2025 exchange.

He claimed the agency pursued “dubious false statements charges” and “selectively and unfairly weaponized” enforcement against the company.

Winklevoss described seven years of “lawfare trophy hunting” by the commission in the leaked messages.

Transparency claims

Winklevoss questioned why the CFTC sued Gemini rather than “parties that defrauded us of $10mil” or CBOE. He also questioned why the commission continued pursuing Gemini “after it knew its investigation was started based on a false whistleblower.”

Quintenz consistently refused to make specific commitments, stating that “any decision or response to your complaint should be made by and given the full weight of the confirmed chair.”

He committed only to addressing matters “fully and fairly if and when I am confirmed,” while emphasizing the importance of proper process.

Winklevoss then expressed disappointment that Quintenz hadn’t reviewed their complaint despite previous discussions.

Additionally, the Gemini co-founder stressed that “cultural reform, which includes rectifying what happened to us, should be the highest priority” and urged Quintenz to align with President Donald Trump’s mandate to end regulatory warfare.

Quintenz explained his approach of waiting for confirmation before forming judgments. He added that he decided “to wait until I can get into the role to get that view as opposed to trying to get it now through current leadership.”

He described having “a very poor experience with that on every important issue or decision so far” when dealing with existing commission staff.

The message release comes two days before Gemini’s planned IPO on Sept. 12.

Quintenz claimed that Winklevoss contacted Trump in an effort to pause his confirmation for undisclosed reasons following their exchange.

He added that he disclosed the discussions with Winklevoss to protect the President from misinformation and demonstrate his commitment to transparency over personal advancement.

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Top DOJ official alleges Epstein cover-up in secret recording https://earlybirdsinvest.com/top-doj-official-alleges-epstein-cover-up-in-secret-recording/ https://earlybirdsinvest.com/top-doj-official-alleges-epstein-cover-up-in-secret-recording/#respond Fri, 05 Sep 2025 18:52:35 +0000 https://earlybirdsinvest.com/top-doj-official-alleges-epstein-cover-up-in-secret-recording/

A secretly recorded conversation with a top Department of Justice (DOJ) official accuses Pam Bondi and the DOJ of a massive cover-up in the Jeffrey Epstein case.

Joseph Schnitt, the Acting Deputy Chief of the Office of Enforcement Operations, was covertly recorded by Project Veritas founder James O’Keefe during what Schnitt believed was a private date arranged through a dating app. In the hidden camera footage, Schnitt made a series of explosive claims that the DOJ has since denied.

During the recorded meeting, Schnitt alleged that the DOJ was planning to manipulate the release of documents related to Jeffrey Epstein’s case. He claimed that “thousands and thousands of pages” of files exist and that the department would “redact every Republican or conservative person in those files, leaving all the liberal, Democratic people intact.”

Schnitt’s comments didn’t stop there. He also discussed the transfer of Ghislaine Maxwell to a minimum-security prison. “She got transferred to a minimum security prison. It’s against BOP [Bureau of Prisons] policy because she’s a convicted sex offender. And they’re not supposed to get minimum security prisons, which is an interesting detail because she’s getting a benefit, which means they’re offering her something to keep her mouth shut.”

He also told his date that the FBI’s Kash Patel and Dan Bongino are clashing with Attorney General Pam Bondi over the suppression of the files:

“The head of FBI [Kash Patel] really wants to… second-in-command [Dan Bongino] at FBI has been causing problems, because he’s like, ‘No, these [Epstein Files] have to be released.’ The FBI wants them out. The top two guys that will do it. But they work for Bondi, so… Bondi wants whatever Trump wants. Internally there’s a lot of conflict.”

The Department of Justice confirmed the authenticity of the video but stated that Schnitt “had no role in the Department’s internal review of Epstein materials,” and his comments “have absolutely zero bearing with reality and reflect a total lack of knowledge of the DOJ’s review process.” To back up its claims, the DOJ tweeted a screenshot of a note that Shnitt ostensibly sent to his boss at the DOJ, Acting Director Jeffrey Pollak, about his date:

Acting Director Pollak:

I met a woman named Skylar on Hinge, a dating app, in July 2025, her profile is no longer findable. We had two dates (August 4 and August 16). She claimed to be an au pair in Georgetown. She gave no clues that she was a reporter or recording our dates. Had la clue, the first date would have ended immediately and there never would have been a second one. My profile indicated I did “Government” work but did not specify for which agency. I never discussed what I do at DOJ.

The comments I made were my own personal comments on what l’ve learned in the media and not from anything l’ve done at or learned via work. I have no knowledge of the circumstances surrounding Ms. Maxwell other than what is reported in the news. I also never divulged anything about what I do at work. I recall that she asked if I had any knowledge about Maxwell and I specifically said I only know what’s been reported in the media.

Joseph Schnitt,
A/Deputy Chief Special Operations Unit
Office of Enforcement Operations

It makes one wonder. Schnitt holds a senior position within the DOJ, yet his comments were dismissed as “misunderstanding and lack of factual basis.” What information remains hidden in the Epstein case, and who might be protected by continued secrecy? The DOJ doesn’t want us to find out.

Previously:
• Documents reveal decades-long Trump-Epstein relationship despite denials

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Trump DOJ corruption? Fired aide alleges payments for merger approvals. https://earlybirdsinvest.com/trump-doj-corruption-fired-aide-alleges-payments-for-merger-approvals/ https://earlybirdsinvest.com/trump-doj-corruption-fired-aide-alleges-payments-for-merger-approvals/#respond Wed, 20 Aug 2025 21:26:21 +0000 https://earlybirdsinvest.com/trump-doj-corruption-fired-aide-alleges-payments-for-merger-approvals/

A former Trump Justice Department appointee blasted some of his ex-colleagues in a speech Monday, saying they “perverted justice and acted inconsistent with the rule of law” — and he named names.

Roger Alford was a top appointee in the DOJ’s antitrust division in both President Donald Trump’s first and second terms. He and his boss, DOJ antitrust division chief Gail Slater, are associated with a faction on the right that wants tougher antitrust enforcement. They take a more skeptical view of mergers in sectors where only a few major companies are competing.

But Alford was fired last month. And now, he’s gone public about what happened, outlining what he said amounted to a “pay-to-play” scandal, where companies paid well-connected outside MAGA influencers to try to get mergers approved, and certain top DOJ officials played ball.

“For 30 pieces of silver, MAGA-in-Name-Only lobbyists are influencing their allies within the DOJ and risking President Trump’s populist conservative agenda,” Alford said. “Their goal is to line their own pockets by working for any corporation that will pay top dollar to settle antitrust cases on the cheap.”

“Perverted justice and acted inconsistent with the rule of law”

Though Alford didn’t have anything negative to say about Trump or Attorney General Pam Bondi, he pointed the finger at two officials in particular: Bondi’s chief of staff, Chad Mizelle, and Associate Attorney General nominee Stan Woodward.

Mizelle “makes key decisions depending on whether the request or information comes from a MAGA friend,” Alford said. He continued: “Aware of this injustice, companies are hiring lawyers and influence peddlers to bolster their MAGA credentials and pervert traditional law enforcement.”

The background to this is that back in January, shortly after Trump was sworn in, the DOJ’s antitrust team sued to block IT company Hewlett Packard Enterprise from buying a rival, Juniper Networks.

But in June, DOJ suddenly backed off, agreeing to a settlement that let the deal proceed with minor concessions.

This, Alford clearly believes, was because Hewlett Packard hired two outside MAGA figures to grease the wheels for them: Mike Davis (a conservative legal activist) and Arthur Schwartz (a longtime ally of Donald Trump Jr.).

“Mike Davis and Arthur Schwartz have made a Faustian bargain of trading on relationships with powerful people to reportedly earn million-dollar success fees by helping corporations undermine Trump’s antitrust agenda, hurt working class Americans, break the rules, and then try to cover it up,” Alford said in his speech.

Alford didn’t go into all the details about what happened, but Semafor has reported that Mizelle overruled Slater and Alford to push through the Hewlett Packard settlement — and Alford was fired soon afterward. (The drama spilled out into public, and even Laura Loomer got involved, as the antimonopoly advocate Matt Stoller has chronicled.)

Urging a judge reviewing the merger to dig into the matter more, Alford’s speech continued: “It is my opinion that in the HPE/Juniper merger scandal, Chad Mizelle, and Stanley Woodward perverted justice and acted inconsistent with the rule of law. I am not given to hyperbole, and I do not say that lightly.”

A DOJ spokesperson pushed back in a statement: “Roger Alford is the James Comey of antitrust — pursuing blind self-promotion and ego, while ignoring reality. He was fired from the Department, and all should treat his comments for what they are — the delusional musings of a disgruntled ex.”

What this is really all about

Over the past decade, a new antitrust movement skeptical of Big Tech and big corporations generally has gained some traction on both the left and right. Joe Biden’s FTC chair, Lina Khan, became the face of this movement for Democrats, and certain up-and-coming Republicans seeking a populist brand, such as JD Vance, professed admiration for her.

Most Republicans, though, loathed Khan, sympathizing with complaints from business leaders that she was overly scrutinizing mergers, and took the GOP’s traditional pro-corporate line.

When Trump won his second term, though, he nominated a Vance staffer, Gail Slater, as his DOJ antitrust chief. Antitrust reformers like Stoller liked Slater and took her appointment as an encouraging sign that “Trump wants to take on big tech.”

In practice, though, Trump’s administration has been most defined by its weaponization of government for shakedown tactics. Trump likes deals, and he likes getting companies (or universities) to cough up money. He likes it when people ask him for favors, and he likes asking for things from them in return. He was never truly committed to an ideological agenda of tough antitrust enforcement. And he’s fine with Big Tech, so long as Big Tech gives him what he wants.

Slater and Alford apparently didn’t get the memo and thought they’d have a free hand to enforce the law as they felt appropriate. But this earned them enemies inside and outside the administration, CBS News reported last month. There were deals to be had — and money to be made.

In his speech, Alford referred to “people inside and outside government” who “consider law enforcement not as binding rules but an opportunity to leverage power and extract concessions.”

But though Alford put the blame on those two DOJ officials, his description seems to fit Trump’s approach to governance quite well.

We don’t know whether Trump himself got involved in the Hewlett Packard matter. But, as the saying goes, the Cossacks work for the Czar.

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Secret Deal Backfired? FTX Exec's Wife Alleges Broken Promise by Prosecutors https://earlybirdsinvest.com/secret-deal-backfired-ftx-execs-wife-alleges-broken-promise-by-prosecutors/ https://earlybirdsinvest.com/secret-deal-backfired-ftx-execs-wife-alleges-broken-promise-by-prosecutors/#respond Sat, 10 May 2025 12:11:13 +0000 https://earlybirdsinvest.com/secret-deal-backfired-ftx-execs-wife-alleges-broken-promise-by-prosecutors/

Former FTX Digital Markets co-CEO Ryan Salame’s wife, Michelle Bond, is asking a US judge to drop the charges against her.

She said that federal prosecutors tricked her husband into pleading guilty by promising they would not go after her.

In a filing submitted on May 7 to a federal court in New York, Bond’s lawyers repeated claims Salame had made. They argued that the government used misleading tactics to get Salame to agree to a deal that ultimately sent him to prison.

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According to the filing, prosecutors privately said they would stop investigating Bond—but refused to put that in writing. Meanwhile, the court document said:

Mr. Salame and Ms. Bond’s attorneys were advised that the agreement to cease investigating Ms. Bond could not be placed within the four corners of the Salame plea or other written agreement.

However, it adds that the government still used the promise as a way to persuade him to plead guilty.

It also stated that there was enough disagreement over what promises were made to Salame and Bond that a court hearing—with access to more evidence—should take place.

In August 2024, federal officials charged Bond with several campaign finance violations, including excessive donations, accepting money from companies through middlemen, and filing false reports with election regulators.

Bond’s filing also suggests politics played a part. She hints that her Republican party affiliation may have influenced the charges against her. However, the charges she faces are based on financial records and campaign donations—not on political views.

Recently, Changpeng “CZ” Zhao confirmed that he asked former President Donald Trump for a pardon. What did he say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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WSJ alleges CZ agreed to inform on Justin Sun in plea deal; CZ denies claims https://earlybirdsinvest.com/wsj-alleges-cz-agreed-to-inform-on-justin-sun-in-plea-deal-cz-denies-claims/ https://earlybirdsinvest.com/wsj-alleges-cz-agreed-to-inform-on-justin-sun-in-plea-deal-cz-denies-claims/#respond Sun, 13 Apr 2025 09:57:49 +0000 https://earlybirdsinvest.com/wsj-alleges-cz-agreed-to-inform-on-justin-sun-in-plea-deal-cz-denies-claims/

The former CEO of Binance, Changpeng Zhao or CZ, agreed to assist prosecutors in building their case against Justin Sun, the founder of Tron, The Wall Street Journal reported on April 12. The exclusive report that cited anonymous sources familiar with the matter stated:

“As part of Zhao’s plea deal, he agreed to give evidence on Sun to prosecutors.”

This “arrangement” or clause of his plea deal “hasn’t previously been reported,” the report said.

CZ discredits WSJ report as “hit piece”

Prior to the WSJ report’s publication, CZ posted on X that he had learned that the WSJ was writing “another baseless hit piece.” He noted that he had received the information from “multiple” sources.

After the report’s publication, CZ further discredited it on X, stating:

“WSJ is really TRYING here. They seem to have forgotten who went to prison and who didn’t.”

CZ pleaded guilty to violating anti-money laundering laws by failing to institute proper measures to bar criminals from using the largest crypto exchange. He also resigned from his position as CEO and agreed to pay a $50 million fine. Zhao was also barred from involvement in Binance for three years.

After serving a four-month sentence, CZ was released on Sept. 27, 2024. He claims that his prison sentence is proof that he did not agree to inform on Sun since “People who become gov witnesses don’t go to prison. They are protected.”

The above claim by CZ is not entirely accurate. It is true that providing testimony or evidence against another individual can lead to benefits in a plea deal, like a reduction in sentence or immunity. However, individuals can still be prosecuted if prosecutors obtain evidence of their crimes independently.

Nevertheless, CZ noted:

“I heard someone paid WSJ employees to smear me.”

CZ has denied previous WSJ claims

Last month, the WSJ published a report claiming that CZ was trying to obtain a pardon from U.S. President Donald J. Trump for his guilty plea.

The report further alleged that representatives of Trump’s family were in talks to invest in the U.S. arm of Binance, which paid a historic fine of $4.3 billion after pleading guilty. The Trump family is reportedly interested in acquiring a stake in the exchange’s U.S. entity.

In a post on X, CZ claimed that the WSJ report had gotten the “facts wrong.” He admitted that while no convicted felon would “mind a pardon,” he has had no such discussions. CZ added:

“Feels like the article is motivated as an attack on the President and crypto, and the residual forces of the “war on crypto” from the last administration are still at work.”

Reiterating his sentiment on April 12, CZ responded to a user stating that he “also heard some rumors about some players “lobbying” against us again in the US.”

Despite CZ’s previous denials, WSJ doubled down on its previous claims about Binance negotiating with Trump family about a possible deal. The report also alleged that the exchange is trying to loosen the reigns of the monitor that oversees its compliance with U.S. laws. Binance had agreed to the monitoring as part of its plea deal.

Sun calls CZ a “mentor and close friend”

In an X post, Sun said that he was “not aware” of the plea deal arrangement alleged by “circulating rumors.” He noted:

“CZ is both my mentor and a close friend—he has played a crucial role in supporting me during my entrepreneurial journey.”

He added that CZ’s “conduct and principles remain the highest standard I strive to follow as a founder.”

On March 22, 2023, the U.S. Securities and Exchange Commission (SEC) charged Sun and his companies for violating securities laws and engaging in fraud. The SEC alleged that the sale of TRON (TRX) and BitTorrent (BTT) tokens constituted unregistered securities offerings.

The SEC further claimed that Sun engaged in illegal wash trading to inflate the price of TRX. Wash trading refers to an illegal practice where a trader buys and sells a security almost simultaneously to manipulate the market. The fake trades indicate a higher trading volume and could attract legitimate investment in the security.

The SEC’s allegations also included that Sun and his companies orchestrated a scheme where high-profile celebrities were paid to endorse TRX and BTT without disclosing their compensation. Eight celebrities, including Lindsay Lohan, were separately charged by the SEC for participating in the endorsement scheme.

While Sun was fighting to have the SEC’s case dismissed, on Feb. 26, Sun and the SEC jointly filed a request to pause the legal battle to allow for settlement negotiations. Sun’s legal team said that the negotiations could open a path to resolution without further litigation.

Referring to the WSJ report in a separate X post, Sun said, “They always try to use rumors to drive us apart, to divide us instead of unite us.” He added that “standing together” was the only way to “change everything.”

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Thousands of Americans’ Personal Information Exposed By Banking Giant Capital One, Alleges New Class Action Lawsuit https://earlybirdsinvest.com/thousands-of-americans-personal-information-exposed-by-banking-giant-capital-one-alleges-new-class-action-lawsuit/ https://earlybirdsinvest.com/thousands-of-americans-personal-information-exposed-by-banking-giant-capital-one-alleges-new-class-action-lawsuit/#respond Sat, 05 Apr 2025 01:13:34 +0000 https://earlybirdsinvest.com/thousands-of-americans-personal-information-exposed-by-banking-giant-capital-one-alleges-new-class-action-lawsuit/

A massive data breach exposed thousands of Capital One customers’ sensitive data, putting them at lifelong risk of identity theft, a new class action lawsuit claims.

Filed by plaintiff Andrew Willoughby, the suit alleges Capital One Financial Corporation, Capital One N.A. and Capital One Bank (USA) N.A. entities exposed its customers’ personal identifiable information (PII) due to an employee’s negligence.

The suit alleges that because of inadequately protected computer systems, customers’ names, Social Security numbers, addresses, email addresses, dates of birth, telephone numbers, credit card numbers, transaction history, and other financial information exposed via a data breach.

The breach happened between August 11, 2022 and May 22, 2023, when an “unauthorized actor” accessed client PII due to the employee’s “failure to maintain an adequate security system,” according to the lawsuit.

The Capital One employee also allegedly delayed informing the plaintiffs of what happened in time to save them from potential identity theft crimes.

Says the complaint,

“Due to Defendants’ negligence, cybercriminals obtained everything they need to commit identity theft and wreak havoc on the financial and personal lives of thousands of individuals…

Defendants were negligent and failed to inform Plaintiff and the Class Members of the data breach in time for them to protect themselves from identity theft.”

Now, the suit alleges that “for the rest of their lives,” Capital One customers will have to face the threat of identity thieves possessing or misusing their personal information via the dark web.

“The unencrypted PII of Plaintiff and Class Members may end up for sale on the dark web or simply fall into the hands of companies that will use the detailed PII for targeted marketing without the approval of Plaintiff and Class Members. Unauthorized individuals can easily access the PII of Plaintiff and Class Members.”

Capital One was also recently accused of engaging in “cancel culture” by President Donald Trump’s son Eric Trump.

The bank has $490.1 billion in total assets as of the end of last year.

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