Article
'We Outright Grabbed The Wallets': Bessent Boasts $1BN In Iran State Crypto Seized To Date
'We Outright Grabbed The Wallets': Bessent Boasts $1BN In Iran State Crypto Seized To Date
Washington's economic war on Iran and its 'shadow' banking network continues, as on Friday Treasury Secretary Scott Bessent announced the US has seized $1 billion in Iranian cryptocurrency assets as part of the economic component of President Trump's Operation Epic Fury.
The billion dollar figure represents the running total seized to date, building on prior milestones in the conflict, particularly a recent major April 2026 freeze of $344 million in USDT on the Tron blockchain. By close of April,...
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Sep 14, 2026 / Tyler Durden
Beijing Rejects Pause, Slams Dario's 'Fearmongering, Cold War Playbook'
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China's Foreign Ministry and state press had rejected the China provisions of Dario Amodei's essay calling for a 'pause' in AI development, while state security minister and President Xi Jinping laid out what Beijing wants instead.
On Saturday morning, Anthropic CEO Dario Amodei published We Must Pace the Frontier, an essay arguing that the industry must slow the rate at which it improves frontier models and asking Washington to help it do so. By Monday afternoon in Beijing, China's Foreign Ministry responded.
The...
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The Myth of Free Banking in Scotland
Scotland's celebrated free banks were neither free nor superior.
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Jul 25, 2026 / Tyler Durden
Trump Pursues Diplomatic Off-Ramp As Omani Delegation Arrives In Tehran: Report
Trump Pursues Diplomatic Off-Ramp As Omani Delegation Arrives In Tehran: Report
Summary
Why Trump Reportedly Ordered Military Not To Strike In Overnight
US Pauses Iran Bombing Campaign As Saudi-Houthi Red Sea Front Erupts
Why Trump Reportedly Ordered Military Not To Strike In Overnight
Axios reports that President Trump called off new U.S. military strikes on Iran Friday night, signaling a potential diplomatic offramp after nearly two weeks of tit-for-tat attacks.
People familiar with the decision told the outlet that the pause coincided with the arrival of Omani officials in Tehran for negotiations aimed at reopening...
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