fascinating economic discovery from Fidelity: houses actually are cheaper now than in 2020!*

* if you denominate them in an arbitrary asset that has appreciated over that time frame

next up from Fidelity: groceries aren't getting more expensive!**

** if you denominate their price in World of Warcraft gold

#crypto #cryptocurrency

“#Trump DOJ leaders plan to drop charges against the alleged mastermind of a #cryptocurrency Ponzi scheme that prosecutors said defrauded investors of $722 million, reversing course on a 2019 indictment that was nearing trial.

The deputy AG’s office in Washington DC recently ordered the New Jersey US attorney’s office to dismiss the prosecution with prejudice, although final terms are still being hashed out.”

news.bloomberglaw.com/us-law-w…

US to Drop Charges for Alleged $722 Million Crypto Fraudster (1)

Justice Department leaders plan to drop charges against the alleged mastermind of a cryptocurrency Ponzi scheme that prosecutors said defrauded investors of $722 million, reversing course on a 2019 indictment that was nearing trial.

^{Ben Penn (news.bloomberglaw.com)}

Nearly a Million #Investors Lost a Total of $3.8 Billion on #Trump #Crypto Coin
[while he made $1.6 billion off his scams]

A report from a #cryptocurrency analytics firm details how those who bought the Trump #memecoin have fared, with most retail investors having lost money while sophisticated traders did better.

#scam #ThiefInChief
nytimes.com/2026/07/04/us/poli…

Trump’s most recent financial disclosure reveals more than $1.4 billion in income from his crypto-related ventures alone, and even that’s an incomplete picture.

citationneeded.news/trumps-cry…

#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter

Trump’s $1.4 billion crypto disclosure

The White House insists there’s no conflict of interest as Trump reports $1.4 billion in income from an industry he’s deregulated.

^{Molly White (Citation Needed)}