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In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi dated Tuesday, Democratic Senators Elizabeth Warren and Jack Reed requested an investigation by December 1 into World Liberty Financial's compliance with anti-money laundering rules, sanctions, and governance. The demand stems from a September report by Accountable.US alleging the project sold $WLFI governance tokens to wallets linked to North Korea's Lazarus Group, a Russian sanctions-evasion stablecoin, Iran's NoBitex exchange, and the sanctioned mixer Tornado Cash. DT Marks DEFI LLC, controlled by Donald Trump and his family, holds 22.5 billion tokens and receives 75% of sales revenue, while the project lists Trump family members in prominent roles; World Liberty Financial maintains it has robust compliance measures with no evidence of wrongdoing.

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Senators Elizabeth Warren and Jack Reed have fired off a letter urging a federal probe into World Liberty Financial, the Trump family's crypto project, over alleged sales to North Korean hackers and sanctioned entities.

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Zahr, a Michigan school board trustee and comedian, was detained on December 26 during a show in the northern Israeli city, home to a large Arab population. Police asked if he supported or opposed Israel; he declined to answer and was freed without charges, later noting it was '1% of what happens to Palestinians every single day.' Michigan Rep. Alabas Farhat and trustee Adel A. Mozip called for his release, citing concerns over Arab mistreatment, while the incident fueled online backlash over free speech for Palestinian advocates. Zahr, now safe with family, plans to share more details soon.

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Midway through his stand-up set in Nazareth, Amer Zahr faced Israeli officers questioning if his jokes crossed into incitement. The U.S. citizen, whose family roots trace back there, was held for about an hour before release.

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Protests erupted across Iran after the rial hit a record low of 1.42 million to the dollar on December 28, driving up food prices by 72% and medicine by 50% over the past year. Demonstrators in Tehran and cities like Hamedan and Kerman demand economic relief while rejecting clerical rule and invoking the pre-1979 monarchy, with Reza Pahlavi urging security forces to join the people. Authorities deployed tear gas but President Pezeshkian called for dialogue on legitimate demands, as no deaths are confirmed yet.

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Shopkeepers in Tehran's Grand Bazaar shut their stalls and blocked streets, drawing thousands who chanted for the return of exiled Crown Prince Reza Pahlavi amid soaring prices.

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President Donald Trump proposed expanding Chinese student visas to 600,000 annually to prevent U.S. universities from closing due to enrollment declines, as stated in a Fox News interview with Laura Ingraham. Michael Flynn Jr. countered on X by calling colleges indoctrination camps and expressing indifference to half of them shutting down, drawing over 13,000 likes and sparking reactions from supporters decrying ideological bias and foreign influence to critics warning of harm to American innovation. The debate highlights tensions in Trump's base over higher education's role amid a 15% enrollment drop since 2010 and risks to institutions reliant on international tuition.

Key Takeaway

In a bold Fox News interview, President Trump warned that slashing Chinese student visas could shutter half of U.S. colleges—only for Michael Flynn Jr. to fire back on X: 'Shut them down.'

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The assets, worth €183 billion and held mostly at Euroclear in Brussels, would fund Ukraine's defense and budget needs now, with repayment from future Russian reparations. De Wever demands EU-wide risk sharing and points to Belgium's ongoing aid via taxes on the assets' interest, expected to yield €1 billion next year. EU allies criticize Belgium's handling of those funds, while the standoff highlights strains in supporting Ukraine amid shifting U.S. policies. Diplomats hope for progress at December's summit.

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Belgian Prime Minister Bart De Wever wrote a firm letter this week, calling the EU's proposal to back €140 billion in loans with frozen Russian funds fundamentally wrong. He worries it breaks international law and risks Belgium's financial standing.

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During the Kinus Hashluchim conference from November 12 to 17, over 6,500 Chabad emissaries from more than 100 countries gathered at 770 Eastern Parkway in Crown Heights for their yearly group photo, a custom since 1987 held with an annual permit on private property. Journalist Glenn Greenwald shared the video in response to a congressman's criticism of Muslims praying on a Brooklyn street, prompting points about consistent views on religious displays in public areas. Some highlighted differences in context and threats, while others appreciated Brooklyn's diverse religious scenes near synagogues and mosques, with no disruptions reported from the Chabad event.

Key Takeaway

Thousands of black-hatted rabbis lined up neatly outside their Brooklyn headquarters last month, chanting softly as a photographer captured the moment. The familiar tradition took on new layers when set against footage of street prayers nearby.

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On December 14, Pooh and Pavel held their first European fan meeting at the JIB Dream Fanmeet 6, fresh from Pit Babe and prepping for Goddess Bless You From Death. They posed with Colosseum sunsets, wine in hand, and shared playful punishment games onstage. The day before, Aou Thanaboon and Boom Tharatorn from Vice Versa strolled hand-in-hand through cobblestone streets, with Boom lifting Aou for laughs near holiday lights. European fans called the back-to-back events magical, collecting bracelets and freebies amid Thailand's rising BL popularity.

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Pooh Krittin and Pavel Phoom strode into Rome's Hilton Airport Hotel in sleek leather coats, waving to cheering fans like they owned the place. The Eternal City backdrop made their smiles and stage antics feel perfectly romantic.

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At the Jewish Federations of North America's General Assembly in Washington, D.C., Senator Ted Cruz argued that the $3.8 billion in annual military aid to Israel targets shared enemies like Hamas and Hezbollah, saving U.S. lives and costs while benefiting American defense firms. He highlighted Israel's Mossad providing critical intelligence to Washington and noted post-October 7, 2023, additional aid exceeding $14 billion amid regional conflicts. Cruz warned of declining support for Israel among young Republicans influenced by social media, citing GOP tensions between traditional hawks and an isolationist 'America First' wave.

Key Takeaway

Senator Ted Cruz slammed U.S. aid to Israel as a mere 'pittance' that delivers priceless intelligence and security gains for America.

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Zcash offers shielded transactions concealing sender, receiver, and amount, with selective disclosure for needs like audits—setting it apart from transparent coins like Bitcoin. Supporters highlight privacy's importance amid rising government scrutiny on digital money, while critics call the recent 10x gain a pump-and-dump now down 38% from its peak. Technical indicators show a short-term downtrend, yet whale accumulation and Grayscale's ETF filing on November 26 signal ongoing interest in its utility.

Key Takeaway

Zcash rocketed from $70 to over $740 in early November, powered by its zk-SNARKs technology that hides transaction details on the blockchain. Now at around $459, it reflects the highs and pullbacks of crypto's privacy push.

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On November 18, Phantom introduced Phantom Terminal, a beta web platform offering advanced charts, real-time data, and fast execution speeds accessible via desktop browser at trade.phantom.com. The tool syncs positions with the Phantom mobile app and integrates MoonPay for fiat deposits, building on the recent SolSniper acquisition to target professional Solana traders. Early user feedback highlights intuitive design and performance, though some report minor bugs, as Phantom plans further enhancements to streamline trading within its ecosystem.

Key Takeaway

Phantom just unveiled Terminal, a sleek browser-based powerhouse for Solana traders seeking pro-level speed and charts.

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In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi dated Tuesday, Democratic Senators Elizabeth Warren and Jack Reed requested an investigation by December 1 into World Liberty Financial's compliance with anti-money laundering rules, sanctions, and governance. The demand stems from a September report by Accountable.US alleging the project sold $WLFI governance tokens to wallets linked to North Korea's Lazarus Group, a Russian sanctions-evasion stablecoin, Iran's NoBitex exchange, and the sanctioned mixer Tornado Cash. DT Marks DEFI LLC, controlled by Donald Trump and his family, holds 22.5 billion tokens and receives 75% of sales revenue, while the project lists Trump family members in prominent roles; World Liberty Financial maintains it has robust compliance measures with no evidence of wrongdoing.

Key Takeaway

Senators Elizabeth Warren and Jack Reed have fired off a letter urging a federal probe into World Liberty Financial, the Trump family's crypto project, over alleged sales to North Korean hackers and sanctioned entities.

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On November 6, 2025, a discussion on X, initiated by Finance Guy, saw users agree that U.S. government money printing has driven inflation to 3% annually and exacerbated wealth gaps through asset bubbles, with the M2 money supply reaching $22.2 trillion. Participants debated Bitcoin's role as a fixed-supply alternative to fiat currency, with advocates like Bruce Fenton and Danny Diekroeger praising it as protection against inflationary taxation and a tool for voluntary cooperation, while critics questioned its scalability, stability, and potential for digital control. The conversation also addressed rising income inequality, rejecting forced redistribution in favor of sound money solutions amid high Gini coefficients and reports showing the richest 1% holding vastly more wealth than the bottom 20%.

Key Takeaway

As U.S. inflation hits 3% and wealth gaps widen from endless money printing, X users unite on the problem but divide fiercely: Is Bitcoin the sound money savior or a risky illusion?

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Hanke described Bitcoin as a highly speculative asset lacking fundamental value, amid its trading around $93,000 with a $1.8 trillion market cap on December 4. Critics like The Great Martis listed drawbacks including extreme volatility, low transaction speeds of 3-7 per second, high fees, massive energy use, and crime ties. Supporters countered by comparing it to gold's scarcity-based value, noting Lightning Network for fast cheap payments, over 50% renewable energy, low illicit activity at 0.14% of volume, and falling volatility with growing adoption.

Key Takeaway

Steve Hanke, the Johns Hopkins economist, shared a cartoon this week spotlighting Bitcoin's wild price swings. He's held this skeptical view since the cryptocurrency's early days.

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