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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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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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Supporters flooded X with posts using the pre-1979 flag and hashtags like #KingRezaPahlavi, positioning him as the leader needed after failed uprisings elsewhere, while rejecting reformists, Marxists, and the MEK cult. The push followed chants at the 40th-day memorial for 31-year-old Farzad Khoshbaresh, who died in November 2025 after custody in Sari Intelligence Detention Center—opposition claims beatings caused organ failure, while authorities cite natural death post-release. Pahlavi, son of the last shah ousted in 1979, pushes for a democratic referendum from exile and promotes 'MIGA,' amid ongoing anti-regime sentiment from 2022 protests, though opposition divisions persist.

Key Takeaway

Chants of 'Long live the Shah' echoed at a young prisoner's memorial, fueling a wave of online calls for exiled Crown Prince Reza Pahlavi to unite and topple Iran's regime.

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On Thursday, Jackson Hinkle's X post labeling Taiwan a 'fake country' under China drew sharp rebuttals and support, spotlighting Taiwan's limited diplomatic recognition by only 12 UN members and the Holy See amid the unresolved Chinese Civil War. Taiwan governs 23 million people democratically, holds multiparty elections, maintains a 215,000-strong military, and receives U.S. arms support, including a recent $330 million package. Public opinion strongly favors the status quo or independence, with over 80% rejecting China's 'one country, two systems' model, reflecting broader geopolitical divides.

Key Takeaway

Influencer Jackson Hinkle declared Taiwan a 'fake country' that belongs to China, igniting a heated online clash viewed over 65,000 times. The post amplified longstanding tensions between China's unification claims and Taiwan's 76 years of independent self-governance.

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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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Sunday's terrorist attack at Sydney's 'Chanukah by the Sea' killed 15, including Rabbi Eli Schlanger, a father of five, and a 10-year-old girl. Australian police called it antisemitic, linked to Islamic State ideology, with perpetrators Sajid and Naveed Akram killed on site. Monday evening in New York, amid a public menorah lighting, Boteach challenged Neturei Karta members holding signs against Zionism and the Maccabees' legacy, yelling about their timing just after the murders and calling them insensitive. The heated exchange highlighted deep rifts in the Jewish community during a time of mourning.

Key Takeaway

Grief hung heavy from the Sydney shooting that claimed 15 lives at a beach Hanukkah event. In New York, Rabbi Shmuley Boteach spotted anti-Zionist protesters and couldn't hold back.

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She loved the sweet gesture, calling the second slide her favorite, while Emeka fired back in classic pidgin: 'Showed me nau, showed me nau, is it not me that buy the food for you.' The exchange drew laughs over his mock jealousy and nods to old-school Nigerian memes. It also fueled chats on whether such open romance beats nonchalant dating styles, with some praising the effort and others calling it childish. Their lighthearted back-and-forth captures the fun side of love many adore.

Key Takeaway

Emeka shared a simple date night photo of his stunning girlfriend, arms wrapped around each other in the car. Her repost revealed his cheeky restaurant plate message in ketchup: 'Will you be my girlfriend?'

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On Thursday, Jackson Hinkle's X post labeling Taiwan a 'fake country' under China drew sharp rebuttals and support, spotlighting Taiwan's limited diplomatic recognition by only 12 UN members and the Holy See amid the unresolved Chinese Civil War. Taiwan governs 23 million people democratically, holds multiparty elections, maintains a 215,000-strong military, and receives U.S. arms support, including a recent $330 million package. Public opinion strongly favors the status quo or independence, with over 80% rejecting China's 'one country, two systems' model, reflecting broader geopolitical divides.

Key Takeaway

Influencer Jackson Hinkle declared Taiwan a 'fake country' that belongs to China, igniting a heated online clash viewed over 65,000 times. The post amplified longstanding tensions between China's unification claims and Taiwan's 76 years of independent self-governance.

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Amorim guided United unbeaten through October but saw results crumble, ending with a draw at Leeds and no wins in six, leading to his dismissal after 14 months. Maresca earned November honors with 10 points for Chelsea, but a collapse and owner rift got him fired on New Year's Day after 18 months. Fans flood social media with memes, joking to vote Arsenal's Mikel Arteta for December to test the curse, while praising Arsenal's patience through his mid-season slump that now has them topping the table with 48 points.

Key Takeaway

Ruben Amorim won October's Manager of the Month with Manchester United, only to get sacked this morning after a winless run. Enzo Maresca met the same fate at Chelsea just weeks after his November award.

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The House Foreign Affairs Subcommittee, chaired by Rep. Michael Lawler (R-N.Y.), heard from experts like Eugene Kontorovich, Morton A. Klein, and Jon B. Alterman on the territory's legal status, biblical ties, and implications for U.S.-Israel relations. Republicans stressed strategic interests and Israel's claims, while Democrats dismissed ancient borders as impractical. Protests erupted inside from CODEPINK over missing Palestinian witnesses and outside with clashes involving Israeli leaders, highlighting deep divides with no clear path forward on annexation or a two-state solution.

Key Takeaway

On December 10, tensions rose in a House subcommittee as witnesses debated the West Bank's history and future, while activists interrupted demanding Palestinian voices.

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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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