News for hackers. Stuff that matters.

you-liquidated

I pay for my mobile phone service. They still sell my location data.

I pay for my TV. It still spies on me.

And so on...

You are always the product, paying customer or not.

Since I didn't pay for my previous Linux, it means that I didn't get much for it, right?
It's called the (Eric) Holder doctrine:

> That sentiment was echoed as late as 2012 by Lanny Breuer, then the head of the Justice Department’s criminal division, who said in a speech at the New York City Bar Association that he felt it was his duty to consider the health of the company, the industry, and the markets in deciding whether or not to file charges.

https://www.theatlantic.com/magazine/archive/2015/09/how-wal...

> The saying goes that if you don't paid for it then you are the product.

So true. This is why I switched from free Linux to paid Mac, and why I've started replacing open-source apps with commercial ones.

> Holder’s memo asserted that “collateral consequences” from prosecutions—including corporate instability or collapse—should be taken into account when deciding whether to prosecute a big financial institution.

> That sentiment was echoed as late as 2012 by Lanny Breuer, then the head of the Justice Department’s criminal division, who said in a speech at the New York City Bar Association that he felt it was his duty to consider the health of the company, the industry, and the markets in deciding whether or not to file charges.

https://www.theatlantic.com/magazine/archive/2015/09/how-wal...

US prosecutors literally said that they cannot criminally charge JPM (in another case) because that would destabilize the US financial system. They are literally "too big to jail".
Re:Bitcoin Price Tumbles After Wall Street Selloff on Saturday December 04, 2021 @12:39PM (#29442538)
> Bitcoin and other cryptocurrencies are notoriously volatile and often plunge for mysterious reasons.

There is nothing mysterious about Alameda making money from it triggering margin cascades.