The future won’t wait for you.

@TFTC21

FinCEN and the Fed just withdrew a plan to make banks collect customer data on cross-border transfers as small as $250. The proposal sat unfinished for six years and drew nearly 3,000 comments. Why it isn't over is below. • The proposal was issued in October 2020 and would have cut the threshold from $3,000 to $250 for transfers that begin or end outside the US • It covered convertible virtual currency too • Nearly 3,000 comments raised financial privacy, compliance cost and personal data collection concerns • Commenters said $250 would burden smaller institutions and could push remittance customers to less regulated channels • The $3,000 threshold stays, and suspicious activity reporting duties are unchanged • The notice is due in the Federal Register on Nov 9 Privacy pushback won this round. The agencies gave no replacement plan or timetable, and any future proposal goes back out for public comment. Withdrawn is not permanent. Transfers of $3,000 or more through a regulated middleman still come with a file on you. That's the price of letting someone else hold your money.

@TFTC21

Leveraged ETFs pulled in a record $3.3 billion on Thursday, while inverse ETFs lost a record $2.2 billion, per Goldman Sachs data. That was the day the Nasdaq 100 fell 6.4%, its worst session since March 2020.

@TFTC21

A crypto holder in France scared off kidnappers by firing a Glock from his window. A court just sentenced him to 30 months in prison. The case turns on where the attackers were when he pulled the trigger. The facts, per French press reports: • The attempted kidnapping happened at La Roche-sur-Yon, in Vendée, on 31 October 2026 • The victim, a 23-year-old identified as Ayman R., fired from a window. He reportedly said he did it out of panic • The attackers fled without taking him and left behind a vehicle reported as stolen • Prosecutors first opened an attempted murder investigation and police arrested him • The sentence is 30 months in prison, plus a 15-year ban on carrying a weapon Prosecutors called the shot revenge, not self-defense, because the attackers were already leaving. French law requires a response proportionate to an immediate threat, and prosecutors argued that once the attackers were running, there was none. France has been hit by a wave of crypto kidnappings, and in April 2026 prosecutors charged 88 people in connected cases. A man scared off his attackers, then got prison for the shot.

@TFTC21

The US is moving to cut a major offshore exchange off from American banks without sanctioning it. FinCEN says MEXC handled more than $16B in illicit transactions. The tool it used is the story. What the November 6 order does • Issued under Section 9714(a) of the Combating Russian Money Laundering Act, which draws on the Section 311 framework • Bars banks, broker-dealers and money transmitters from transmitting funds to or from MEXC Global and covers its foreign subsidiaries, branches and offices • It is not an OFAC SDN designation. No property is blocked and no accounts are frozen • It takes effect 30 days after Federal Register publication, and none had appeared as of Friday evening Treasury is using a Russia-focused money laundering authority to pull a Seychelles-linked exchange that isn't licensed in the US off US financial rails. FinCEN used similar transmittal bans on Mexican institutions under the FEND Off Fentanyl Act. Other offshore exchanges may see the same treatment. The dollar system runs on permission. Bitcoin doesn't.

@TFTC21

Binance CFO Kaiser Ng is leaving, nine days after the record $6.3 billion hack of the exchange. Co-CEO Yi He says the handover was planned six months ago, well before the hack. Justin Yek, ex-Airwallex, replaces him. That timeline is Binance's own account. Binance says it will reimburse affected customers from company funds.

@TFTC21

Bitquery traced $6.01 million in suspected theft after a Web3Auth security issue exposed keys for some Keplr wallets. Keplr says wallets made with a recovery phrase or hardware device were unaffected. The ones at risk were Google and Apple logins, where a third-party service generated the keys.

@TFTC21

Vals AI ran DeepSeek V4.1 Flash and GPT-6 Sol through its CyberBench test. Sol won, 77.98% to 73.69%. Sol cost $1.34 a test. DeepSeek cost $0.11. About 12 times the price for a four point edge. And DeepSeek's weights are public.

@TFTC21

AI robot safety has a camera problem. Robocurve gave 5 frontier models (Claude, GPT-6, Gemini) real robot arms and unsafe orders like stabbing a baby doll or mixing bleach and ammonia. How often they tried: Clean footage: 27% Blurred: 88% Doctored to look harmless: 97%

@TFTC21

One email froze a South Korean exchange. GOPAX, whose largest shareholder is Binance, halted trading and normal withdrawals on Nov 6 after a party claimed it could hack the exchange. A company official said the email came from that party. What we know: • Web and app withdrawals stopped at about 2:55 p.m. KST • Trading halted at about 3:53 p.m. KST and every unfilled order was cancelled • All user assets in internet-connected hot wallets are being moved to offline cold wallets • Users can only withdraw by emailing customer support, with manual internal approval, so it may be slow • No date has been given for trading or normal withdrawals to resume • No hack, theft or loss has been confirmed On Oct 16, GOPAX also disclosed an information exposure affecting seven customers and two current or former employees. The company says it is not believed to be linked to this threat. Customers now depend on a support inbox and a manual sign-off to move their own money. When the exchange holds the keys, the exchange decides when you get your money. That's counterparty risk.

@TFTC21

Polymarket traders give Anthropic a 49% chance of going public by November 30. The market resolves Yes only if shares are open for trading by 11:59 p.m. ET on Nov 30. A filing alone does not count.

@TFTC21

"the regulators literally made it worse, not better" @RealEJAntoni on how the EPA start-stop rule made emissions worse.

@TFTC21

The Binance hackers have swapped about $175 million in stolen altcoins into roughly 2,300 bitcoin, according to Elliptic. The laundering spans 16 blockchains, more than 20,000 wallets and 65,000 transactions. Elliptic's count was $124 million a day earlier.

@TFTC21

FinCEN and the Fed just withdrew a plan to make banks collect customer data on cross-border transfers as small as $250. The proposal sat unfinished for six years and drew nearly 3,000 comments. Why it isn't over is below. • The proposal was issued in October 2020 and would have cut the threshold from $3,000 to $250 for transfers that begin or end outside the US • It covered convertible virtual currency too • Nearly 3,000 comments raised financial privacy, compliance cost and personal data collection concerns • Commenters said $250 would burden smaller institutions and could push remittance customers to less regulated channels • The $3,000 threshold stays, and suspicious activity reporting duties are unchanged • The notice is due in the Federal Register on Nov 9 Privacy pushback won this round. The agencies gave no replacement plan or timetable, and any future proposal goes back out for public comment. Withdrawn is not permanent. Transfers of $3,000 or more through a regulated middleman still come with a file on you. That's the price of letting someone else hold your money.

@TFTC21

Leveraged ETFs pulled in a record $3.3 billion on Thursday, while inverse ETFs lost a record $2.2 billion, per Goldman Sachs data. That was the day the Nasdaq 100 fell 6.4%, its worst session since March 2020.

@TFTC21

A crypto holder in France scared off kidnappers by firing a Glock from his window. A court just sentenced him to 30 months in prison. The case turns on where the attackers were when he pulled the trigger. The facts, per French press reports: • The attempted kidnapping happened at La Roche-sur-Yon, in Vendée, on 31 October 2026 • The victim, a 23-year-old identified as Ayman R., fired from a window. He reportedly said he did it out of panic • The attackers fled without taking him and left behind a vehicle reported as stolen • Prosecutors first opened an attempted murder investigation and police arrested him • The sentence is 30 months in prison, plus a 15-year ban on carrying a weapon Prosecutors called the shot revenge, not self-defense, because the attackers were already leaving. French law requires a response proportionate to an immediate threat, and prosecutors argued that once the attackers were running, there was none. France has been hit by a wave of crypto kidnappings, and in April 2026 prosecutors charged 88 people in connected cases. A man scared off his attackers, then got prison for the shot.

@TFTC21

The US is moving to cut a major offshore exchange off from American banks without sanctioning it. FinCEN says MEXC handled more than $16B in illicit transactions. The tool it used is the story. What the November 6 order does • Issued under Section 9714(a) of the Combating Russian Money Laundering Act, which draws on the Section 311 framework • Bars banks, broker-dealers and money transmitters from transmitting funds to or from MEXC Global and covers its foreign subsidiaries, branches and offices • It is not an OFAC SDN designation. No property is blocked and no accounts are frozen • It takes effect 30 days after Federal Register publication, and none had appeared as of Friday evening Treasury is using a Russia-focused money laundering authority to pull a Seychelles-linked exchange that isn't licensed in the US off US financial rails. FinCEN used similar transmittal bans on Mexican institutions under the FEND Off Fentanyl Act. Other offshore exchanges may see the same treatment. The dollar system runs on permission. Bitcoin doesn't.

@TFTC21

Binance CFO Kaiser Ng is leaving, nine days after the record $6.3 billion hack of the exchange. Co-CEO Yi He says the handover was planned six months ago, well before the hack. Justin Yek, ex-Airwallex, replaces him. That timeline is Binance's own account. Binance says it will reimburse affected customers from company funds.

@TFTC21

Bitquery traced $6.01 million in suspected theft after a Web3Auth security issue exposed keys for some Keplr wallets. Keplr says wallets made with a recovery phrase or hardware device were unaffected. The ones at risk were Google and Apple logins, where a third-party service generated the keys.

@TFTC21

Vals AI ran DeepSeek V4.1 Flash and GPT-6 Sol through its CyberBench test. Sol won, 77.98% to 73.69%. Sol cost $1.34 a test. DeepSeek cost $0.11. About 12 times the price for a four point edge. And DeepSeek's weights are public.

@TFTC21

AI robot safety has a camera problem. Robocurve gave 5 frontier models (Claude, GPT-6, Gemini) real robot arms and unsafe orders like stabbing a baby doll or mixing bleach and ammonia. How often they tried: Clean footage: 27% Blurred: 88% Doctored to look harmless: 97%

@TFTC21

One email froze a South Korean exchange. GOPAX, whose largest shareholder is Binance, halted trading and normal withdrawals on Nov 6 after a party claimed it could hack the exchange. A company official said the email came from that party. What we know: • Web and app withdrawals stopped at about 2:55 p.m. KST • Trading halted at about 3:53 p.m. KST and every unfilled order was cancelled • All user assets in internet-connected hot wallets are being moved to offline cold wallets • Users can only withdraw by emailing customer support, with manual internal approval, so it may be slow • No date has been given for trading or normal withdrawals to resume • No hack, theft or loss has been confirmed On Oct 16, GOPAX also disclosed an information exposure affecting seven customers and two current or former employees. The company says it is not believed to be linked to this threat. Customers now depend on a support inbox and a manual sign-off to move their own money. When the exchange holds the keys, the exchange decides when you get your money. That's counterparty risk.

@TFTC21

Polymarket traders give Anthropic a 49% chance of going public by November 30. The market resolves Yes only if shares are open for trading by 11:59 p.m. ET on Nov 30. A filing alone does not count.

@TFTC21

"the regulators literally made it worse, not better" @RealEJAntoni on how the EPA start-stop rule made emissions worse.

@TFTC21

The Binance hackers have swapped about $175 million in stolen altcoins into roughly 2,300 bitcoin, according to Elliptic. The laundering spans 16 blockchains, more than 20,000 wallets and 65,000 transactions. Elliptic's count was $124 million a day earlier.