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Coda Story

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Ustanovljeno: 2016

Lastništvo

Coda Story izdaja Coda Media, Inc., newyorška družba, ki sta jo leta 2016 ustanovila nekdanja BBC-jeva dopisnica Natalia Antelava in pisatelj Ilan Greenberg.

Financiranje

Coda Media je neprofitna organizacija, ki se financira predvsem z donacijami filantropskih fundacij in zasebnimi donacijami, in se je začela kot projekt s skupnim financiranjem v višini približno 30.000 dolarjev.

Pripadnost in usmeritev

Coda je neprofitna preiskovalna mreža, ki se osredotoča na sledenje globalnim krizam (avtoritarizem, dezinformacije, vojna, podnebje), brez partije, vlade ali lastnika podjetja, ki nadzoruje svojo uredniško linijo.

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Nedavno poročanje

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Kako vlade omogočajo kleptokratom, da ne naredijo ničesar

V članku se razpravlja o tem, kako vlade, zlasti Združeno kraljestvo, omogočajo kleptokratom, ker se ne uspe učinkovito boriti proti korupciji. V članku je poudarjena nedavna oprostitev Alison-Madueke, nekdanjega nigerijskega ministra za nafto, ki se je soočil z obtožbami, povezanimi z domnevno korupcijo, vendar je bil očiščen vseh obtožb. V članku se kritizira neskladna uspešnost Velike Britanije pri omogočanju in preiskovanju korupcije, pri čemer se sklicuje na pretekle neuspehe, kot je neuspešna preiskava kazahstanskega politika Dariga Nazarbayeva. V članku se poziva k večjim virom in podpori za organi kazenskega pregona pri reševanju zapletenih primerov podkupovanja in korupcije. Poleg tega se v članku omenjajo tekoče preiskave finančnih dejavnosti vrhovnega voditelja Irana, ki vključujejo zahodne banke, in poudarja potrebo po močnejših ukrepih proti nezakonitemu financiranju.

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Bernie Sanders se moti glede milijardnikov
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Bernie Sanders se moti glede milijardnikov

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Donald Trump’s $250 gift to launderers and criminals
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Donald Trump’s $250 gift to launderers and criminals

The article discusses the increasing prevalence of high-value currency notes, particularly $100 bills, which are favored by criminals for their utility in money laundering. It highlights that the proportion of $100 bills in the U.S. has risen significantly over two decades, now making up 81.8% of the value of outstanding dollar banknotes. The author criticizes the U.S. government, specifically the Trump administration, for pushing to introduce a $250 bill with President Trump's portrait, arguing that such large denominations facilitate criminal activity. While noting that other countries like Singapore and the Eurozone have discontinued large denomination notes, the article points out that the U.S. continues to print them extensively. The piece contrasts this with positive developments in the UK, where new sanctions have been imposed on cryptocurrency platforms aiding Russian financing of the war in Ukraine.

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AI is not the answer to AI-enabled fraud
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AI is not the answer to AI-enabled fraud

Standard Chartered Bank's CEO, Bill Withers, faced backlash for calling employees whose roles will be replaced by AI 'lower-value human capital' amid plans to cut 15% of back-office staff. This comes as banks increasingly rely on AI to meet profitability goals while maintaining regulatory compliance. Financial crime compliance teams currently review flagged transactions manually, often finding them legitimate, which is costly and largely ineffective. Despite significant investments in anti-money laundering efforts, the scale of financial crime remains unchanged. Meanwhile, AI is becoming a powerful tool for criminals, enabling more sophisticated and scalable fraud schemes, such as pig butchering scams and cryptocurrency-based crimes.

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Crypto’s corrupt American dream
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Crypto’s corrupt American dream

The United States is moving toward passing the CLARITY Act, a major piece of legislation aimed at regulating cryptocurrencies. The bill has passed the Senate Banking Committee in a bipartisan vote, with supporters claiming it provides legal clarity for the crypto industry. However, critics argue it creates dangerous loopholes that could enable money laundering and evade sanctions. Prominent anti-corruption advocates warn that the bill lacks sufficient safeguards against illicit financial activities. Meanwhile, figures like Tether's shareholders have seen massive increases in wealth, raising concerns about the potential for abuse. In the UK, concerns have arisen over crypto investors funding Nigel Farage's Reform Party, though the article cuts off before detailing further developments.

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The new samizdat
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The new samizdat

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Legalize Cocaine to save democracy
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Legalize Cocaine to save democracy

The article discusses concerns about the influence of dark money in politics, particularly through connections between politicians and cryptocurrency companies like Tether. It highlights Nigel Farage's receipt of funds from a U.S.-based crypto billionaire convicted of financial crimes, raising questions about compliance with regulations. Despite these issues, Farage's party gained electoral success, suggesting that voters may prioritize other factors over transparency. The piece emphasizes the need for stronger oversight and regulation to prevent illicit financial flows from undermining democratic processes. It also references ongoing investigations into financial ties involving U.S. senators and Tether, while noting broader challenges in combating money laundering linked to the cocaine trade, which is often funneled through cryptocurrency networks.

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How Brazil is starting to rein in Big Tech
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How Brazil is starting to rein in Big Tech

Brazil's competition authority, CADE, has initiated an investigation into Google's use of news content, alleging unfair competition practices against Brazilian media. This follows years of advocacy by civil society groups seeking to curb Big Tech's influence. The probe aligns with Australian legislation addressing the extraction of value from news publishers without adequate compensation. The case gained momentum after the introduction of AI Overviews, which judges argue could distort market dynamics. Despite growing global regulatory interest, Big Tech executives have exerted significant pressure on Brazilian regulators. Journalists report that these companies have successfully lobbied to weaken data protection laws in other countries, highlighting the broader challenge of regulating tech giants. The U.S. government's threats to retaliate against nations attempting to regulate Big Tech further complicate international efforts.

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The afterlife of empire
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The afterlife of empire

On May 3, a procession featuring portraits of Red Army soldiers and Soviet flags took place in Washington DC, organized by individuals who expressed admiration for Russia and its military history. Similar events occurred in other cities, including Paris, Amsterdam, and Busan. However, in Russia, preparations for Victory Day on May 9 were marked by significant changes and anxiety. The Immortal Regiment march in Moscow was moved online, and the traditional parade in Kaliningrad was canceled. Restrictions were placed on military songs and symbols near memorials in Berlin. Internet access was intermittently disrupted in Moscow, and attendance at events in St. Petersburg was drastically reduced. The Russian government warned foreign embassies in Kyiv to evacuate ahead of May 9, citing concerns about potential retaliatory strikes. Meanwhile, Ukrainian President Volodymyr Zelensky issued a statement allowing the Russian celebrations to proceed, specifying that Red Square would not be targeted during the festivities.

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An armed conflict in Mali involving rebel groups, including Al-Qaeda affiliates and Tuareg separatists, has intensified, threatening the stability of the country's military junta. Coordinated attacks on multiple cities, including Bamako, have exposed the fragility of the regime led by General Assimi Goïta. These attacks involved a suicide car bombing that killed high-ranking military figure General Sadio Camara, a key ally of Russia. Russian-backed mercenary groups, such as the Wagner Group and Africa Corps, have played a role in supporting the region's military regimes, but they faced backlash during the attacks. Russian state media accused Western countries, particularly France, of orchestrating the violence, while Ukrainian military intelligence claimed involvement in targeting Russian forces. The situation reflects broader geopolitical tensions in the Sahel, where Russia and China are increasing their influence amid the withdrawal of Western powers.

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Justin Sun, a prominent cryptocurrency entrepreneur, has filed a lawsuit against the Trump family's financial firm, World Liberty Financial (WLFI), alleging that the company has engaged in fraudulent practices and mismanaged his $45 million investment. Sun claims he invested in WLFI partly due to its association with Donald Trump, whom he believes was misled by the company's management. The lawsuit suggests that WLFI's operators, including Chase Herro, have exploited the Trump brand for profit while failing to deliver on promises related to decentralized finance. Sun emphasizes that his legal action does not target Trump himself but rather those within the organization who allegedly act contrary to Trump's values. The case highlights tensions within the intersection of cryptocurrency and politics, particularly regarding the credibility of Trump-linked ventures.

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“All my fundees have blue eyes.” Epstein and the tech world’s dark ideology
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“All my fundees have blue eyes.” Epstein and the tech world’s dark ideology

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