tyb
SAM342 USAF G5 sw from JBA
BEGGS02 US Navy E-6B ne from Tinker AFB
Boeing KC-46A tanker test flight just concluded at Boeing Field Seattle, WA
FLOSS38 USAF E-4B Nightwatch returning to Offutt AFB after a quick flight
Have not seen any of the other actively flying Nightwatch ACs recently only this one and it's used by Sec. of Defense.
Tail #75-0125
Robinhood cuts margin interest rate to 2.5%
Online brokerage Robinhood Markets Inc has cut its annual margin interest rate for premium customers in half to 2.5%, the company said on Monday, making it one of the cheapest in the sector. The rate cut is part of the company’s overall goal to lower the cost of investing, Robinhood said in a statement, and is the latest competitive move by the popular trading app.
It comes less then a week after Massachusetts securities regulators accused the company of engaging in aggressive tactics to attract inexperienced investors and failing to prevent outages on its trading platform. Robinhood in a statement said it disagreed with the allegations and will defend itself.
The lower margin rate will be available to customers who pay $5 a month for its Gold account, and meet certain eligibility requirements, the company said.
https://www.reuters.com/article/robinhood-fees/robinhood-cuts-margin-interest-rate-to-2-5-idUSL1N2J11YZ
File this under will end poorly for many.
Ripple to Face SEC Suit Over XRP Cryptocurrency
Ripple said Monday evening that the Securities and Exchange Commission is poised to file a bombshell lawsuit against the company over the alleged sale of unlicensed securities.
Ripple Inc. said it will defend itself against a lawsuit from the Securities and Exchange Commission that claims the company violated investor-protection laws when it sold a bitcoin-like digital asset called XRP. The suit, which hasn’t yet been filed, would be one of the highest-profile SEC actions against a cryptocurrency pioneer, just as the regulator’s chairman is departing at the end of the Trump administration. The SEC over the past few years has brought and mostly won civil lawsuits alleging startups trampled securities laws when they raised money by selling cryptocurrencies.
None of those companies, though, was as big as Ripple and XRP. Ripple had a $10 billion valuation in its most recent funding round in 2019, and XRP is the third-largest cryptocurrency by market value. The lawsuit will also name Ripple CEO Brad Garlinghouse and cofounder Chris Larsen as defendants, according to Garlinghouse, who told Fortune the agency will file the case in the near future. If the agency does sue Ripple, the action will follow years of debate between the company and the agency about whether XRP, a digital currency associated with Ripple, is a security, like a share of stock—which must be registered with the agency—or is instead a currency and thus beyond the SEC’s purview. XRP is the third most valuable cryptocurrency, and currently has a market cap of $23 billion.
Ripple’s decision to announce that it’s about to be sued is an unusual one. Garlinghouse has predicted the incoming Biden administration may be friendlier to the cryptocurrency industry than the Trump administration has been, suggesting that Ripple’s preemptive announcement may have a political component. Garlinghouse also blasted the SEC’s decision to sue right before the holidays, and said Ripple will fight the case. “It’s not just Grinch-worthy, it’s shocking,” said Garlinghouse. “It’s an attack on the entire crypto industry and American innovation.” In recent years, the SEC has ruled that the two most valuable cryptocurrencies—Bitcoin and Ethereum—are not securities, partly on the grounds they are decentralized with no person or company in control of them.
XRP is different from Bitcoin and Ethereum in that the latter two currencies are minted in a gradual, ongoing process called mining. By contrast, Larsen and others created 100 billion units of XRP in one fell swoop in 2012 for a company called Ripple Labs. While Ripple continues to own the lion’s share of XRP, the bulk of its treasury is held in reserve, to be sold in scheduled allotments. Garlinghouse and Larsen also each own a significant amount of XRP. This arrangement has led some observers to view XRP as more akin to a company’s stock than a currency.
https://fortune.com/2020/12/21/ripple-to-be-sued-by-sec-cryptocurrency-xrp/
Matthew Mellon-yes the infamous banking family-reportedly turned $2m into $1b in this and was a huge supporter early on.
His death in 2016 was prettty weird-supposed to check into a rehab facility in Malibu on April 16th but flew to Cancun on April 15th. Family said he died at a facility in Cancun at first then corrected to say never checked in scheduled facility-it's updated at the bottom of the link
Apr 18, 2018
https://www.dailydot.com/debug/matthew-mellon-ripple-investor-dies/
SAM342 USAF G5 ne from Atlanta Int'l after a ground stop
ETHOS23 US Navy E-6B Mercury appeared off NC and did some fly bys at Kinston Regional Jetport-Many Venus flights go here for same thing
Currently change of direction just north of clown town for a holding pattern over it at 25kft
Home base is just north at Pax River-red dot
nite wakes
got bored shilling general I guess
AF2 USAF VIP C-32A departed JBA
VENUS7 USAF C-32A departed JBA sw and likely heading to Majors Airport-Greenville, TX (L-3 located at Majors) for some maintenance and/or upgrades
And VENUS7 did land at Majors about 15 minutes ago.