Elton John and UN criticise Suella Braverman speech branding illegal migration ‘existential challenge’

Published

2 years ago

September 26, 2023

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The United Nations’ refugee agency and Sir Elton John have rebuked the home secretary after she claimed the current asylum system is no longer fit for purpose.

Suella Braverman called for a reform of the “outdated” international system in a speech in Washington DC.

She branded the number of displaced people in the world as an “epoch-defining challenge”, and said being gay or a woman should not be enough to gain asylum.

The senior cabinet minister – whose speech was signed off by Number 10 – called for reform of the 1951 UN Human Rights Convention, which forms the basis of the asylum system.

The UN’s refugee agency, the UNHCR, responded to Ms Braverman’s speech by saying the convention “remains as relevant today as when it was adopted in providing an indispensable framework for addressing those challenges, based on international co-operation”.

Sir Elton said Ms Braverman risked “further legitimising hate and violence” against LGBT+ people.

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The UN agency added: “The need is not for reform, or more restrictive interpretation, but for stronger and more consistent application of the convention and its underlying principle of responsibility sharing.

“An appropriate response to the increase in arrivals and to the UK’s current asylum backlog would include strengthening and expediting decision-making procedures.

“This would accelerate the integration of those found to be refugees and facilitate the swift return of those who have no legal basis to stay.

“UNHCR has presented the UK government with concrete and actionable proposals in this regard and continues to support constructive, ongoing efforts to clear the current asylum backlog.”

In a statement, released through the Elton John Aids Foundation, the Rocket Man singer and his husband David Furnish said: “We are very concerned about the UK home secretary’s comments stating how discrimination for being gay or a woman should not be reason enough to qualify for protection under international refugee laws.

“Nearly a third of all nations class LGBTQ+ people as criminals and homosexuality is still punishable by death in 11 countries.

“Dismissing the very real danger LGBTQ+ communities face risks further legitimising hate and violence against them.

“Leaders need to provide more compassion, support and acceptance for those seeking a safer future.”

Ms Braverman said uncontrolled and illegal migration is an “existential challenge for the political and cultural institutions of the West” – adding that “uncontrolled immigration, inadequate integration, and a misguided dogma of multiculturalism have proven a toxic combination for Europe over the last few decades”.

Ms Braverman questioned whether courts have redefined asylum to be granted for people suffering “discrimination” instead of “persecution” – especially in the context of someone who is gay or a woman.

“Where individuals are being persecuted, it is right that we offer sanctuary.

“But we will not be able to sustain an asylum system if, in effect, simply being gay, or a woman, and fearful of discrimination in your country of origin, is sufficient to qualify for protection.”

Part of her speech criticised how current levels of migration have led to “undermining the stability and threatening the security of society” in “extreme cases”.

Ms Braverman said “we now live in a completely different time” to when the UN Human Rights Convention was signed.

She went on: “Is the Refugee Convention in need of reform?

“What would a revised global asylum framework look like?

“How can we better balance national rights and human rights, so that the latter do not undermine national sovereignty?”

Punchy home secretary landing blows ahead of party conference

It is no surprise to hear Suella Braverman talking tough on immigration.

Even so, today’s language is particularly punchy.

She talks about the “obvious threat to public safety and national security” illegal immigration poses and says “nobody entering the UK by boat from France is fleeing imminent peril”.

There has been backlash already, unsurprisingly, from charities and NGOs. One man who crossed the Channel in 2019 (fleeing Iran) told me the home secretary has “turned her back” on those in need.

It is criticism the home secretary is used to. Beyond the ethics, though, there is the question of whether anything she says will actually shift the dial.

The most eye-catching part of the home secretary’s speech was her call to reform the UN Refugee Convention. She says the convention, set up after the Second World War, needs to adapt for a “different time” and its application has shifted too far from helping people fleeing “persecution” to those fleeing “discrimination”.

It’s not clear there is any appetite to reform the convention from the 140+ other countries signed up to it. It won’t fix the small boats problem any time soon.

She also spoke about the importance of deterrents: Rwanda and the Illegal Migration Bill. The Rwanda plan has been bogged down in court, and there is no proof yet that government legislation will work. Small boat crossings are down from last year, but they are still much higher than 2021. Last month, more than 800 people crossed the Channel in a single day.

Suella Braverman pointed to polling showing most red wall voters want to stop small boat crossings “using any means necessary”. She did not point to the recent YouGov poll suggesting 86% believe the government is handling immigration badly.

Her speech may not distract from the perils of the government’s illegal migration policy, but it certainly sends a message ahead of the Conservative Party conference.

The speech and its contents were met with criticism from a range of charities, MPs and campaigners.

Ben Bradshaw, a gay Labour MP and former cabinet minister, asked if any “LGBT or any other Tories” were prepared to condemn the home secretary, adding that “being gay is enough to result in persecution or death in many countries”.

Michael Fabricant, a Tory MP and a patron of the Conservative LGBT+ group, said that “if someone simply claims to be gay in order to seek asylum, that should not lift the bar to entry to the UK”.

He added: “However, if someone has experienced persecution from the country from which they are escaping, it presents a different and far more persuasive case. Each application should be considered carefully on its merits.”

‘Cynicism and xenophobia’

Sacha Deshmukh, Amnesty International UK’s chief executive, said: “The Refugee Convention is a cornerstone of the international legal system and we need to call out this assault on the convention for what it is – a display of cynicism and xenophobia.

“The Refugee Convention is just as relevant today as it was when it was created, and verbal assaults from the home secretary don’t alter the harsh realities that cause people from countries such as Sudan, Afghanistan and Iran to flee from conflict and persecution.”

He added: “Instead of making inflammatory speeches decrying the rights of people fleeing persecution and tyranny, Suella Braverman should focus on creating a functioning UK asylum system that tackles the massive backlog her policies have created, so as to be able to meet the limited refugee responsibilities that fall to the UK.”

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Josie Naughton, chief executive of Choose Love, said: “It is the home secretary, not the global refugee convention, that is out of touch with the modern age.

“The UN’s 1951 Refugee Convention was put in place to protect every human being searching for safety, fleeing war zones, danger and threats to their life and freedoms. More than ever, the world must come together and unite behind it. We cannot solve this problem by seeking to undermine fundamental human rights. Working together is the only solution.”

Politics

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Published

6 hours ago

April 4, 2025

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Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive.

While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine, it’s still “not possible to make the whole supply chain, including materials, US-based,” Kristian Csepcsar, chief marketing officer at BTC mining tech provider Braiins, told Cointelegraph.

On April 2, Trump announced sweeping tariffs, imposing a 10% tariff on all countries that export to the US and introducing “reciprocal” levies targeting America’s key trading partners.

Community members have debated the potential effects of the tariffs on Bitcoin, with some saying their impact has been overstated, while others see them as a significant threat.

Tariffs compound existing mining challenges

Csepcsar said the mining industry is already experiencing tough times, pointing to key indicators like the BTC hashprice.

Hashprice — a measure of a miner’s daily revenue per unit of hash power spent to mine BTC blocks — has been on the decline since 2022 and dropped to all-time lows of $50 for the first time in 2024.

According to data from Bitbo, the BTC hashprice was still hovering around all-time low levels of $53 on March 30.

“Hashprice is the key metric miners follow to understand their bottom line. It is how many dollars one terahash makes a day. A key profitability metric, and it is at all-time lows, ever,” Csepcsar said.

He added that mining equipment tariffs were already increasing under the Biden administration in 2024, and cited comments from Summer Meng, general manager at Chinese crypto mining supplier Bitmars.

“But they keep getting stricter under Trump,” Csepcsar added, referring to companies such as the China-based Bitmain — the world’s largest ASIC manufacturer — which is subject to the new tariffs.

Trump’s latest measures include a 34% additional tariff on top of an existing 20% levy for Chinese mining imports. In response, China reportedly imposed its own retaliatory tariffs on April 4.

BTC mining firms to “lose in the short term”

Csepcsar also noted that cutting-edge chips for crypto mining are currently massively produced in countries like Taiwan and South Korea, which were hit by new 32% and 25% tariffs, respectively.

“It will take a decade for the US to catch up with cutting-edge chip manufacturing. So again, companies, including American ones, lose in the short term,” he said.

Csepcsar also observed that some countries in the Commonwealth of Independent States region, including Russia and Kazakhstan, have been beefing up mining efforts and could potentially overtake the US in hashrate dominance.

“If we continue to see trade war, these regions with low tariffs and more favorable mining conditions can see a major boom,” Csepcsar warned.

As the newly announced tariffs potentially hurt Bitcoin mining both globally and in the US, it may become more difficult for Trump to keep his promise of making the US the global mining leader.

Trump’s stance on crypto has shifted multiple times over the years. As his administration embraces a more pro-crypto agenda, it remains to be seen how the latest economic policies will impact his long-term strategy for digital assets.

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Politics

Malta regulator fines OKX crypto exchange $1.2M for past AML breaches

Published

6 hours ago

April 4, 2025

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Malta regulator fines OKX crypto exchange .2M for past AML breaches

Cryptocurrency exchange OKX is under renewed regulatory scrutiny in Europe after Maltese authorities issued a major fine for violations of Anti-Money Laundering (AML) laws.

Malta’s Financial Intelligence Analysis Unit (FIAU) fined Okcoin Europe — OKX’s Europe-based subsidiary — 1.1 million euros ($1.2 million) after detecting multiple AML failures on the platform in the past, the authority announced on April 3.

While admitting that OKX has significantly improved its AML policies in the past 18 months, the authority “could not ignore” its past compliance failures from 2023, “some of which were deemed to be serious and systematic,” the FIAU notice said.

OKX was among the first crypto exchanges to receive a license under Europe’s new Markets in Crypto-Assets (MiCA) regulation via its Malta hub in January 2025.

The news of the $1.2 million penalty in Malta came after Bloomberg in March reported that European Union regulators were probing OKX for laundering $100 million in funds from the Bybit hack.

Bybit CEO Ben Zhou previously claimed that OKX’s Web3 proxy allowed hackers to launder about $100 million, or 40,233 Ether (ETH), from the $1.5 billion hack that occurred in February.

This is a developing story, and further information will be added as it becomes available.

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Politics

US court fines UAE crypto firm CLS Global $428K for wash trading

Published

7 hours ago

April 4, 2025

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US court fines UAE crypto firm CLS Global 8K for wash trading

Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS Global.

A federal court in Boston on April 2 sentenced CLS Global on criminal charges related to fraudulent manipulation of crypto trading volume, according to an announcement from the Massachusetts US Attorney’s Office.

In addition to a $428,059 fine, the court prohibited CLS Global from offering services in the US for a probation period of three years.

CLS Global, a crypto market maker registered in the United Arab Emirates, in January pleaded guilty to one count of conspiracy to commit market manipulation and one count of wire fraud.

CLS agreed to manipulate the FBI’s “trap token” NexFundAI

The charges against CLS Global followed an undercover law enforcement operation involving NexFundAI, a token created by the FBI as part of a sting operation in May 2024.

CLS Global was among at least three firms that took the FBI’s bait and agreed to provide “market maker services” for NexFundAI, including a fraudulent scheme to attract investors to purchase the token.

In October 2024, the Securities and Exchange Commission announced fraud charges against CLS and its employee, Andrey Zhorzhes. The US securities regulator also filed complaints against two other NexFundAI manipulators, Hong Kong-linked ZM Quant Investment and Russia-linked Gotbit Consulting.

CLS Global’s profile

According to CLS Global CEO Filipp Veselov, the company was founded in 2017 to fill in a “huge gap in the market for high-quality market-making solutions and trading consulting.”

Prior to CLS, Veselov worked at the Russian cryptocurrency exchange platform Latoken, which is advertised as a “global digital asset exchange” and has about 370,000 followers on X.

The CLS team also includes chief revenue officer Pavel Singaevskii, who previously served as sales manager at Stex, a crypto platform that reportedly ceased operations without warning in 2023.

US court fines UAE crypto firm CLS Global $428K for wash trading — *Source:* *CLS Global*

According to CLS Global’s X page, the platform continues operating and has more than 110,000 followers at the time of publication.

How much wash trading is in crypto?

Wash trading is an illegal practice involving artificially inflating trading volume by repeatedly buying and selling the same asset, generating a misleading perception of demand.

According to a January 2025 report by the US blockchain analytics firm Chainalysis, the crypto market has at least $2.6 billion in estimated wash traded volumes, or just about 2% of total daily crypto trading volumes, as reported by CoinGecko.

Some studies indicate that wash trading makes up a bigger share of the crypto market.

In 2022, the US National Bureau of Economic Research reported that illegal wash trading may account for as much as 70% of average trading volumes on unregulated exchanges.

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