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Boris Johnson’s government displayed an “unbelievably bullish” approach to coronavirus early in the pandemic and sat “laughing at Italians” in meetings, a former civil servant has said.

The former prime minister was “confident the UK would sail through” the outbreak of the disease and warned against “over-correcting” on something he thought “was unlikely to have a huge impact and for which – in any case – we were well prepared”, according to Helen MacNamara.

Ms MacNamara, who served as deputy cabinet secretary during the pandemic, told the COVID inquiry there had been a “jovial tone” in early cabinet meetings and that “sitting there and saying it was great and sort of laughing at the Italians was just … it felt how it sounds”.

“I would say that undoubtedly the sort of unbelievably bullish, we’re going to be great at everything approach is not a smart mentality to have inside a government meeting,” she added.

Helen MacNamara
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Helen MacNamara spoke to the COVID inquiry on Wednesday

Ms McNamara said that her “injections of caution” in January and February 2020 “did not register” with Mr Johnson.

Read More:
Key WhatsApp messages from the COVID inquiry
Johnson suggested he thought COVID was ‘nature’s way of dealing with old people’

No 10 in ‘complete chaos’ as COVID hit and there was ‘no plan’ for shielding

She recounted a “scary experience” on 13 March when she realised just how much trouble the UK was in and relayed that to the prime minister’s top team in no uncertain terms.

The alarmed exchange – 10 days before the first lockdown – followed a conversation with Department for Health official Mark Sweeney who “had been told for years that there is a whole plan for this (pandemic)”.

“But there was no plan”, he told her.

Ms MacNamara then walked into the prime minister’s study where Dominic Cummings was sat with other senior officials – and told them: “I think we’re absolutely f****d, I think this country is heading for a disaster, I think we’re going to kill thousands of people.”

Mr Cummings’s reply was: “I think you are right. I think it is a disaster.” He told her he would speak to the prime minister the next day to sketch out a Plan B – diverging from the previous plan to manage COVID in the community.

Ms McNamara confirmed this is an accurate account of events on 13 March
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Ms McNamara confirmed this is an accurate account of events on 13 March

The events were recounted in a statement from Mr Cummings, Downing Street’s former top aide, which Ms MacNamara said was accurate.

She told the inquiry: “I’d spent most of the day that Friday … really trying to gauge how much of a problem I thought we had.

“It was a sense of foreboding, like I hope nobody sitting in that office ever has again actually. It was a very, very scary experience.

“I felt that it wasn’t in any doubt in my mind at that point that we were heading for a total disaster and we had to do everything in our power to make it impact as little as possible in the time we had available in the circumstances we were in.”

The inquiry also heard:

• It would be “hard to pick one day where the regulations were followed” in Downing Street;
• There was an “absence of humanity” in some government decisions, such as over prisons;
• Westminster and Whitehall are “endemically sexist” but this got worse during the pandemic;
• There was a “toxic” culture under Boris Johnson in Whitehall;
• Matt Hancock displayed “nuclear levels” of overconfidence and a pattern of reassuring colleagues the pandemic was being dealt with in ways that were not true

The COVID inquiry is currently examining government decision-making during the pandemic, and has this week heard from a number of senior government figures including Mr Cummings and former communications director Lee Cain.

The officials have painted a picture of chaos, dysfunctionality, incompetence and backstabbing at the heart of government during the COVID crisis.

‘Toxic culture in Downing Street’

Ms MacNamara said “there was definitely a toxic culture”.

She said the “horrible” foul-mouthed messages sent by Mr Cummings about her, including calling her a ****, were “both surprising and not surprising to me, and I don’t know which is worse”.

She added: “It is disappointing to me that the prime minister didn’t pick him up on the use of some of that violent and misogynistic language.”

She also said that Westminster and Whitehall are “endemically sexist” environments but No 10 and the Cabinet Office became even worse during the pandemic when women had to “turn their screens off” on Zoom meetings or were “sitting in the back row” and “rarely spoke”.

She told the west London hearing that areas of policy to suffer as a result of the “macho” culture were issues including domestic abuse, carers and childcare and abortions during the pandemic.

Govt displayed ‘nuclear levels of confidence despite no plan’

Former health secretary Matt Hancock also came in for criticism during the hearing, in which it was said he claimed “time and time again” that there were plans in place to deal with a pandemic.

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Matt Hancock displayed overconfidence, the inquiry heard

Ms MacNamara said she was “jarred” by one particular incident in which she went to check to see if he needed help but: “He took up a batsman’s stance outside the cabinet room and said, ‘They bowl them at me, I knock them away’.”

She she said she included this in her evidence as it shows “nuclear levels of confidence that were being deployed which I do think is a problem”.

She continued: “Going back to my humanity point, I think that this failure to appreciate all the time that what we were doing was making decisions that were going to impact on everybody’s lives, and that meant lots of real people and real consequences.

“I don’t think there was ever enough attention paid to that.”

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MEV trading returns to court in Pump.fun class-action lawsuit

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MEV trading returns to court in Pump.fun class-action lawsuit

A US court is once again being asked to weigh in on maximal extractable value practices after a judge allowed new evidence to be added to a class-action lawsuit tied to a memecoin platform.

The judge granted a motion to amend and refile to include new evidence a class-action lawsuit against memecoin launch platform Pump.fun, the maximal extractable value (MEV) infrastructure company Jito Labs, the Solana Foundation, which is the nonprofit organization behind the Solana ecosystem, and others.

The motion said over 5,000 pieces of evidence in the form of internal chat logs were submitted by a “confidential informant” in September that were previously unavailable. The filing said:

“Plaintiffs assert that the logs contain contemporaneous discussions among Pump.fun, Solana Labs, Jito Labs, and others concerning the alleged scheme, and that they materially clarify the enterprise’s management, coordination, and communications.”

Solana
The first page of the motion to amend the case to include new evidence, which was granted. Source: Burwick Law

The lawsuit, originally filed in July, alleges that the Pump.fun platform deliberately misled retail investors by marketing memecoin launches as “fair,” but engaged in a scheme with Solana validators to front-run retail participants through maximal extractable value (MEV).

Maximal extractable value is a technique that involves reordering transactions within a block to maximize profit for MEV arbitrageurs and validators. 

The plaintiffs allege that Pump.fun used MEV techniques to give insiders preferential access to new tokens at a low value, which were then pumped and dumped onto retail participants, who were used as exit liquidity by insiders.

Cointelegraph reached out to Burwick Law, the legal firm representing the plaintiffs, as well as Pump.fun, Jito Labs and the Solana Foundation, but did not receive any responses by the time of publication.

Solana
The allegations in the original lawsuit filing. Source: Burwick Law

The lawsuit could set a precedent for MEV cases in the United States, as the ethics of the practice continue to be debated within the crypto industry and legal bodies struggle to define proper regulations about the highly technical subject.

Related: Pump.fun co-founder denies $436M cash out, claims it was ‘treasury management’

The MEV bot trial leaves questions unanswered

Anton and James Peraire-Bueno, the brothers accused of using a MEV trading bot to make millions of dollars in profit, went to trial in November in the US.

Prosecutors argued that the brothers tricked victims out of their funds, but defense attorneys said that they were executing a legitimate trading strategy and did not do anything illegal.

The jury struggled to reach a verdict in the case, and several jurors requested additional information to clarify the complexities surrounding the technical specifics of blockchain technology.

The case ended in a mistrial after the jury was deadlocked and failed to reach a verdict, highlighting the complexity of adjudicating legal disputes surrounding the application of nascent financial technology.

Magazine: Meet the onchain crypto detectives fighting crime better than the cops