‘I was Jewish and crossing the street’: Campaigner criticises ‘outrageous’ reaction to antisemitism row

Published

1 year ago

April 22, 2024

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The campaigner at the centre of an antisemitism row with the Metropolitan Police has criticised “outrageous” comments made by a former senior officer who said he would have considered arresting him for assault.

Gideon Falter, the chief executive of the Campaign Against Antisemitism, spoke to Sky News’s Kay Burley at Breakfast after footage showed a police officer preventing him from crossing a road near a pro-Palestinian march in London because he was “openly Jewish”.

The officer also told Mr Falter, who was wearing a kippah skull cap near the march on Saturday 13 April, that he was “worried about the reaction to your presence”.

Mr Falter has called on Met Police chief Sir Mark Rowley to resign and accused the force of “victim-blaming” after the encounter.

Sky News understands Sir Mark will meet the home secretary today.

He also met a delegation from the Jewish community to discuss their concerns alongside other senior officers.

Following the meeting, the Community Security Trust said the Met representatives repeated their apologies and agreed to “consult more closely” with the Jewish community, including senior Jewish police officers, “to ensure greater cultural sensitivity in future communications”.

The statement said the groups would continue their dialogue with the police regarding the “cumulative impact of the repeated anti-Israel protests”.

“We urge the police and government to work together to find ways to limit this impact through reducing the number of protests, moving them to less disruptive locations and acting firmly and consistently whenever offences are committed by people on the demonstrations,” they added.

Prime Minister Rishi Sunak has said he has confidence in Sir Mark but that he needs to rebuild “confidence and trust” with the Jewish community.

Retired senior officer defends Met’s response

Meanwhile, former Met Chief Superintendent Dal Babu said he has seen the full 13-minute video of the incident on Sky News and saw a “different encounter” to the one Mr Falter had described.

Mr Babu said that if he had been policing the march he would have considered arresting the campaigner for “assault on a police officer and a breach of the peace”.

Mr Falter said in response: “I think it’s a pretty outrageous thing to say, I think it’s a pretty outrageous thing to be giving any credence to.

“I was Jewish. I was crossing the street”.

Mr Falter added: “I did not assault a police officer. How on Earth can anybody say that? I’m quite clearly in the video trying to continue to walk where I was going.”

Mr Babu later reaffirmed his view of the encounter and said the video shows Mr Falter pushing policing officers “out of the way” which amounts to “common assault”.

He also defended the police’s handling of the situation and said: “I think the police dealt with it and tried to be as sensitive as possible.

“I think the police officer was offering to take Mr Falter and his group to a place where they could cross more appropriately. Mr Falter was refusing to move and wanted to cross at that particular place against the march.”

Campaigner will walk near march again

The force apologised on Friday for using the term “openly Jewish”, but then had to apologise for their apology after suggesting opponents of pro-Palestinian marches “must know that their presence is provocative”.

The Met said in its initial apology that its aim was to keep people safe.

Mr Falter has said he is planning to go for a walk in the vicinity of a pro-Palestinian march again on Saturday 27 April, adding that he “should be allowed to do that”.

Earlier on the show, black journalist Seyi Rhodes said that although he wouldn’t want to, he would avoid a far-right march if he knew one was being held in a certain place in London.

Mr Falter said in response: “It is outrageous to put to me that the correct response of Jewish people to these marches, where we have seen such brazen antisemitism the whole time is to just stay away from them.”

Falter insists he was not there to ‘counter-protest’

Ben Jamal, director of the Palestinian Solidarity Campaign, has said Mr Falter is wrong to have suggested he was “innocently going for a walk”.

“The reality was he came to the march with an entourage of four to five people and a film crew and sought to break through the stewards.

“He physically pushes himself past the police in order to walk in front of the march… he was trying to provoke a confrontation. That’s what happened.”

Mr Jamal accused the Campaign Against Antisemitism of “using the tactic of coming to the marches to provoke an incident so that they can say there are scenes of disorder and therefore the marches cannot go ahead”.

Mr Falter said he found Mr Jamal’s remarks to be “absolutely astonishing”.

He added: “I was not going to try and provoke something… what exactly does he think I’m trying to provoke by being ‘openly Jewish’?

“I was not there to counter-protest. I was not there with film crews or anything of the sort. I was simply Jewish in the vicinity of these marches.”

Politics

US crypto rules like ‘floor is lava’ game without lights — Hester Peirce

Published

6 hours ago

April 27, 2025

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<div>US crypto rules like 'floor is lava' game without lights — Hester Peirce</div>

SEC Commissioner and head of the crypto task force, Hester Peirce, says US financial firms are navigating crypto in a way that’s similar to playing the children’s game “the floor is lava,” but in the dark.

“It is time that we find a way to end this game. We need to turn on the lights and build some walkways over the lava pit,” Peirce said at the SEC “Know Your Custodian” roundtable event on April 25.

The lava is crypto, says Peirce

Peirce explained that SEC registrants are forced to approach crypto-related activities like “the floor is lava,” where the aim is to jump from one piece of furniture to the next without touching the ground, except here, touching crypto directly is the lava.

“A D.C. version of this game is our regulatory approach to crypto assets, and crypto asset custody in particular,” she said.

Peirce said that, much like in the game, firms wanting to engage with crypto must avoid directly holding it due to unclear regulatory rules. “To engage in crypto-related activities, SEC-registrants have had to hop from one poorly illuminated regulatory space to the next, all while ensuring that they never touch any crypto asset,” Peirce said.

Cryptocurrencies, SEC, United States — *Source:* *US Securities and Exchange Commission*

Peirce said that investment advisers are often unsure which crypto assets qualify as securities, what entities count as qualified custodians, and whether “exercising staking or voting rights” could trigger custody violations.

“The twist in the regulatory version is that it is largely played in the dark: burning legal lava and no lamps to illuminate the way.”

Peirce also said that a broker or ATS that cannot custody or manage crypto assets will struggle to facilitate trading, making it unlikely for a “robust market” to develop.

Echoing a similar sentiment, SEC Commissioner Mark Uyeda said at the event that as more SEC registrants work with crypto assets, it’s essential that they have access to custodial options that meet legal and regulatory requirements.

Uyeda said the agency should consider letting advisers use “state-chartered limited-purpose trust companies” with the authority to hold crypto assets as qualified custodians.

Meanwhile, the recently sworn-in chair of the SEC, Paul Atkins, said that he expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency, and cutting costs.

He reiterated that among his goals at the SEC would be to facilitate “clear regulatory rules of the road” for digital assets, hinting that the agency under former chair Gary Gensler had contributed to market and regulatory uncertainty.

“I look forward to engaging with market participants and working with colleagues in President Trump’s administration and Congress to establish a rational fit-for-purpose framework for crypto assets,” said Atkins.

Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest, April 19 – 25

Politics

Labour and Reform in battle for Runcorn by-election seat – but disillusionment could be eventual winner

Published

7 hours ago

April 27, 2025

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Labour and Reform in battle for Runcorn by-election seat - but disillusionment could be eventual winner

On the banks of the Mersey, Runcorn and Helsby is a more complicated political picture than the apparent Labour heartland that first presents itself.

Yes, there are industrial and manufacturing areas – an old town that’s fallen victim to out-of-town shopping, and an out-of-town shopping centre that’s fallen victim to Amazon.

But there are also more middle-class new town developments, as well as Tory-facing rural swathes.

One thing this area does mirror with many across the country, though, is a fed-up electorate with little confidence that politics can work for them.

In the Space Cafe in Runcorn Old Town, its director Marie Moss says many in the region remember a time when a sense of community was more acute.

“People were very proud of their town… and that’s why people get upset and emotional as they remember that,” she says.

It’s this feeling of disenfranchisement and nostalgia-tinged yearning for the past that Reform UK is trading off in its targeting of traditional Labour voters here.

Party leader Nigel Farage features heavily on leaflets in these parts, alongside spikey messaging around migration, law and order, and Labour’s record in government so far.

Taxi driver Mike Holland hears frequent worries about that record from those riding in the back of his cab.

A Labour voter for decades, he says locals were “made up” at last year’s election result but have been “astonished” since then, with benefit changes a common topic of concern.

“Getting a taxi is two things, it’s either a luxury or a necessity… the necessity people are the disabled people… and a lot of the old dears are so stressed and worried about their disability allowance and whether they are going to get it or not get it,” he says.

But will that mean straight switchers to Reform UK?

Mike says he agrees with some of what the party is offering but thinks a lot of people are put off by Mr Farage.

He’s now looking at the Liberal Democrats and Greens, both of whom have put up local politicians as candidates.

Or, Mike says, he may just not vote at all.

It’s in places like Runcorn town that some of the political contradictions within Reform UK reveal themselves more clearly.

Many here say they were brought up being told to never vote Tory.

And yet, Reform, chasing their support, has chosen a former Conservative councillor as its candidate.

It’s no surprise Labour has been trialling attack lines in this campaign, painting Mr Farage’s party as “failed Tories”.

As a response to this, look no further than Reform’s recent nod to the left on industrialisation and public ownership.

👉 Click here to listen to Electoral Dysfunction on your podcast app 👈

But head 15 minutes south from Runcorn docks, and this by-election campaign changes.

Rural areas like Frodsham and Helsby have, in the past, tended towards the Tories.

The Conservatives, of course, have a candidate in this vote, one who stood in a neighbouring constituency last year.

But Reform is now making a hard play for their supporters in these parts, with a softer message compared to the one being put out in urban areas – an attempt to reassure those anxious about too much political revolution coming to their privet-lined streets.

Labour, meanwhile, is actively trying to mobilise the anti-Farage vote by presenting their candidate – another local councillor – as the only person who can stop Reform.

The pitch here is aimed at voters like Frodsham makeup artist Nadine Tan, who are worried about division and anger in the community.

“I think they need to kind of come together and stop trying to divide everyone,” she says.

But like Mike the taxi driver five miles north, disillusionment could be the eventual winner as Nadine says, despite the “thousands of leaflets” through her door, she still thinks “they all say the same thing”.

One factor that doesn’t seem to be swinging too many votes, though, is the insalubrious circumstances in which the area’s former Labour MP left office.

Mike Amesbury stepped down after being convicted of repeatedly punching a constituent in a late-night brawl outside a pub.

But across the patch, many praise their ex-MP’s local efforts, while also saying he was “very silly” to have acted in the way he did.

That may be putting it mildly.

But it’s hard to find much more agreement ahead of Thursday’s vote.

A constituency still hungry for change, but unsure as to who can deliver it.

Full list of candidates, Runcorn and Helsby by-election:

Catherine Anne Blaiklock – English Democrats
Dan Clarke – Liberal Party
Chris Copeman – Green Party
Paul Duffy – Liberal Democrats
Peter Ford – Workers Party
Howling Laud Hope – Monster Raving Loony Party
Sean Houlston – Conservatives
Jason Philip Hughes – Volt UK
Alan McKie – Independent
Graham Harry Moore – English Constitution Party
Paul Andrew Murphy – Social Democratic Party
Sarah Pochin – Reform UK
Karen Shore – Labour
John Stevens – Rejoin EU
Michael Williams – Independent

Politics

Solana’s Loopscale pauses lending after $5.8M hack

Published

14 hours ago

April 26, 2025

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<div>Solana's Loopscale pauses lending after .8M hack</div>

Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit.

On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending protocol after taking out a “series of undercollateralized loans”, Loopscale co-founder Mary Gooneratne said in an X post.

The exploit only impacted Loopscale’s USDC and SOL vaults and the losses represent around 12% of Loopscale’s total value locked (TVL), Gooneratne added.

Loopscale is “working to resume repayment functionality as soon as possible to mitigate unforeseen liquidations,” its said in an X post.

“Our team is fully mobilized to investigate, recover funds, and ensure users are protected,” Gooneratne said.

Solana's Loopscale pauses lending after $5.8M hack — *Loopscale’s ‘Genesis’ lending vaults. Source: Loopscale*

In the first quarter of 2025, hackers stole more than $1.6 billion worth of crypto from exchanges and on-chain smart contracts, blockchain security firm PeckShield said in an April report.

More than 90% of those losses are attributable to a $1.5 billion attack on ByBit, a centralized cryptocurrency exchange, by North Korean hacking outfit Lazarus Group.

Unique DeFi lending model

Launched on April 10 after a six-month closed beta, Loopscale is a DeFi lending protocol designed to enhance capital efficiency by directly matching lenders and borrowers.

It also supports specialized lending markets, such as “structured credit, receivables financing, and undercollateralized lending,” Loopscale said in an April announcement shared with Cointelegraph.

Loopscale’s order book model distinguishes it from DeFi lending peers such as Aave that aggregate cryptocurrency deposits into liquidity pools.

Loopscale’s main USDC and SOL vaults yield APRs exceeding 5% and 10%, respectively. It also supports lending markets for tokens such as JitoSOL and BONK (BONK) and looping strategies for upwards of 40 different token pairs.

The DeFi protocol has approximately $40 million in TVL and has attracted upwards of 7,000 lenders, according to researcher OurNetwork.

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