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Last year, a man in his mid-20s named Dexter Reed was charged with three counts of aggravated unlawful use of a weapon and one count of possession of a firearm with a revoked Firearms Owners Identification Card, which is required in the state of Illinois before you can possess a weapon or ammunition. Because no one really spends time in jail in Illinois anymore, Reed was free on pretrial release for these felony charges as recently as this past March.

It goes without saying that at that point, any functioning member of society who somehow found himself charged with these crimes would try to lay low for a bit. Maybe theyd keep their illegal guns at home, for example. But Dexter Reed did not choose that approach because hes not a functioning member of society. Instead, in March, Reed went for a drive in an SUV wearing a ski mask and carrying a firearm.

Thats when police say they noticed that Reed was breaking yet another law: he wasnt wearing a seatbelt. Instead of cooperating with the traffic stop, this is what happened. Im going to show two angles of this incident from police body cams. The second body cam is from an officer who was shot as this unfolded. Watch:

Its clear from this footage that Dexter Reed is wearing a ski mask and hes not cooperating with the officers. They tell him to unlock the door and stop rolling up the windows, and he refuses for quite some time. Then the officers see something that clearly puts them in fear of their life. They back up, and shots begin ringing out. One officer is hit in the wrist, and he survives.

According to the Chicago Sun Times : Alderman Brian Hopkins, chairman of the City Councils Public Safety Committee, said hes been told 26-year-old Reed fired 11 shots through his car window in what Hopkins called an attempt to kill police officers. An empty gun was recovered at the scene, Hopkins said. He fired 11 rounds at these police officers before he was eventually killed.

As of now, police are still investigating this shooting. But Chicagos Civilian Office of Police Accountability has determined that the evidence appears to confirm that Reed fired the first shot. And the video by itself shows that pretty clearly. WATCH: The Matt Walsh Show

One social media user on Twitter, the account Expose Them, synced up footage from two of the body cams that Chicago police have released. The top bodycam is the one I just showed of the officer who got hit. The other bodycam is from a third officer on the scene. You can see that the first officer gets hit before the other officers fire:

The footage is pretty clear evidence that the officers defended themselves. They should end the discussion entirely. But that hasnt happened, because even before these body cams were released, professional agitators engaged in a concerted effort to turn Dexter Reed into a martyr.

A former Chicago mayoral candidate and BLM activist named JaMal Green began posting on social media this weekend that the footage would show an execution. He also warned about possible riots, which of course is exactly what JaMal Green wants to happen.

And Greens strategy appears to be working, at least so far.

This week crowds turned up outside a police station to heckle officers and make some of the most strained arguments imaginable. Watch:

So theyre saying the cops couldnt possibly have known whether he was breaking the seat belt law, because he was driving with heavily tinted windows, which is also against the law.

Apparently in BLM circles this is seen as a sort of checkmate, even though theyve just provided an additional reason why police would have wanted to pull this guy over.

And then they argue that theres no need for armed officers to enforce seat belt laws. Well, apparently there is, especially in a city like Chicago because you never know when someone whos not wearing a seatbelt might be out of jail on a felony gun charge, still packing heat and wearing a ski mask and ready to shoot at you for no reason.

All of that is irrelevant anyway. Even if they had no reason to pull him over which they did it still obviously doesnt justify him shooting at the cops. You dont get to shoot at the cops if you disagree with their reason for stopping you. Ive been pulled over for seatbelt violations before. I found it annoying. I never considered murder as a response.

But the push to portray Dexter Reed as a victim continues anyway, because none of this is really about the facts. Alleged academics are getting involved, too. An English professor at Amherst named Frank Leon Roberts wrote on social media:

His name was Dexter Reed. Murdered in broad daylight by the Chicago Police Department. 96 shots in 41 seconds. 26 years old. His crime: not having his seatbelt on. This is America. Defund and abolish the police.

A few hours after the professor wrote that tweet, he deleted it and erased his entire Twitter account, maybe because it was a little too ridiculous even by the standards of Amherst. But it wasnt too absurd for the corporate press. Theyve also done everything they can to portray the police as the aggressors here.

Heres how the Washington Post covered Dexter Reeds traffic stop, for example. The headline reads: Police fire 96 shots in 41 seconds, killing Black man during traffic stop.

So theres nothing in there about what Dexter Reed did during the traffic stop. Theres no mention of the fact he opened fire on police officers. In fact, if you read the story, you wont find any mention of Dexter Reed shooting his handgun until the eighth paragraph of the story. Thats not an exaggeration. They just ignore it until eight paragraphs in.

Instead, heres what the Washington Post talks about first. This is from the beginning of their article. Its as emotional and over-the-top as they possibly could have done it:

Dexter Reeds mother remembers the last time she saw her son alive. . He was just riding around in his car, Dexters mother, Nicole Banks, [said] on Tuesday, as she broke down in tears. They killed him.

This is the footage theyre referencing:

So Reeds mother is out at press conferences crying and fainting on camera. Im sure she is legitimately distraught given that her child was killed. But as always, there is no self-analysis, no moment of honest reflection where she wonders how she raised a child who would throw his life away for no reason during a traffic stop. Instead she blames the cops and the lawsuit, Im sure, will be close behind. And the Washington Post decides to lead with this, instead of an accurate description of what happened during the traffic stop.

Its hard to think of a more deliberately dishonest way to frame the actions of an attempted cop-killer. And just for good measure, the Post puts a giant photo of Dexter Reed at some graduation ceremony from 5five years ago at the top of the article. They leave off his mug shot from his felony firearms arrest. This is the way it always goes with BLM martyrs. You never see graduation photos of anyone who makes the news for any reason unless its a black guy killed by the cops.

On Twitter, a writer named Daniel Friedman pointed out the history of this tactic. It began after Michael Brown was shot ten years ago after fighting with a cop and trying to take his gun. Media outlets went on Browns Facebook, and then they used unflattering photos of Brown flashing gang signs in their coverage.

As Friedman writes, Black Twitter reacted angrily. They said that the media was using images of Brown that stereotyped him. There was a trending hashtag #if they gunned me down of college students or professionals posting pictures of themselves looking like thugs in solidarity with Brown.

So the media relented and swapped out the thug photos for graduation photos. And theyve been doing that ever since.

In this case, the Washington Post wasnt alone in whitewashing Reeds actions. CNN ran a similar headline that made no mention of Dexter Reed shooting at officers : 96 shots fired in a fatal traffic stop. Heres what the bodycam footage shows. The AP reprted , Deadly Chicago traffic stop where police fired 96 shots raises serious questions about use of force.

Its almost comical when you picture the editors carefully trying to construct these headlines so that they dont mention the elephant in the room. Its like imagining someone trying to describe the maiden voyage of the Titanic without saying anything about the whole iceberg thing.

But Id be remiss if I mocked the medias ridiculous coverage of this episode without mentioning the Daily Mail . They chose to portray Dexter Reed as an aspiring broadcaster. So hes not an attempted cop killer hes the next Tom Brokaw apparently :

On Tuesday, Chicago Police released footage of the March 21 encounter which showed them firing 96 shots at Reed, even as he lay motionless on the ground outside his vehicle. The aspiring broadcasters death has reignited conversations around excessive police force against black people, though officers maintain Reed opened fire first.

At least they get around to suggesting that the officers were defending themselves. So theres that. Its easy to laugh at how absurd this is, but theres a point to it. BLM and their allies in the media are desperate to find a new George Floyd before the election. They know Democrats stand a very real chance of losing power in November. So theyre using the same tactics they did four years ago.

George Floyd, we were told, wasnt a home invader, thief and drug addict. They told us he was a Gentle giant trying to Get his life back on track. Now were expected to believe that Dexter Reed is also some misunderstood pillar of the local community, instead of the degenerate he is. The plan is to cause riots, terrify everyone into voting the way they want, and force a national reckoning on race to promote more of their mediocre allies into positions of power. And they plan to accomplish all of that by lying about a dead thug.

This is a strategy were seeing more and more often as the election approaches. Last October, for example, the media tried to incite riots over the shooting death of Leonard Cure a man who tried to kill a police officer on camera during a traffic stop. Theres no dispute about this. Its on tape. Watch:

After seeing that footage, here was the Washington Post headline : Deputy fatally shoots man who served 16 years for wrongful conviction. The article begins: Leonard Cure, who was exonerated in 2020, was killed by a Georgia sheriffs deputy during a traffic stop Monday The deputy used a Taser and a baton before shooting Cure.

The Post didnt get around to mentioning that Cure tried to murder the deputy until 14 paragraphs into the story. And even then, they describe it as carefully as they can. They say Cure was forcefully grappling with the deputy and pushing the deputys head back with his hand. Thats the Posts way of saying that he was trying to choke the officer to death. And of course, Ben Crump came out and declared that Cure had been shot simply for being black.

That effort didnt catch on in quite the way the media and BLM activists had hoped. So now theyre trying again. And they will continue to try until one of two things happen. Either they get the riots they want and terrorize millions of people into voting for Democrats out of fear or, for once, normal, sane people stand up and say whats obvious. And thats the fact that Dexter Reed and Leonard Cure and all of these BLM heroes are the dregs of society. They are not role models and they are not victims. They are, in fact, the cause of many serious problems that cities like Chicago are experiencing right now. Thats the only message that can put an end to these riots before they start, and avert a repeat of the pillaging we saw in 2020. It happens to be a message that most Americans believe, even if theyre afraid to say it. But as unpleasant as it may be, its time we started saying it.

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Lectric Ebikes may be launching a new XP 4 this week, and it could change everything

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Lectric Ebikes may be launching a new XP 4 this week, and it could change everything

Lectric Ebikes appears to be preparing for a major new product launch, teasing what looks like the next evolution of its wildly popular folding fat tire electric bike. Based on the clues, it looks like a new Lectric XP 4 could be inbound.

In a social media post released over the weekend, the company shared a minimalist graphic reading “XP4” along with the message “Tune in 5.6.2025 9:30AM PT.” That date – this Tuesday – suggests we’re just hours away from the big reveal of the Lectric XP 4.

If true, this would mark the next generation of the most successful electric bike in the U.S. market. The current model, the Lectric XP 3.0, has become an icon of accessible, budget-friendly electric mobility. Starting at just $999, the XP 3.0 offers a foldable frame, fat tires, a 500W motor, a rear rack, lights, and hydraulic brakes – all packed into a highly shippable design that arrives fully assembled. It’s the kind of package that has helped Lectric claim the title of best-selling e-bike brand in the U.S. for several years in a row.

With the XP 3.0 still going strong, the teaser raises plenty of questions. Will the XP 4.0 be a modest update or a major leap forward? Could we see new features like torque-sensing pedal assist, a location tracking option, or upgraded performance? Or is Lectric preparing a more comfort-oriented variant, maybe even with upgraded suspension or even more accessories included standard?

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The teaser image, which features stylized stripes in grey, blue, and black, may hold some clues. One theory is that the colors represent new trim options or component upgrades. Another possibility is that Lectric is preparing multiple variants of the XP 4.0 – perhaps targeting commuters, adventurers, and off-road riders with purpose-built versions. We took the liberty of a bit of rampant speculation late last year, so perhaps that’s now worth a revisit.

At the same time though, Lectric’s penchant for launching new models at unbelievably affordable prices has never run up against such strong pricing headwinds as those posed by uncertainty in the current US-global trade war fueled by rapidly changing tariffs for imported goods.

lectric xp 3.0 hydraulic
Previous versions of the Lectric XP e-bike line have seen sky-high sales

Whatever the case, Lectric’s knack for surprising the industry with high-value, customer-focused e-bikes means expectations will be high. The brand has built a loyal following by delivering reliable performance at a price point that few can match, and any major update to the XP lineup is likely to ripple across the market.

As a young and energetic e-bike company, Lectric is also known for throwing impressive parties around the launch of new models. It looks like I may need to hop on a red-eye to Phoenix so I can see for myself – and so I can bring you all along, of course.

Be sure to tune in Tuesday at 9:30AM PT to see what Lectric has in store – and you can bet we’ll have all the details and first impressions as soon as they drop.

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Industry calls for urgent crypto law reforms after Australian election

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Industry calls for urgent crypto law reforms after Australian election

Industry calls for urgent crypto law reforms after Australian election

The Australian crypto industry has called on the newly reelected Labor government to urgently make digital asset legislation a top priority to ensure Australia doesn’t fall further behind global markets.

The incumbent Australian Labor Party was returned in a landslide on May 3, picking up 54.9% of the two-party-preferred vote, against the Liberal and National Parties on 45.1%. Both parties went to the election promising crypto law reform, but only the opposition pledged to deliver draft legislation within 100 days.

Joy Lam, Binance’s head of global regulatory and APAC legal, said the exchange has been consulting with Treasury officials since late 2023 about its proposed legislation, and it was now time for action.

“Timing is really quite critical now because obviously it’s something that has been discussed and kicked around for quite a few years,” she told Cointelegraph.

Coinbase managing director for APAC John O’Loghlen said the reelected Albanese Government has the “opportunity and the responsibility to move quickly on this issue” and called for a Crypto-Asset Taskforce to be established within its first 100 days “with the aim of bringing forward legislation that protects consumers, promotes innovation, and stops the exodus of talent and capital to other markets.”

Cryptocurrencies, Australia, Bitcoin Regulation
Reelected Prime Minister Anthony Albanese. Source: Anthony Albanese

BTC Markets CEO Caroline Bowler said that “beyond the political implications, this result sets the stage for meaningful progress in Australia’s approach to digital asset regulation.”

Lam noted that the UK released its draft regulations last week, stablecoin bills are moving forward in the US, and the EU has already implemented its MiCA legislation.

“So there’s a very clear shift. Everyone’s moving towards providing the regulatory framework that is needed for the industry to develop in a sustainable way. So time is really of the essence now.”

Draft crypto legislation within months

Treasurer Jim Chalmers’ office told Cointelegraph that exposure draft legislation would be released sometime this year for consultation, and any legislated reforms would be “phased in over time to minimize disruptions to existing businesses.”

Although the Treasury has draft legislation on “regulating digital asset platforms” and “payments system modernization” scheduled for release by the end of June, Lam isn’t confident. “I don’t know whether this quarter specifically is still sort of the timeline,” she said.

Related: Australian election will bring pro-crypto laws either way

While the ALP has been attacked by some over not taking any action in its first term in government, that may actually have resulted in a better outcome than legislation that took its cues from the approach of Joe Biden’s administration, which took a hard line on banks dealing with cryptocurrency and viewed most coins as securities. 

Industry figures report a noticeable evolution in the government’s approach to crypto between when proposals were first put out for consultation at the end of 2023 and when the Treasury released its much more positive “Statement on Developing an innovative Australian digital asset industry” in March this year.

Cryptocurrencies, Australia, Bitcoin Regulation
Australia Votes running tally on the Australian election. Source: ABC

The statement sets out key priorities, such as using the existing Australian Financial Services License (AFSL) regime to underpin the regulation of Digital Asset Platforms and payment stablecoins. It’s focused on the safe custody of client assets by centralized providers and sidesteps issues around decentralized finance platforms

Lam welcomed the use of the AFSL regime. “Obviously, we don’t need to reinvent the wheel,” she said. “It’s something that people know and understand. It’s a pretty sensible move, and it’s also going to be much easier for regulators.”

Tokenization and sandbox

The government will also review the Enhanced Regulatory Sandbox, which aims to provide space for innovative digital asset startups to grow free of red tape. The statement also highlights opportunities with tokenization.

Lam said the change in emphasis showed the government has been listening to the industry. 

“It reflects the industry feedback that they would have received in 2023 as a result of the consultation, as well as the changing landscape because obviously it’s been evolving pretty quickly internationally,” Lam said.

“They do have the benefit now of looking at what has worked and hasn’t worked in other jurisdictions, and really building on those lessons.”

Dea Markovy, policy director at Fireblocks, told Cointelegraph that “a lot of the groundwork and research is done” and it was looking broadly positive.

“Of course, a lot of details are still to come around Australia’s Digital Asset Platforms (DAPs) regime. What is significant here is the willingness of the Government to cut through the complexity and uncertainty on crypto intermediaries licensing.” 

The securities regulator ASIC released its own crypto regulations proposals (INFO 225) in December, and feedback from those consultations will help inform the government’s new legislation. 

“In essence, it details how different token issuances and crypto intermediation will fit into Australia’s existing securities legislation, providing for a transition period,” explained Markovy.

The draft guidance suggests NFTs, in-game assets and memecoins are not financial products — the local equivalent of a “security” — while a yield-bearing stablecoin or a gold-backed token probably are.

The Treasury statement also highlighted issues with debanking. Lam said that simply regulating the industry would go a long way toward solving the issue.

“What we really want from governments and regulators is that clean licensing framework, because that goes a long way to mitigating the risk and giving the banks the comfort that they need,” she said. “And then, there’s probably going to need to be some additional guidance given to banks.”

Magazine: ZK-proofs are bringing smart contracts to Bitcoin — BitcoinOS and Starknet

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At least 15 injured in ‘US-British’ strike on Yemeni capital, according to Houthi group

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At least 15 injured in 'US-British' strike on Yemeni capital, according to Houthi group

Yemen’s Houthi rebel group has said 15 people have been injured in “US-British” airstrikes in and around the capital Sanaa.

Most of those hurt were from the Shuub district, near the centre of the city, a statement from the health ministry said.

Another person was injured on the main airport road, the statement added.

It comes after Israeli Prime Minister Benjamin Netanyahu vowed to retaliate against the Houthis and their Iranian “masters” following a missile attack by the group on Israel’s main international airport on Sunday morning.

It remains unclear whether the UK took part in the latest strikes and any role it may have played.

On 29 April, UK forces, the British government said, took part in a joint strike on “a Houthi military target in Yemen”.

“Careful intelligence analysis identified a cluster of buildings, used by the Houthis to manufacture drones of the type used to attack ships in the Red Sea and Gulf of Aden, located some fifteen miles south of Sanaa,” the British Ministry of Defence said in a previous statement.

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On Sunday, the militant group fired a missile at the Ben Gurion Airport, sparking panic among passengers in the terminal building.

The missile impact left a plume of smoke and briefly caused flights to be halted.

Four people were said to be injured, according to the country’s paramedic service.

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