Molly White's Citation Needed

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By: Molly White

Keep up with the happenings in the tech world without all the boosterism. Cryptocurrency critic, technology researcher, and software engineer Molly White publishes Citation Needed, a newsletter that features weekly explainers of developments in the cryptocurrency industry, with summaries of the latest disasters featured on her well-known project Web3 is Going Just Great. She also does deep dives into important events in the broader technology industry, with added critical context that is too often missing.

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Issue 106 – A tremendous birthday present
Issue 106 – A tremendous birthday present episode artwork
#10
Yesterday at 11:28 PM

The crypto industry spent the spring buying primaries, an octagon at the White House, and — they hope — a market-structure bill by the Fourth of July. Originally published on June 18, 2026.


End Citizens United’s Tiffany Muller on fighting big money in politics
End Citizens United’s Tiffany Muller on fighting big money in politics episode artwork
#12
06/10/2026

Tiffany Muller talks to me about what Citizens United enabled, how crypto and AI fit into the bigger picture of money in politics, and what it would actually take to fix this broken system. Originally published on June 10, 2026.


I’m launching Tech Influence Watch as AI follows crypto into politics
I’m launching Tech Influence Watch as AI follows crypto into politics episode artwork
#12
06/08/2026

Most voters don’t know that crypto and AI companies have spent more than $400 million this cycle to buy Congress. Let’s make that spending visible. Originally published on June 8, 2026.


Issue 105 – The new boogeyman
Issue 105 – The new boogeyman episode artwork
#11
05/08/2026

A crypto billionaire who escaped fraud allegations after investing hundreds of millions of dollars into the Trump family’s crypto projects is now accusing them of fraud. Originally published on May 8, 2026.


No new trial for Sam Bankman-Fried
No new trial for Sam Bankman-Fried episode artwork
#10
04/29/2026

The former CEO of FTX has essentially no realistic avenues left to avoid his 25-year prison sentence. Originally published on April 28, 2026.


Issue 104 – World Tyranny Financial
Issue 104 – World Tyranny Financial episode artwork
#9
04/20/2026

As the Trump family’s crypto dealings raise more alarms, crypto enforcement is falling to new lows. Originally published on April 20, 2026.


Issue 103 – The President’s Council of Podcasters
Issue 103 – The President’s Council of Podcasters episode artwork
#8
03/31/2026

Coinbase is accused of holding the cryptocurrency industry hostage over stablecoin rewards, prediction markets face an onslaught of opposition, and a Stand With Crypto poll can’t even get enthusiasm from its own activists. Originally published on March 31, 2026.


Sam Bankman-Fried’s helicopter parents crash into federal court
Sam Bankman-Fried’s helicopter parents crash into federal court episode artwork
#7
03/27/2026

SBF praises Trump from prison, his parents beg for a pardon on CNN, and his legal ethics professor mother files court documents claiming to be from him — prompting a judge to demand he swear under oath who wrote them. Originally published on March 27, 2026.


Issue 102 – The public will pay
Issue 102 – The public will pay episode artwork
#6
03/16/2026

Justin Sun buys his way out of an SEC fraud case, Iranian transactions on Binance draw DOJ scrutiny as the exchange sues the newspaper that reported on them, and crypto super PACs dump millions into Tuesday’s primaries in Illinois. Originally published on March 16, 2026.


Issue 101 – Bought and paid for
Issue 101 – Bought and paid for episode artwork
#5
02/27/2026

Bitcoin is down 50%, several prominent industry figures have been uncovered in the Epstein files, Trump’s facing a probe into his family’s $500M deal with the UAE, and crypto super PACs spend their first $6 million in the midterms. Originally published February 26, 2026.


Crypto super PACs have hundreds of millions ready to spend on the midterms
Crypto super PACs have hundreds of millions ready to spend on the midterms episode artwork
#4
02/21/2026

With Trump faltering and their policy agenda incomplete, the crypto industry has moved at least $288 million toward the midterms in a desperate bid to keep Republicans in control of Congress. Originally published on February 20, 2026.


Issue 100 – Freedom of all kinds is worth fighting for
Issue 100 – Freedom of all kinds is worth fighting for episode artwork
#3
01/30/2026

As masked agents execute people and terrorize communities, crypto executives who spent years posting about freedom fall conspicuously silent — except when writing checks for the politicians enabling it. Originally published on January 29, 2026.


Issue 99 – They’ve bought themselves a Congress
Issue 99 – They’ve bought themselves a Congress episode artwork
#2
01/19/2026

Coinbase calls the shots in the Senate, former New York City Mayor Eric Adams faces rug pull allegations, and a crypto executive is breaking up with Trump. Originally published on January 19, 2026.


The year of technoligarchy
The year of technoligarchy episode artwork
#1
01/07/2026

In 2025, Trump brought tech executives into power to dismantle regulators and write their own rules. But the instabilities they’re creating may be their downfall. Originally published on January 7, 2026.


Issue 98 – The world’s most corrupt crypto startup operation
Issue 98 – The world’s most corrupt crypto startup operation episode artwork
#41
12/17/2025

Terra’s Do Kwon gets 15 years, crypto banks get the green light, and the Trump family’s crypto grift expands even as one of their treasury companies goes off the rails. Originally published on December 16, 2025.


Digital asset treasury companies are running out of steam
Digital asset treasury companies are running out of steam episode artwork
#40
11/25/2025

Convincing traders to pay $2 for $1 of bitcoin worked — for a while. As premiums evaporate, an unwind could be painful. Originally published on November 25, 2025.


Issue 97 – This is hardship
Issue 97 – This is hardship episode artwork
#39
11/20/2025

While slumping prices have some fearing it’s crypto winter again, Trump looks to Saudia Arabia and American retail crypto investors to fund the development of his next hotel. Originally published on November 19, 2025.


Issue 96 – Redefining solvency
Issue 96 – Redefining solvency episode artwork
#38
11/08/2025

Sam Bankman-Fried makes his case for a retrial and aspiring crypto banks hit roadblocks. Originally published on November 7, 2025.


Trump says he has “no idea” who he just pardoned
Trump says he has “no idea” who he just pardoned episode artwork
#37
11/03/2025

President Trump reacts to condemnations of his recent pardon of Binance founder Changpeng Zhao by claiming he doesn’t know who he is. Originally published on November 3, 2025.


Issue 95 – The pardon was the payoff
Issue 95 – The pardon was the payoff episode artwork
#36
10/29/2025

Binance’s Changpeng Zhao earns a gold-plated pardon as other industry figures fund Trump’s $300 million ballroom. Originally published October 28, 2025.


Anatomy of a crypto collapse
Anatomy of a crypto collapse episode artwork
#35
10/17/2025

October 2025 brought the most dramatic crypto flash crash of all time, but it was only a dress rehearsal for the systemic crisis the industry is building toward. Originally published on October 17, 2025.


Issue 94 – Backdoor deals
Issue 94 – Backdoor deals episode artwork
#34
10/09/2025

Trump is still corrupt, a core developer warns bitcoin won’t survive an upcoming code change, and crypto lenders are ratcheting up leverage like it’s 2022. Originally published on October 8, 2025.


Issue 93 – Undermining deregulation
Issue 93 – Undermining deregulation episode artwork
#33
09/25/2025

Democratic lawmakers sound corruption alarms while crypto PACs gear up for the midterms. Originally published on September 25, 2025.


Prediction markets are booming. Oversight is barely there.
Prediction markets are booming. Oversight is barely there. episode artwork
#32
09/16/2025

Prediction markets once lived on the academic fringe. Now they’re trading billions on politics, sports, and celebrity gossip — under rules never designed for retail gamblers. Originally published on September 16, 2025.


Issue 92 – The scam of all scams
Issue 92 – The scam of all scams episode artwork
#31
09/12/2025

The Trumps “debank” major customers from their “anti-debanking” cryptocurrency venture, and a CFTC nominee says the Winklevosses are blackballing him. Originally published on September 12, 2025.


Trump Jr.-advised prediction markets invite bets on president’s demise
Trump Jr.-advised prediction markets invite bets on president’s demise episode artwork
#30
09/02/2025

President Trump’s deregulatory agenda emboldened prediction markets to push boundaries around permitted event contracts. Now sites advised by his son are allowing bets on his death. Originally published on September 2, 2025.


Issue 91 – GDP on the blockchain
Issue 91 – GDP on the blockchain episode artwork
#29
08/27/2025

The regulator set to take on primary crypto oversight is down to a single Commissioner, and new pro-crypto PACs focus on installing more Republicans in the midterms. Originally published on August 27, 2025.


As he builds US power, Justin Sun fights to control his story
As he builds US power, Justin Sun fights to control his story episode artwork
#28
08/19/2025

A crypto billionaire who once feared arrest in the US is now a Trump business adviser and White House guest. His lawsuit against Bloomberg reveals what he doesn't want Americans to know about his crypto fortune. Originallly published on August 19, 2025.


Issue 90 – Crime szn bro
Issue 90 – Crime szn bro episode artwork
#27
08/14/2025

The Trump administration cracks down on software to limit surveillance of crypto transactions, while celebrating a “deregulatory blitz” tailored for its billionaire benefactors. Originally published on August 13, 2025.


Curate your own newspaper with RSS
Curate your own newspaper with RSS episode artwork
#26
07/31/2025

Escape newsletter inbox chaos and algorithmic surveillance by building your own enshittification-proof newspaper from the writers you already read. Originally published on July 31, 2025.


The Tornado Cash case: When politics sabotage a prosecution
The Tornado Cash case: When politics sabotage a prosecution episode artwork
#25
07/29/2025

The Trump administration’s regulatory whiplash has left prosecutors scrambling with misattributed chat messages and questionable victim testimony. Originally published on July 28, 2025.


Issue 89 – Crypto wins in Washington with midnight calls, chocolate bars, and a $141 million threat
Issue 89 – Crypto wins in Washington with midnight calls, chocolate bars, and a $141 million threat episode artwork
#24
07/23/2025

Trump stands to profit from a $2 billion bitcoin bet as the crypto industry pushes through bills aimed at bolstering the sector. Originally published on July 23, 2025.


Issue 88 – The stockchain
Issue 88 – The stockchain episode artwork
#23
07/11/2025

Crypto firms hope putting a blockchain veneer on traditional equities will allow them to sidestep lessons learned in the 1929 Wall Street crash, crypto firms look to become banks, and Congress celebrates crypto surveillance while claiming to outlaw it. Originally published on July 11, 2025.


Issue 87 – SO ORDERED
Issue 87 – SO ORDERED episode artwork
#22
07/01/2025

Trump’s crypto empire attracts more foreign millions, the FHFA pushes crypto on mortgage lenders, and Mamdani’s mayoral primary win makes billionaires sweat. Originally published on July 1, 2025.


Issue 86 – State power sponsored by Coinbase
Issue 86 – State power sponsored by Coinbase episode artwork
#21
06/19/2025

The GENIUS Act passes the Senate after explicit threats to Democrats from the crypto lobby, and shady crypto billionaire Justin Sun cozies up even closer to the Trump family. Originally published on June 19, 2025.


It matters. I care.
It matters. I care. episode artwork
#20
06/11/2025

Originally published on June 11, 2025.


Issue 85 – All the President’s tokens
Issue 85 – All the President’s tokens episode artwork
#19
06/05/2025

As Trump’s web of crypto projects gets tangled up in itself, a regulator warns of “regulatory Jenga” in the crypto sector that echoes the 2008 financial crisis. Originally published on June 5, 2025.


Trump to launch branded crypto trading application
Trump to launch branded crypto trading application episode artwork
#18
06/03/2025

New crypto trading and wallet application, created in partnership with Magic Eden, invites fans of President Trump to buy his memecoin. Originally published on June 3, 2025.


OpenAI featured chatbot is pushing extreme surgeries to “subhuman” men
OpenAI featured chatbot is pushing extreme surgeries to “subhuman” men episode artwork
#17
05/31/2025

OpenAI's featured chatbot recommends $200,000 in surgeries while promoting incel ideology. Originally published on May 31, 2025.


Issue 84 – Rogue overseas support agents
Issue 84 – Rogue overseas support agents episode artwork
#16
05/20/2025

Coinbase’s substantial data breach coincides with a convenient terms of service update, while the GENIUS Act stablecoin bill regains momentum in the Senate. Originally published on May 20, 2025.