Peter Dugas (@regintel2000) header
Peter Dugas (@regintel2000) profile picture

Regulatory Intelligence Group. Insights on strategic regulatory and political intelligence - financial services. Former @USTreasury @CDFIFund @USDOL @SBAgov.

Washington, DC
Joined September 2025
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Peter Dugas retweeted
40M early votes.
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This literally happens every election going back 30 + years. Poll watchers, legal observers, war rooms, ballot tracking, etc.
SCHUMER lays out election security efforts in a new dear colleague letter: - Says Dems will hold a special caucus mtg via zoom w/ Marc Elias this weekend -Election Protection Task Force will monitor reports from Senate election observers on Tuesday -Schumer is setting up a "war room to help coordinate the post-Election Day overarching campaign against Trump’s effort to steal the election" punchbowl.news/dear_colleagu…
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They are going to ignore all of them and just get a presidential pardon on the way out the door.
What happens if the Attorney General or FBI Director ignores a House subpoena? @RepRaskin says a congressional subpoena stands on equal footing with one from a court. He added that leadership is already looking at Congress’ inherent contempt powers for anyone who would “dare to bid defiance to the laws of the country.”
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Just one more thing to add to the chaos and turmoil.
‼️ A COUP IS HAPPENING IN POLAND 🇵🇱 Poland's Constitutional Tribunal is being subjected to an extraordinary takeover operation by pro-EU Prime Minister Donald Tusk. Its official website has been taken over, an announcement has appeared removing its president and vice-president from their duties, and police have been deployed around the institution. The Tribunal's existing leadership has declared the operation illegal and accused those responsible of committing a coup d'état. The Constitutional Tribunal is the institution responsible for reviewing whether laws comply with the Constitution. It is broadly comparable to the constitutional-review function of the United States Supreme Court. Today, its website announced that President Bogdan Święczkowski and Vice-President Bartłomiej Sochański had been suspended for one month. The person now claiming authority over Poland's Constitutional Tribunal is Anna Korwin-Piotrowska, elected to the Tribunal by Donald Tusk's parliamentary majority in March 2026. But there is a fundamental legal problem: she has never taken her judicial oath before the President of Poland, Karol Nawrocki. Under Article 4 of the Act on the Status of Constitutional Tribunal Judges, newly elected judges must take their oath before the President of the Republic. Nawrocki refused to receive her oath. Instead, on April 9, Korwin-Piotrowska participated in an alternative swearing-in ceremony organised inside the Polish Parliament, without the President's presence or participation. The Presidential Chancellery explicitly declared that this procedure had no legal basis and could not confer judicial authority. The existing leadership of the Constitutional Tribunal maintains that she is therefore not legally a judge of the institution. And now, a woman whose authority to serve as a constitutional judge is rejected by the President and the Tribunal's existing leadership is being presented as the person entitled to take control of the entire court. Poland's Constitution does not give the prime minister or his government the power to dismiss the Constitutional Tribunal's leadership. Article 194 establishes the Tribunal's composition and the procedure for appointing its president. Article 195 guarantees the independence of its judges. The announcement of a suspension relies on Article 130 of the law governing ORDINARY COURTS. Invoking this article to suspend the leadership of the Constitutional Tribunal is a legally indefensible distortion of the law, revealing a staggering disregard for elementary constitutional principles. HOW DID POLAND GET HERE? Donald Tusk returned to power in December 2023, promising to reverse the judicial reforms introduced under the conservative Law and Justice government. Those reforms had been fiercely opposed by the European Commission, which initiated rule-of-law proceedings against Poland and linked access to European funding to judicial conditions. Tusk's government subsequently presented Brussels with a programme for restructuring the judiciary, including the Constitutional Tribunal. The European Commission welcomed that programme and ended its Article 7 proceedings against Poland in 2024. The methods used by the EU and its supporters undermine the very constitutional principles they claim to restore. President Karol Nawrocki has reportedly interrupted his journey to Senegal to return to Poland.
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Peter Dugas retweeted
New chart from @Chainalysis shows how the @Binance hacker tried to outrun stablecoin freezes. The attacker sent $500M in stablecoins to a wallet set up to swap them, converting $325M into $285M of ETH, which can't be frozen, over nearly 20 minutes. The other $175M was moved to a fresh address, likely to get ahead of a freeze. It was frozen by the stablecoin issuer anyway. Freezes started less than an hour after funds first left Binance and about $2.8B has been frozen so far, per Chainalysis data.
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I am getting more of a bunker vibe.
Not particularly comforting. Has a bit of a hostage video feel
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True
Greatest crypto trader of all time
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This is some serious research.
I have started getting inquiries re: my recent article about what happened to the lawyers at Dewey & LeBoeuf after its 2012 implosion. I followed every associate, counsel, and partner who worked at the firm for a decade to see how the collapse affected their careers.
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Binance and now Polymarket. The system is not setup to manage all of these cybersecurity threats. JP Morgan is smart to setup the new cyber threat intelligence organization.
We are tracking the Polymarket drainage in real time. Get real time updates on the hacker that is actively pulling millions into fresh wallets. Live Blog and Visualizer link in next tweet 👇
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Peter Dugas retweeted
User funds are safe! It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m). I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.
[🌲] TETHER FREEZES $971M USDT IN LIKELY BINANCE HACK, WITH NO UPDATE FROM BINANCE STILL
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Sounds bad.
🚨 ALERT: Binance allegedly suffered a $2.77 billion hack.
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Peter Dugas retweeted
CBS doing ads for Kalshi as actual news is an absolute low point for American media. And we’ve had some real low points before.
CBS News polling shows 75% of voters feel the Trump administration hasn't put enough focus on lowering prices – one factor driving Democratic leads in some competitive Senate races. Traders on Kalshi, our prediction market sponsor, have Democrats as favorites to win the Senate.
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All great points on AI governance and challenges for control over agents.
the CFTC chair asked yesterday whether we need a new flavor of KYC. his word for it: KYA, know-your-agent. banks spent decades learning to know the customer. now the customer is sometimes software. 3 questions for bank boards:
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Huge. ICE is going to run a regulated exchange on top of Hyperliquid's protocol. This is the right approach––regulate the apps serving U.S. customers, not the protocols underneath. a16zfrontier.com/posts/serie…
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