California
Polo G & Trench Baby Arrested After Mansion Raid
No word on what kind of time the two men are facing, but expect Polo and Baby Trench to speak on the situation in their music in the near future.
7-Eleven Workers Violently Stop Thief From Stealing Cigarettes
A 7-Eleven in Stockton, Calif. found itself in news headlines after a video of an botched shoplifting attempt went viral.
For St. Patrick’s Day, Humboldt Family Farms Wants You To Switch Out Drinks For Cannabis
Humboldt Family Farms, one of the top brands cultivating cannabis in California's famed Humboldt County, has a cool St. Patrick's Day idea. The post For St. Patrick’s Day, Humboldt Family Farms Wants You To Switch Out Drinks For Cannabis appeared first on The Latest Hip-Hop News, Music and Media | Hip-Hop Wired.
Ooki DAO misses lawsuit response deadline, default judgment on the cards
The Commodity Futures Trading Commission (CFTC) has begun the process of getting a default judgment in its case against Ooki DAO after the latter missed the deadline to respond to the lawsuit. According to a Jan. 11 court filing, the regulator has requested the court for an “entry of default” against the decentralized autonomous organization (DAO), stating it had missed the deadline to “answer or otherwise defend” as instructed by the summons. If approved, the entry of default will establish Ooki DAO has failed to plead or defend itself in court and will no longer be able to answer or respond to the suit. An “entry of default” is the first step in the process of gaining a default judgment — a ruling handed down by the court when the defe...
California Officially Bans Rap Lyrics From Use In Criminal Cases
HipHopWired Featured Video Source: Anadolu Agency / Getty In a positive move for Hip-Hop, the state of California became the first state to ban the usage of rap lyrics in its criminal cases. Meek Mill, E-40, and others joined the state’s governor to celebrate the signing of the new law. Last Friday (Sept. 30), California Governor Gavin Newsom signed the Decriminalizing Artistic Expression Act into law. The landmark legislation, also known as AB 2799, puts a presumption against using rap lyrics against a defendant in a criminal court case. The exceptions would be if the state could prove that the lyrics were created in close proximity to the time of the crime, contains details of the crime that aren’t publicly available, or bears a high amount of similarity to the crime. The new law al...
California fraud cases highlight the need for a regulatory crackdown on crypto
The California Department of Financial Protection and Innovation (DFPI) announced last month that it had issued desist and refrain orders to 11 entities for violating California securities laws. Some of the highlights included allegations that they offered unqualified securities as well as material misrepresentations and omissions to investors. These violations should remind us that while crypto is a unique and exciting industry for the public at large, it is still an area that is rife with the potential for bad players and fraud. To date, government crypto regulation has been minimal at best, with a distinct lack of action. Whether you are a full-time professional investor or just a casual fan who wants to be involved, you need to be absolutely sure of what you are getting into before get...
California Gov. Newsom vetoes crypto licensing and regulatory framework
Adding to the existing regulatory hurdles for the crypto ecosystems, California Governor Gavin Newsom refused to sign a bill that would establish a licensing and regulatory framework for digital assets. Assembly Bill 2269 sought to allow the issuance of operational licenses for crypto companies in California. On Sept. 1, California State Assembly passed the bill with no opposition from the assembly floor and went on to the governor’s office for approval. Letter of rejection from Gov. Mewsom. Source: leginfo.legislature.ca.gov Opposing the notion, Newsom recommended a “more flexible approach” that would evolve over time while considering the safety of consumers and related costs, adding: “It is premature to lock a licensing structure in statute without considering both this work (...
Is Portola the Best U.S. Electronic Festival Lineup of the Year? The Event’s Creator on a Show Six Years In The Making
This weekend’s debut Portola festival in San Francisco took six years to make happen. Launching tomorrow (September 24) at the city’s Pier 80, the two-day event was conceived by Danny Bell, VP Talent Buyer for AEG Presents in San Francisco, who came up with the concept after a 2016 music-fueled traipse through Europe’s electronic hubs. Bell had just left his job as Talent Buyer for HARD Events in Los Angeles, where he’d worked before after graduating from USC. (“I graduated on a Friday and was full time [at HARD] on a Monday,” he says.) With eight months off before he was due to start his new gig at AEG, he wanted to take the type of extended Euro trip many embark on after college. Explore See latest videos, charts and news See latest videos, charts and news “Lucky for me, I was 27 and I h...
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California May Be First State to Ban Use of Rap Lyrics in Court
HipHopWired Featured Video Source: Fulton County PD / Fulton County Sheriff’s Department A bill introduced earlier this year by South Los Angeles Assemblyman Reginald Jones-Sawyer may soon be signed into law in California. The bill would restrict the use of rap lyrics and other creative works as evidence in criminal proceedings. The bill has already passed both the State Senate and State Assembly. It will soon progress to the desk of Gov. Gavin Newsom for his signature, according to The New York Times. The bill is specific to the state, but follows a national bill called the RAP Act introduced in Congress by two Black democratic congressmen, Hank Johnson of Georgia and Jamaal Bowman of New York. It also follows the indictment of Atlanta rappers Young Thug and Gunna on gang-related RI...
California again allows crypto contributions to state, local political campaigns
Candidates for state and local offices in California will once again be allowed to accept donations in cryptocurrency after a ban was lifted by the state’s Fair Political Practices Commission (FPPC) on Thursday. The ban was imposed in 2018. California was one of nine states that had banned political contributions in crypto due to perceived transparency and Know Your Customer (KYC) issues. The question of contributions in crypto was revived in March when the commission issued an opinion on the sale of nonfungible tokens (NFTs) for campaign fundraising. In May, a report was prepared by the FPPC that examined three options for its crypto policy. Those were to maintain the ban or treat crypto like cash, with a $100 contribution cap, as is done in several states. The third option was to t...
California regulator will revisit long-running ban on crypto donations on May 19
A California state regulator may be looking at overturning a ban on cryptocurrency donations to political campaigns which has been in effect since 2018. According to its May 2022 agenda, California’s Fair Political Practices Commission, or FPPC, has scheduled a “pre-notice discussion” on Thursday on the use of cryptocurrencies f campaign contributions in the state. The commission said it will be considering drafting amendments to its regulations requiring that “no contribution may be made or received in cryptocurrency.” In September 2018, the FPPC voted to ban both sending and receiving crypto contributions for political campaigns in the state of California, due to concerns the donations “might be utilized to circumvent contribution limits and prohibitions, or by foreign entities to ...
