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cryptodailysun · 2 years

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Kraken CEO Jesse Powell announced that he has made the decision to close Kraken’s global headquarters in San Francisco. The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO Jesse Powell retweeted an announcement stating that the exchange will close its global headquarters at 548 Market Street, in the center of San Francisco. In the statement, a copy of which was initially tweeted by San Francisco-based political commentator Richie Greenberg, Powell states: “We shut down Kraken’s global headquarters on Market Street in San Francisco after numerous employees were attacked, harassed and robbed on their way to and from the office.”Cointelegraph reached out to the Kraken team for comment and will update if and whe they reply. A poor advertisement for living in California’s financial center, the statement also alleges that “San Francisco is not safe” and crime is “dramatically underreported.” BREAKING: KRAKEN CEO Jesse Powell @jespow today issued a statement regarding rampant crime in San Francisco and the failures of DA @chesaboudin . pic.twitter.com/7gx7PldQM0— Richie Greenberg (@richieSF2016) April 7, 2022 Coinbase, another U.S.-based cryptocurrency exchange, will also close its San Francisco headquarters in 2022; however, no mention of crime or homelessness was cited regarding the decision. Instead, Coinbase is following the lead of its competitor Binance to become a fully remote, global company. The Twitter community was quick to respond to the Kraken news, sharing dark anecdotes of working in San Francisco. I worked at Market St for few months, it is crazy, it turns into skid row after 6pm. I'm from Europe and never seen anything like it. Still have flashbacks of the things I witnessed. Just tried to look away and not get stabbed. Remember walking in the smell of skunk and pee.— Markus (@markustallinn) April 7, 2022 The living situation has allegedly become so dire that there are applications that track human waste around San Francisco, with “Snap Crap” among the most popular. The apps help San Franciscans navigate the city without putting their foot in it. A San Francisco poop map. Source: ARCgisComments from the Twitter and Reddit community shed light on how soaring rental prices have made homelessness more common, while crime is “rampant.” The average rent is now roughly $3,000 per month, and the San Francisco Chronicle has estimated that there are more than 18,000 people experiencing homelessness in the city. Related: Bolt to enable Bitcoin and NFT access via Wyre acquisitionA report in 2020 revealed that San Francisco and the surrounding Bay Area boasted the highest concentrations of crypto investments. In light of Kraken’s decision and the social crises in San Francisco, the region’s hold on crypto and the future of finance may falter. Other U.S. cities and states have made clear their intentions to attract crypto capital. Texas, for example, hosts pro-Bitcoin (BTC) Senator Ted Cruz, while Web3 and crypto payments have been lauded by the mayor of Austin. Go to Source

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vlemx · 3 years

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#Repost @bett_yu @download.ins --- CA RETAIL THEFT CRACKDOWN This is just one example of the kind of brazen theft that is forcing many major retailers to close permanently. This video was given to me by a follower at Walgreens near Divisadero in San Francisco this month. Gov. Gavin Newsom alongside @sfpdofficial Chief Bill Scott announced an aggressive enforcement plan Wednesday targeting a stunning surge in retail thefts by organized gangs. The new legislation Newsom signed — AB 331, introduced by Southern California Assemblymember Jones Sawyer — is aimed at combating crime and reducing retail theft across California, in part by reinstating a task force focused on investigating organized theft rings as well as expanding the CHP’s retail crime force. The new law guarantees more law enforcement to go after fencing operations that hire low-level “boosters” who steal bags of merchandise at a time. According to the California Retailer’s Association, Los Angeles, San Francisco and Sacramento rank among the top 10 cities in the country when it comes to organized retail crime. Walgreens has closed several San Francisco stores and Target has cut back operating hours at its stores in the city because of rampant incidents of shoplifting and theft. @kpixtv @chesaboudin @londonbreed @gavinnewsom #sanfrancisco #retail #bayarea #la #sfpd https://www.instagram.com/p/CR1bIH_nwXV/?utm_medium=tumblr

#repost #sanfrancisco #retail #bayarea #la #sfpd

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armeniaitn · 4 years

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San Francisco District Attorney outraged by Armenian Church arson

New Post has been published on https://armenia.in-the.news/society/san-francisco-district-attorney-outraged-by-armenian-church-arson-59166-17-09-2020/

San Francisco District Attorney outraged by Armenian Church arson

District Attorney of San Francisco Chesa Boudin has expressed outrage at the arson at Armenian Church.

“The Armenian community of San Francisco woke up today to an arson at their church. There is no room for this cowardly, hateful, criminal conduct in San Francisco. We stand with the Armenian community against hate,” Mr. Boudin said in a Twitter post.

This is an outrage.

The Armenian community of San Francisco woke up today to an arson at their church.

There is no room for this cowardly, hateful, criminal conduct in San Francisco. We stand with the Armenian community against hate!https://t.co/ucGAHFLwGW

— Chesa Boudin 博徹思 (@chesaboudin) September 17, 2020

A building next to an Armenian church in San Francisco’s Laurel Heights burned down overnight Thursday.

Dispatchers received reports around 4 a.m. of a fire at the building next to the St. Gregory Armenian Apostolic Church. Fire crews arrived on scene not long after and managed to prevent it from spreading to the church, but the building was destroyed.

“The San Francisco Fire Department responded immediately, however, the building has suffered a great loss,” V. Rev. Fr. Smpad Saboundjian and church chairman Rostom Aintablian wrote in a message to parishioners.

Alex Bastian, deputy chief of staff for the San Francisco District Attorney’s Office, posted photos of the fire’s destruction on Twitter, stating he was troubled that someone would burn down the church he was baptized in.

“For some context, in our history and around the globe, every time Armenians have been targeted, they come for our churches and our schools,” Bastian tweeted.

It’s troubling that someone would actively commit an arson at a church, a church that I was baptized in, as were many others from our community. This crime follows the hate crime vandalism that occurred at our school a few months back.

— Alex Bastian (@AlexBastianSF) September 17, 2020

“But you know what? It’s very hard to terrorize my community, no matter how hard people try. We are hardened by the millennia of hardship and the centuries of injustice. Most of us in the community, are refugees, or the children of refugees, from war zones around the world.”

“So here is another message to the perpetrators of this cowardly act, we will not be terrorized, bullied or intimidated,” Bastian wrote.

The incident comes less than two months after pro-Azerbaijan vandals attacked San Francisco’s Krouzian Zekarian Vasbouragan Armenian School.

Read original article here.

#Armenians #Society

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paulbenedictblog · 5 years

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%news%

New Post has been published on %http://paulbenedictsgeneralstore.com%

News Progressive lawyer wins San Francisco district attorney race, continuing national reform trend - Washington Post

News

After four days of pollcounting, a revolutionary attorney who vowed to confront police misconduct and mass incarceration received a heated bustle to become San Francisco’s subsequent district attorney, defeating the city’s top prosecutor in a serious victory for criminal justice reformers nationwide.

Chesa Boudin, a ragged deputy public defender who entered the bustle as an underdog, declared victory Saturday night time following a concession from intervening time district attorney Suzy Loftus, who had spacious backing from California’s Democratic institution.

All week long the election remained too shut to call, and as of Friday Boudin led by much less than 160 votes. But after tallying one other batch of ballots Saturday afternoon, election officers acknowledged he had pulled additional ahead, with 85,950 votes to Loftus’s 83,511. With pleasing 1,200 votes left to depend, Loftus conceded.

The pinnacle consequence adds Boudin to a rising list of revolutionary candidates around the nation who possess received district attorney races by pushing sweeping criminal justice reforms as adversarial to stressing legislation-and-narrate bona fides.

“After we started this marketing campaign, we believed that the people of San Francisco mandatory a determined imaginative and prescient of justice,” Boudin told The Washington Post.

“We were honest,” he acknowledged. “In voting for this marketing campaign, the residents of San Francisco possess demanded radical switch and rejected calls to switch serve to the tricky-on-crime era that did now not plan us safer and destroyed the lives of thousands of San Franciscans.”

Loftus congratulated Boudin in a tweet Saturday night time. “We ran a immense bustle, stayed definite and envisioned a city that is extra safe and no more divided,” she acknowledged. “I didn’t fetch the bustle — nonetheless we received the motivate of so many San Franciscans who are tense that our city work extra successfully collectively to plan safety.”

Boudin’s victory shows a nationwide shift in public attitudes a long way flung from jailing and imprisoning offenders and in direction of rehabilitating them. Within the past three years, voters in Chicago, Boston, Philadelphia and other excellent cities possess elected reform-minded prosecutors who constructed their campaigns around points akin to ending racial disparities in sentencing, reducing penal advanced populations and declining to pursue nonviolent drug cases. On the same time, reform proposals possess won bipartisan motivate in Congress, which passed a landmark penal advanced reform invoice, the First Step Act, in leisurely 2018.

Sen. Bernie Sanders (D-Vt.), who has made an overhaul of the justice system a cornerstone of his marketing campaign for president, modified into amongst Boudin’s absolute best-profile supporters. “Now is the moment to fundamentally become our racist and damaged criminal justice system by ending mass incarceration, the failed battle on treatment and the criminalization of poverty," Sanders tweeted Saturday. "Congratulations @chesaboudin in your historic victory!”

The bustle for San Francisco’s district attorney kicked off in drop 2018 when then-district attorney George Gascón, himself a revolutionary, launched he wouldn’t leer reelection. His departure lead the model for the city’s first district attorney bustle in a century with out a incumbent.

As now not too long previously as about a years previously, Loftus could perchance were a shoo-in for the job. Many of the grunt’s absolute best-rating Democrats lined up leisurely her, with endorsements coming from San Francisco Mayor London Breed, California Gov. Gavin Newsom and Sens. Kamala D. Harris (D-Calif.) and Dianne Feinstein (D-Calif.).

Loftus, who beforehand headed the San Francisco Police Rate, additionally received motivate from legislation enforcement leaders, including the city’s ragged police chief. Boudin, alternatively, faced a barrage of criticism from legislation enforcement, including the police union, which spent a total bunch of thousands of bucks on television adverts opposing him.

Lower than three weeks from Election Day, Loftus purchased one other increase when Gascón all of a sudden left keep of enterprise to plug for district attorney in Los Angeles. Internal hours, the mayor appointed Loftus as intervening time district attorney, prompting frequent accusations that she modified into throwing the bustle in Loftus’s favor.

But Boudin modified into elevated nationally by the wave of passion in electing a brand original breed of prosecutor. Apart from to Sanders’s endorsement, he obtained backing from Kim Foxx in Chicago, Rachael Rollins in Boston and Larry Krasner in Philadelphia, all of whom had now not too long previously received district attorney elections by working on police accountability and whose campaigns offered one thing of a blueprint for his have. Murky Lives Matter co-founders and the racial justice activist Shaun King threw their weight leisurely him as neatly.

Boudin, a ragged Rhodes pupil with a legislation level from Yale, additionally had an exceptional household story that captured voters’ attention. His oldsters were contributors of the contemporary left-hover neighborhood the Weather Underground and were imprisoned when he modified into a miniature one for his or her role in an armed heist that left three males needless. His mom served 22 years, and his father could utilize the relaxation of his lifestyles in penal advanced. Rising up with incarcerated oldsters galvanized his passion for criminal justice reform, he acknowledged.

Under San Francisco’s ranked-preference voting system, Boudin competed in opposition to three other candidates, including Loftus. All of them proposed adjustments to the criminal justice system, nonetheless specialists acknowledged Boudin offered the most aggressive departure from the realm quo. By drop, he had taken the lead in fundraising.

When he assumes keep of enterprise, Boudin must navigate an already traumatic relationship with police, whose union blasted him during the marketing campaign as “the #1 assortment of criminals and gang contributors,” in preserving with the San Francisco Sage. Boudin additionally reportedly came under fire from police in the course of his election safe collectively when a revolutionary city supervisor led a chant of “F— the POA,” regarding the union.

Reacting to his fetch on Saturday, Boudin acknowledged he would “work to be sure that San Francisco treats each person with the human dignity that we all deserve.”

“There is probably no justice when we plan the most of penal advanced and penal advanced as the resolution to all of our issues,” he acknowledged. “We must think otherwise.”

Deanna Paul contributed to this document.

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socialsf · 5 years

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#VoteNov5th @chesaboudin for #DistrictAttorney #EveryVoteCounts #SanFrancisco #Vote #Chesa #1stChoice #SFElections #KnowYourCandidate (at San Francisco, California) https://www.instagram.com/p/B4eTTfYnMG3/?igshid=dth850z5zqgl

#votenov5th #districtattorney #everyvotecounts #sanfrancisco #vote #chesa #1stchoice #sfelections #knowyourcandidate

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cryptodailysun · 2 years

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In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO, Jesse Powell retweeted that Kraken will close its global headquarters on 548 Market Street, in the center of San Francisco. In the retweet shared by a San Francisco-based political commentator, Richie Greenberg, the decision cites that: “We shut down Kraken’s global headquarters on Market Street in San Francisco after numerous employees were attacked, harassed and robbed on their way to and from the office.”Cointelegraph reached out to the Kraken team for comment and will update if and when they reply. A poor advertisement for living in California’s financial center, the tweet also states that “San Francisco is not safe,” and crime is “dramatically underreported.” BREAKING: KRAKEN CEO Jesse Powell @jespow today issued a statement regarding rampant crime in San Francisco and the failures of DA @chesaboudin . pic.twitter.com/7gx7PldQM0— Richie Greenberg (@richieSF2016) April 7, 2022 U.S.-based cryptocurrency exchange Coinbase will also close its San Francisco headquarters in 2022, however, no mention of crime or homelessness was made. Instead, Coinbase followed the lead of its competitor Binance in becoming a fully remote, global company. The Twitter community was quick to respond to the Kraken news, sharing dark anecdotes of working in San Francisco. I worked at Market St for few months, it is crazy, it turns into skid row after 6pm. I'm from Europe and never seen anything like it. Still have flashbacks of the things I witnessed. Just tried to look away and not get stabbed. Remember walking in the smell of skunk and pee.— Markus (@markustallinn) April 7, 2022 The living situation is so dire that rhere are applications that track human waste around San Francisco, Snap Crap is among the most A report in 2020 revealed that San Francisco and the surrounding zone, the Bay Area, boasted the highest concentrations of crypto investments. In light of Kraken’s decision, and the social crises in San Francisco, the hold on crypto and the future of finance may falter. Other US cities and states have made clear their intentions to attract crypto capital: Texas, for example, hosts pro-Bitcoin Senator Ted Cruz, (BTC) while Web3 and crypto payments have been lauded by the mayor of Austin. Go to Source

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brajeshupadhyay · 4 years

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Michael Hiltzik: Uber, Lyft face a gig labor law reckoning

If there were any doubt that California Atty. Gen. Xavier Becerra and his fellow regulators were getting fed up with the continued flouting by Uber and Lyft of the state’s new gig worker law, it was dispelled by their recent legal motion to force the companies into compliance.

In their June 24 filing, Becerra and the city attorneys of Los Angeles, San Diego and San Francisco asked a state judge in San Francisco to issue a preliminary injunction ordering the companies to immediately classify their drivers as employees rather than independent contractors.

That’s what’s required by the state’s gig worker law, known as AB 5. “It’s time for Uber and Lyft to own up to their responsibilities and the people who make them successful: their workers,” Becerra said the day the motion was filed.

After eight years of looking the other way, California officials are finally enforcing the rule of law against these so-called gig companies.

Veena Dubal, UC Hastings School of Law

It should surprise no one that Uber, Lyft and other gig economy companies see it differently and are girding for a fight — including a multimillion-dollar ballot initiative campaign — in which their survival may be at stake.

Designated as independent contractors, drivers are unprotected by minimum wage and overtime rules, receive no workers’ compensation or unemployment insurance benefits, and have to pay for their own gas, insurance, vehicle maintenance and Social Security taxes. They have no right to join or organize into a union.

The dodge of designating employees as independent contractors isn’t new. It was born in the notoriously anti-labor Taft-Hartley amendments of 1947, which first carved out the exception.

But it has become common in an entrepreneurial economy in which high start-up costs prompt business owners to search out savings in a marketplace in which “employment taxes and other workplace liabilities appear to be low-hanging fruit,” as Elizabeth J. Kennedy of Loyola University in Maryland has observed.

Uber, Lyft and other gig economy companies have exploited America’s lax workplace regulations to build businesses addicted to forcing the cost of business onto the shoulders of essential workers.

Even so, it’s unclear that their exploitation of workers has yielded a sustainable business model. Uber and Lyft acknowledge in financial disclosures that they might never become profitable under current circumstances and that things would become worse if they had to classify their drivers as employees. (Uber has lost $15.7 billion and Lyft $4.2 billion in the last three calendar years.)

Becerra’s action — the latest chess move in a lawsuit he originally filed May 22 — is just one of several prongs California officials have aimed against gig employers over alleged misclassification of employees in recent weeks. San Francisco Dist. Atty. Chesa Boudin sued the delivery service DoorDash on June 16 for classifying its delivery workers as independent contractors.

One week earlier, the California Public Utilities Commission, which had carved out a special regulatory designation for “transportation network companies,” informed the companies that as of last Jan. 1 their drivers “are presumed to be employees” and advised that the law requires them to provide the drivers with workers compensation benefits starting July 1.

Today my office initiated a lawsuit against @doordash for illegally misclassifying employees as independent contractors.

“I assure you this is just the first step among many to fight for worker safety and equal enforcement of the law”#PromisesKept

https://t.co/srO3agGWTa

— Chesa Boudin 博徹思 (@chesaboudin) June 16, 2020

Becerra’s action has been lauded as an overdue initiative to protect workers’ rights.

“After eight years of looking the other way, California officials are finally enforcing the rule of law against these so-called gig companies,” Veena Dubal, a labor law expert at UC’s Hastings School of Law, told me. “Because regulators chose not to enforce existing labor laws against the companies, they were allowed to grow precarious work — not just in this state, but all over the world.”

This isn’t a one-sided battle. The companies are fighting Becerra’s lawsuit and, perhaps more consequentially, have placed a measure on the November ballot to overturn AB 5.

Their measure, which will appear as Proposition 22, would effectively designate app-based drivers such as those working for Uber and Lyft permanently as independent contractors and forbid the state or localities to enact ordinances to treat them as employees.

The companies have provided the initiative campaign with a war chest of $110 million so far — $30 million each from Uber, Lyft and DoorDash and $10 million each from Postmates and Instacart, two other delivery services. So it behooves us to take a closer look at the measure.

Proposition 22 attempts to establish a new workplace model — a hybrid of the independent contractor and employment models.

The companies say it would preserve the “flexibility” to set one’s own work days and hours they say is valued by drivers who wish to work around school, caregiving and other work, while guaranteeing minimum pay and access to health coverage.

The measure would guarantee drivers earnings of at least 120% of prevailing hourly minimum wages, a subsidy for health coverage and protection against arbitrary firing.

The companies maintain that the vast majority of their drivers favor remaining independent contractors. Yet that’s misleading because drivers fall into two discrete camps. One is composed of true part-timers who record minimal hours, often abandon the work entirely after a few months, and appreciated the vaunted flexibility. The other is full-time drivers who may be spending 40 to 50 hours a week on the road.

Some 70% to 80% of drivers may drive 20 hours a week or less, says Harry Campbell, a former driver for Uber and Lyft who now runs therideshareguy blog, an information service for drivers. Full-timers, while less numerous, account for more than 50% of the hours worked through the companies’ app.

“For a majority of the drivers this isn’t a full-time income, so it shouldn’t be shocking that they want to stay independent contractors,” Campbell says. “But the drivers working 40 to 50 hours a week are basically working like employees without any of the benefits or protections. They’re the ones spearheading the effort to hold the companies accountable to treat drivers like employees.”

And they’re the drivers who would bear the brunt of the changes wrought by Proposition 22. Campbell says, however, that when even part-timers become educated about what AB 5 would do for them and that the law wouldn’t prevent the companies from allowing them some of the flexibility they crave, “some of them change their opinion of the law.”

There can be no doubt that the principal beneficiaries of Proposition 22 would be the companies themselves. If they were forced to classify their drivers as employees, according to the state’s nonpartisan Legislative Analyst’s Office, the resulting higher costs would “decrease these companies’ long-term profitability, which could reduce these companies’ stock market values and stock prices.”

The measure would impose some new costs on the companies, but those costs would probably be “minor,” the Legislative Analyst’s Office reckons.

Indeed, the compensation and benefits the companies would pay under Proposition 22 would fall far short of the costs their drivers must shoulder. The UC Berkeley Labor Center estimated in October that 120% of the California hourly minimum wage of $13 in 2021, or $15.60, would effectively shrink to $5.64 an hour because of provisions in the initiative.

For example, drivers would be paid only for “engaged” time, from when they are en route to pick up a passenger or delivery to when they drop off the rider or package, not for waiting time between assignments. That constitutes as much a one-third of their work time, Berkeley estimated, reducing the $15.60 to only $10.45.

Some drivers would gain from a stipend of up to about $367 a month for health insurance, which could be applied to Affordable Care Act plans from Covered California or other plans. But that would be granted only to drivers averaging 25 engaged hours a week or more. Those with 15 to 25 hours would receive half as much, and those with fewer than 15 hours would receive nothing.

“The vast majority of drivers would not qualify” for the benefit, Berkeley says.

Uber and Lyft have chosen to emphasize the purported consequences of enforcing AB 5, rather than the plain facts of their labor relationships. They , paint a picture of an army of disenfranchised drivers cast aside and unable to ply their trade.

They even hint that AB 5 could put them out of business entirely. Stacey Wells, a spokeswoman for the Proposition 22 campaign, said that if the initiative fails the companies might have to pare their driver ranks, which number as many as 400,000 in California, by as much as 90% to accommodate the added costs of treating drivers as employees.

Yet by any reasonable definition, the companies’ drivers are employees. According to rules set down by the California Supreme Court in a 2018 decision and codified in AB 5, businesses must consider workers employees unless they can meet a three-part test showing that the workers are free from the control and direction of the hiring business, that they’re performing work outside the normal course of the hirer’s business, and they customarily work independently in the same trade or occupation as the work they’re doing.

UC Berkeley calculates that hidden costs would reduce the minimum earnings guaranteed drivers by Uber and Lyft in Proposition 22 by nearly two-thirds.

(UC Berkeley Labor Center)

Becerra maintains that Uber and Lyft can’t meet any of those elements. The drivers are engaged in the companies’ main business of transportation; their compensation is set by the companies, which can change it unilaterally; their performance is monitored by the companies; with the exception of the choice of the hours they wish to drive, all other terms and conditions of their work are set by the companies.

Uber and Lyft have maintained from the start that they’re exempt from AB 5 because they’re not really transportation companies, merely purveyors of the software that drivers and passengers use to arrange rides.

Some courts have dismissed that argument out of hand — “Uber simply would not be a viable business entity without its drivers,” U.S. District Judge Edward M. Chen of San Francisco declared in 2015.

Over the next few months, as the state lawsuit progresses through the courts and election day draws nigh, the survival of the gig companies’ business model will be put to the test. It should not be overlooked how much that model depends on exploiting workers.

“The initiative would codify terrifyingly low labor standards into law,” Dubal says, “undoing over a century of norms around a living wage and safety net protections for workers.”

That’s true. The power of workers to ensure decent working conditions has been on the decline in America for more than half a century. Proposition 22 would hasten the slide.

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