Last mentioned: 2d ago
Campaign Suspension Announced
Platner releases a video denying the allegations and announcing the suspension of his Senate campaign, stating 'it can't be me' for the movement to continue.
Politico Report Published
Politico publishes allegations by Jenny Racicot that Graham Platner sexually assaulted her five years ago.
Democrats Demand Withdrawal
Within hours, prominent Democrats—Schumer, Gillibrand, Markey, Sanders, Warren, Gallego, Khanna, and Pingree—call on Platner to drop out of the race.
Fresh out of Stanford, Theodore Gillibrand landed a $30M seed round from Lux Capital for APEC, a derivatives exchange aiming to list perpetual futures. The 22-year-old's political lineage adds intrigue, but the startup story is about a bold bet on regulated financial infrastructure.
Theodore Gillibrand's APEC, with $30M in funding and a $300M valuation, is seeking SEC and CFTC approval to offer perpetual futures on equities—raising conflict-of-interest questions given his mother's role in digital asset legislation.
APEC's $30M round, led by Lux Capital, aims to establish a regulated market for equity perpetual futures—a product that has generated billions in trading volume on unregulated crypto exchanges. The move could reshape derivatives trading if regulators approve.
Perpetual futures, a crypto-native invention, are moving from offshore exchanges to a regulated US platform. Theodore Gillibrand's APEC just raised $30M at a $300M valuation to list equity perps, potentially bridging crypto and TradFi.
Graham Platner’s withdrawal from Maine’s high-stakes Senate race within 48 hours of a sexual assault allegation raises critical legal questions about due process, the presumption of innocence, and the influence of public pressure on political candidacy. The case highlights the tension between immediate party discipline and the need for formal investigation before career-ending consequences.