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Venture capitalist Joe Lonsdale, who co-founded Palantir Technologies and is a Trump supporter, said on X: “It’s wrong to steal my money for grift on the left; it’s also wrong to tax me for crypto bro schemes.”

One of the institute’s “partners” is the University of Austin, the “anti-woke” startup Texas school co-founded by Bari Weiss and Thiel mentee Joe Lonsdale.

The foundation, Steadfast LA, already has a roster of industry-leading names who have signed on: Andy Cohen, co-chair of architecture and design powerhouse Gensler; Carey Smith, president and chief executive of infrastructure engineering giant Parsons; Netflix CEO Ted Sarandos and his wife, former Ambassador Nicole Avant; Palantir co-founder Joe Lonsdale; and executives from banking, insurance, real estate and private equity.

Herbert, of Lonsdale Road in Notting Hill, London, pleaded guilty in May to two charges relating to the importation and supply of cannabis.

The Cicero Institute, a right-wing think tank founded by tech billionaire Joe Lonsdale, has guided states like Georgia to develop a conservative homelessness policy whose central points include statewide camping bans and a rejection of Housing First.