Discover and read the best of Twitter Threads about #deltec
Most recents (11)
"...a few months ago [Marc Cohodes] went to the Bloomberg crypto team with all the information he had about Silver Gate and FTX, and the fact that there was something very wrong here...[Marc said] you should ask Sam these questions."
$SI #FTX
- @MikeBurgersburg with @ttmygh
$SI #FTX
- @MikeBurgersburg with @ttmygh
@MikeBurgersburg @ttmygh And their response was... (paraphrased)
Bloomberg Crypto: 𝙔𝙤𝙪 should ask Sam these questions.
Marc Cohodes: Why aren’t 𝙮𝙤𝙪 asking him these questions?
Bloomberg Crypto: Well, if we ask those questions, he won’t talk to us anymore.
#FTX cc @AlderLaneEggs
Bloomberg Crypto: 𝙔𝙤𝙪 should ask Sam these questions.
Marc Cohodes: Why aren’t 𝙮𝙤𝙪 asking him these questions?
Bloomberg Crypto: Well, if we ask those questions, he won’t talk to us anymore.
#FTX cc @AlderLaneEggs
"And you think about how perverse that is. I always assume journalists were out there trying to catch the bad guys, expose people and become famous themselves by doing that, but in reality, that’s not how it works at all."
- James Block
- James Block
@CasPiancey Mate that's so cool you think this. It means alot.
@CasPiancey Just a couple more thoughts on the interview.
@CasPiancey Full disclosure I didn't listen to the entire interview. I listened to the first part...running out of time so fast forwarded to Cas and got so annoyed I couldn't listen to the rest. I did think the host was pretty good and I will go back and listen to the full interview soonish.
As @WatcherGuru muted my tweets. Here again without any censorship. 🤡
#MoonstoneBank #Farmington #FTX #Alameda #Tether #Deltec #crypto #SIG
#MoonstoneBank #Farmington #FTX #Alameda #Tether #Deltec #crypto #SIG
Interesting. SIG invested in #Voyager, bankrupt. SIG invested in #BlockFi, bankrupt.
inflation.us/content/susque…
Why does that matters? Where is the connection?
Jean Chalopin is the connection. Who is that? Chairman of Deltec Bank Bahamas (banking provider of Tether and FTX). /1
inflation.us/content/susque…
Why does that matters? Where is the connection?
Jean Chalopin is the connection. Who is that? Chairman of Deltec Bank Bahamas (banking provider of Tether and FTX). /1
Jean Chalopin was director of SIG Investment II Limited SIG Investment I Limited
offshoreleaks.icij.org/nodes/152449
But Jean is also former CEO (2020) and current director of FTX Farmington State Bank or Moonstone Bank. The bank with few staff but with a huge vision. 🤡 /2
offshoreleaks.icij.org/nodes/152449
But Jean is also former CEO (2020) and current director of FTX Farmington State Bank or Moonstone Bank. The bank with few staff but with a huge vision. 🤡 /2
So there's quite a bit of speculation around how #Chalopin of #deltec was able to acquire a tiny rural bank. Chalopin jnr interview by @protos described it as an "extremely lucky find" but they didn't find it by driving through the backroads of the rural America
there was no need to wrestle control from local shareholders....or negotiating price over a couple Maryland rum's in jam jars. The bank had long gone offshore
Back in 1994, Farmingtngton Bancorp was acquired by Farmington Finance Corp Tortola, British Virgin Islands. At that time it had a whopping $1.8m in deposits
Don’t forget that #tether invested in #celsiusnetwork
Celsius banked with #deltec and cashed out #ftx for $150m just before the ship went down.
Celsius banked with #deltec and cashed out #ftx for $150m just before the ship went down.
My filing system is shite....and I can find stuff all when I search on twitter but I knew somewhere I had covered #deltec and dodgy money flowing into tiny #communitybanks
got literally 2 retweet and 1 like at the time.....it didn't even get called #FUD
maybe now it will get a little more interest.
maybe now it will get a little more interest.
oh helps if i attach something. #deltec facilitates $5m transfer into tiny community bank in 2017
#Tether - Let's take a look at the team that created USDT and their strange connections - #illegal ones. 🧐
➡️ NYAG INVESTIGATION
➡️ Origin, core-team and shady connections/frauds
This is a continuation of the last thread, which you can find below ⬇️
THREAD 🧵🐋
➡️ NYAG INVESTIGATION
➡️ Origin, core-team and shady connections/frauds
This is a continuation of the last thread, which you can find below ⬇️
THREAD 🧵🐋
[2/x] CHAPTER ONE - #NYAG INVESTIGATION - In the Bitfinex and Tether fraud case
Tether claimed at the outset that it would cooperate with the NYAG, after which it obstructed the handing over of relevant documents and prolonged the process.
Tether claimed at the outset that it would cooperate with the NYAG, after which it obstructed the handing over of relevant documents and prolonged the process.
@RealWillyBot @jimcramer While its great to see #MSM's epiphany (albeit 3 years late) that #tether might be #dodgy. perplexing that #tether is still being discussed as if its a potential risk vs a flat out fraud. Not only is it obvious that tether are NOT the 7th largest holder of commercial paper.
@RealWillyBot @jimcramer While commercial paper is s Trillion$ market its long been in decline, average term is 270 days and almost always rolled over (and if its not most likely refinanced for cheaper longer term debt - hence the decline)
@RealWillyBot @jimcramer So lets assume $1T market is declining 10%pa, 270 day term, 90% rolled over. max deals that could be financed by new entrant ~$7.5B pm....($90B pa).
1/ I love learning about the markets. There are some brilliant people I’ve found on Twitter who have provided great insights (among others):
@JeffSnider_AIP
@LynAldenContact
@LukeGromen
But this thread is (mostly) about @profplum99
👇👇👇👇👇
@JeffSnider_AIP
@LynAldenContact
@LukeGromen
But this thread is (mostly) about @profplum99
👇👇👇👇👇
2/ Mike has an encyclopedic knowledge of market history. This interview by @DiMartinoBooth (who I also have a lot of respect for) puts that on clear display.
Mike’s explanation of passive investing and its effects on the markets was eye-opening.
Mike’s explanation of passive investing and its effects on the markets was eye-opening.
3/ According to research conducted by Anadu et al for the Federal Reserve Bank of Boston, passive funds made up 48% of US equity assets under management in March 2020. That number was just 14% in 2005. Meaning 8.6% annualized growth over 15 years.
bostonfed.org/-/media/Docume…
bostonfed.org/-/media/Docume…
@MICKYNewsOz @SharTushy @Bitfinexed @bitfinex @Silver_Watchdog You don't need someone to buy tether. You just need someone willing to lend against it. Here's a lazy 98m doing just that.
@MICKYNewsOz @SharTushy @Bitfinexed @bitfinex @Silver_Watchdog When tether first moved to #deltec i mapped out a 'fully backed'hypothesis using security lending docs, at call loan notes (to mimic cash equivalents); #cryptocapital now infamous virtual bank and pretend cash account ledger changes.
@MICKYNewsOz @SharTushy @Bitfinexed @bitfinex @Silver_Watchdog This little round robin allowed Deltec to publish the very wishy washy statement that the 'cash value" of Tether's account was $1.8b.......b for bullshit.
A quick sort of the #FinCEN #MSB registrations shows that only 3 companies registered #wyoming as the only US state they operate. #tether #BFXNA (ifinex) and #blockmason link to complete list bit.ly/2Vc25uy
None are actually registered in Wyoming check here wyomingbankingdivision.wyo.gov/home/areas-of-… but they technically don't have to thanks to the 7Mar2018 HB0019, House Bill 19 Wyoming Money Transmitter Act-virtual currency exemption. moneytransmitterlaw.com/state-laws/wyo…
