Where to start with this one. I guess first some background information on one of the biggest frauds of the Dot-Com bubble in Germany: Infomatec.
This was a company that was basically pumping its shareprice with "ad-hoc announcements", meaning literally just lying.
Now, after reading some articles today on Bitfinex's CEO, i thought i'd have a go at trying to find out more about this guy. A quick google came up with a reddit post people probably have seen before, attached below. I've also reattached the linkedin profile that link leads to.
Rather then trying to figure out where the guy is now, i thought maybe his past gives more away. Since there are 3 companies listed aside from Bitfinex, i tried looking for all 3.
The first and third company were a wash. But the second one - Tuxia - gave a hit.
A Trademark.
What is of interest here, is that it lists the party name and address. It's notable that the trademark expired because of lack of response by 2002 - the reason for that will become obvious soon.
What is of interest here, is that it lists the party name and address:
So it turns out the full name is Tuxia Deutschland GmbH (or Tuxia Germany GmbH). And it lists an address.
So i went looking for the adress. A healthcentre pops up:
Now, i haven't called them to ask how long they've been in that building. But, their main site lists that they've been operating since 1998.
I'll make no call on whether or not Tuxia ever actually occupied the building; but with this stuff i'll track down every lead i can.
It's noticeable, atleast.
So i searched on, only this time with the full company name. And here's where the plot thickens.
Because *the first article* that comes up from 2001 is this one:
OH DID THEY NOW?!
I may not have bought/sold a business, but i *do* know you don't do that sight unseen. Even more interesting that the financial details of a deal with a MASSIVE fraud weren't disclosed at the time.
So the search is on!
Now - i did find supposed former employees of this company.
I'm not gonna Dox them - i've got more style then Tether employees - But enough to say i could track one of them down and he's listed as working at Tuxia until 2003.
So i looked at the company strictly. The registrar:
That gives us a timeline. I haven't found articles past that date. i did find more.
And it's in these articles that i find something else interesting. Because it took quite a while before i found out what this company actually did.
Turns out, embedded linux applications.
...But hang on.....
.....Where have i seen that before....
....Oh.
So what he's listed as Co-founder of a company that did business with frauds that was only incorporated for 1.3 years half a world away i hear you say.
That doesn't prove anythi....
....Oh.
So. Maybe the #German regulators wanna have a little chat with the Bitfinex's CEO along with the US. I don't know what the expiry date is for fraud, but i'm pretty sure they'll want atleast an interview.
Oh... And maybe, the #Chinese wanna have a lil chat with him as well:
And a word of warning to future frauds:
It's always the ego that brings you down. Can't help but brag about past achievements.
I don't have to know what Jan (or Jean)'s real name is. All i need to know is what he's done.
Then we find somebody who did the same, name be damned.
I couldn't find a website, or personnel photos. So i'm no closer to finding out "who" he is.
You know why the fucking Greek 10 year is trading 1.4% below the US 10 year? Why the market is *explicitly* saying the US is riskier to lend money to than Greece?
Greek debt-to-gdp in 2023 was *lower* than 2012. Italy is our worst basket case running 6% deficits - still lower.
The UK isn't even lower than 2020, and a full 20% higher than 2012. The United States managed to lower it by 3% vs 2020, but is worse off compared to 2012 at 22.7% higher debt to gdp. And it's higher.
Europe has known, and has experience with, Austerity. That's the difference.
#Bitcoin tagged a $94K handle because the cartel needed some USD. We're sorry for the inconvenience this caused (thanks for the $1B in liquidations though).
The peg was restored and we'll return you to your regular slumber forthwith.
USDT:USD on Kraken can only spike if somebody throws a bunch of dollars at it, which means somebody is buying Tethers with dollars en masse. Not the behavior of somebody trying to rapidly get out of crypto, it'd be the other way around.
And why not buy USDT with BTC directly?
Cause it's all a fraud anyway. Kraken's orderbook until a deep de-peg is only $7 million deep. And USDT/USD is tied for biggest volume on Kraken with BTC/USD. Which has $15M to clean out the book until $500 lower (can't check further). This is all very shallow.
#Tether's done $1.4B in 2 days at 0%, so Saylor had best hurry up if he wants to keep pace with their rate of printing. $3.5B just this week alone. Especially since Tether's still at a high premium so they'll print way more. Infact they're printing hundreds of millions right now.
Jesus christ, calm the fuck down. #Tether's premium's hit $1.0023 on CMC, a full 10x above the minimum arb. Highest price since March atleast (though it's down a bit since i started making the thread).
This happening while Binance does another $2B "chainswap" from TRON to ETH. To be fair, it was done a while after the runup started. Printer's started up on TRON again, including a Bitfinex TRON to ETH chainswap.
Obviously i trust these swaps as far as i can throw them, though i've got no idea what they mean.
If i were to speculate - maybe the cartel is using the Trump pump as cover to ditch Justin Sun. Obviously, Binance is too important to let fail. And Justin is a ticking time bomb.
I don't know who needs to hear this, but the vast majority of USDT holders+USDT on TRON are fake, and i'm tired of pretending they're not. Over the past year, accounts holding USDT on TRON have gone from 26 million to 43.6 million in straight linear fashion. 🧵
How come the transfer accounts and counts stay the same at the same time that number of accounts have nearly doubled; with only a 50% increase at best in transfer amounts?
See the thing that's bothering me is this bar, this bar right here officer👇
Usually, the straight crypto scams have got a large concentration on a few accounts. With Tether, Binance has that concentration as the largest holder, but...