🧵#Coinflex situation getting... weird. see @DougPolkVids tweet.

telegram groups have gone berzerk.
- wallet phishin bot takeovers
- 1000s of banned users
-pinned msgs about being hacked

see reddit link for details.
🧵👇for more

@CoinFLEXdotcom / @CoinFLEX_US #MarkDavidLamb
@DougPolkVids @CoinFLEXdotcom @CoinFLEX_US #CoinFLEX_US telegram (VIDEO)
(only #CoinFLEX telegram that's not a bot warzone)

(6/10) 0:00 @DougPolkVids in chat
(6/13) 0:17 Coinflex 6th biggest CEX by volume?!?
- 0:28 withdrawal issue earlier than known
(6/14) 0:41 Market makers vanish
(6/15) 1:36 $USDC liq pool issues
- Non US #CoinFlex / CoinFLEXdotcom telegram pinned msg: ⚠️SCAMS⚠️
- MarkLamb (?) in weird "coiinflex" grp (May)
- so many deleted users in official channel
- wallet hacking spambots ImageImageImageImage
More of CoinFLEX_US telegram channel the only one with humans... confused and abandoned humans. #CoinFLEX responses are weird until they seem to vanish. @CoinFLEXdotcom
@CoinFLEXdotcom withdrawals halted; mods (maybe #CoinFLEX employees?) deleting messages, $USDC liquidity pool issues (tied to $FLEX, maybe?) ImageImageImage
@CoinFLEXdotcom announcements contains notice of issues way back on June 14th, well before the withdrawal halt announcement by #CoinFlex... then promises more info tomorrow, June 27th.

i'm not optimistic about that new information... Image
@MarkDavidLamb being shady with his desperate users on the day withdrawals were officially halted on 6/23. of course the earlier telegram chatter makes it seem likely withdrawals were halted much earlier. ImageImageImageImage
There seems to be active discussion re: #Coinflex / @CoinFLEXdotcom in a Chinese language Telegram channel called "coinflex_official". no idea if it's official because i cannot read chinese, but if you or someone you know does maybe poke around in there?
t.me/coinflex_offic…
if you haven't followed the #CoinFLEX drama catch read about it on reddit.

tl;dr: pattern of facts suggests $90M in $BCH disappeared from the backing pool of @CoinFLEXdotcom's "stablecoin" $FLEX... only to appear in @binance where selling began.

reddit.com/r/btc/comments…
if yr behind on #CoinFLEX drama catch up on reddit.

tl;dr: pattern of facts suggests $90M in $BCH disappeared from the backing pool of @CoinFLEXdotcomx's "stablecoin" $FLEX...

reappeared in @binance hot wallet and selling began. (thx @Great_Refusal)
reddit.com/r/btc/comments…
lol at "#FlexUSD will be the default $BCH stablecoin"

#FlexUSD is now at $0.89. oh, and its backer, #CoinFLEX, has halted withdrawals (and maybe trading).

why do people think crypto bros like @rogerkver have any idea what they are talking about?

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More from @Cryptadamist

Jul 1
🧵1/Ω
i found a pretty fascinating trove of documents that detail one man's long and arduous 𝘬𝘢𝘮𝘱𝘧 to force #Tether to seize ~$3 million USDT that he lost to an address poisoning scam a few years back. Image
🧵2/Ω
Asif Ayub Patel was innocently attempting to purchase $3 million worth of gold bars from Northern Lights, a precious metals dealer based in Hong Kong that prefers to be paid in Tether, as any freedom loving Dubai resident is wont to do.
TTNRRr9jJ4sKAYExY9UryfxApFXJH2t2SJ Image
Image
🧵3/Ω
Unfortunately he was careless & got pwned by an address poisoning attack: scammer sends you some crypto from an address that starts/ends w/the same characters as the address you are trying to transact with and hopes you copy/paste from recent txns w/out checking. Image
Read 22 tweets
Jun 25
🧵1/Ω
Since #Israel attacked #Iran Tether has frozen 112 addresses on Tron and Ethereum.

- Collectively those wallets received ~$700 million USDT before being frozen
- The top 40 of those wallets are *all* on Justin Sun's Tron blockchain

Iranian exchanges mostly use Tron USDT. Image
🧵2/Ω
Dune dashboard with all the historical Tether blacklist data for those two blockchains can be found here:
dune.com/queries/5342352
🧵3/Ω
#Nobitex, the largest crypto exchange in Iran (which is basically a Binance feeder fund, but I digress), openly advises its users on how to avoid sanctions via Tether USDT even though that is a blatant violation of all kinds of laws.
Read 42 tweets
Jan 29
🧿1/Ω
apparently Trump's #WorldLibertyFi wallet had a sudden huge drop off in its token holdings exactly as $TRUMP and #MELANIA were launched...

...and then right after $TRUMP weekend it suddenly had $400mm in assets despite selling <$200mm in $WLFI to JustinSun etc. Image
🧿2/Ω
full $WLFI dashboard from @seoulcalibureth:
dune.com/seoul/wlfi
🧿3/Ω
it really looks like a few days before the $TRUMP launch someone borrowed all $ETH from #WorldLibertyFi treasury, sent it to a bunch of different Coinbase accounts (sus?), and then it came back from #CowSwap trades post-TrumpCoin w/e.

also at least one peel chain. Image
Image
Image
Image
Read 12 tweets
Nov 14, 2024
they're going to transfer incredible amounts of taxpayer money into the hands of crypto bros. that's what this has always been about.
and if you think i'm exaggerating you haven't been paying attention. the taxpayer bailout of the crypto industry is already well underway.
wpr.org/news/wisconsin…
they've already drafted the federal legislation to pump most of a trillion dollars into bitcoin under the delusional fairy tale of "paying down the national debt" (lol)
lummis.senate.gov/press-releases…
Read 4 tweets
Nov 5, 2024
🧵1/Ω
Thread for those who don't have the intestinal fortitude to sit through the Elmo / Rogan interview. Image
🧵2/Ω
Both these guys seem to regard the FBI asking (not forcing) "old Twitter" to take down some tweets as a crime against humanity roughly on the scale of the Stalin's gulags.

Rogan: "We were headed down a path of censorship and of control of narratives that is UNPRECEDENTED."
🧵3/Ω
The comparison to Stalin is not my hyperbole. Later in the interview Elmo will compare NY DA Alvin Bragg to Lavrenti Beria, the head of Stalin's secret police and one of history's greatest monsters. Image
Read 59 tweets
Nov 2, 2024
🧵1/Ω
🇸🇻 Making a thread to collect some recent scattershot tweets concerning documents I dug up about El Salvador, Bukele, Volcano Bonds, Tether, etc. in one place.
🧵2/Ω
🇸🇻 Not only does LaGeo S.V. use the same auditor as Tether, it's also the geothermal power company named in Bukele's volcano bonds plan
🧵3/Ω
Tether hired a lawyer in El Salvador to handle some trademarks and other business sundries.
Read 16 tweets

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